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Business News

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15 Jan 2026
TL;DR

Spotify bumps up US Premium prices—now higher than Apple Music

Spotify is raising its subscription prices for all paid plans in the US, making it the most expensive mainstream music streaming service.

15 Jan 2026
TL;DR

Bengaluru's Aule Space lands $2 million to build satellite jetpacks

Bengaluru-based deep-tech startup, Aule Space, has raised $2 million in pre-seed funding to develop autonomous satellites capable of extending the lifespan of ageing spacecraft.

15 Jan 2026
TL;DR

AI startup Higgsfield AI raises $80 million at $1.3 billion valuation

Higgsfield, an AI video generation startup, has secured $80 million in funding, pushing its valuation to over $1.3 billion.

15 Jan 2026
TL;DR

Big Tech's AI obsession is fueling an energy hiring boom

Big Tech companies are rapidly hiring energy experts to manage the increasing power demands of artificial intelligence, as AI data centres' energy consumption continues to surge.

15 Jan 2026
TL;DR

Mercedes-Benz India posts record revenue, even as sales dip

Mercedes-Benz India achieved record revenue in 2025, despite a sales dip, due to robust demand for its high-end luxury vehicles.

15 Jan 2026
TL;DR

Bengaluru-based EtherealX raises $20.5 million, now valued at $80.5 million

Indian space tech startup, EtherealX, has seen its valuation skyrocket to $80.5 million, a 5.5x increase, as it prepares for engine hot-fire tests.

15 Jan 2026
TL;DR

Muthoot Microfin wins big for supporting women entrepreneurs

Muthoot Microfin Limited has been awarded as the Financial Inclusion Institution of the Year at the Inclusive Finance India Awards 2025.

15 Jan 2026
TL;DR

India's unemployment ticks up, urban jobs take a hit

India's unemployment rate increased to 4.8% in December, driven by a rise in urban joblessness, despite an overall improvement in employment indicators.

15 Jan 2026
Apple

India's smartphone market to decline in 2026 amid stagnating demand

India's smartphone market is expected to witness a decline in 2026, as per estimates from IDC and Counterpoint Research.

15 Jan 2026
Flipkart

Flipkart, Meta fined for misleading walkie-talkie listings

The Central Consumer Protection Authority (CCPA) has imposed a fine of ₹10 lakh each on e-commerce giants Flipkart and Meta Platforms.

15 Jan 2026
TL;DR

Sony India's revenue grows, but profits take a dip

Sony India's FY25 revenue saw a slight increase of 2.4% to ₹7,851 crore, while its total profit experienced a 6% decrease to ₹157 crore.

15 Jan 2026
TL;DR

India's chemical market set to double by 2030, says BCG

India's chemical market is projected to surge from its current value of $150 billion to over $300 billion by 2030, according to a report by global consulting firm BCG.

15 Jan 2026
Canada

Ericsson to lay off 1,600 employees in Sweden

Ericsson, a leading player in the telecom equipment industry, has announced plans to lay off around 1,600 employees from its Swedish unit.

15 Jan 2026
TL;DR

Nasdaq just had its roughest day since December—here's what happened

Concerns over high valuations and additional regulation led to a significant retreat in tech stocks, resulting in the Nasdaq Composite experiencing its worst day in nearly a month.

15 Jan 2026
Bill Gates

Bill Gates begins shutdown of his philanthropic foundation

Microsoft co-founder Bill Gates has started the formal process of shutting down the Bill & Melinda Gates Foundation.

Fractal Analytics plans ₹4,900cr IPO post-Budget 2026

Fractal Analytics, a leading data analytics and enterprise AI company backed by TPG Capital, is gearing up for its initial public offering (IPO) in February 2026, following the Union Budget presentation, according to Moneycontrol.

15 Jan 2026
TL;DR

Nikkei cools off after record run, but Topix sets a new high

Japan's Nikkei 225 retreated from a record high as tech shares fell and a stronger yen impacted exporters. Meanwhile, the broader Topix index achieved a new all-time closing high.

