News Digest

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

Startup Funding

ITC Hotels secures ₹327-crore lease in Delhi's Dwarka for 5-star hotel project

ITC Hotels' new 5-star hotel project in Delhi signifies investment in the hospitality sector.
Industry Trends

Stock markets take downtrend for fifth day

The stock markets are experiencing a downtrend for the fifth consecutive day, affecting major firms.
Hiring News

India to focus on skilled jobs, employment quality to achieve inclusive growth: EAC-PM chief S Mahendra Dev

India's focus on skilled jobs and employment quality is key for sustainable economic growth.
Industry Trends

Rupee falls 26 paise to close at 90.16 against U.S. dollar

The rupee has depreciated against the U.S. dollar, influenced by market sentiment and forex dynamics.
Layoffs / Restructuring

Culver Max Entertainment plans 10% workforce reduction amid cost reset

Culver Max Entertainment plans to reduce its workforce by 10% as part of a cost rationalization effort.
Startup Funding

Fintech startup Skydo secures final RBI authorisation for cross-border payments

Skydo receives RBI authorization to operate as a cross-border payments platform.
Industry Trends

Physical AI dominates CES but humanity will still have to wait a while for humanoid servants

The CES showcases advancements in physical AI, though humanoid robots are still not ready for widespread use.
Startup Funding

Govt Mulls ESOP Tax Relief, but Liquidity Risks Still Haunt Startup Employees

The Indian government's consideration of ESOP tax relief could significantly affect hiring and talent retention in startups.
New Job Openings

UP expands apprenticeship drive; over 83,000 youth placed in FY26

Uttar Pradesh has placed over 83,000 youth in apprenticeships as part of its employment drive.
Industry Trends

Explained: OpenAI Announces ChatGPT Health, But Issues Persist With Health Advice from Chatbots

OpenAI's ChatGPT Health aims to address health queries but raises concerns about the reliability of AI health advice.
Industry Trends

PayNearby introduces dual-authentication system for SHG cash transactions

PayNearby's dual-authentication system aims to enhance financial inclusion for women in rural areas.
Salary / Compensation

BCCL sees workforce at 22,000 by 2030, wage hikes of 15–20% ahead

BCCL's projected workforce growth and wage hikes indicate a positive trend for employees.
Industry Trends

TCS withholds appraisals for employees falling short of office attendance norms

TCS is withholding appraisals for employees not meeting office attendance norms.
Startup Funding

Skydo receives RBI’s final approval to operate as cross-border payment aggregator

Skydo's RBI approval as a cross-border payment aggregator supports its expansion plans.
Industry Trends

CCI Defends Global Turnover Penalties in Apple Antitrust Case

India's competition watchdog defends its antitrust penalty rules in the ongoing Apple case.
Layoffs / Restructuring

Ubisoft shuts Halifax Mobile Studio amid global restructuring push

Ubisoft is closing its Halifax Mobile Studio as part of a global restructuring effort.
Industry Trends

Vodafone-Idea’s Rs 87,695-crore debt freeze: Here is the new repayment timeline set by Centre

Vodafone-Idea's debt freeze and new repayment timeline may impact the telecom industry's financial landscape.
Industry Trends

IGL clears pre-qualification stage for Saudi Arabia gas distribution tender

IGL's progress in the Saudi gas distribution tender reflects its competitive positioning.
Industry Trends

M&M announces HR leadership transition; Ruzbeh Irani to retire, Rohit Thakur appointed group CHRO

Mahindra & Mahindra announces a leadership transition in its HR department.
Industry Trends

‘Modi didn’t call’: US Commerce Secretary Howard Lutnick on what derailed high-stakes India-US trade deal

US Commerce Secretary comments on the stalled India-US trade deal, affecting international business relations.
Industry Trends

AI gobbling up memory chips essential to gadget makers

The demand for memory chips has surged due to AI applications, leading to supply shortages.
Industry Trends

Retail holding in HDFC Bank drops to lowest level in 20 quarters

Retail investors are reducing their holdings in HDFC Bank, indicating shifts in investment strategies.
Government Jobs

Vodafone Idea to pay government ₹1,144 crore in 10 years for AGR dues, rest from March 2036 onwards

Vodafone Idea's payment plan for AGR dues outlines a long-term financial commitment to the government.
Industry Trends

Hyatt has appointed Namrata Sharma as area director-human resources

Hyatt has appointed Namrata Sharma as area director of human resources.