Zomato and Jio Financial Services will join the Nifty 50 index, replacing Bharat Petroleum Corporation Ltd (BPCL) and Britannia Industries. The change will become effective from March 28, as per a press release. Zomato and Jio Financial have been included as their six-month average free-float m-cap is "at least 1.5 times" bigger than BPCL and Britannia's.

AI startup Humane has announced it is selling most of its business to HP for $116 million. The deal includes Humane's AI-powered platform Cosmos, technical talent and intellectual property. The startup's AI Pin business isn't part of the deal and will be closed. As per a support document, AI Pins will "no longer connect to Humane's servers" after February 28.

A Poland and US-based startup named Clone Robotics unveiled 'Protoclone', a human-like robot with fake muscles, bones & joints under translucent skin. "The world's first bipedal, musculoskeletal android...faceless, anatomically accurate synthetic human with over 200 degrees of freedom, over 1,000 Myofibers, and 500 sensors," the startup said. A video showed the robot moving its arms and legs.

B9 Beverages Limited, maker of Bira 91, suffered an ₹80 crore loss after dropping "Private" from its name, halting sales for months due to compliance issues. This led to a 22% revenue drop and ₹748 crore net loss in FY 2023-24. Facing rising competition from global beer giants, Bira 91 maker plans an IPO to fund expansion.

Listed coworking startup Awfis has approved and allotted 1,34,951 equity shares to the eligible employees of the company consequent to the exercise of their respective vested stock options pursuant to Awfis Stock Option Plan 2015. Consequent to the above allotment, the company’s paid-up capital increased to ₹70.96 crore from ₹70.82 crore earlier.

Online gaming company Head Digital Works Private Limited (HDW), the parent entity of A23, has acquired Adda52 holding company Deltatech Gaming Limited (DGL) for ₹491 crore. The transaction will be completed in two tranches, with HDW initially acquiring 51% stake in DGL. Following that, DGL will merge into HDW, with a 5.7% stake in the company.

Serial entrepreneur Priyanka Gill, co-founder of The Good Glamm Group, has launched COLUXE, a lab-grown diamond brand aiming to redefine luxury and sustainability in India's fine jewellery market. Gill's previous venture, POPxo, merged with MyGlamm in 2020, leading to the formation of The Good Glamm Group. Priyanka holds < 0.1% in Good Glam Group.

Shraddha Kapoor-backed Palmonas raised ₹1.26 crore for 1% equity on Shark Tank India Season 4 from Namita Thapar and Ritesh Agarwal. The funding will support the brand's offline retail expansion, global reach, and AI-driven personalisation. The brand was founded in 2022 by Pallavi Mohadikar and Dr Amol Patwari, and they roped in Shraddha Kapoor as a co-founder in 2024.

Shares of enterprise tech unicorn Rategain soared 8.4% to ₹541.65 apiece during the intraday trading session on the BSE today (February 20), a day after marking its 52-week low of ₹475.25 per share. The stock was last up 2.8% at ₹513.45 per share on the BSE, compared to its previous close of ₹499.65 apiece yesterday (February 19).

Kolkata-based entrepreneur Megha Sarayan turned down an IIM Kozhikode MBA admission in 2021 to grow her bakery startup, Land Of Cakes. What began in 2018 as a small venture from her kitchen is now a ₹2 crore revenue brand. Overcoming challenges, including the COVID-19 crisis, Megha has expanded operations and recently secured ₹72 lakhs in funding for future growth.

Spyne has raised $16 million in a Series A funding round led by Vertex Ventures and others. The startup, which started as a merchandising platform serving multiple industries, shifted its focus entirely to automotive and launched an AI-powered visual merchandising platform. Its platform enables dealerships to create studio-quality images, 360-degree spin videos, and automated marketing videos.

Feminine hygiene startup Sirona's Founders Deep and Mohit Bajaj have repurchased their company from content-to-commerce unicorn The Good Glamm Group for an undisclosed amount. Good Glamm initially invested ₹100 crore in Sirona in 2022 and concluded its acquisition in October 2024 for ₹450 crore in an all-cash deal. "Full circle moments are rare, but here we are," Deep said.

