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Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
Zepto overtakes Instamart in order count, trails Blinkit in scale and profitabilityFor the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order va...
Customers will feast as Zepto to pour fuel into quick commerce fireZepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. T...
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...
Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
Here to win quick commerce, will become market leader in near-term: Samir Kumar, Amazon India chiefAmazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick...
Walmart investors reject AI workplace report as automation expands in the USWalmart investors on Thursday voted against a shareholder proposal asking it to report on how its use of AI is affecting the well-being of ...
Amazon unveils upgraded autonomous robot Proteus, expands Amazon Now in UKAmazon unveiled its next-generation autonomous robot, Proteus, designed to automate heavy lifting tasks and respond to natural language com...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Welspun One aims to lease 10 million sq ft over 3 yearsWelspun One is set to significantly expand its warehousing and industrial real estate operations. The company aims to lease over 10 million...
Ecommerce players to join hands for the Digital Commerce CoalitionLeading ecommerce players, including Eternal, Meesho, Amazon, Swiggy, and Zepto, have launched the Digital Commerce Coalition. This industr...
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
ED arrests 4 promoters in Rs 2,004-crore homebuyer fraud case involving over 19,000 buyersThe Enforcement Directorate has arrested four promoters of Earth Infrastructures Ltd. This action is part of a money laundering probe into ...
Amazon adds 10.6 acres to Mumbai data centre campus in Rs 125 crore dealAmazon Data Services India has acquired a significant land parcel near Mumbai. This expansion boosts its data centre capacity in India's la...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
Beyond fast-moving CGs for quick-comThe quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapples with daunting challenges. Comp...
Amazon invested $20 billion in UK in 2025Amazon invested over £15 billion in Britain in 2025, aligning with its $20 billion three-year investment plan through 2027. This spending s...