15 Jan 2026
TL;DR

Microsoft just made its biggest bet yet on cleaning up carbon

Microsoft has made a record-setting acquisition of 2.85 million soil carbon credits from Indigo Carbon, marking a significant step in its efforts to offset emissions.

15 Jan 2026
TL;DR

Microsoft just made a big move for the planet with Varaha

Microsoft has inked a deal with Indian startup Varaha to purchase over 100,000 tons of carbon dioxide removal credits by 2029, aiding its goal of becoming carbon-negative.

15 Jan 2026
TL;DR

CCPA fines Flipkart, Meta ₹10L each over illegal walkie-talkie listings

The Central Consumer Protection Authority (CCPA) has fined Flipkart and Meta Platforms ₹10 lakh each for promoting walkie-talkies without necessary regulatory disclosures.

15 Jan 2026
TL;DR

TSMC smashes Q4 expectations thanks to AI craze

Taiwan's leading chip manufacturer, TSMC, plans to increase capital expenditure by 40% this year following a 35% rise in net profit in the latest quarter.

15 Jan 2026
TL;DR

Moglix drops Cognilix: AI for smarter B2B buying

Moglix, a B2B e-commerce platform, has unveiled Cognilix, an AI-led operating system for B2B commerce and procurement, marking its significant move into enterprise software.

15 Jan 2026
Blinkit

Indians don't want 10-minute delivery: Survey

A recent survey conducted by LocalCircles has revealed that a significant portion of Indians don't want their products delivered in 10 minutes.

15 Jan 2026
TL;DR

Bharat Taxi launches in Delhi-NCR: What's new?

Bharat Taxi, a cooperative cab service, is preparing for its official launch in cities like Delhi-NCR. The app aims to compete with established services such as Uber and Ola.

15 Jan 2026
TL;DR

Flipkart names Jane Duke as Chief Ethics & Compliance Officer

Ahead of its IPO, e-commerce giant Flipkart has appointed Jane Duke as the group's Chief Ethics & Compliance Officer, bolstering its governance structures.

15 Jan 2026
Akasa Air

Akasa Air enables Apple Pay for overseas ticket purchases

Akasa Air has become the first Indian airline to accept Apple Pay for international flight bookings.

15 Jan 2026
TL;DR

India's Budget 2026: What you need to know

India's 2026 budget is set to prioritize strategic sectors and new economy industries, while also addressing governance issues and supporting local priority sectors.

15 Jan 2026
TL;DR

Budget 2026-27: Agriculture leaders push for tech and climate action

Ahead of Budget 2026, agricultural leaders are pushing for increased investments in digital infrastructure and climate-smart practices to boost productivity and job creation.

TSMC's Q4 profit hits record high on AI chip demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world's main producer of advanced artificial intelligence (AI) chips, has reported a record-breaking net profit for the October-December quarter.

15 Jan 2026
Goldman Sachs

Blackstone-backed Liftoff Mobile files for IPO

Liftoff Mobile, a company backed by private equity giant Blackstone, has filed its first S-1 document with the US Securities and Exchange Commission (SEC).

15 Jan 2026
TL;DR

Gaming industry hopes for a boost in Budget 2026

The gaming and esports industry in India is seeking support and clarity on tax frameworks in the upcoming 2026 budget, following PM Modi's endorsement of the sector.

15 Jan 2026
Infosys

Infosys faces probe in US over H-1B visa classification practices

Infosys is being investigated by the US Department of Justice (DoJ) for allegedly misclassifying certain employees on H-1B visas in immigration documents.

15 Jan 2026
TL;DR

Fractal Analytics eyes ₹4,900cr IPO after February 2026 Union Budget

Fractal Analytics, backed by TPG Capital, is planning a post-Union Budget launch for its Rs 4,900-crore initial public offering (IPO) in February 2026.