Tesla CEO Elon Musk is likely to launch the company's retail operations in India by April, starting with imports from its Berlin plant, CNBC-TV18 reported. Showroom locations have been identified in Mumbai’s BKC business district and Aerocity in Delhi. The initial plan includes introducing electric vehicle priced under $25,000 (more than ₹21 lakh) for the Indian market, the report added.

Ashneer Grover-led fantasy cricket platform CrickPe has halted operations within a couple of years of its launch. The fantasy platform, which was the first product of Grover startup Third Unicorn, was launched ahead of the start of the Indian Premier League (IPL) in 2023. However, it has stopped rolling out new contests.

The Ministry of Labour & Employment has entered into a partnership with APNA, a job recruitment platform. The partnership will bring over 10 lakh job opportunities annually to the National Career Service (NCS) Portal. The portal currently has more than 40 lakh registered employers and has processed 4.40 crore job openings since its launch.

The Good Glamm Group has sold ScoopWhoop to WLDD, a meme marketing firm. According to ET and The Morning Context, Good Glamm Group sold ScoopWhoop to WLDD in a deal valued at approximately ₹20 crore, a fifth of the ₹100 crore valuation at which Good Glamm Group acquired ScoopWhoop in 2021. Recently, Sirona Founders repurchased their startup from Good Glamm.

After battling cancer, Gujarat’s Radhika Iyer embraced Ayurveda and natural healing, leading her to launch Anahata Organic in 2020. Starting small, it grew into a thriving Vedic wellness brand with 250+ SKUs and global exports. Now generating ₹22 lakh/month, it targets ₹100 crore turnover, aiming for a 150-year legacy of sustainability.

The National Stock Exchange of India (NSE) has topped Axis Bank and Hurun India's list of most valuable unlisted companies in India as of 2024, with a valuation of ₹4.7 lakh crore. It's followed by Serum Institute of India, Zoho Corporation, Zerodha, Megha Engineering & Infrastructures, Parle Products, Intas Pharmaceuticals, Dream11, Razorpay and Amalgamations.

Former OpenAI CTO Mira Murati has launched a new AI startup named Thinking Machines Lab. Murati said the startup aims to make AI more accessible, personalised and open. The startup has a team of about 30 people, roughly two-thirds of whom previously worked at OpenAI. Former Meta and Mistral employees are also part of the team.

SpaceX made history after launching a rocket from Cape Canaveral, Florida, with its booster landing in the Bahamas. Taking to X, SpaceX CEO Elon Musk posted, "This is the first time that a rocket has taken off from one country, gone to space and landed in another country!" This mission marks SpaceX's ongoing efforts to revolutionise space explorations.

NVIDIA CEO Jensen Huang said markets misinterpreted the impact of Chinese startup DeepSeek's RI AI model on the chipmaker's business. "Market responded to R1, as in, 'Oh my gosh. AI is finished'," Huang said. Markets thought computing wasn't needed anymore but it's "complete opposite", he stated. NVIDIA's m-cap fell by $600 billion after DeepSeek's launch of its model.

Consumer electronics brand boAt plans to file a confidential draft red herring prospectus (DRHP) to raise ₹2,000 crore through an IPO, CNBC-TV18 reported. The company may seek a valuation exceeding $1.5 billion, but the final figures can still change, the report said. In 2022, boAt withdrew its IPO filing due to unfavourable market conditions.

Uday Kotak said animal spirits in India are fading as the young generation is more focused on managing family offices and investments rather than building businesses. "I firmly believe...the next generation must work hard and create businesses rather than becoming financial investors too early in life," Kotak said. "I'd love to see this generation be hungry for success," he added.

Saurabh Srivastava has rejoined co-living startup Housr as its Chief Business Officer. He previously worked with Housr for over three years as its Chief Growth Officer and CMO. Prior to joining Housr, Srivastava served as a senior executive across multiple companies including Jabong, MobiKwik, ixigo, Goodyear and Maruti Suzuki. He has over 20 years of experience in business growth.

Tata Sons has questioned subsidiary BigBasket over its slow growth in the quick commerce segment and called the lag a strategic mishap, ET reported. BigBasket has been asked to raise around $1 billion from external investors to stage a comeback. Tata Sons reportedly doesn't plan to lead the funding round and has asked BigBasket to onboard a large financial investor.