News Digest

Jobs, funding, startups & career opportunities - updated every 30 minutes

Layoffs / Restructuring

TCS Q3 Results: Attrition Rises To 13.5%, Headcount Down By Over 11,000

TCS reports a significant rise in attrition and a reduction in headcount, indicating challenges in the IT job market.
Industry Trends

Startup news and updates: Daily roundup (January 12, 2026)

Daily roundup of news from the Indian startup ecosystem.
Industry Trends

RBI Governor Calls For Near Real-Time, Tech-Driven Supervision To Tackle Digital Banking Risks

RBI's call for tech-driven supervision indicates a growing focus on digital banking safety.
Industry Trends

Credit-deposit ratio of banks rises to 82 pc: Report

The rise in India's Credit-Deposit ratio indicates strong bank asset growth and a revival in banking employment.
Industry Trends

TCS Q3 Results: Net Profit Declines 14% Mainly Due To 'Exceptional Items'; What Are Those?

TCS experiences a net profit decline primarily due to exceptional items, not operational issues.
Startup Funding

MapmyIndia Acquires 6% Stake In Iwayplus To Foray Into Indoor Navigation

MapmyIndia has acquired a 6% stake in Iwayplus to expand into indoor navigation.
Industry Trends

How rupee movements affect overseas education costs & remittance decisions

Currency volatility is affecting overseas education costs for Indian students and NRI remittance strategies.
Startup Funding

PumPumPum raises Rs 18 crore in funding to build an asset-light leasing technology platform

PumPumPum raises Rs 18 crore to develop an asset-light leasing technology platform.
Industry Trends

‘Old’ CPI inflation rises to 1.33% in December, ends 2025 outside RBI target range

Rising inflation may affect job markets and salary negotiations in various sectors.
Startup Funding

Nothing Announces Plans to Open Its First Flagship Store in India Soon

Nothing announces plans to open its first flagship store in India.
Layoffs / Restructuring

TCS Headcount Falls by 11,151 Even as AI Workforce Crosses 2,17,000 in Q3

TCS has seen a significant drop in headcount while expanding its AI workforce, indicating a strategic shift.
Industry Trends

Retail inflation at 3-month high of 1.33% in December 2025, well below RBI’s lower comfort level

Retail inflation has reached a three-month high, remaining below the RBI's comfort level.
Salary / Compensation

TCS declares Rs 57 dividend, including Rs 46 special payout. Check record date and other details

TCS announces a significant dividend payout, reflecting strong cash flows despite modest revenue growth.
Industry Trends

TCS Q3 Results: Net Profit Falls 14% YoY To Rs 10,657 Crore, Revenue Up 5%, Dividend Declared

TCS reports a decline in net profit while revenue shows modest growth.
Industry Trends

Tejas Networks won big with BSNL—so why is it losing money now?

Tejas Networks faces financial challenges despite a significant order from BSNL.
Industry Trends

Spotify Slashes Monetisation Thresholds for Video Podcasters Amid Ad Revenue Decline

Spotify's adjustment of monetisation thresholds for video podcasters aims to boost creator engagement.
Industry Trends

BMI forecasts 7% growth for India in FY27

BMI forecasts strong economic growth for India, driven by favorable policies and reforms.
Startup Funding

TCS Q3 results: Revenue from operations rises 5% YoY, company declares Rs 57 dividend per equity share

TCS reports a 5% year-on-year revenue increase and announces a dividend, reflecting positive company performance.
Startup Funding

Proptech startup Flent raises Rs 21 Cr to expand premium housing rental platform

Flent has raised Rs 21 Cr to scale its premium housing rental platform and expand its team.
Industry Trends

India’s Retail Inflation Rises To 1.33% In December 2025; Food Deflation Eases

India's retail inflation data reflects economic trends that could influence job markets and salaries.
Industry Trends

National Youth Day: Why Young Indian Investors Are Looking Beyond Equities

Young Indian investors are diversifying their portfolios beyond equities.
Salary / Compensation

India's retail inflation rate rises to 1.33% but still below RBI tolerance band

India's retail inflation rate rises but remains below the RBI's tolerance band.
Industry Trends

Rupee pares early losses, ends 2 paise higher at 90.16 against U.S. dollar

The rupee strengthened slightly against the U.S. dollar, aided by positive market sentiment regarding trade talks.
Industry Trends

NBCC arm HSCC signs MoU with Bharat Electronics for healthcare manufacturing, services

NBCC's subsidiary HSCC collaborates with Bharat Electronics for healthcare manufacturing and services.