News Digest
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RBI proposes linking BRICS' digital currencies, sources say
Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank digital currencies (CBDCs) be included on the agenda for the 2026 BRICS summit
AI became democratic, its future to be written in big cities and small places: Nasscom director
AI became democratic, its future to be written in big cities and small places: Nasscom director
Tata Capital Q3 Results: PAT jumps 17% YoY to Rs 1,257 crore, total revenue up 12%
Tata Capital posted strong Q3FY26 results with a 17% YoY rise in net profit and 12% revenue growth. AUM expanded sharply, costs moderated, and retail-SME lending remained the key driver, highlighting robust operational and financial performance.
Microsoft quietly winds down employee access to news and library resources
After reducing its workforce by roughly 15,000 roles last year, Microsoft has introduced another understated but significant change. Many office-based employees no longer have access to internal library services or paid business and technology news subscriptions, marking a noticeable shift in how the company supports learning and research at work. The move began quietly late [...] The post Microsoft quietly winds down employee access to news and library resources appeared first on HR Katha .
Maruti Suzuki to invest Rs 35,000 crore to develop a new manufacturing plant in Khoraj, Gujarat
Maruti Suzuki India Limited will invest Rs 35,000 crore to set up a new vehicle manufacturing plant at Khoraj, near Gandhinagar, strengthening Gujarat’s position as one of India’s most important automobile manufacturing hubs. The proposed facility will be developed on 1,750 acres of land allotted by the Gujarat Industrial Development Corporation. The investment letter handover ceremony was held in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel and Maruti Suzuki India Limited Managing Director Hisashi Takeuchi. Deputy Chief Minister Harsh Sanghavi and senior executives from Maruti Suzuki were also present. According to the Gujarat government, the Khoraj project will comprise four manufacturing units, each with an annual production capacity of 2.5 lakh vehicles, taking the total planned capacity to 10 lakh cars per year. Production at the first unit is scheduled to commence from the financial year 2029. The board of Maruti Suzuki India Limited approved the inves...
Homegrown sneaker brand Gully Labs raises ₹30 cr Series A led by Saama Capital
Gully Labs raised ₹30 crore in Series A led by Saama Capital, with Zeropearl VC and top founders joining. The brand aims for ₹100 crore revenue by FY 2026–27, expanding in India, US, and UK.
5 Books that help you reflect, not just chase success
Discover five powerful books that encourage deep reflection, self-awareness, and inner growth—going beyond ambition, hustle, and surface-level success.
Beer-focused fund Optmistic Capital makes maiden investment in 33&Brew
The fund, which has a target corpus of Rs 200 crore, has deployed Rs 30 crore across initial commitments, with the remaining amount earmarked for the next three years.
Budget 2026: From gaming to streaming, M&E sector urges government for tax relief, infrastructure push
From esports recognition to GST relief on streaming, the media and entertainment sector wants Budget 2026–27 to shift policy from regulation to growth enablement, and urges the government to look at content, IP, and creative platforms as export-driven growth engines.
Can Indians build premium brands that work abroad? Nikhil Kamath says…
Zerodha co-founder and billionaire Nikhil Kamath celebrated the success of Indian brands such as Superyou and Nappa Dori internationally, for making a name for themselves in the premium space. Here's what he said.
Shark Tank India-featured defense dronetech startup insideFPV raises Rs 6 crore in funding
Venture capital firm GVFL has led a Rs 6 crore pre-Series A funding round in insideFPV, an Gujarat-based defence drone technology startup focused on building indigenous, battlefield-ready unmanned systems for India’s armed forces. The Shark Tank India-featured startup will use the funding for product development, engineering capability building and scaling manufacturing readiness for defence-grade drone platforms. A portion of the capital will also be deployed towards testing and validation, expanding manufacturing capacity, working capital requirements, and strengthening deployment support, including operator training, spares and rapid repair capabilities. Founded in 2020 by Arth Chowdhary, Deyvant Bhardwaj and Oshi Kumari, insideFPV builds combat-ready drones designed to operate in real-world battlefield conditions and extreme environments. Its product portfolio includes FPV drones, kamikaze and surveillance systems, and interceptor drones tailored for defence applications. The st...
Davos 2026 | HCLTech’s AI revenue could surge to $2.5 billion as ‘AI factory’ and physical AI open new growth engines
HCLTech is repositioning itself at the heart of the global AI buildout, with management seeing multi-billion-dollar opportunities emerging from AI factories, physical AI and outcome-led service models. The company believes these new growth engines will not only offset any pricing pressure on legacy services but also unlock fresh discretionary spending from global enterprises over the next few years.
Deloitte plans to add 50,000 jobs in India; deepens focus on emerging cities
Deloitte is preparing for a significant expansion of its India workforce, with plans to add 50,000 new employees in the coming years. The move will take the firm’s headcount in the country well beyond its current strength of around 1,40,000, reinforcing India’s growing importance in Deloitte’s global operations. The announcement was shared by Romal Shetty, [...] The post Deloitte plans to add 50,000 jobs in India; deepens focus on emerging cities appeared first on HR Katha .
HDFC Bank begins to recapture ground it had ceded to ICICI Bank
HDFC Bank is seen as taking one more quarter to completely shrug off its merger-related hangover since 2023.
The most boring businesses in India that quietly make crores
When we think of business success in India, our imagination often jumps to flashy tech startups, glamorous consumer brands, or disruptive innovations.
The psychology behind why we buy the same thing again and again
Most purchasing decisions feel rational on the surface. We tell ourselves we chose a product because it was affordable, reliable, or convenient.
Exclusive: InsuranceDekho Raises Rs 38.57 Cr Amid Corporate Restructuring At CarDekho Group
InsuranceDekho has raised fresh funds from Goldman Sachs, TVS Capital Funds and Eytukan Holdings, documents MediaNama reviewed show. The post Exclusive: InsuranceDekho Raises Rs 38.57 Cr Amid Corporate Restructuring At CarDekho Group appeared first on MEDIANAMA .
Hong Kong billionaire Cheah Cheng Hye puts quarter of his wealth in gold
Hong Kong billionaire Cheah Cheng Hye is advocating investors build a portfolio of 60% equities, 20% bonds, and 20% precious metals, led by gold.
Union Budget FY27: 5 decisions that could shape markets, Kotak Securities says
Kotak Securities expects FY27 Budget to prioritise stability, with slower fiscal consolidation, sustained capex, limited populism and reliance on tax and RBI surplus. Higher borrowing may pressure bonds, while equities see muted announcements amid global uncertainty through the coming year.
Government should consider simplifying, rationalising tax laws in Budget to boost FDI: Experts
They also suggested that efforts should be made to reduce the cost of capital. The budget needs to signal a credible medium-term path of fiscal consolidation and debt reduction, they added.
Capital With Conditions: Indian Spacetech Startups Expected To Break New Grounds In 2026
India’s space ambitions have moved beyond government-led missions, increasingly being fuelled by private capital as investors warm up to homegrown…
From a growth-mindset to ROI by design: How Indian startups are resetting for 2026
As capital tightens and AI matures, India’s startup ecosystem is entering an era defined by capital efficiency, tangible ROIs, and deliberate growth. Kaveri India’s startup ecosystem is entering a phase of recalibration. The era of growth-at-all-costs is fading, replaced by a sharper focus on d