News Digest
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Rupee recovers 19 paise from all-time low to close at 91.71 against U.S. dollar
Forex traders said the rupee recovered marginally as traders rushed to cover broad dollar weakness
Single specialty Interventional pain management chain Nivaan Care raises $7 million in funding
Single specialty Interventional pain management chain Nivaan Care has raised $7 million in a Series A funding round led by Sorin Investments, with participation from existing investors W Health Ventures, Endiya Partners and Rebright Partners. The startup will use the capital to expand its clinic network across multiple Indian cities, strengthen its clinical and operating infrastructure, and to continue innovating on new-age minimally invasive pain management procedures. Nivaan Care operates single-specialty pain management clinics focused on chronic pain, including back, knee, and neck pain. The startup follows a multidisciplinary care model, combining pain physicians, physiotherapists, and care coordinators to deliver non-surgical and minimally invasive treatments. Nivaan currently operates clinics across Delhi-NCR, Mumbai, and other satellite markets such as Jaipur and Lucknow. The startup claims to have completed over 40,000 consultations and approximately 5,000 minimally invasiv...
Tax Rules On Inherited Property Or Money Every Heir Should Know
Handling taxes after inheritance can feel confusing, with heirs responsible for filing returns and claiming refunds.
As premium personal care booms, ITC stays measured on acquisitions
As rivals snap up digital-first personal care brands, ITC is moving cautiously—focusing on trust-led categories and long-term value over rapid acquisitions, said Sameer Satpathy, head, personal care business.
Enterprise Tech Startup SpotDraft Nets $8 Mn From Qualcomm Ventures
AI-driven enterprise tech startup SpotDraft has secured $8 Mn (about INR 73.4 Cr) from Qualcomm Ventures in its Series B…
Supreme Court quashes JioStar's plea, allows CCI probe into abuse of dominance in Kerala cable TV market
A bench of Justices J.B. Pardiwala and Sandeep Mehta said the matter is at a preliminary stage and the market regulator may be allowed to continue with its probe
Prudential Life Japan faces sales misconduct fallout; announces compensation and leadership reset
Prudential Life Insurance has moved to contain the fallout from widespread monetary misconduct involving its sales force, announcing customer compensation, senior leadership changes, and a broad overhaul of sales practices and governance in Japan. The action follows an internal review that uncovered improper financial dealings by more than 100 current and former employees. The issues [...] The post Prudential Life Japan faces sales misconduct fallout; announces compensation and leadership reset appeared first on HR Katha .
Halwa Ceremony Held At North Block As Govt Begins Final Leg Of Budget 2026-27 Process
Nirmala Sitharaman led the Halwa ceremony at North Block, marking the Union Budget 2026-27 preparations. Budget documents will be released digitally after the February 1 speech.
Nivaan Care raises $7M in Series A round led by Sorin Investments
The speciality pain management chain will use the capital to expand its clinic network across Indian cities and strengthen its clinical and operating infrastructure.
Blinkit Launches Rs 50 NCMC Bharat Yatra Card For Urban Commuting, But It Is Not For Everyone
Blinkit CEO Albinder Dhindsa launched the Rs 50 NCMC Bharat Yatra Card
Nivaan Care Raises $7 Mn To Offer Chronic Pain Management Solutions
Healthtech startup Nivaan Care has raised $7 Mn (around INR 64.2 Cr) in its Series A funding round led by…
Market Wrap: Sensex adds 320 pts, Nifty above 25,100 as India-EU sign ‘mother of all deals’. All eyes on US Fed meet now
India’s benchmark indices closed higher as the India-EU “mother of all deals” lifted sentiment. Sensex gained 320 points to 81,857, Nifty50 rose 127 points to 25,175. Gold surged near record highs, crude eased, and the rupee strengthened to 91.72 per dollar amid positive trade cues and global market optimism.
Commodity radar: Gold’s weekly RSI of 86, a red flag or strength? 5 technical triggers before making a trade
Gold prices have surged to record highs, with weekly RSI at 86 highlighting strong momentum. Technical indicators suggest a bullish trend intact, though short-term consolidation is possible. Experts recommend buying on dips, citing strong support levels and sustained upside potential.
Raymond Realty Q3 profit jumps to Rs 67 cr
Raymond Real Estate Ltd on Tuesday reported a sharp jump in its consolidated net profit to Rs 66.79 crore for the third quarter of this fiscal.
Foundation PE looks to ramp up India bets as secondary market gains momentum
After deploying about 60% of its $120 million maiden fund in India, the pan-Asian secondaries firm says rising liquidity needs among PE and VC funds are creating fresh opportunities.
Hindalco Industries to invest ₹21,000 crore in Odisha smelter expansion
Hindalco Industries announced a ₹21,000-crore expansion of its Aditya Aluminium smelter in Odisha and commissioned new flat rolled products and battery-grade aluminium foil facilities, as part of a ₹37,000-crore planned investment in the state aimed at reducing aluminium import dependence, supporting lithium-ion battery manufacturing and generating over 15,000 jobs.
EU Firms Upbeat On India Growth, See EU-India FTA Unlocking Next Phase Of Expansion: FEBI Survey
FEBI’s Business Sentiment Survey 2026 shows EU companies are highly optimistic about India, with 95 percent planning expansion and strong profitability.
VW to BMW brace for tough India market even after India-EU trade deal
Cracking India's car market dominated by Maruti Suzuki, and Tata Motors and Mahindra, is easier said than done even with India-EU trade deal in play.
Rupee slide rattles investors. Will the currency breach the 100 mark?
The US Dollar has remained weak against the Pound Sterling and Euro, although it has shown some selective strength against the Japanese Yen. Against the Chinese Yuan, the depreciation has been more pronounced, signalling continued pressure in the Asian currency complex.
Inside Hero FinCorp IPO: A Deadline-Driven Listing
Hero FinCorps IPO is being pitched as a growth story, but its filings suggest something else is at play.
RTO mandate triggers backlash over cramped workspaces and hiring concerns
A renewed return-to-office push is drawing criticism after an employee shared details of how their workplace is preparing to bring staff back after nearly three years of remote work. The company has asked employees to report to the office three days a week, starting next month, marking a sharp shift from its long-standing work-from-home arrangement. [...] The post RTO mandate triggers backlash over cramped workspaces and hiring concerns appeared first on HR Katha .
How The World’s Top TikToker Just Made $975 Million With One Smart Move
This landmark deal transforms social media influence into a global business empire, showcasing how digital creators can convert attention into long‑term success.
Nirmala Sitharaman to make history with ninth consecutive budget
This will take Ms. Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods