Coal India has filed DRHPs for IPOs of subsidiaries BCCL and CMPDI, both structured as offers for sale. Proceeds will go to Coal India. CMPDI posted strong FY25 results, aiming to boost market visibility. IPOs will list on NSE and BSE.
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%
Amazon Web Services (AWS) surpassed Wall Street’s cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI