News Digest
Jobs, funding, startups & career opportunities - updated every 30 minutes
ITC Hotels Q3 net profit rises 9.6% to ₹237 crore
During the quarter under review, ITC Hotel's revenue from operations stood at ₹1,230.68 crore compared to ₹1,015.40 crore, a regulatory filing showed
AI, digital economy and resilient consumers are powering 2026 growth despite tariffs and geopolitical risks: Mastercard CEO
Mastercard CEO Michael Miebach highlights how AI, digital innovation, and digitally empowered consumers are keeping global growth robust in 2026, despite trade tensions and geopolitical uncertainties. Cross-border spending, resilient supply chains, and early holiday shopping indicate a consumer-savvy economy ready for expansion.
Davos 2026 | Saint-Gobain to accelerate capex, acquisitions in India; positions country as key export hub
Saint-Gobain plans to significantly scale up investments and acquisitions in India while transforming the country into a regional export hub for building materials, as strong infrastructure demand and manufacturing capabilities make India central to the group’s global growth strategy.
Davos 2026 | Industrial automation at a turning point as AI, sustainability and India converge: Schneider Electric CEO
As companies push beyond pilot projects, Schneider Electric says India’s water, steel and infrastructure sectors are emerging as key beneficiaries of AI-led industrial automation, with sustainability, electrification and cost efficiency increasingly driving investment decisions.
BCCI inks ₹270-crore sponsorship deal with Google's Gemini ahead of 2026 IPL
The BCCI has signed a ₹270-crore sponsorship deal with Google's AI platform Gemini for the 2026 IPL. Here's what we know so far.
Exclusive | ReNew revives US delisting plan; CEO Sumant Sinha flags challenges of staying listed
ReNew Energy Global may delist from NASDAQ as CPPIB and ADIA revive the take-private plan, aiming for an India listing; Masdar exited the consortium, impacting the earlier deal.
Muthoot Microfin approves ₹200 crore secured NCD issuance, cancels ₹150 crore second tranche
Muthoot Microfin approved the issuance of secured, rated, listed, redeemable NCDs aggregating up to ₹200 crore on a private placement basis, with multiple series offering tenures of 24 to 36 months and coupons ranging from 9.70% to 9.95% per annum, payable monthly, and proposed to be listed on BSE.
Davos 2026 | Markets shrug off geopolitics as AI, data centres and power grids fuel a new growth cycle: Blackstone CEO
Stephen Schwarzman says global investors are prioritising artificial intelligence-led growth and infrastructure spending over unresolved geopolitical risks, as massive investments in data centres and power grids reshape economic momentum in the US and beyond.
Indian AI startup Emergent raises $70 million from Khosla Ventures and SoftBank Vision Fund
Emergent, the fast-growing AI software creation platform that helps anyone build full-stack, production-ready web and mobile applications, announced it has raised $70 million in a Series B funding round from Khosla Ventures and SoftBank Vision Fund 2. The round also saw participation from Prosus, Lightspeed, Together, and Y Combinator. In total, Emergent has now raised $100 million within seven months of launch. The startup will use the latest funds to fuel continued team expansion, accelerate product development, and enter into new markets, as demand for AI-powered software creation surges among entrepreneurs and small businesses globally. It claims to have scaled to $50 million in annual recurring revenue (ARR) in just seven months and is on track to surpass $100 million ARR by April 2026. Prior to the latest round, Emergent raised strategic investment from Google's AI Futures Fund in December last year. “Software creation is undergoing a structural shift,” said Mukund Jha, co-fou...
Eat App wants a bite of India’s restaurant reservation business with an acquisition and Swiggy partnership
Eat App is making India its central focus to market its reservation and dine-in growth suite.
Sony’s TV spin-off: Can TCL sustain a venerable Bravia legacy?
Sony and TCL hope to leverage technology and manufacturing strengths, as a collective front amidst the competitive home entertainment device market.
