A business journalist delivering the latest news, updates, and industry insights from the business ecosystem. Have anything interesting to share on our site? Reach out at story@startuptalky.com
Vimeo has initiated its second round of global cutbacks in less than six months. The layoffs are done by the new owner, European technology firm Bending Spoons. These job cuts are part of the new owner's restructuring efforts following its acquisition of the video platform. Bending Spoons announced
In order to avoid the impending threat of a ban in the US, TikTok has finalised an agreement to establish a new American entity. To establish the new TikTok U.S. joint venture, the social video platform has inked deals with significant investors such as Oracle, Silver Lake, and the
Amazon plans to carry out another round of layoffs next week, with the goal of eliminating some 30,000 jobs from its corporate workforce. The layoffs are expected to be comparable in scope to the employment reductions from the previous year and could begin as early as 27 January. About
The Reserve Bank of India granted the Payment Aggregator-Physical (PA-P) licence to Razorpay POS, the company's offline payment division. Razorpay POS can now function as an offline payment aggregator for in-store transactions thanks to this licence. The fintech stated that it now possesses three significant RBI licences, which
The Union labour minister's proposal to remove the "10-minute" delivery guarantee from the branding and advertising campaigns of rapid commerce (qcom) platforms was made in good faith, according to Aadit Palicha, founder and CEO of Zepto. After meeting with Labour Minister Mansukh Mandaviya, Palicha posted on
On January 21, Ubisoft revealed a reorganisation initiative that has led to the cancellation of up to six games, studio closures, and the division of its business into five "Creative Houses". After years of development, Ubisoft has thrown Prince of Persia: The Sands of Time Remake into the
After a one-month suspension, sanctions-compliant Russian oil is expected to be delivered to India's Reliance Industries Ltd, which operates the largest refining complex in the world, in February and March. After obtaining a one-month US concession that permitted it to conclude its transactions with the sanctioned Russian oil
In an effort to establish itself as a long-term partner in the state's infrastructure-led growth goal, the Adani Group presented a $66 billion investment plan for Maharashtra on January 21. The plan covered aviation, clean energy, urban infrastructure, digital platforms, and advanced manufacturing. The company presented its plans
The Global Capability Centre (GCC) of the French global personal care company L'Oréal is anticipated to open in November of this year, according to official sources on 21 January. The beauty tech company plans to invest INR 3500 crore (350 million euros) by 2030. This will accelerate the
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and Pixxel, a planetary intelligence firm, finalised their agreement on 21 January to construct India's INR 1,200 crore national Earth Observation (EO) constellation. Under a public-private partnership (PPP) framework, Pixxel will lead a group of four Indian space
Zomato has leased more than 270,000 square feet of office space at Sector 59, Gurugram's Intellion Park, which is owned by Tata Realty and Infrastructure. The food service company will pay INR 2.33 crore in rent each month for a 278,249-square-foot chargeable space, per the
The Cupertino-based tech giant's digital payment tool, Apple Pay, is getting ready to debut in India this year. By the end of 2026, the service—which is currently offered in 89 markets worldwide—is anticipated to enter India. A number of governmental licences are still required for the
According to many media reports, market regulator Securities and Exchange Board of India (SEBI) approved UPI payments market leader PhonePe's initial public offering (IPO) on January 20. PhonePe hopes to generate about INR 12,000 crore (or $1.35 billion) through a pure OFS or offer for sale.
The chief financial officer (CFO) of Ola Electric, a manufacturer of electric vehicles (EVs), Harish Abichandani, has resigned. He resigned for "personal reasons". The listed electric two-wheeler (E2W) manufacturer also announced the appointment of former Puravankara (real estate developer) executive Deepak Rastogi as the new CFO in a
Ikea, a Swedish furniture store, declared that it will begin shipping items online in Tamil Nadu from January 22. EV-powered doorstep deliveries will begin in Chennai, Madurai, Coimbatore, and Salem, giving clients access to more than 6,400 options for home furnishings. The company's Bengaluru distribution network will
In addition to its previous investment promise of INR 30,000 crore, Mumbai-based Lodha Developers has inked a memorandum of understanding (MoU) with the Maharashtra government. As per the MoU, the group will invest INR 1 trillion in the construction of a 2.5 gigawatt (GW) data centre park in
Reliance Industries Limited (RIL), the parent company of Jio, has stated that once regulatory checks and balances are in place, the public offering is anticipated to take place in the upcoming months. Anshuman Thakur, SVP of Strategy & Planning at RIL, stated on the firm's Q3 earnings call
In a deal to be disclosed on January 20, private equity firm Everstone would sell its whole 11.26% ownership in Burger King's franchisee Restaurant Brands Asia in India and Indonesia. According to Refinitiv statistics, Everstone Capital's shareholding, through its investment vehicle QSR Asia Pte Ltd,
Global IT company Wipro has been accused in a letter to the labour and employment ministry by the Nascent Information Technology Employees Senate (NITES). Wipro is accused by NITES of postponing the onboarding of roughly 250 engineering graduates despite the company's formal contact and offer letter guarantees. In
Google has petitioned a magistrate to delay the requirement for the company to disclose data to competitors, including OpenAI, the developer of ChatGPT. According to court documents, Google is contesting a decision that it has an unlawful monopoly in online search. District Judge Amit Mehta of Washington declared in 2024
After an investigation revealed significant operational, planning, and regulatory flaws that contributed to the significant flight disruptions in December 2025, the civil aviation regulator DGCA fined IndiGo INR 22.20 crore and took severe enforcement action against its senior management. Between December 3 and 5, 2025, IndiGo experienced significant delays
Mukesh Ambani's Reliance Consumer, the FMCG division of the billionaire, announced on 16 January that it has bought the global rights of multinational brands like Brylcreem, Toni & Guy, and Badedas. On the same day, Reliance Industries also announced its financial results for the quarter that concluded on
IT giant Wipro announced on 16 January that it now anticipates hiring 7,500–8,000 graduates for the current fiscal year (FY26), a decrease from its initial goal of 10,000–12,000. The change follows subdued third-quarter performance, in which the Bengaluru-based company hired just 400 new employees.
Coca-Cola anticipates that India will rank as its third-largest market by volume in the upcoming years; hence, the company is assessing acquisition options there. The Coca-Cola Company, an international beverage company with headquarters in Atlanta, is searching for acquisitions in India. Through these acquisitions, the firm aims to grow into