Jio Financial Services Q3: Profit Falls 9% YoY To INR 269 Cr
Fintech major Jio Financial Services’ (JFS) net profit for the quarter ended December 31, 2025 (Q3 FY26) declined 9% to…
Industry Trends
Ratings and Reviews Blocked for Three More Telugu Films on BookMyShow
Ratings for three more Telugu films have been blocked on BookMyShow following a Bengaluru civil court order. The move expands earlier restrictions placed on Sankranti releases. The post Ratings and Reviews Blocked for Three More Telugu Films on BookMyShow appeared first on MEDIANAMA.
SC Rules Against Tiger Global In Flipkart Capital Gains Case
In a major setback for US-based Tiger Global, the Supreme Court has ruled against the investment firm in the tax…
Startup Funding
Supreme Court deals blow to Tiger Global: Flipkart exit gains taxable in India, ₹14,500 crore at stake
The apex court’s ruling overturns relief earlier granted to the global investor and strengthens the tax department’s hand against treaty shopping, potentially impacting a wide swathe of foreign funds that routed Indian investments through Mauritius and are now planning exits.
Industry Trends
NFRA tightens the screws on auditor–board communication: What it means for CAs and regulators
NFRA’s circular demands stronger, documented auditor-board communication, redefining accountability in India’s audit ecosystem and raising compliance risks for chartered accountants and boards.
Industry Trends
Lava Blaze Duo 3 Confirmed to Launch in India Soon; Key Specifications Revealed via Amazon Listing
Lava Blaze Duo 3 is confirmed to launch in India soon. Lava through X has posted the teaser of the new Blaze series smartphone, showcasing its design. It has a 50-megapixel rear camera unit and a rear display. Additionally, Amazon has listed the phone on its website, confirming the specifications. The Lava Blaze Duo 3 has a 6.6-inch main display and a 1.6-inch rear screen. It runs on a MediaTek Dimensity 7060 chipset.
Industry Trends
Resident Evil Village, Like a Dragon: Infinite Wealth and More Join PS Plus Game Catalogue in January
The PS Plus Game Catalogue lineup for January has been revealed. Just as the leak had claimed, Game Catalogue is starting 2026 strong with Resident Evil Village and Like a Dragon: Infinite Wealth. Other games joining the service include vehicle sim Expeditions: A MudRunner Game, survival horror title A Quiet Place: The Road Ahead, roguelike RPG Darkest Dungeon II, walking sim The Exit 8, racing title Art of Rally, and puzzle title A Little to the Left.
Industry Trends
Nothing Confirms Bengaluru as Location for India’s First Flagship Store; Set to be Second in the World
Nothing has confirmed that its first flagship store in India will be inaugurated soon in Karnataka's Bengaluru. The UK-based smartphone maker also highlighted that the store will allow customers to explore the design of the products, while also providing an in-hand experience. This will help customers decide whether they wish to purchase the Nothing smartphone, smartwatch, TWS, or other products. This comes soon after the company teased that its first store in India will open soon.
Startup Funding
US-Based Investment Management Firm Set To Acquire 23% Stake In Groww AMC For Rs 580 Crore
US-based State Street Global Advisors is set to acquire a 23% stake in Groww AMC for Rs 580 crore, as per a regulatory filing from Groww. The post US-Based Investment Management Firm Set To Acquire 23% Stake In Groww AMC For Rs 580 Crore appeared first on MEDIANAMA.
Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case
Tiger Global's $1.6-billion stake sale at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, Supreme Court says.
Industry Trends
CCPA Fines Flipkart, Probes Meta Over Illegal Walkie-Talkies Sale
In both cases, walkie-talkies were sold without proper frequency disclosure despite an earlier crackdown on platforms like JioMart and new guidelines for sales in June 2025. The post CCPA Fines Flipkart, Probes Meta Over Illegal Walkie-Talkies Sale appeared first on MEDIANAMA.
Startup Funding
Lumio Vision 7, Vision 9 Smart TVs Go on Sale on Flipkart With Republic Day Offers
Lumio has expanded its retail presence in India by listing its Lumio Vision smart TVs on Flipkart during the Republic Day Sale. The Vision 7 and Vision 9 4K TV lineup, previously available on Amazon, is offered in multiple screen sizes with limited-period discounts on Flipkart. Sale prices start at Rs. 21,999 for the Vision 7 series and go up to Rs. 47,999 for the Vision 9 model. The TVs feature QLED and Mini-LED panels, Dolby Vision and Atmos support, and integrated smart connectivity features.