15 Jan 2026
TL;DR

Biocon raises ₹4,150cr to boost growth and go global

Biocon has raised ₹4,150 crore via a Qualified Institutions Placement (QIP) process, issuing over 112 million equity shares.

15 Jan 2026
Paramount Pictures

Paramount appoints new CFO amid Warner Bros. takeover battle

Paramount has announced the appointment of Dennis Cinelli as its new Chief Financial Officer (CFO).

15 Jan 2026
Coca-Cola

Coca-Cola plans $1B IPO for Indian bottling arm this summer

Coca-Cola is gearing up to launch an initial public offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB).

15 Jan 2026
TL;DR

Housecaller brings AI-powered home services to India

Housecaller, an on-demand services startup, has officially launched its AI and IoT-enabled platform in India.

15 Jan 2026
India

80% of 114 Rafale jets to be made in India

India is looking to acquire 114 Rafale fighter jets for the Indian Air Force (IAF), with a major chunk of them, around 80%, to be manufactured in the country, according to The Economic Times.

15 Jan 2026
TL;DR

HDFC Infinia credit card rewards take a hit—here's what's changing

HDFC Bank is slashing rewards on its premium Infinia credit card, particularly reducing points earned from SmartBuy voucher purchases.

15 Jan 2026
TL;DR

India's space startups are changing defense surveillance

Indian space startups are increasingly targeting defence surveillance, expecting it to become a significant revenue source in the coming years.

15 Jan 2026
Bombay Stock Exchange (BSE)

Zerodha's Nithin Kamath slams market holiday for Mumbai's municipal elections

Zerodha co-founder Nithin Kamath has voiced strong criticism as Indian stock exchanges remain closed today for Mumbai's municipal elections.

15 Jan 2026
Dell

Working at Dell? Brace yourself for major changes in 2026

Dell Technologies has asked its workers to prepare for what it calls the "biggest transformation in company history."

15 Jan 2026
TL;DR

Bitcoin nears $1L: What's fueling the rally?

Bitcoin briefly surpassed $97,000 due to encouraging US inflation data, regulatory optimism, and increased inflows in spot ETFs.

15 Jan 2026
TL;DR

Gold hit an all-time high of $4,648 on January 14, 2026 amid economic uncertainty

Gold continues to trade near peak levels on Comex at $4,603.80, driven by geopolitical tensions and anticipated Fed rate cuts.

15 Jan 2026
AMD

Trump imposes 25% tariff on advanced AI chips

The Donald Trump administration in the US has imposed a 25% tariff on advanced artificial intelligence (AI) chips, including NVIDIA's H200 and AMD's MI325X.

15 Jan 2026
TL;DR

Silver prices cool off after record highs

Silver prices fell to $88 an ounce on January 15, down from a record high of $93.70 the previous day, amid geopolitical tensions and sustained industrial demand.

15 Jan 2026
Microsoft

McKinsey asks job applicants to use AI chatbot in interview

Leading consultancy firm McKinsey is now asking job applicants to work with an artificial intelligence (AI) tool as part of its recruitment process.

15 Jan 2026
Andhra Pradesh

Bank holidays: Check state-wise closures for Makar Sankranti, Pongal

Today, January 15, several Indian states will witness bank closures due to the celebration of Makar Sankranti and Pongal.

15 Jan 2026
TL;DR

Paramount picks Dennis Cinelli as new CFO during Warner Bros. takeover drama

Paramount Skydance Corp. has named former Uber executive Dennis Cinelli as its new CFO, amid a fierce competition with Netflix for the acquisition of Warner Bros. Discovery Inc.

15 Jan 2026
TL;DR

Infosys faces fresh US probe over alleged visa fraud

Infosys is under investigation by the US Department of Justice for potential misclassification of H-1B visa recipient employees in immigration documents.

15 Jan 2026
TL;DR

India's new crypto KYC rules: What's changing?

Cryptocurrency exchanges in India are implementing stringent Know-Your-Customer (KYC) procedures to comply with local laws and deter illegal activities.

