- Nike is set to cut overstaffed warehouses in Tennessee and Mississippi. - Nike’s sales have been weak for two years, and the company wants to align with its profits again. - The recent data breach is also putting pressure on the company.
Gold and silver held elevated levels on Tuesday as global safe-haven demand and a weakening rupee underpinned prices. After recent record rallies, precious metals saw minor profit-booking but stayed close to multi-session highs, reflecting persistent investor interest amid geopolitical and macroeconomic uncertainty. Closing Rates for Gold and Silver on 27
India’s startup and business landscape remained active on 27th January 2026, with significant funding activity spanning deeptech, fintech, healthcare, and enterprise legal technology. From Entellus Industries strengthening India’s rare earth manufacturing ecosystem to SpotDraft advancing AI-powered legal operations, investors continued backing innovation-led growth. Venture capital momentum was also
- Meta will keep the core features free for its users. - Content creators and power users are put in the spotlight for the new paid version. - Meta plans to roll out testing of subscription features soon.
- Geopolitical shock (Greenland issue) sends the dollar lower despite strong U.S. Investments. - Markets ignore Fed drama, but sell the Dollar on geopolitical tensions. - The dollar weakens as the U.S. angers allies, echoing the 2025 tariff crash all over again.
MeMeraki, India’s largest culture-tech platform enabling technology-led market access for traditional Indian arts and crafts, has raised an undisclosed institutional investment from Next Bharat Ventures, the impact investment arm backed by Suzuki Motor Corporation, Japan. The investment will support the company’s next phase of growth, with a focus
Wio Bank and Pine Labs have reached an agreement for Pine Labs to construct an acquisition infrastructure for the digital bank located in the United Arab Emirates. Pine Labs stated in a filing with the exchanges that the forthcoming cloud-native platform will provide multi-mode payment acceptance at scale, real-time settlement
PVR INOX wants to focus only on its core cinema business and is ready to exit the snack business. Here are the details…
Global aerospace leader Embraer and Adani Defence & Aerospace signed a memorandum of understanding (MoU) on 27 January. As per the MoU, both the firms will create an integrated regional transport aircraft ecosystem in India. Both the firms will be working together on opportunities in aircraft manufacturing, supply chain, aftermarket
On January 27, JioStar's request to prevent the Competition Commission of India (CCI) from looking into claims of monopolistic practices in the television distribution industry in Kerala was denied by the Supreme Court. The court decided that the issue merits further inquiry and permitted CCI to carry out
India’s popular digital payments system, the Unified Payments Interface (UPI), is set to launch in Japan. This marks a significant step in the platform’s global expansion, aimed at helping Indian tourists pay conveniently using the same mobile apps they use at home. UPI allows instant money transfers and
TikTok has officially sealed a major deal that reshapes how it operates in the United States and brings a leading American tech firm, Oracle, into the heart of its U.S. operations. This development ends years of political pressure, legal battles and threats of a nationwide ban. The move affects
India and the European Union (EU) have reached a landmark free trade agreement (FTA) after nearly 20 years of talks, transforming economic ties between the world’s fastest-growing major economy and Europe’s 27 member states. Leaders have hailed the pact as the “mother of all deals”, with potential long-term
In an effort to increase its global footprint, Chinese athletic goods conglomerate Anta Sports announced on January 27 that it will pay US$1.79 billion to acquire a majority stake in the venerable German sportswear company Puma. According to the statement to the Hong Kong exchange, Anta will purchase
The United Forum of Bank Unions (UFBU) decided to go ahead with a statewide strike on January 27. The Union wants an immediate implementation of a five-day work week. Owing to this demand, the entire public sector banks' operations were impacted nationwide on 27 January. Following the failure of
SpotDraft, the leading AI-powered contract lifecycle management (CLM) platform, has raised $8 million from Qualcomm Ventures in a strategic Series B extension. The investment follows SpotDraft’s $56 million Series B raise in February 2025 and reflects accelerating enterprise demand for secure, high-performance legal AI that can run directly on-device.
A final deal has been reached for Marico to purchase PVR INOX's 93.27% share in Zea Maize Private Limited (ZMPL). The gourmet popcorn brand 4700BC is owned by ZMPL. The entire consideration of INR 226.8 crore has been finalised in an all-cash transaction. According to Marico&
The Centre has started to redistribute 10% of IndiGo's flying operations, making a temporary reorganisation of the Indian aviation sector inevitable. The Ministry of Civil Aviation has earlier restricted IndiGo, reassigning 717 slots to other local carriers. The MoCA-imposed limitation is being implemented in a phased and systematic
Infosys has started gathering household electricity use data from remote workers, according to the offcial press release. This is done as a part firm's larger sustainability project connected to its hybrid work style. The information is being used to calculate the environmental impact of working remotely and produce
Citigroup is getting ready for another round of layoffs in March, continuing a personnel reduction initiative that has already resulted in the elimination of roughly 1,000 positions earlier this month. According to media reports, the proposed layoffs will be made public following the payment of yearly bonuses. Let’s
India’s startup ecosystem saw notable momentum on 23rd January 2026, with fresh capital flowing into wellness and education-focused finance. Luxury wellness startup Dhun Wellness raised $4 Mn, backed by corporate giants SRF Ltd and Havells India, signalling growing investor interest in the longevity and premium wellness segment. Meanwhile, NBFC
In connection with Yes Bank's 2022 share sale, SEBI has accused current and former officials at PwC and EY's Indian divisions of violating insider trading regulations. US private equity firms Advent International and Carlyle Group were also implicated in this infraction, according to a classified SEBI
A ban on bike taxi services functioning throughout the state was overturned by a division bench of the Karnataka High Court. Hence, allowing app-based two-wheeler transport platforms to reopen. Chief Justice Vibhu Bakru and Justice CM Joshi overturned a one-judge bench decision on 23 January that had earlier supported the