News Digest
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Bank of Maharashtra Q3 Results: Net profit rises 26.5% YoY to Rs 1,779 crore, NII jumps 16%
Bank of Maharashtra posted a 26.5% year-on-year rise in Q3FY26 net profit to ₹1,779 crore, supported by strong operating performance and better asset quality. Net interest income grew 16.3% to ₹7,344 crore, while return on assets improved to 1.86%.
Location-specific discounts: How BigBasket is using store-level pricing to fix dark store economics
BigBasket revamps its dark stores network offering variable discounts based on store performance. Its aim: grow low-traffic Unnati stores into profitable Pragati ones. This comes in the backdrop of intensifying competition in quick commerce as Swiggy, Amazon, and Blinkit expand rapidly.
EV charging startup Kazam eyes 2X jump in revenue even as it expands into electric two wheeler and e-buses
The company is targeting a revenue of about Rs 85 crore in FY26–a 2X jump from the revenue it had reported in FY25 on the back of its expansion plans and continued dominance in the electric three-wheeler category.
Retail inflation remains muted at 1.3% in December
The December inflation print marks an increase in monthly inflation compared to 0.7% reading in the month of November
Blinkit Drops ‘10-Minute Delivery’ Claim After Govt Push
Eternal’s quick commerce arm Blinkit has removed “10-minute delivery” claim from its platform after an intervention by the Union labour…
Direct tax receipts climb up by 4.14%
Total refunds in the current period were ₹3.12 lakh crore, about 17% dip from ₹3.75 lakh crore in the same period of previous year, the data said
Sukino Nets $31 Mn To Expand Recovery Care Centres Network
Bengaluru-based healthcare startup Sukino has raised $31 Mn (around INR 260 Cr) in a Series B funding round led by…
Lightspeed gears up for new India-Southeast Asia fund, may raise $500 mn
The new fund this year coincides with an aggressive global fundraising push as Lightspeed raised over $9 billion across six new global funds.
Delhi high court allows Zydus to sell cancer drug
Nivolumab is a monoclonal antibody-based immunotherapy used in the treatment of several cancers, including lung and head-and-neck cancers
‘Notice must make sense’: Delhi HC to Union Bank on RHFL
The high court said the company had undergone insolvency proceedings and that the resolution plan was approved by all creditors, including UBI.
Venezuela crisis likely to have limited impact on global oil prices; India Inc insulated
Recent political and military developments in Venezuela are unlikely to significantly impact global crude oil prices or Indian companies in the near term. Venezuela's modest contribution to global oil supply limits its influence on prices, and India's direct trade exposure is minimal.
CEO C. Vijayakumar spells out why HCLTech is one of the few IT majors putting a number on GenAI revenue
HCLTech CEO C. Vijayakumar said the company would continue to share Gen AI revenue, as it gives stakeholders a ringside view of how the company is making itself future-ready
GreenTech Bags INR 30 Cr To Scale Its AI-Driven Wind Turbine Management
Coimbatore-based deeptech startup GreenTech has raised $3.3 Mn (INR 30 Cr) in a mix of equity and debt in its…
Mint Explainer | Inside the Shriram–MUFG deal: Why proxy firms are pushing back
Touted as India's largest cross-border deal in the financial sector, the Shriram Finance-MUFG deal has been given a thumbs up by credit rating agencies. However, the deal has faced scrutiny from two prominent proxy advisors. What are these concerns?
Swiggy, Eternal shares rise after India calls for pause on 10-minute delivery
Shares of Swiggy and Eternal (Zomato, Blinkit) rebounded after the govt told quick commerce firms to scrap 10-minute delivery for the sake of gig workers.
Startup news and updates: Daily roundup (January 13, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Monday, January 13, 2026.
Speciality Chemicals Startup Atomgrid Raises $7 Mn To Increase Exports
Speciality chemicals startup Atomgrid has raised $7 Mn (around INR 58 Cr) in its pre-Series A funding round led by…
Quick commerce firms to rethink 10-minute delivery after govt intervention, gig workers' strike: Report
Quick commerce firms such as Blinkit, Zepto, and Swiggy, among others, are likely to reconsider their 10-minute delivery strategy after Labour Minister Mansukh Mandaviya directed major delivery aggregators to remove the quick delivery mandate. Here's what we know so far.
Precious metal imports from US jump in November
A high trade deficit with India is one of the key reasons why the US imposed a reciprocal tariff of 25% on India from August 7
Gig workers row: No more 10-minute delivery deadline; Centre urges quick commerce players to drop time limit
Quick commerce platforms have agreed to remove '10-minute delivery' services after Union Minister Mansukh Mandaviya intervened, prioritizing the safety of delivery partners. Companies assured the government they would cease advertising strict delivery time limits, with Blinkit already removing the promise from its branding.
Elon Musk thinks you don't need to save for retirement in an ‘abundant’ AI and robotics forward future
Billionaire Elon Musk thinks you don't need to save for retirement in the future, where AI and robotics will help create an abundant world where people's healthcare, housing and income needs will be met.
Innovaccer Completes INR 600 Cr ESOP Buyback
Healthtech unicorn Innovaccer has completed an employee secondary buyback worth INR 600 Cr (around $75 Mn), providing liquidity to employees…