Moody's Predicts India's Economic Growth to Surpass 6.5% in FY26
Moody's forecasts India's GDP growth to exceed 6.5% in FY26, driven by government spending, tax cuts, and monetary easing. After a mid-2024 slowdown, growth is expected to reaccele...
Business News
Adobe's Q1 2025 Revenue Hits $5.7 Billion, Marking a 10% Year-over-Year Increase
Adobe Inc. reported a 10% increase in Q1 2025 revenue to $5.7 billion, matching estimates. CEO Shantanu Narayen highlights Adobe's strategic positioning in the AI-driven creative e...
Arun Mammen Takes the Helm at ATMA: A New Era for India's Tyre Industry
Arun Mammen, VC & MD of MRF, has been elected as the new chairman of ATMA, with Hiroshi Yoshizane of Bridgestone India as vice-chairman. This leadership change heralds a new era fo...
IDRBT Unveils IBCART 3.0: A Leap Forward in Cybersecurity for the Banking Sector
The Institute for Development and Research in Banking Technology (IDRBT) has launched IBCART 3.0, an upgraded cybersecurity platform in collaboration with Quick Heal Technologies. ...
FTC Seeks Postponement in High-Stakes Amazon Prime Membership Trial Amid Resource Challenges
The Federal Trade Commission has requested a delay in its trial against Amazon.com Inc due to resource constraints. The trial, set for September 22, involves allegations of Amazon ...
Bessemer Venture Partners Launches $350 Million Fund to Fuel India's Next-Gen Startups
Bessemer Venture Partners secures $350 million for its second India-focused fund, targeting early-stage startups in AI, cybersecurity, digital health, fintech, and consumer brands,...
British American Tobacco Secures $2.5 Billion in Debt Offering for Strategic Growth
British American Tobacco p.l.c. (BAT) has priced its debt securities, raising $2.5 billion. The funds will be used for general corporate purposes, including debt repayment. Despite...
Apple Faces Secret UK Court Hearing Over Access to Encrypted Customer Data
Apple is challenging a UK government order for access to encrypted customer data in a secret court hearing. The case, involving national security concerns, pits privacy against sec...
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