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The Central Consumer Protection Authority (CCPA), a consumer watchdog, fined Amazon, Meesho, Meta, and other e-commerce sites for selling walkie-talkies illegally, claiming that thousands of listings violated consumer and telecom regulations. In addition to a number of smaller merchants and websites, the CCPA reported that it discovered over 16,900
Vikram Chopra, CEO and cofounder of CARS24, stated that the company hopes to go public in the next six to twelve months amid the current startup IPO boom. In order to support its attempt to break into the $200 billion used car industry, Chopra emphasised notable improvements in the startup&
Anthropic, a prominent artificial intelligence company, has appointed Irina Ghose, former managing director of Microsoft India, as managing director to spearhead its Indian operations, reflecting its strategic expansion initiatives. According to a release, the hiring coincides with Claude's parent company preparing to launch its first office in India
In an attempt to increase innovation as it integrates AI into its operations, consulting behemoth McKinsey plans to hire liberal arts candidates that it had previously deprioritised. According to Bob Sternfels, global managing partner at McKinsey & Company, the firm is beginning to identify which backgrounds tend to generate the
In honour of its 25th anniversary, the Wikimedia Foundation announced on January 15 that it has reached agreements with many AI firms. Wikipedia, a free online knowledge base and online crowdsourced encyclopaedia, is owned by the Wikimedia Foundation. Leading AI companies like Amazon, France's Mistral AI, Meta Platforms,
Following weeks of consumer and political outrage as well as regulatory probes, Elon Musk's xAI said late on 14 January that Grok will no longer be able to produce sexualised photos of actual people on its social network X based on user inputs. In a tweet released through
In order to acquire a record 2.85 million soil carbon credits linked to regenerative agriculture methods in the US, Microsoft has partnered with Indigo Carbon. The action coincides with the Satya Nadella-led company's goal to become "carbon negative" by 2030. However, recently Microsoft's
Accel-backed startup Pync has ceased operations because to growing competition in the quick home services market. According to a statement from rival Snabbit, Pync's three cofounders—Harsh Prateek, Mayank Sahu, and Dev Priyam—have recently joined the company. All three co-founders have joined in at senior positions spanning
On January 14, the Reserve Bank of India (RBI) gave Sumitomo Mitsui Banking Corporation (SMBC) of Japan "in-principle" approval to establish a wholly-owned subsidiary (WOS) in India. With four branches in Bengaluru, Chennai, Mumbai, and New Delhi, SMBC presently operates banking activities in India via branch format. With
The new labour code has resulted in exceptional costs totalling more than INR 4,373 crores for Tata Consultancy Services (TCS), Infosys, and HCLTech. As a result, the third quarter ending December 31 saw a sharp double-digit drop in profitability for the three largest IT services companies in the nation.
Moglix has introduced Cognilix, an AI-powered B2B procurement operating system designed to simplify how businesses buy products, handle inventory, collaborate with suppliers, and sell. The business said that it will spend $5 million to advance AI research and create corporate products tailored to particular industries using the Cognilix platform. AI
On 14 January, Ola Electric declared that its 4680 Bharat Cell platform would be expanded. As part of the effort, companies and startups can now buy the 1.5 kWh 4680 Bharat Cell battery pack or the 4680 Bharat Cells directly for use in portable medical devices, humanoids, automobiles, and
According to creator Gaurav Munjal, Unacademy intends to close its centre business and turn it into a franchise. Munjal informed staff members via email on January 14 that the company will convert its company-operated centres into franchise partnerships in the upcoming months. He went on to say that the business&
India demands that rapid commerce companies abandon their 10-minute delivery claim. The demand was raised amid growing worries that the extremely tight deadlines are deteriorating the safety and working conditions for gig workers. According to various media reports, Federal Labour Minister Mansukh Mandaviya met with executives from major instant delivery
In the December quarter (Q3 FY26), One 97 Communications Ltd. (Paytm) saw continuous institutional investment, indicating ongoing confidence in the company's long-term growth trajectory and strengthening fundamentals. Due to Paytm's inclusion in the MSCI Global Standard Index in November 2025, Category I FPIs increased their investment
January hasn't even ended yet, and at least three major corporations have recently announced widespread layoffs. Giants including Meta, Citigroup, and BlackRock have laid off thousands of employees in a variety of roles, suggesting that the job loss trend that swept through 2025 has continued into 2026, at
In the December quarter of FY26, HCL Technologies reported a slight decrease in its workforce, despite the IT services company continuing to hire recent graduates in the face of stable demand. The Noida-based company's headcount decreased by a net 261 people in Q3FY26. This decline has brought down
The largest software services exporter in India, Tata Consultancy Services (TCS), announced a substantial drop in its staff base in the December quarter. This is the second consecutive quarter of workforce contraction as the company continues to realign its manpower in response to cost constraints and technological advancements. According to
Kissht has received approval from SEBI, the market regulator, to move forward with its public offering. According to the most recent information on the SEBI website, OnEMI Technology, the parent company of the firm, received observations from the regulator on January 8. Issuing observations is a "green light"
Infosys Ltd. faces the possibility of losing almost one-third of its around $400 million yearly revenue from Daimler, one of its top three clients, as the German automaker searches for a replacement vendor after execution delays. At a time when client technology budgets are being tightened by economic uncertainty, tariff
In 2025, Apple's iPhone exports from India surpassed INR 2 trillion for the first time since the company began manufacturing there in 2021. According to data supplied by vendors to both federal and state governments, its exports from January to December 2025 hit a record $23 billion (or
Subscriptions for the INR 1,789 crore Amagi Media Labs IPO are set to open tomorrow, January 13, 2026. IPO shares are currently trading at a premium of INR 37, or almost 10% more than the issue price of INR 361, on the grey market, an illegal market where shares
Even the most powerful companies in the nation are finding it difficult to establish an autonomous clean-energy supply chain, as evidenced by Reliance Industries Ltd.'s decision to halt plans to produce lithium-ion battery cells in India after failing to acquire Chinese technology, according to people familiar with the
According to official sources, social networking platform X has removed 600 accounts and restricted 3,500 postings after the Centre reported pornographic content on the website. According to the sources, X has promised the government that it will abide by laws and refrain from allowing pornographic material on its platform.