- Trent shares fell over 8% at market open on January 6, 2026. - The fall erased over INR 13,000 crore from Trent's market value. - Radhakishan Damani suffered a ₹162 crore paper loss in just two minutes.
After the refiner resumed some purchases for domestic production, at least three tankers carrying Russian crude are pointing to Reliance Industries Ltd's (RIL) refinery on the west coast of India as their next stop. According to data analytics company Kpler (cited by Bloomberg), the ships carrying about 2.
Indian retail company Trent Ltd. saw its share price fall sharply on Tuesday after reporting its latest quarterly update. The stock dropped by around 8.3% in early trading, even though the company delivered a 17% year-on-year rise in standalone revenue for the three months ended 31 December 2025. The
Shares of Reliance Industries Limited (RIL) fell sharply on Tuesday, 6 January 2026, as investor sentiment turned cautious amid global oil market uncertainty and confusing reports around the company’s crude oil supplies. The stock suffered one of its worst single-day declines in recent months, dragging down broader Indian market
Grano69 Beverages, the company behind the rapidly growing beer brand Proost, has announced a major milestone for FY25, crossing 115 crores in revenue and achieving EBITDA breakeven. This marks an exceptional 174% growth over last year’s revenue of 42 crore and a sharp rise in volumes from ~2.5
In order to enter the specialised ethane shipping market, ONGC would acquire a 50% share in two joint ventures with Mitsui OSK Lines (MOL) of Japan. Japan. ONGC and MOL will hold equal interest in the joint ventures, which will each own a very large ethane carrier (VLEC). According to
On January 5, Swiggy announced the debut of EatRight, a new category that aims to provide health-conscious customers in over 50 cities with a unified selection of foods that are high in protein, low in calories, and free of added sugar. With Chandigarh, Guwahati, Ludhiana, and Bhubaneswar leading the way,
When Dr. Premila Naidu began her career, paediatric dentistry wasn’t a calling she consciously chose—it was a curiosity that slowly grew into a mission. During her postgraduate training, she became fascinated by the emotional and behavioural layers that defined a child’s experience in a dental chair. But
- Senior Google engineer Jaana Dogan says ‘not joking’ in a series of posts on 'X.' - She clarified why big techs like Google take longer to build systems. - Although Claude Code built the systems in an hour, they were not perfect.
India’s startup and business ecosystem saw a mix of funding momentum and major corporate developments on 5th January 2026. Early-stage investments continued across advisory and fintech infrastructure, with Kayess Square raising INR 10 crore in a Pre-Series A round and payment startup Mylapay securing $1 million ahead of its
- Banking services may be impacted for four days amid the January 27 Strike Call. - UFBU promises bank work hours won’t be reduced after the 5-day workweek. - Employees have agreed to work an additional 40 minutes per day.
Kayess Square Consulting Pvt. Ltd., a Bengaluru-based finance, risk, governance, and transaction advisory firm, has raised ₹10 crore in a strategic funding round led entirely by its long-standing clients and senior leadership team. What sets this round apart is its composition: 100 per cent of the capital has come from
Olympic gold medallist Neeraj Chopra of India has announced the opening of Vel Sports, his own athlete management company. JSW Sports said in a formal statement that the athlete's formal association is over and that this "begins a new chapter" for the javelin superstar. Neeraj Chopra,
According to The Economic Times, the Centre has cautioned social media platform X about AI-generated pornographic material, threatening to revoke its "safe harbour" status under Indian law if it disregards takedown orders. Notably, X previously lost his legal immunity due to his failure to follow Indian regulations. Online
- The Indian rupee opened the week at 90.24 (weakened) against the U.S. dollar. - Investors are withdrawing funds from the Indian market out of panic. - All eyes are on the RBI’s $10 billion dollar-rupee swap on January 13.
According to The Economic Times, Tata Sons has started considering a potential leadership transition at its airline division; therefore, Air India might soon have a new CEO. According to the report, the group has discussed its top management structure with senior executives from major international airlines. According to those cited
Global broking firm Jefferies has stated that ONGC may be about to unlock $500 million in long-pending dividends from its Venezuelan upstream project, pointing to a possible boost to the state-run explorer's balance sheet and sentiment should a US-led restructuring of the Latin American country's oil
Inox Clean Energy recently acquired SunSource Energy's solar assets as part of a massive wave of mergers and acquisitions (M&A) in the Indian renewable energy sector. The company's pre-IPO fundraising efforts, internal accruals, and promoter capital would all be used to finance the acquisition.
According to Deepinder Goyal, founder and CEO of Eternal, the parent company of Zomato and fast commerce platform Blinkit, the food delivery platform Zomato fires about 5,000 gig workers every month due to fraud cases, while between 1.5 and 2 lakh workers quit the platform voluntarily. Goyal claimed
In Venezuela, Starlink has provided free internet service till February 3. The statement follows the rapid nighttime military action by the United States against Venezuela on January 3, which resulted in the capture of President Nicolas Maduro and his wife, First Lady Cilia Flores. "Starlink is providing free broadband
In its most recent annual report, the regulator, the Insurance Regulatory and Development Authority of India (IRDAI), stated that mis-selling is a serious issue in the insurance industry and that insurers must carry out a root cause analysis to determine the underlying issues. According to the report, the total number
The Telangana delivery workers' union has reacted to Zomato CEO Deepinder Goyal's support of the company's gig model by calling the existing working conditions "not decent work". This has intensified the discussion around compensation and benefits in India's rapidly expanding quick
With the registration of five significant firms as anchor vendors under the government's Electronics Components Manufacturing Scheme (ECMS), Apple has taken a clear lead in India's efforts to develop a comprehensive electronics components ecosystem. According to Business Standard, the companies, which are a combination of huge
Deepinder Goyal, the founder and CEO of Zomato, issued a thorough five-point statement on X to defend the company's gig work model. He described how delivery partners are compensated, why riders are not put under strain by the 10-minute delivery guarantee, and how flexible schedules and welfare benefits