FY25 saw record IPO and QIP fundraising, but most capital hasn’t fueled new projects. Like FY24, funds largely went to debt repayment, general expenses, or promoter exits via OFS. With private investment still below 11% of GDP, hopes of a capex-driven economic revival remain premature.
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