News Digest
Jobs, funding, startups & career opportunities - updated every 30 minutes
[Weekly funding roundup Jan 10-16] Sharp rise in VC inflow into Indian startups
Venture capital funding into Indian startups saw a revival with the presence of a few reasonably sized transactions
US markets today: Wall Street opens higher near record levels; earnings momentum, oil rebound lift sentiment
US stocks edged higher, nearing record levels as the first week of quarterly earnings season concluded. Selective bank results, including a jump in PNC Financial Services, and a rebound in oil prices supported market sentiment. Investors now anticipate technology and AI-linked company earnings for further direction.
India's startup count rises to 2 lakh; Gujarat tops state ranking
Speaking at the Startup India event, Commerce and Industry Minister Piyush Goyal highlighted the ecosystem's growth from 400 startups in 2016 to over 2 lakh DPIIT-registered startups generating an estimated 21 lakh jobs.
Wipro ADRs fall 6% as Q3 profit declines, deal activity goes down
Wipro's US-listed ADRs dropped nearly 6% following its December-quarter results, as investors reacted to a 7% year-on-year decline in net profit. Despite improving margins and strong cash generation, subdued deal momentum and cautious client spending in developed markets impacted the IT services firm's performance.
Beyond Opulence: Purpose-driven luxury in modern India
Kotak Private Luxury Index 2025 reveals India’s wealthy now value wellness, experiential travel, and purposeful living over mere possessions, with luxury spending up 6.7 percent annually since 2022.
Reliance Industries steps up new energy push; solar, battery giga factories on track
Reliance Industries ramps up its new energy ambitions, advancing large-scale solar, battery and renewable power projects as it moves from planning to execution.
Wipro Q3 net declines by 7% to ₹3,119 crore
Demand outlook pipeline is very strong while discretionary spend is something we are watching: Srini Pallia
US stocks rise higher as chipmakers jump at end of choppy week
Indian markets saw a positive start to the trading week. Chipmakers are driving gains, boosting investor confidence in AI-driven demand. Financials faced pressure due to interest rate concerns. Defensive sectors like consumer staples and utilities are also performing well. Investors are closely watching upcoming earnings reports from major companies.
Kohler growing at double the market rate in India, sees no signs of saturation
In an interaction with CNBC-TV18, Chris Ball, President, Kitchen and Bath, spoke about Kohler's openness to mergers and acquisitions in India, its strong balance sheet following the divestment of its energy business, and why being privately owned gives the company a structural edge.
ISMA suggests measures to promote biofuel
Freshworks’ AI Reinvention: SaaS Giant Enters New Era With AI-First Playbook
Few companies rode the SaaS wave as diligently as Freshworks which became the first and only such company from India…
SC backs taxman in Flipkart deal: ₹967 crore Tiger Global withholding turns into final demand
The Supreme Court has upheld the tax department’s stand in the Flipkart-Walmart deal, turning ₹967 crore withheld from Tiger Global’s exit into a confirmed tax demand.
Delhi HC rejects Natasha Oberoi’s plea to arbitrate family feud over PRS Oberoi estate
Disputes involving Wills, inheritance, and family succession cannot be decided by private arbitrators and must be settled by civil courts, rules Delhi high court.
RIL Q3 results: Reliance Industries’ net profit rises 0.56% to Rs 18,645 crore; revenue rises 11% as Jio, O2C drive performance
Reliance Industries reported stable earnings for the December quarter, with a marginal profit increase to Rs 18,645 crore on 11% revenue growth to Rs 2.69 lakh crore. Strong performance in Jio and O2C segments drove EBITDA up 6%.
Central Bank Q3 net rises 32% to ₹1,263 crore
Honor Magic 8 Pro Air Key Features Confirmed; Company Teases External Lens for Honor Magic 8 RSR Porsche Design
Honor Magic 8 RSR Porsche Design and Magic 8 Pro Air are set to go official next week. While we wait for the formal reveal, the Chinese tech brand has confirmed the battery capacity of the Magic 8 Pro Air. The Honor Magic 8 RSR Porsche Design is confirmed to come with an additional photography kit with a telephoto extender. The Honor Magic 8 Pro Air is confirmed to come in four colour options. It is expected to run on the MediaTek Dimensity 9500 chipset.
Thunder on wheels: Coca-Cola expands last-mile reach with micromobility
This direct-to-store delivery, using small vehicles like bikes, and electric vans, helps the company expand last-mile reach, cut reliance on middlemen or traditional wholesale channels, and gain tighter control over costs and profitability.
Reliance Retail Q3 Results: Profit rises 3% YoY to Rs 3,551 crore; revenue up 9%
Reliance Retail Q3 Results: Reliance Retail reported a 2.7% YoY rise in Q3 profit to Rs 3,551 crore and 9.2% revenue growth. EBITDA increased 1.3% to Rs 6,915 crore, though margins softened. Store additions, strong festive demand across categories, rapid JioMart growth and steady fashion, lifestyle and electronics performance drove the quarter.
What is China's ‘Are you dead’ app and why is it going viral? Here's how the platform works
A new app in China, designed to check on people living alone, has gone viral. Originally named Sileme, which translates to ‘Are you dead’ in Chinese, it will be rebranded as Demumu for a global audience. Details here. 
Reliance clocks flat profit in Q3 as weak O2C revenue offsets gains in Jio
RIL Q3 Results 2025-26: Net profit rose 0.56% YoY to ₹18,645 crore on revenue that increased 10.51% YoY to ₹2,69,496 crore.
IndiGo's Mumbai-Krabi flight delayed over 3 hours, chaos onboard
The airline cited multiple reasons behind the delay in takeoff and said two passengers behaved "inappropriately", while fliers, who had boarded the flight, alleged that there was no communication to them from the airline
Govt blocks 242 illegal betting and gambling links, over 7800 so far
MEITY blocked 242 illegal betting and gambling website links, acting under the Online Gaming Act passed in August 2025, aiming to protect users and curb financial and social harm.
Jio Platforms Q3 profit rises 11% as higher-value users drive growth
Jio Platforms, which houses Reliance Industries Ltd’s telecom and digital services business, reported a 3.4% sequential and 11.2% year-on-year growth in net profit to ₹7,629 crore during the quarter.