- India tightens diamonds labelling rules to protect buyers; lab-grown diamonds can't be called 'diamonds' alone. - BIS has introduced a new official standard called IS 19469:2025 for diamonds. - Jewellery industry leaders strongly support the new BIS rules and say they build trust.
- Tariffs, trade tensions, and a weak rupee will not slow down the Indian economy. - IMF projects 7.3% growth, lowering inflation to 4%, and improving economic stability.
According to many media reports, market regulator Securities and Exchange Board of India (SEBI) approved UPI payments market leader PhonePe's initial public offering (IPO) on January 20. PhonePe hopes to generate about INR 12,000 crore (or $1.35 billion) through a pure OFS or offer for sale.
The chief financial officer (CFO) of Ola Electric, a manufacturer of electric vehicles (EVs), Harish Abichandani, has resigned. He resigned for "personal reasons". The listed electric two-wheeler (E2W) manufacturer also announced the appointment of former Puravankara (real estate developer) executive Deepak Rastogi as the new CFO in a
Ikea, a Swedish furniture store, declared that it will begin shipping items online in Tamil Nadu from January 22. EV-powered doorstep deliveries will begin in Chennai, Madurai, Coimbatore, and Salem, giving clients access to more than 6,400 options for home furnishings. The company's Bengaluru distribution network will
In addition to its previous investment promise of INR 30,000 crore, Mumbai-based Lodha Developers has inked a memorandum of understanding (MoU) with the Maharashtra government. As per the MoU, the group will invest INR 1 trillion in the construction of a 2.5 gigawatt (GW) data centre park in
Intellend Technologies Advisors Private Limited, a fully digital and embedded lending technology platform focused on bridging India’s MSME credit gap, has raised $1.2 million (INR 10.6 crore) in a seed funding round. The round was led by Incubate Fund Asia, with participation from M Venture Partners, Atrium
With this funding, Raana Semiconductors aims to accelerate domestic solar and semiconductor supply-chain capabilities.
- The global economy is overly reliant on AI, and if it fails, growth could drop by 0.4 percentage points this year. - The growth forecasts for the U.S., Canada, and China look promising for 2026 and 2027. - Reality check: Only 30% of the increased revenue was due to AI, says a PwC survey.
- Despite tariff tensions, China's $1.19 trillion trade surplus surpasses expectations. - Internal issues such as the housing crisis, 17.2% fall in property investment, and low consumer spending remain. - Experts doubt the 5% and say the number is likely at least 1.5 percentage points lower.
India’s startup and business ecosystem continues to witness a mix of funding momentum and major corporate developments. In today’s roundup, social networking platform Culture raised INR 2 crore in a seed round led by Acuvest Infra, while premium sneaker brand Gully Labs secured INR 30 crore in Series
Reliance Industries Limited (RIL), the parent company of Jio, has stated that once regulatory checks and balances are in place, the public offering is anticipated to take place in the upcoming months. Anshuman Thakur, SVP of Strategy & Planning at RIL, stated on the firm's Q3 earnings call
Gully Labs, a homegrown premium sneaker brand blending Indian cultural storytelling with contemporary design and craftsmanship, has raised INR 30 crore in a Series A funding round led by Saama Capital, with participation from existing investor Zeropearl VC, which is doubling down with a follow-on investment beyond its pro-rata allocation
In a deal to be disclosed on January 20, private equity firm Everstone would sell its whole 11.26% ownership in Burger King's franchisee Restaurant Brands Asia in India and Indonesia. According to Refinitiv statistics, Everstone Capital's shareholding, through its investment vehicle QSR Asia Pte Ltd,
- Deloitte targets Tier II cities in India for their strong talent and real estate. - Mangaluru can become Deloitte's new destination. - Romal Shetty, Deloitte’s CEO for South Asia, at the TiEcon Mangaluru 2026 event, suggested “innovate for Bharat."
Global IT company Wipro has been accused in a letter to the labour and employment ministry by the Nascent Information Technology Employees Senate (NITES). Wipro is accused by NITES of postponing the onboarding of roughly 250 engineering graduates despite the company's formal contact and offer letter guarantees. In
* The funding will be used to accelerate product development, expand community initiatives & strengthen safety-focused platform infrastructure * The newly raised capital will also support the rollout of creator-led ‘Spaces’, a feature that allows creators and community leaders to host live discussions, events, and hybrid online-offline experiences Culture, a human-first social
- Elon says OpenAI benefited from his reputation and wants his share of the profits. - Elon posts stating, "Can’t wait to start the trial", which will likely start in April 2026. - OpenAI publishes 2 news articles calling Elon's claims baseless and a harassment campaign.
Google has petitioned a magistrate to delay the requirement for the company to disclose data to competitors, including OpenAI, the developer of ChatGPT. According to court documents, Google is contesting a decision that it has an unlawful monopoly in online search. District Judge Amit Mehta of Washington declared in 2024
After an investigation revealed significant operational, planning, and regulatory flaws that contributed to the significant flight disruptions in December 2025, the civil aviation regulator DGCA fined IndiGo INR 22.20 crore and took severe enforcement action against its senior management. Between December 3 and 5, 2025, IndiGo experienced significant delays
Soult, a Mangaluru-based startup, announced its official global launch at TiECon Mangaluru 2026, unveiling the world’s first Digital Life Vault designed for comprehensive legacy management. Soult enables individuals and families across the world to securely organize financial assets, critical documents, personal memories, wishes, and life instructions within one private
Mukesh Ambani's Reliance Consumer, the FMCG division of the billionaire, announced on 16 January that it has bought the global rights of multinational brands like Brylcreem, Toni & Guy, and Badedas. On the same day, Reliance Industries also announced its financial results for the quarter that concluded on
IT giant Wipro announced on 16 January that it now anticipates hiring 7,500–8,000 graduates for the current fiscal year (FY26), a decrease from its initial goal of 10,000–12,000. The change follows subdued third-quarter performance, in which the Bengaluru-based company hired just 400 new employees.
Coca-Cola anticipates that India will rank as its third-largest market by volume in the upcoming years; hence, the company is assessing acquisition options there. The Coca-Cola Company, an international beverage company with headquarters in Atlanta, is searching for acquisitions in India. Through these acquisitions, the firm aims to grow into