News Digest
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Budget 2026: Anticipating a shift from attracting foreign investors to retaining them
India's foreign investment landscape has seen net outflows recently, despite strong market returns. To counter this, Budget 2026 is urged to offer competitive tax rates on long-term investments for both FPIs and FDIs. Lowering taxes on capital gains and dividends, along with making debt markets more attractive, could stabilize inflows and boost reserves.
Indian AI-powered CLM platform SpotDraft raises $8 million from Qualcomm Ventures
SpotDraft, an AI-powered contract lifecycle management (CLM) platform, has raised $8 million from Qualcomm Ventures in an extended Series B funding round. The investment follows SpotDraft’s $56 million Series B raise in February 2025. Founded by Shashank Bijapur and Madhav Bhagat, SpotDraft combines intuitive workflows, business-friendly design, and AI-powered contract intelligence to help legal teams reduce turnaround times, scale operations, and demonstrate measurable business impact. The startup will use the raised capital to to deepen its product and AI capabilities and expand its enterprise presence across the Americas, EMEA, and India, and the relationship extends beyond capital. “This investment validates the architectural direction we've taken with SpotDraft,” said Shashank Bijapur, Co-founder and CEO, SpotDraft. “Legal teams handle some of the most sensitive business information, yet most AI tools still require sending that data to external cloud models. We've developed the...
Kwality Wall’s India gets Sonali Rajpurohit as HR head
After almost two years of association with Unilever, Sonali Rajpurohit has joined Kwality Wall’s India as HR head. This alumna of XLRI Jamshedpur holds an MBA in Human Resource Management. She was a summer intern with Akzo Nobel for a short while in 2015, where she designed an automated dashboard with key HR metrics for [...] The post Kwality Wall’s India gets Sonali Rajpurohit as HR head appeared first on HR Katha .
Bank strike today: Are public sector banks open for customers?
Public sector bank operations face nationwide disruption Tuesday as unions strike for a five-day work week. Conciliation talks failed, leading to the strike after banks were already closed for the weekend and Republic Day. This is expected to impact branch services for three consecutive days.
Axis Bank Jumps 4% After Q3 Profit Uptick; Should You Buy, Hold Or Sell?
Axis Bank shares jumps 4% on Q3 profit rise to Rs 6,490 crore; brokerages turn bullish. Is this the right time to buy?
Nationwide Bank Strike Today: Check Which Banks Are Affected, What Services Will Work And What Won’t
Core services such as cash deposits and withdrawals, cheque clearances, and branch operations are likely to be affected at PSBs
Stock markets bounce back after falling in early trade
From the 30-Sensex firms, Axis Bank, Adani Ports, UltraTech Cement, Bharat Electronics, Tata Steel, NTPC, State Bank of India and Tech Mahindra were among the biggest gainers
India-EU FTA: Deal set to be signed today; why it’s being called the ‘mother of all deals’
India and the European Union have inked a landmark Free Trade Agreement after nearly two decades of talks, hailed as the 'mother of all deals'. This historic pact aims to create a vast free trade zone, significantly boosting sectors like textiles and gems, while reducing tariffs on numerous goods and fostering defense collaboration.
Navneet Gupta is global HR head, Milestone Inc
Navneet Gupta has joined Milestone Inc as global HR head. He moves from fabric where he was head of people for over three years. Equipped with a BTech in Computer Science and Engineering, Navneet Gupta went on to obtain an MBA in Human Resources from Management Development Institute, Gurgaon, in 2012. He worked with Tata [...] The post Navneet Gupta is global HR head, Milestone Inc appeared first on HR Katha .
How Siemens Technology and Services turned psychological safety into strategy
Technology organisations have long measured HR success by hiring speed, training completion rates, and retention percentages. These metrics show how efficiently people move through systems. They don’t reveal whether those people can navigate ambiguity, challenge assumptions, or create something that didn’t exist yesterday. At Siemens Technology and Services, a Global Capability Centre employing thousands across [...] The post How Siemens Technology and Services turned psychological safety into strategy appeared first on HR Katha .
Marico shares gain after latest acquisition, ahead of Q3 results
The acquisition is expected to be completed within 30 days, as per a regulatory filing. Marico will also have the right to acquire the remaining stake in Zea Maize after three years from the execution date of the agreement.
Gold Price To Hit Rs 9 Lakh A Tola? Here's What 'Rich Dad Poor Dad' Author Predicted
Gold is no longer just a purchase, but a privilege few may afford, as prices surge beyond expectations. A startling forecast hints at Tola rates racing towards Rs 9 lakh!
Skills-based architecture: When capabilities matter more than titles
What is SBA? Skills-based architecture (SBA) is a modern HR framework that organises work around skills rather than static job descriptions. Instead of defining employees by what their business card says, SBA defines them by what they can actually do—their capabilities, expertise, and potential. This allows organisations to redeploy talent quickly, adapt to change, and [...] The post Skills-based architecture: When capabilities matter more than titles appeared first on HR Katha .
India-EU Summit LIVE: India-EU announce mega FTA; PM Modi calls it New Delhi's biggest trade deal ever
The deal, concluded after negotiations spanning over two decades, has been termed as the "mother of all deals" as it will create a market of about 2 billion people
India, EU Conclude Long-Pending Free Trade Agreement Talks, Implementation Likely By 2027
Commerce Secretary Rajesh Agrawal confirmed on Monday that the deal has been finalised and will be formally announced during the summit scheduled for January 27
Starbucks reports $31 million pay for CEO Brian Niccol in 2025
Starbucks CEO Brian Niccol's 2025 pay includes a $5 million bonus and close to $20 million in stock awards, as per a filing from the coffee chain on Monday. In 2024, Niccol's compensation was $96 million and included a stock award of over $90 million.
China's Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake
The transaction comes as the German sportswear group struggles to revive sales and investor confidence under its new CEO, Arthur Hoeld.
Budget 2026: Government seen easing fiscal grip amid global headwinds
Budget 2026 will likely focus on supporting the economy amidst global challenges. Rating agencies suggest a cautious approach to fiscal consolidation. Reforms, especially in deregulation, will be viewed favorably. Any deviation from fiscal discipline could negatively impact ratings. Experts anticipate continued strong economic growth for India.
Adani Power’s India grid plan gains urgency amid Bangladesh tariff row
While Adani's coal-fired plant in Jharkhand's Godda is currently linked only to the Bangladesh grid, the company has received an approval to connect to the Indian grid, too. It had indicated it would be connected to India’s power infrastructure by December 2025, but that hasn’t been completed yet.
US Treasury Department ends contracts with Booz Allen Hamilton after Trump tax leak
US Treasury Department ends contracts with Booz Allen Hamilton after Trump tax leak
NJ Transit Resumes Rail Service Following Winter Storm Blast
New Jersey Transit is resuming rail service after the heaviest and coldest winter storm in years forced the state-run agency on Sunday to halt all of its public transportation operations.
After tax return data leak, US Treasury terminates consulting firm Booz Allen Hamilton contracts
The US Treasury Department has terminated 31 contracts with Booz Allen Hamilton, totaling $21 million in obligations. This action follows the conviction of a former contractor linked to the firm for leaking sensitive IRS tax data, including President Trump's. The Treasury cited the firm's failure to implement adequate safeguards for confidential taxpayer information.