Topic
billion
Trade India Smartphone Exports Surge 23% to $9.8 Billion in Q1 Driven by iPhone Shipments
According to Business-Today, India's smartphone exports rose 23.4% year-on-year to $9.8 billion in the first quarter (April-June), the highest ever. The growth was driven by strong iPhone shipments to the US, which accounted for 71% of export value in April-May. Industry estimates project exports could reach $35 billion in FY27, up from $29 billion in FY26.
Business From Amazon, ABB to Google, AirTrunk & More: Global Giants Commit Billions of Dollars to India
Global companies including Amazon, AirTrunk, ABB, CPP Investments, and Saint-Gobain have announced cumulative investments worth tens of billions of dollars in India, focusing on AI, cloud infrastructure, data centers, and manufacturing. The commitments underscore India's growing importance as a long-term growth market despite global economic uncertainties.
Technology From Tea Town to Frankfurt: The Human Story Behind Nagarro's $1 Billion Rise
Nagarro co-founder Manas Human's journey from Dibrugarh to leading a $1 billion digital engineering company. The article covers his background, Nagarro's growth trajectory, its unique culture, and the pending acquisition by Persistent Systems.
Technology Qualcomm Acquires AI Chip Software Startup Modular for Nearly $4 Billion
Qualcomm announced the acquisition of chip startup Modular for nearly $4 billion in stock, including $300 million for employees. The deal brings Modular's software platform that lets AI code run on different chips, and signals Qualcomm's push into data center AI. Modular was founded by Chris Lattner and Tim Davis, and raised $250 million nine months ago.
Commodities U.S. Approves $5B Offshore LNG Export Platform Amid Historic Regulatory Mileston
Federal regulators have approved the first-ever offshore LNG export terminal, a $5 billion project by Delfin Midstream. The platform, located 40 miles off Louisiana, will eventually export 1.8 billion cubic feet per day. Other stories include Amazon's LTL expansion, countervailing duties on Chinese and Mexican trailers, and a 30% surge in cargo theft.
Commodities Kpler Secures $1bn Investment for Strategic Growth
Kpler, a leader in maritime analytics, has secured over $1bn from Sixth Street to enhance its market position and product offerings. This investment supports Kpler's expansion into new markets and strengthens its role in global trade intelligence.