15 Jan 2026
TL;DR

OpenAI snags top talent from Thinking Machines Lab

Mira Murati's startup, Thinking Machines Lab, is experiencing significant changes as two co-founders, including the CTO, depart to rejoin OpenAI.

15 Jan 2026
TL;DR

Wall Street slips as tech and banks weigh down indexes

As investors continue to rotate out of tech shares, smallcap stocks are experiencing a surge, outperforming the S&P 500 for the ninth consecutive session.

15 Jan 2026
TL;DR

Amazon fights back after Italy cuts its antitrust fine

Amazon plans to appeal against an Italian court ruling that reduced its antitrust fine to $876.3 million, maintaining it did not abuse its market position.

15 Jan 2026
TL;DR

The Atlantic sues Google for allegedly monopolizing ad tech

The Atlantic magazine has sued Google, alleging the tech giant of monopolizing the digital advertising market and engaging in deceptive practices.

15 Jan 2026
TL;DR

OpenAI may run out of money in 18 months: Report

Sebastian Mallaby, a senior fellow at the Council on Foreign Relations, predicts that AI company OpenAI could run out of money within the next 18 months.

15 Jan 2026
TL;DR

DMRC and Bharat Taxi team up for easier metro commutes

The Delhi Metro Rail Corporation (DMRC) has signed an MoU with Bharat Taxi to enhance last-mile travel services for metro commuters.

15 Jan 2026
TL;DR

EU-India trade deal: Big changes coming for both sides

The European Union (EU) is set to sign a significant free trade agreement with India, intentionally excluding the agricultural sector, later this month.

15 Jan 2026
TL;DR

Bilt's new credit cards reward you for paying rent (and even your mortgage)

Bilt has unveiled its 2.0 credit cards, offering rewards on rent and mortgage payments. The new system introduces Bilt Cash and three card options with varying benefits.

15 Jan 2026
TL;DR

Hong Kong becomes key hub for India's high-value exports

India's high-value exports, including silver jewellery and electronics, are experiencing a significant surge in Hong Kong, underlining its growing importance as a trading hub.

15 Jan 2026
TL;DR

BookMyShow's parent Big Tree Entertainment sees big jump in profits

Big Tree Entertainment's BookMyShow reported a net profit of Rs 192 crore in FY25, driven by strong growth in its ticketing and live events business.

15 Jan 2026
TL;DR

Indian Overseas Bank's profit jumps, business grows strong

Indian Overseas Bank (IOB) reported a 56% YoY increase in its net profit for the third quarter, reaching ₹1,365 crore due to improved performance and asset quality.

14 Jan 2026
Coca-Cola

Coca-Cola does not plan to sell Costa Coffee anymore

Coca-Cola has reportedly called off its plans to sell the Costa Coffee chain.

14 Jan 2026
India

India receives $51B FDI in 6 months: What's driving growth?

India has witnessed a massive surge in foreign direct investment (FDI), with $51 billion coming into the country over the past six months.

14 Jan 2026
Indian Government

Modi government makes exports to West Asia, North Africa easier

In a major move to ease trade with West Asia and North Africa (WANA), the Indian government has authorized the India & Arab Countries Chamber of Commerce, Industry and Agriculture (IACCIA) to issue non-preferential certificates of origin.

This workspace solutions provider got SEBI's nod for ₹2,600cr IPO

Executive Centre India, a leading provider of premium flexible workspace solutions, has received the green light from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO).

14 Jan 2026
Anthropic

Instagram co-founder Mike Krieger to lead Anthropic's AI incubator

Anthropic, a leading artificial intelligence (AI) company, has appointed Mike Krieger, the co-founder of Instagram, as the co-leader of its Labs incubator.

14 Jan 2026
Unacademy

Unacademy to close offline centers, shift to franchise model

Unacademy, a leading edtech firm backed by Temasek, is planning to shut down its company-operated offline centers and transition to a franchise model.

