News Digest

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Adani Green Q3 profit trips 99% on higher sales in spot market, interest cost

The fall in profit came as a result of high sale of power in the merchant market, where prices are much lower than those accrued through utility power supply.

State-run BPCL to sign $780 mn crude sourcing deal with Brazil's Petrobras

BPCL, Petrobras to sign term contract for 12 million crude oil barrels at India Energy Week in Goa next week. PM Narendra Modi will meet global energy executives from TotalEnergies, BP, Vitol, HD Hyundai, Vedanta, ReNew at the event.

Tata's semiconductor bet has put Assam on the global investment map: CM Himanta Biswa Sarma

Assam Chief Minister Himanta Biswa Sarma says the Tata Group’s semiconductor investment has transformed investor perception of the state, triggering large-scale industrial projects and paving the way for a broader electronics ecosystem, with fresh Tata investments expected in the coming years following key meetings at the World Economic Forum in Davos.

Top stories | Rupee's new low, market slumps, IndusInd results and more

Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm

Urban Company eyes Q3 FY28 breakeven while doubling down on instant services

Urban Company plans to make core services like beauty and plumbing "instantaneous," leveraging learnings from its fast-growing InstaHelp vertical. CEO Abhiraj Singh Bhal aims for consolidated breakeven by Q3 FY28 despite widening InstaHelp losses.

Why is Elon Musk planning to hike Tesla's FSD subscription rate after phasing out Autopilot mode — Explained

Elon Musk has announced that Tesla will raise subscription prices for Full Self-Driving software as its capabilities improve, potentially exceeding the current $99 per month. Here's what we know about the move. 

Deputy CM Harsh Sanghavi says Gujarat’s new goal is to turn local firms into global leaders

Sanghavi argued that Gujarat already has a proven record in attracting capital, saying that in the 2024 Vibrant Gujarat Summit the state received “more than ₹45 lakh crore” worth of proposals

Coforge, Mphasis defy seasonality, beat market expectations in Q3

India's seventh-largest IT company Coforge ended the third quarter with $478.2 million in revenue, up 23% on a yearly basis, while eighth-largest Mphasis racked up $451.2 million in revenue in the quarter, up 7.66% year-on-year.

Davos 2026 | Gujarat isn't just building factories—it's betting on AI, GCCs and GIFT City to attract global capital

At the World Economic Forum in Davos, Gujarat is positioning itself as a multi-sector investment destination, using platforms like GIFT City and Dholera to draw global interest in AI, financial services and GCCs, while keeping large-scale manufacturing at the core of its growth strategy.

JSW Energy Q3 net profit more than doubles on higher power generation, margins rise sharply

JSW Energy delivered a strong Q3 FY26 performance with net profit rising 2.5-fold year-on-year, supported by sharp growth in revenue, EBITDA, and margins. Higher power generation across renewable and thermal assets, capacity additions over the past year, and contributions from acquired assets drove the results.

NTPC to take full control of PTC India as other promoters step back and top boss role gets split

NTPC becomes sole promoter of PTC India Ltd as PFC, POWERGRID, and NHPC withdraw nominee directors and promoter rights under Ministry of Power directive. CMD roles at PTC are split.

SEBI clears IPOs of Infra.Market, Purple Style Labs

Hella Infra Market Ltd., the parent of Infra.Market, and Purple Style Labs Ltd. have received approval from the Securities and Exchange Board of India to proceed with their IPOs, according to regulatory filings.

Govt allots 30 GHz radio frequency for V2V safety tech: Nitin Gadkari

Gadkari said the Department of Telecommunications has allocated 30 GHz of spectrum for V2V communication

Indian Unicorn Tracker: Funding, Investors, Revenue And More

The year 2026 has kicked off on a high note for India’s startup ecosystem, with Juspay becoming the first unicorn…

[Weekly funding roundup Jan 17-23] Capital inflow maintains upward trend

January continues to see higher inflow of venture capital funding into Indian startups with the key reason being the larger volume of deals.

Amazon layoffs: Which departments will get affected as e-commerce giant cuts jobs?

Amazon plans another round of job cuts next week as part of its goal to trim 30,000 positions. This follows a previous reduction of 14,000 roles in October. Here are the departments that will be impacted by the move. 

Syngene cuts guidance as key product loss weighs on growth

Continued inventory correction for Syngene’s largest commercial biologics product drags earnings for a second straight quarter.

Startup news and updates: Daily roundup (January 23, 2026)

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Friday, January 23, 2026.

How Gully Labs Is Luring Indian Sneakerheads With Desi Designs

If the shoe fits, wear it. But if it doesn’t, don’t squeeze into it. And that’s what the founder of…

Urban Company’s losses widen in Q3 over InstaHelp investment

Urban Company Ltd reported revenue of ₹382.68 crore, a 32.91% increase from the same period last year, and a net loss of ₹21.16 crore against a net profit of ₹231.84 crore in the same quarter last year.

Why India has only two major airlines: A case study

India’s aviation market looks competitive, but over 90% of domestic travel is controlled by two airline groups. Here’s why consolidation keeps winning.

In Moradabad, a yoga practitioner turns years of learning into a small studio

Swati Verma runs Shivoham Yogshala in Moradabad district, a small yoga studio she set up after nearly a decade of personal practice.

Zoho unveils made-in-India ERP platform

Zoho’s ERP platform will see part of its product development and other activities driven out of Kumbakonam, a town located about 300 kms from the company’s headquarters.

IndusInd Bank appoints ex-SBI MD Arijit Basu as chairman after Sunil Mehta steps down

The exit of Sunil Mehta is the latest senior leadership change at IndusInd Bank, which clocked its largest quarterly loss in FY25 due to a $230-million scandal.