Jerome Powell is accused of misleading Congress on the cost of the Fed's headquarters renovation. Jeanine Pirro will authorise the investigation. President Donald Trump is actively assessing the issue and wants Powell fired, re-igniting the conflict between the two.
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
Good Farmer Food Concepts, the company that founded artisanal coffee brand Maverick & Farmer Coffee and Square Burgers & Co., has raised $1.5 million in an ongoing Pre-Series A round. The company’s first external fundraising has been led by investment firm CreedCap with participation from Indian tennis star
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.
Uber is targeting a business transportation market in India that it believes may grow to $13 billion by 2030, going beyond just individual riders. The massive ride-hailing company is wagering that transporting office workers to factories, IT parks, and global capability centres will provide the size and steady demand that
Jio Platforms, the digital division of Reliance Industries Ltd. (RIL), is reportedly considering a $4 billion (INR 36,100 cr) public offering, which might be the largest IPO in India to date. Reuters was informed by sources that because of the scale of the digital business, RIL is only interested
PhonePe Payment Gateway said on January 10 that it has introduced 'PhonePe PG Bolt' for Visa and Mastercard credit and debit card transactions. According to a statement from the firm, the technique makes use of device tokenisation to give PhonePe platform users and merchant partners a safe and
The Reserve Bank of India (RBI) granted Skydo, a cross-border payments technology, a full licence on 9 January to operate as a Payment Aggregator-Cross Border (PA-CB). The Bengaluru-based payments company said it will broaden its product offerings and increase coverage in more trade corridors with the full licence. Skydo can
Citing concerns about governance and transparency, proxy advice firm Institutional Investor Advice Services (IiAS) has recommended against all five resolutions put forth by Groww's parent company, Billionbrains Garage Ventures Limited. The stockbroker is requesting shareholder approval for changes to the founders' rights to designate board directors and
In an effort to draw in early-stage merchants looking to expand online, Myntra announced that it has implemented a zero-commission scheme for new Indian direct-to-consumer firms joining its marketplace. The programme,e, which is a component of its Myntra Rising Stars initiative, is applicable to domestic fashion, beauty, and lifestyle
India’s startup and corporate landscape witnessed a series of strategic developments on 8th January 2026, reflecting shifting market dynamics across e-commerce, fintech, broking, and telecom. From Myntra’s move to support emerging D2C brands through a zero-commission model to Groww strengthening its leadership in retail stock broking, the day
Reliance Jio Platforms, the telecom and digital arm of Mukesh Ambani’s Reliance Industries, is considering an initial public offering (IPO) in 2026 that could become India’s largest‑ever public listing. The company may offer just 2.5% of its shares, but even this small float could raise more
Japanese investment giant SoftBank Group has once again trimmed its stake in Indian electric two‑wheeler maker Ola Electric Mobility Ltd. According to a regulatory filing, SoftBank’s investment arm, SVF II Ostrich (DE) LLC, sold a 2.15% portion of its holding in the company across a series of
Shark Tank India has come a long way from early scepticism to undeniable scale. And Anupam Mittal, Founder and CEO of People Group and one of the show’s original Sharks, believes the initial doubts no longer hold relevance. In a recent LinkedIn post, Mittal reflected on the journey of
Federal Bank has unveiled The Fortuna Wave, its refreshed brand identity that marks a significant milestone in the Bank’s journey of evolution, relevance, and future readiness. The launch, held in Mumbai, took place in the presence of the Bank’s leadership team and its brand ambassador Vidya Balan, signalling
- Pramila Srinivasan accuses Sridhar of transferring assets to sister Radha Vembu (owns 47.8% stake in Zoho). - The court froze assets and ordered to pause the major asset transfer. - A court-appointed receiver to assume temporary control on selling and moving assests.
When a tech founder's divorce becomes public, it often focuses on the financial sums involved. However, the case between Zoho co-founder Sridhar Vembu and his ex-wife Pramila Srinivasan is notable for a different reason. A California court ordered Vembu to post a $1.7 billion bond. The ruling
- The U.S. plans to enact legislation to penalise Russian oil buyers. - The agenda is to cut money to Russia and stop the war in Ukraine. - It's a trade dilemma for India, and it must choose.
India’s startup ecosystem continued to see steady funding activity on 8th January 2026, with capital flowing across industrial AI, consumer brands, fintech, entertainment, and enterprise AI services. Industrial AI startup Spector.ai led the day with a INR 58 crore raise, while Nitro Commerce and &Done secured significant
Varthana Finance, a leading NBFC in the affordable education sector in India, has secured a USD 6 million loan from WaterEquity, a global asset manager exclusively focused on water and sanitation. The funding aims to expand access to safe water and sanitation in underserved school communities across India. The proceeds
Articul8 AI surpasses $500 million Valuation in Under Two Years; Strong Investor Demand Drives Final Strategic Tranche to close in Q1 2026.
The funds raised by MiniPix will be used to strengthen product-market fit, scale regional content creation, and build the core team.