News Digest
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Putting Grok back in the bottle? Decoding how X claims it is taming misbehaving AI
X’s sudden effort to civilise Grok is less about ethical enlightenment, but more like a belated damage limitation exercise
'Poor planning': Nithin Kamath questions stock market closure during BMC polls; flags 'serious lack of appreciation'
Zerodha founder Nithin Kamath criticized the closure of Indian stock exchanges on January 15 for Mumbai's municipal elections, citing poor planning and a lack of appreciation for second-order effects. He argued that such a holiday, driven by local civic polls, undermines global investor confidence. Trading is set to resume on January 16 after the election-related holiday.
Apple M5 Pro and M5 Max MacBook Pro Could Reportedly Launch on January 28
Apple may launch new high-end MacBook Pro models powered by the M5 Pro and M5 Max chips on January 28, according to a speculative report. The date coincides with the debut of Apple’s Creator Suite subscription, which targets the same professional audience. While Apple has not confirmed the launch, the timing aligns with its past hardware release patterns. The update is expected to fill gaps left after the October 2025 launch of the base M5-powered 14-inch MacBook Pro.
NBFCs set for strongest earnings in nine quarters. 10 stock picks from Motilal Oswal ahead of Q3 results
NBFCs are set for their strongest earnings in nine quarters, with Motilal Oswal expecting robust Q3 growth led by steady AUM momentum, margin gains and controlled credit costs.
Snabbit absorbs Pync as funding and traction builds up in the quick services industry
Quick-service player Snabbit has acquired smaller rival Pync, absorbing its founders and a 20-member team. The move signals sector consolidation as Snabbit valued at $180M valuation bolsters operations in a steadily growing market.
KKR closes $2.5 billion Asia-Pacific credit fund, deploys more than half across 10 deals
The global investment firm’s second performing credit fund targets senior lending, capital solutions, and collateral-backed opportunities amid a booming private credit market in Asia.
Oil prices drop 3% after Trump comments on Iran
Donald Trump says he had been told the killings of protesters in Iran had been halted
Military surveillance–the new lucrative front for India’s space startups
Startups, including Pixxel and Digantara, target at least half of their business by launching satellites for defence forces in India and overseas. Experts say private startups can't simply piggyback Isro, and they will have to prove their products in space
KKR raises $2.5 billion for Asia Pacific private credit bets
The raise comprises $1.8 billion for KKR Asia Credit Opportunities Fund II and $700 million from separately managed accounts pursuing a similar strategy. At final close, the fund is the largest pan-regional performing private credit fund in Asia Pacific, KKR said on Wednesday.
Quick Home Services Startup Pync Shuts Down, Founders Join Snabbit
Amid intensifying competition in the quick home services segment, Accel-backed startup Pync has shut operations. Pync’s three cofounders – Harsh…
Bank holiday today: Are banks closed on January 15 for Uttarayana, Pongal, Makara Sankranti & BMC elections — check list
Banks across several Indian states are closed today, January 15, 2026, for various regional festivals and local elections. Residents in Maharashtra, Karnataka, Tamil Nadu, Sikkim, Telangana, Uttar Pradesh, and Andhra Pradesh should note these closures. Plan your banking needs accordingly, as many branches will remain shut for upcoming holidays throughout January.
Gemini Gets Personal Intelligence, Can Connect to Google Apps to Provide Personalised Answers
Google introduced a new feature in Gemini, its artificial intelligence (AI) chatbot, that solves two key problems. Memory and context are crucial for anyone who invests in a conversation with the AI or has a long-term project going on. Gemini, like any other chatbot, suffers from hallucination and forgetfulness in a chat window that goes on for too long.
Oil price today: Rates slide 3% after Trump’s Iran remarks; here’s how much Brent and West Texas Intermediate crude cost
Global oil markets experienced a sharp sell-off as US President Donald Trump's remarks eased concerns over potential supply disruptions from Iran. Trump stated he was informed that the killing of protesters in Iran had halted, leading to a significant drop in West Texas Intermediate and Brent crude prices.
Why India’s Smartphone Security Push Is Ringing Alarm Bells
Over a month ago, the Indian government mandated that every new phone sold in the country would come preloaded with…
Budget 2026: Industry flags customs litigation, compliance bottlenecks as key pain points
Despite broader government pushes under the Digital India programme, customs adjudication and litigation remain heavily paper-driven. Businesses are still required to file physical replies to show cause notices.
Exclusive: Emirates Capital Dubai to appoint veteran banker Alok Malpani as CEO of Indian arm
Alok Malpani is a veteran deal maker with more than three decades of experience. He has led over 150 transactions — having worked across India, Europe, the Middle East — worth $100 billion, spanning IPOs, QIPs, M&A, LBOs and structural financing.
Infy under US DoJ lens over H-1B classification
Infosys is under US Department of Justice investigation for alleged H-1B visa misclassification. The company is cooperating with the probe, which could materially impact its business. This follows previous settlements regarding visa fraud and worker compensation issues in the US.
Groww’s Q3 Snapshot, Pee Safe Bags $32 Mn & More
Groww’s Bottom Line Fades In Q3 Groww delivered a volatile yet resilient performance in the third quarter of the ongoing…
Wired Wisdom: Dell’s AI facts, analysing Philips’ impressive CX3013 OFR, & China’s car mandate
The Philips Oil Filled Radiator CX3013/01 takes a rather simple approach to the proposition, which itself is rare in this age.
Infosys revenue up 3.2% in Q3, raises FY26 guidance on large deal wins
Infosys shares surged on the NYSE after reporting stronger-than-expected December quarter sales, driven by significant large deal wins and an upgraded revenue growth forecast for FY26. The IT giant's performance outpaced TCS, with sequential revenue growth of 0.5% in dollar terms and a revised FY26 guidance of 3%-3.5%.
Metals dearer: Silver soars to Rs 3L/kg, gold nears Rs 1.5L/10gm
Global metal prices are surging due to geopolitical tensions, potential US rate cuts, and strong demand from sectors like EVs and solar. Silver and gold have hit record highs internationally and domestically, with copper and tin also seeing all-time peaks. Supply constraints in base metals further fuel the rally.
Unacademy to transition to franchise model; Groww reports Q3 profit of Rs 547 Cr
Speaking of South Korean sensations, K-pop band BTS is back! The K-pop group will start on its 2026-27 world tour in April, after nearly four-year hiatus due to all seven members needing to complete the country’s mandatory military service.
US tariffs no bar: China’s trade surplus hits $1.2 trillion
China's exports surged to a record $1.2 trillion trade surplus in 2025, defying expectations of a slowdown. This resilience, driven by deeper inroads into markets beyond the US and a shift up the value chain, is expected to continue supporting the economy despite weaker domestic demand and ongoing trade tensions.
Volatile Street: Startups rein in IPO valuation targets
Logistics firm Shadowfax has lowered its IPO valuation to Rs 7,169 crore, down from over Rs 8,000 crore, to attract more investors amidst market volatility. This move follows Amagi Media Labs' valuation cut. Despite the repricing, Shadowfax's implied valuation remains higher than its last private valuation, reflecting a cautious market sentiment.