14 Jan 2026
Infosys

Infosys Q3 profit dips 2.2% to ₹6,654cr, misses estimates

Infosys has reported a net profit of ₹6,654 crore for the third quarter of FY26—a marginal 2.2% decline from last year and lower than analyst expectations.

14 Jan 2026
Netflix

Netflix weighs all-cash bid to clinch Warner Bros takeover battle

Netflix is considering a revised bid strategy to acquire Warner Bros. Discovery Inc.'s studios and streaming businesses, according to Bloomberg.

14 Jan 2026
Groww

Groww Q3 profit drops 28% YoY to ₹547cr

Billionbrains Garage Ventures, the parent company of online investment platform Groww, has reported a 28% year-on-year decline in net profit for the third quarter of FY26.

TCS, AMD join hands to scale enterprise AI solutions

Tata Consultancy Services (TCS) has announced a strategic partnership with US chipmaker Advanced Micro Devices (AMD).

14 Jan 2026
Vedanta

Vedanta shares hit all-time high today: Here we decode why

Shares of mining giant Vedanta have hit an all-time high, extending their winning streak to the fourth consecutive session.

14 Jan 2026
Donald Trump

Silver prices soar past $90/ounce for first time ever

Silver prices have hit a new high, crossing the $90 per ounce mark for the first time in history.

14 Jan 2026
Accenture

Tech companies cut 245,000 jobs in 2025 amid AI push

The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.

14 Jan 2026
Startups

This start-up says it has reinvented a 100-year-old technology

Ammobia, a start-up, is significantly improving the production of ammonia, a key ingredient in fertilizers and other industries.

TCS's workforce shrinks by 30,000 in 2 quarters

Tata Consultancy Services (TCS) has witnessed a major decline in its headcount over last two quarters.

14 Jan 2026
Coal India

Bharat Coking Coal IPO allotment today: How to check status

The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of Coal India, has been oversubscribed by nearly 147 times.

14 Jan 2026
Inflation

India's wholesale inflation rises to 8-month high of 0.83%

India's wholesale price inflation has risen to an 8-month high of 0.83% in December, marking an increase from November's contraction of 0.32%.

14 Jan 2026
Donald Trump

US eases path for NVIDIA's AI chip sales to China

The US Department of Commerce has eased its stance on artificial intelligence (AI) chip exports to China.

14 Jan 2026
China

China's trade surplus hits record $1.1 trillion despite US tariffs

China has posted a record trade surplus of $1.189 trillion in 2025, defying the renewed tariff pressures from the US under President Donald Trump.

14 Jan 2026
Mark Zuckerberg

Meta cuts 1,000+ jobs at metaverse unit amid wearables push

Meta is set to lay off over 1,000 employees from its Reality Labs division. The layoffs will mostly affect teams working on virtual reality products.

14 Jan 2026
OnePlus

Taiwan issues arrest warrant for OnePlus CEO: Here's Why

Authorities in Taiwan have issued an arrest warrant for Pete Lau, the CEO of Chinese smartphone brand OnePlus.

13 Jan 2026
Meta

Meta to reward top performers with up to 300% bonuses

Meta, the parent company of Facebook and Instagram, is revamping its employee performance review system.

13 Jan 2026
Startups

OYO, Razorpay backer Lightspeed to launch new India-focused fund

Lightspeed India Partners, a prominent early-stage investor in companies like OYO and Razorpay, is gearing up to launch its next fund focused on India and Southeast Asia in 2026.

13 Jan 2026
Iran

Why India's basmati rice exports to Iran is down

Civil unrest in Iran is affecting India's basmati rice exports to the country, an industry body has said.

13 Jan 2026
Flipkart

Flipkart-backed Shadowfax to launch ₹1,900cr IPO next week

Shadowfax, a leading logistics services provider backed by Flipkart, is gearing up to launch its initial public offering (IPO) next week.

13 Jan 2026
Apple

Alphabet hits $4T valuation after Apple picks Gemini for Siri

Google's parent company, Alphabet, has hit a major financial milestone by hitting a $4 trillion valuation for the first time.