RMZ, Andhra Pradesh Govt ink strategic pact to enable up to $10 billion in investments
RMZ commits $10 billion to Andhra Pradesh for mixed-use, digital, industrial, and logistics infrastructure over five to six years. Plans include a 10 million sq ft IT park and a 1 GW data centre in Visakhapatnam, plus a 1,000-acre industrial park in Rayalaseema, aiming to boost employment and technology-led growth.
IndiGo to continue 10% flight cuts till March-end
Revised pilot norms, DGCA scrutiny to determine restoration of full schedule
Lodha Developers to invest additional ₹1 lakh crore in data centre park in Maharashtra
With the total investment of ₹1.3 lakh crore in an approximately 2.5 gigawatt data centre park, it is slated to be the largest in the country, the company said
OpenAI concludes AI Jam sessions to drive AI adoption in social sector
OpenAI concludes AI Jam sessions to drive AI adoption in social sector
RBI approves Pine Labs subsidiary Setu to acquire 100% stake in Agya Technologies
Fintech firm Pine Labs is moving to fully consolidate its ownership of RBI-licensed account aggregator Agya Technologies, following regulatory approval from the Reserve Bank of India for its fintech infrastructure arm, Setu, to acquire the remaining stake in the company. In a regulatory filing, Pine Labs said the RBI has approved BrokenTusk Technologies Private Limited, which operates under the Setu brand, to increase its shareholding in Agya Technologies Private Limited to 100%. Agya Technologies currently operates as an associate company of Setu and holds an authorisation from the RBI to function as a Non-Banking Financial Company – Account Aggregator (NBFC-AA), a regulated entity within India’s financial data-sharing framework. Pine Labs already holds around a 25% stake in Agya Technologies. With the latest approval in place, Setu plans to acquire the balance equity in the near term. The company said the transaction may be completed in one or more tranches, in line with regulator...
AI Agents ‘Perilous’ for Secure Apps Such as Signal, Whittaker Says
Artificial intelligence agents that autonomously carry out tasks pose a threat to secure apps such as Signal, according to Meredith Whittaker, president of the Signal Foundation.
India’s UPI payments giant PhonePe gets SEBI nod for IPO, eyes $15 billion valuation
India's UPI payments giant PhonePe has reportedly received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO), according to media reports. The Bengaluru-based company had pre-filed its DRHP through the confidential route in September last year. With SEBI approval now in place, PhonePe is expected to move closer to launching the issue, although the final timing will depend on secondary market conditions, which remain volatile. PhonePe is reported to be targeting a fundraise of up to Rs 12,000 crore, or around $1.32 billion, though the final size could change closer to the listing. The public issue is expected to be structured largely as an offer for sale (OFS), with existing shareholders, including Walmart, Tiger Global and Microsoft, offering a portion of their holdings. The IPO could value the company at around $15 billion. The proposed listing comes after a series of funding transactions over the past two years. PhoneP...
India Doubles Its Appeal For Global CEOs As Investment Destination: PwC
India emerges as a top global investment destination in PwC's 29th Global CEO Survey, with 13 percent of CEOs choosing India, driven by its market scale, digital infrastructure.
Workload pressures intensify as employee experience shows signs of strain
Workload stress is emerging as a growing fault line in employee experience, with a significant share of workers struggling to keep up with what their roles demand. A new global report highlights that only about two-thirds of employees feel their workload is manageable, pointing to rising pressure across organisations despite continued investments in technology and [...] The post Workload pressures intensify as employee experience shows signs of strain appeared first on HR Katha .
Skoda Auto India plans 10 product introductions in 2026
Strong sales growth in 2025, expansion in market reach and upgrades to key models underpin the company’s roadmap
Budget 2026: FinMin shares status of key direct tax reforms for investors, startups and aam aadmi
India's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include clarified taxation for Alternative Investment Funds, extended startup tax holidays, and incentives for electronics manufacturing. Individual savers benefit from enhanced National Savings Scheme and NPS Vatsalya provisions, alongside property tax relief.