NewsBytes

The Supreme Court of India has ruled that Tiger Global's $1.6 billion stake sale in Indian e-commerce firm Flipkart is taxable.

The tax department has issued notices to as many as five large foreign digital companies, saying their activities in India meet the threshold of a permanent establishment (PE).

India's unemployment rate rose slightly to 4.8% in December, up from November's 4.7%, according to official data released today.

Tata Consultancy Services (TCS), Infosys, and HCLTech have reported a significant decline in their profits for the third quarter of FY26.

India's smartphone market is expected to witness a decline in 2026, as per estimates from IDC and Counterpoint Research.

The Central Consumer Protection Authority (CCPA) has imposed a fine of 10 lakh each on e-commerce giants Flipkart and Meta Platforms.

Ericsson, a leading player in the telecom equipment industry, has announced plans to lay off around 1,600 employees from its Swedish unit.

Microsoft co-founder Bill Gates has started the formal process of shutting down the Bill & Melinda Gates Foundation.

Fractal Analytics, a leading data analytics and enterprise AI company backed by TPG Capital, is gearing up for its initial public offering (IPO) in February 2026, following the Union Budget presentation, according to Moneycontrol.

A recent survey conducted by LocalCircles has revealed that a significant portion of Indians don't want their products delivered in 10 minutes.

Akasa Air has become the first Indian airline to accept Apple Pay for international flight bookings.

Taiwan Semiconductor Manufacturing Company (TSMC), the world's main producer of advanced artificial intelligence (AI) chips, has reported a record-breaking net profit for the October-December quarter.

Liftoff Mobile, a company backed by private equity giant Blackstone, has filed its first S-1 document with the US Securities and Exchange Commission (SEC).

Infosys is being investigated by the US Department of Justice (DoJ) for allegedly misclassifying certain employees on H-1B visas in immigration documents.

Paramount has announced the appointment of Dennis Cinelli as its new Chief Financial Officer (CFO).

Coca-Cola is gearing up to launch an initial public offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB).

India is looking to acquire 114 Rafale fighter jets for the Indian Air Force (IAF), with a major chunk of them, around 80%, to be manufactured in the country, according to The Economic Times.

Zerodha co-founder Nithin Kamath has voiced strong criticism as Indian stock exchanges remain closed today for Mumbai's municipal elections.

Today, January 15, several Indian states will witness bank closures due to the celebration of Makar Sankranti and Pongal.

Coca-Cola has reportedly called off its plans to sell the Costa Coffee chain.

India has witnessed a massive surge in foreign direct investment (FDI), with $51 billion coming into the country over the past six months.

In a major move to ease trade with West Asia and North Africa (WANA), the Indian government has authorized the India & Arab Countries Chamber of Commerce, Industry and Agriculture (IACCIA) to issue non-preferential certificates of origin.

Executive Centre India, a leading provider of premium flexible workspace solutions, has received the green light from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO).

Anthropic, a leading artificial intelligence (AI) company, has appointed Mike Krieger, the co-founder of Instagram, as the co-leader of its Labs incubator.

Unacademy, a leading edtech firm backed by Temasek, is planning to shut down its company-operated offline centers and transition to a franchise model.

Infosys has reported a net profit of 6,654 crore for the third quarter of FY26a marginal 2.2% decline from last year and lower than analyst expectations.

Netflix is considering a revised bid strategy to acquire Warner Bros. Discovery Inc.'s studios and streaming businesses, according to Bloomberg.

Billionbrains Garage Ventures, the parent company of online investment platform Groww, has reported a 28% year-on-year decline in net profit for the third quarter of FY26.

Tata Consultancy Services (TCS) has announced a strategic partnership with US chipmaker Advanced Micro Devices (AMD).

Shares of mining giant Vedanta have hit an all-time high, extending their winning streak to the fourth consecutive session.

Silver prices have hit a new high, crossing the $90 per ounce mark for the first time in history.

The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.

Ammobia, a start-up, is significantly improving the production of ammonia, a key ingredient in fertilizers and other industries.

Tata Consultancy Services (TCS) has witnessed a major decline in its headcount over last two quarters.

The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of Coal India, has been oversubscribed by nearly 147 times.

India's wholesale price inflation has risen to an 8-month high of 0.83% in December, marking an increase from November's contraction of 0.32%.

The US Department of Commerce has eased its stance on artificial intelligence (AI) chip exports to China.

China has posted a record trade surplus of $1.189 trillion in 2025, defying the renewed tariff pressures from the US under President Donald Trump.

Meta is set to lay off over 1,000 employees from its Reality Labs division. The layoffs will mostly affect teams working on virtual reality products.

Authorities in Taiwan have issued an arrest warrant for Pete Lau, the CEO of Chinese smartphone brand OnePlus.