News Digest
Jobs, funding, startups & career opportunities - updated every 30 minutes
Tata Steel Q3 preview: UK turnaround, Europe carbon tax under the spotlight
As Tata Steel announces its Q3 earnings on Friday, all eyes will be on the turnaround in its UK business, European carbon tax and its plan to secure raw materials domestically
From K-dramas to coffee culture: How Monika Alcobev is betting on trends before the hype
After importing 100% agave tequila since 2018, Monika Alcobev is now betting big on Korean soju and Spanish liqueur.
Rupee inches 7 paise to reach 90.40 against US dollar
The Indian rupee opened marginally higher at 90.45 against the US dollar on Thursday, recovering slightly after a dip in the previous session. Mixed market sentiment prevails as traders await official confirmation of the India-US trade deal, with crude oil price volatility also influencing currency movements.
Alphabet caps 2025 with revenue milestone, doubles down on AI spending
For the full financial year, Alphabet reported revenue of $402.8 billion, up 15% year on year, while net profit for FY25 rose 32% to $132.2 billion.
Lakhs of commercial cases enter mandatory mediation, barely 2% settle
Since the introduction of mandatory pre-court mediation in India, settlement rates remain low at 1.75%. Experts argue that the process is treated as a procedural formality, leading to early failures in mediation and reduced confidence among businesses in the effectiveness of dispute resolution.
ElevenLabs raises $500 million in Series D as enterprise voice AI drives $11 billion valuation
ElevenLabs raised $500 million led by Sequoia Capital, valuing it at $11 billion, to expand Eleven Agents and global reach, with partners like Deutsche Telekom and Meta.
Silver down 16%, gold drops 3.5% as volatility grips precious metals
Silver plunged 12.7% to $76.9495 an ounce as of 11:18 am in Singapore. Spot gold was 2.1% lower at $4,859.20 an ounce.
Nike faces US federal probe over allegations of 'DEI-related' discrimination against white workers
The EEOC is investigating Nike for alleged discrimination against white employees in its diversity policies, with Chair Andrea Lucas filing a commissioner’s charge based on Nike’s public DEI goals.
Asian stocks today: Markets trade in red as tech stocks tumble; Kospi falls 4%, Nikkei down 600 points
Asian markets opened lower, mirroring losses in US technology stocks that dampened investor confidence. Despite modest gains in US stock futures, a mixed close on Wall Street and falling oil prices contributed to the regional retreat. Technology shares, particularly software companies, faced pressure amid concerns over AI competition.
Stock market today: Nifty50 falls 133 points; BSE Sensex tumbles 503 points to settle at 83,313
Indian stock markets opened lower today, with Nifty50 and BSE Sensex experiencing declines. While IT stocks faced a sell-off due to automation fears, domestic consumption-driven sectors showed resilience. Analysts remain cautiously optimistic, awaiting FII buying trends and positive impacts from recent trade deals and budget announcements.
Is Reality in Your Mind? Plato’s Quote Explained for Modern Life
“Reality is created by the mind. We can change our reality by changing your mind.” The line is often attributed to Plato, and whether or not it comes
Boeing layoffs: Planemaker to cut 300 jobs from defence division, to notify affected workers this week
Boeing layoffs: The jobs to be eliminated are in the defence division's supply chain, and the company will notify affected workers this week, according to a report.
Top stocks to buy today: Stock recommendations for February 5, 2026 - check list
Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Petronet, MRPL, and CCL. Here’s his view on Nifty, Bank Nifty, and the top stock picks for February 5, 2026:
This startup is bringing the benefits of AI to retail stock market investors
Mumbai-based InvestorAi has built its own specialised AI stock picking platform to help retail investors navigate through the turbulent world of markets.
Marico’s Cosmix Deal, Whole Truth’s $51 Mn Round & More
Marico’s INR 226 Cr Cosmix Bet Marico is betting big on health-first, D2C brands. In its second acquisition in a…
The Paradox of Originality: Why Copying Makes You More Creative
Originality is usually described as a lightning strike, a rare gift, a sudden arrival of something never seen before. But the attached note offers a calmer
US households become increasingly strained in diverging economy
Around the crack of dawn, a line begins forming at a strip mall in Hyattsville, Maryland, as residents ranging from students to delivery workers and federal contractors wait to sign up for food assistance. - 'Scraping' - Salih Taylor, a federal worker, said he had not considered visiting a food drive until speaking with his church's pastor.
Nestle widens infant formula recall after EU requests new toxin analysis
Nestle expanded its infant formula recall to include Guigoz in France and SMA in the UK after new EU cereulide toxin analysis, with French investigators probing links to two infant deaths.
The story of a self-funded beauty brand; Tech leadership on subscription
PAC’s early years under Bonish Jain's leadership focused on careful expansion rather than rapid scale. While its core strength remained makeup tools, the company began experimenting with colour cosmetics designed for both professionals and regular makeup users.
Nvidia's AI chip sale to ByteDance hinges on conditions set by Trump administration
The US may let ByteDance buy Nvidia H200 chips, but Nvidia has not agreed to US KYC conditions. China approved imports for ByteDance, Tencent, Alibaba, and Deepseek amid ongoing tech tensions.
Tata Motors' $4.4 billion Iveco move faces fresh concerns
Since the acquisition deal announcement, Iveco has cut its full-year 2025 guidance for its commercial vehicle and defence business to just €60 million from €400-450 million
Chip(per) ambitions: Electronics majors weigh semiconductor leap on policy push
Syrma SGS and Dixon Technologies are eyeing semiconductor manufacturing after the announcement of the India Semiconductor Mission 2.0. 
Material Depot Nets $10 Mn To Scale Omnichannel Home Interiors Play
Material Depot, a home interior materials marketplace, has raised $10 Mn (about INR 90 Cr) in a Series A round…
How startups are turning India’s home interiors into a DIY marketplace
As homeowners increasingly source tiles, laminates and finishes themselves, investors are backing materials-focused platforms like Material Depot, alongside, but separate from, execution-led interior design firms.