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
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
An AI-based personalised learning platform, Fermi.ai, aims to restore the ‘Productive Struggle’ with a focus on Deep learning for students and unprecedented insights for educators
Gullak, a digital gold savings platform, has announced the launch of India’s first jeweller savings scheme marketplace, bringing established jewellery brands onto a single digital platform. The marketplace currently features CaratLane, with two more large jewellers expected to go live in the coming days. Around 15-20 additional brands are
Varthana Finance, a leading NBFC in the affordable education sector in India, has secured a series of strategic international debt financings to strengthen its mission of transforming affordable education and school infrastructure across India. The funding includes a USD 6 million loan from WaterEquity, along with USD 5 million NCD
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
Mumbai-based wellness startup Dhun Wellness has secured $4 million (approximately INR 36.6 crore) in a fresh funding round to expand its footprint and strengthen its offerings in India’s growing health and wellness market. The funding marks a significant step for the luxury urban wellness brand as it eyes
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
- Trump accuses JPMorgan of politically “Debanking” him and his family. - Trump's personal lawyer, Alejandro Brito, filed the case in Miami. - JPMorgan denies the allegations, yet some claims remain unclear.
India’s startup ecosystem stayed active on 22nd January 2026, with notable funding activity across deeptech and EV mobility, alongside major business headlines shaping the broader market landscape. Meine Electric raised $750K in a pre-seed round to accelerate its iron-air long-duration energy storage innovation, while Chargeup secured INR 22 Cr
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
- Silver jumped to INR 3.34 lakh/kg on MCX, but fell 4% after global tensions eased. - ETF prices crashed because Indian silver had become overhyped due to Budget rumors. - Long-term demand will still remain strong for silver, say experts.
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
- The crash continues, hitting a 19-month low and dropping 25% in two weeks. - The price fell below key support at INR 394–INR 398, and market experts are overall negative. - Kalyan's revenue numbers have remained strong over the last few quarters, giving it a breather.
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