Amazon Web Services (AWS) has expanded its AWS Marketplace in India, aiming to provide local businesses with easier access to a wide range of cloud-based software products and services. This move is expected to accelerate cloud adoption among Indian enterprises by offering more localized solutions and simplified procurement processes. Amazon Web Services expands its AWS…
Qatar Airways has announced its decision to sell its holdings in Hong Kong’s Cathay Pacific for $896 million. The move marks a significant reshaping of Qatar Airways’ investment portfolio amid evolving global aviation market dynamics. Qatar Airways to sell its 9.6% stake in Hong Kong’s Cathay Pacific for $896 million, reflecting strategic portfolio realignment amid…
State Bank of India (SBI) has approved the sale of a 6.3% stake in its mutual fund arm, SBI Fund Management Private Limited, via an initial public offering (IPO). This strategic move aims to enhance capital efficiency and expand the fund house’s market presence. SBI plans to sell 6.3% stake in SBI Fund Management via…
ArcelorMittal, the world’s largest steel producer, announced a 31% rise in net income for the September quarter of 2025, reflecting strong operational performance amid challenging market conditions. The company’s robust financial results underscore its resilience and strategic focus on efficiency and growth. ArcelorMittal reports a 31% increase in net income for the September 2025 quarter,…
The Securities and Exchange Board of India (SEBI) has increased the anchor investor allocation in initial public offerings (IPOs) from 20% to 40%, aiming to enhance institutional investor participation and improve IPO subscription. The move is expected to provide greater stability and credibility to IPOs in the Indian capital markets. SEBI increases IPO anchor investor…
The Indian Space Research Organisation (ISRO) intends to delegate 50% of the development work for its Polar Satellite Launch Vehicle (PSLV) to an industry consortium, aiming to enhance collaboration with private players. ISRO Chairman V. Narayanan announced this strategic move to boost the domestic space manufacturing ecosystem and increase industry participation in satellite launch vehicle…
India’s Finance Minister Nirmala Sitharaman emphasized the urgent need for large, world-class banks to support the country’s economic growth and global competitiveness. Speaking on November 6, 2025, she highlighted the role of strong banking institutions in driving financial inclusion and economic resilience. Finance Minister Nirmala Sitharaman emphasizes India’s need for large, world-class banks to drive…
India’s Finance Minister emphasized the country’s need for numerous large, world-class banks to support its growing economy. Ongoing talks with the Reserve Bank of India and lenders focus on fostering the development of such institutions to enhance the financial sector’s global competitiveness. India’s Finance Minister highlights the need for many large, world-class banks as talks…
The regulatory authority has decided to maintain the voting cap on large shareholders of banks to prevent disproportionate control. This measure ensures balanced corporate governance and stability in the banking sector amid evolving market dynamics. Regulators confirm continuation of voting cap on large bank shareholders to ensure balanced governance and prevent control concentration in the…
Google has announced plans to establish a state-of-the-art artificial intelligence data center on Christmas Island, an Australian territory in the Indian Ocean. The facility aims to enhance AI computing capabilities while leveraging the island’s unique geographical advantages. Google plans a cutting-edge AI data center on Christmas Island, leveraging its location for advanced computing and sustainable…
