UpGrad Fortifies Skilling-to-Employment Funnel with 90% Stake in Internshala
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February 27, 2026
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Business, Career, Education
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In a major consolidation move within the Indian edtech landscape, upGrad has announced the acquisition of a 90% stake in Internshala, the country’s leading internship and early-career marketplace. The deal, structured as a share swap, signals a definitive pivot from pure-play online education toward an integrated, “career-outcome” ecosystem. While financial terms remain undisclosed, industry insiders value the transaction at approximately …
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Anthropic Initiates Historic $6 Billion Secondary Sale for Employees
SAN FRANCISCO, February 24, 2026 — In one of the largest private liquidity events in tech history, AI heavyweight Anthropic has launched a secondary share sale that allows current and former employees to sell their equity at a staggering $350 billion valuation. The move is designed to provide long-term staffers a way to “cash out” following the company’s meteoric rise, …
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Practo: $100M Pre-IPO Round Signals 2026 Listing
BENGALURU, February 25, 2026 — Practo Technologies, India’s long-standing pioneer in digital healthcare, is reportedly in advanced discussions to secure a $100 million to $125 million pre-IPO funding round. The capital infusion is being positioned as the “final bridge” for the 17-year-old startup as it gears up for a public market debut in the second half of 2026. The Financial …
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Aakash Educational FY24: Revenue Stagnates, Losses Hit ₹2,443 Crore
Bengaluru, February 24, 2026 — Aakash Educational Services Limited (AESL), the offline test-prep powerhouse, has reported a staggering net loss for the financial year ended March 31, 2024. While the company maintained its operational scale, its bottom line was decimated by its association with its embattled and now-insolvent parent company, Think & Learn (Byju’s). The Financial Breakdown (FY24) According to …
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Panasonic: The 12,000-Job “Turnaround” Strategy
February 24–26, 2026-Panasonic Holdings Corporation has confirmed a sweeping global restructuring plan that signals the end of an era for the Japanese giant as a solo TV manufacturer. The Workforce Reduction Panasonic is moving to cut approximately 12,000 jobs globally, roughly 4–5% of its total workforce. The Skyworth Partnership In a landmark move, Panasonic has signed a comprehensive agreement with …
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WhatsApp to Tighten Privacy and Implement “Sim-Binding” in India
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February 26, 2026
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Business, Policy, Social Media
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February 2026– Several regulatory developments are converging to fundamentally change how WhatsApp operates in India. The information you’ve gathered reflects a mix of Department of Telecommunications (DoT) security mandates and Supreme Court/Competition Commission of India (CCI) legal battles. Here is a comprehensive report on the current situation. 1. The “Sim-Binding” Mandate The Department of Telecommunications (DoT) has issued a directive …
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Trump Warns of “Painful” Consequences as India Pauses Trade Deal Following SC Ruling
Washington/New Delhi | February 24, 2026 – US President Donald Trump has issued a blistering warning to international trading partners, specifically targeting nations that seek to “backtrack” on trade agreements following a landmark US Supreme Court ruling that dismantled his primary tariff framework. The warning comes as the India-US Interim Trade Deal, which was slated for finalization this week, has …
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AI Shockwaves: Nifty IT Index Plummets 20% in February; LIC Loses ₹42,500 Crore
Mumbai | February 26, 2026 – The Indian IT sector is grappling with a historic downturn, as the Nifty IT Index recorded a staggering 21% decline in February 2026, marking its worst monthly performance since the 2008 global financial crisis. The sell-off, which saw the index crash by 5% in a single day on February 24, has been fueled by …
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Market Cap Wipeout as ₹590 Crore Fraud Rattles IDFC First
The banking sector faced a localized shockwave this week as IDFC First Bank reported a significant fraudulent event at its Chandigarh branch. The bank disclosed a ₹590 crore discrepancy involving accounts linked to the Haryana Government. Early reports suggest that four employees allegedly engaged in unauthorized fund movements, effectively siphoning off capital that was intended for state development. Economic Fallout …
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RBI Blueprint: ₹5 Lakh Crore Liquidity Injection to Anchor FY27 Debt Market
MUMBAI – In a strategic move to insulate India’s economy from a potential interest rate spike, the Reserve Bank of India (RBI) has outlined a massive ₹5 lakh crore ($60 billion) liquidity injection plan for the 2026-27 financial year (FY27). This proactive intervention is designed to counterbalance a record-breaking ₹40 lakh crore borrowing requirement anticipated from the central government, state …
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