News Digest

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Wipro Q3 Results: Revenue up 3.8% even as profitability takes a hit

Wipro Q3 Results: Consolidated revenue rose 3.8% QoQ to ₹23,556 crore even as EBIT fell 5.1% QoQ to ₹3,491 crore.

SC ruling on Tiger Global shifts tax lens from documents to investment legitimacy

In a landmark ruling on Thursday, the Supreme Court of India ruled that Tiger Global is liable to pay capital gains tax on its 2018 exit from Flipkart. YourStory breaks down what it means and how it can impact past investments made from tax friendly jurisdictions.

Startup Funding

AI Video Startup Higgsfield Raises $130 Mn in Series A, Reports $200 Mn ARR

The new funding aims to improve its API and support global expansion in the advertising and marketing sectors. The post AI Video Startup Higgsfield Raises $130 Mn in Series A, Reports $200 Mn ARR appeared first on Analytics India Magazine.

Industry Trends

Wipro Q3 Results: Profit falls 7% YoY to Rs 3,119 crore; co declares dividend of Rs 6 per share

Wipro’s Q3 results showed mixed performance, with net profit down 7% YoY to Rs 3,119 crore even as revenue rose 6%. Margins improved to 17.6%, cash flows strengthened, and attrition fell, but deal bookings remained weak. The company guided for flat to 2% sequential IT services growth.

Salary / Compensation

Multibagger small-cap stock Silver Touch Technologies declares 1:5 stock split, 1:1 bonus issue

Silver Touch Technologies has announced a 1:5 stock split and a 1:1 bonus issue, subject to shareholder approval. The move follows a strong rally, aiming to improve liquidity and affordability without altering shareholder value.

Unemployment rate at 4.8% in December

Labour Force Participation Rate (LFPR) in the economy was 42.5% in December 2025, the highest in nine months. LFPR was 42.3% in November

Industry Trends

India Becomes World’s Second Largest 5G Base with 400M+ Users, Says Union Minister Jyotiraditya Scindia

India’s 5G ecosystem has hit a significant milestone with its subscriber base crossing 400 million 5G connections, according to Jyotiraditya Scindia, Union Minister of Communications and Development of North Eastern Region. The country is now the world’s second-largest subscriber base, following China, which has over one billion 5G users. India is closely followed by the US (350 million), the EU (250 million), and Japan (190 million).

Industry Trends

Average US long-term mortgage rate hits the lowest point in more than 3 years

The Fed doesn't set mortgage rates, but when it cuts its short-term rate that can signal lower inflation or slower economic growth ahead, which can drive investors to buy U.S. government bonds

Industry Trends

Amazon Great Republic Day Sale: Top Deals on Smartphones Under Rs. 50,000, Including Google Pixel 9a, OnePlus 15R

Amazon Great Republic Day Sale 2026, which went live earlier today, is offering discounts on various electronics, including smartphones, aptops, TVs, cameras, wireless speakers, truly wireless stereo (TWS) headsets, wearables, and smart home appliances. Phones under Rs. 50,000 from brands like, Samsung, OnePlus, Google, Pixel, iQOO, Realme, and Vivo, can be purchased from the e-commerce platform at instant discounts of 12.5 percent and 10 percent, depending on whether you have a Prime membership or not.

Industry Trends

Global bond index snub raises odds of RBI adding to record India debt buying, investors say

The unexpected deferral raises the probability of one more round of liquidity injection by the Reserve Bank of India in the current quarter, said Abhishek Upadhyay, senior economist at ICICI ​Securities Primary Dealership.

Industry Trends

Federal Bank Q3 Results: Profit rises 9% YoY to Rs 1,041 crore

Federal Bank announced a significant rise in its third-quarter net profit, reaching Rs 1,041 crore. This marks an improvement from the previous year's earnings. The bank's total income also saw an increase. Asset quality metrics showed positive movement with a reduction in gross and net non-performing assets.

Startup Funding

Sebi proposes introducing trade netting for large foreign investors

The ‍Securities and Exchange Board of ‌India has sought the changes "in order to enhance operational efficiency and ‍reduce cost of funding" for ‍foreign ⁠portfolio ⁠investors, it said in a consultation paper.

National startup day: PM Modi lauds innovation as Startup India Turns 10

Prime Minister Narendra Modi celebrated National Startup Day marking 10 years of Startup India initiative, praising youth entrepreneurs for driving innovation and building an Aatmanirbhar Bharat through ventures in space, defense, and emerging sectors.

Industry Trends

Central Bank of India Q3 Results: Profit jumps 32% YoY to Rs 1,263 crore as bad loans dip

Total income increased to Rs 10,969 crore during the quarter under review against Rs 9,739 crore in the same period of last year, Central Bank of India said in a regulatory filing.

Google launches Market Access Program

Alongside the programme, Google announced two new additions to its open-source Gemma model family. One of them, MedGemma 1.5 and FunctionGemma

Industry Trends

Leela Palaces Hotels & Resorts Q3 Results: Consolidated net profit more than doubles to Rs 148 crore

Leela Palaces Hotels & Resorts announced a significant profit increase for the third quarter. Net profit rose to Rs 147.88 crore from Rs 56.40 crore a year ago. Revenue from operations also saw a strong jump. The company noted an impact from new Labour Codes. This performance highlights the brand's luxury positioning and pricing power.

Industry Trends

RCB to Collaborate with Staqu for AI-Enabled Crowd Management at Chinnaswamy Stadium

The ₹4.5 crore proposal includes installing 300–350 AI-enabled cameras at the Stadium. The post RCB to Collaborate with Staqu for AI-Enabled Crowd Management at Chinnaswamy Stadium appeared first on Analytics India Magazine.

India's tech leaders debate the real challenge with AI: It's brilliant at solving problems but terrible at asking them

At an Oracle roundtable during TechSparks 2025, CTOs and tech leaders moved beyond the AI hype to confront harder truths about data privacy, error tolerance, and the need to look beyond immediate gains.

What’s Keeping VCs From Backing India’s Homegrown Semiconductor Ambitions?

On this day a decade ago, Prime Minister Narendra Modi launched the Startup India initiative to nurture innovation, promote entrepreneurship,…

Pitch deck playbook: How to create a pitch that gets funded

Learn how Indian VCs evaluate pitch decks, the exact structure they expect, and the common mistakes founders must avoid to improve their chances of funding.

How Arya.ag Cracked The Agri Credit Model When Banks Couldn’t

Dr Verghese Kurien once averred that India’s economic rise would not come from capital alone, but from a blend of…

Industry Trends

Travel Food Services CEO says third quarter was the busiest despite December hiccups

Travel Food Services CEO Varun Kapur said air travel in India rebounded in the third quarter with low to mid single-digit passenger growth, despite short disruptions in December. The company has started operations at the new Navi Mumbai airport, which is expected to become a meaningful revenue contributor from FY27. Kapur also said the firm is expanding outlets across major airports and that spending per passenger continues to rise.

Brokerage blues: Top 10 players shed over 10% active users in 2025

India’s revived initial public offering market is emerging as a key engagement driver for, India's largest brokerage, Groww as it it breaks free from a broader market slowdown. In 2025 11%