News
WWDC 2026 to focus on Siri overhaul; i Phone Pro Max leaks hint at new updates
3+ hour, 19+ min ago (292+ words) Fortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40 Apple has announced that its annual Worldwide Developers Conference 2026 will take…...
India emerges as world's third-most active fintech market in 2025, trailing only US and UK
2+ mon, 23+ hour ago (365+ words) India ranked as the third-most active fintech market globally in 2025, recording 226 financings and trailing only the United States and the United Kingdom, according to the FT Partners 2025 Annual Fin Tech Almanac. The United States led global activity with 1, 661 deals, followed…...
Blackstone-backed Air Trunk acquires Lumina Cloud Infra, marking India entry
6+ hour, 15+ min ago (336+ words) Fortune India Air Trunk, a Blackstone-backed, Australian hyperscale data centre company, announced the acquisition of Lumina Cloud Infra, an India-focused developer of large-scale data centres, marking its entry into the country Lumina's operations are across three Tier 1 markets in India…...
India's maiden 3 D chip packaging unit gets "1, 943 crore push in Odisha; 70, 000 panels, 50 million units output planned
12+ hour, 31+ min ago (347+ words) Fortune India In a significant step towards building a domestic semiconductor ecosystem, the Ministry of Electronics and IT on Saturday oversaw the groundbreaking of India's first advanced 3 D semiconductor packaging facility in Bhubaneswar, Odisha The "1, 943. 53 crore project'backed by central and…...
India AI picks 10 startups for global accelerator as 55, 000-strong ecosystem targets overseas scale
1+ day, 16+ hour ago (250+ words) India's artificial intelligence ambitions are getting a global push, with 10 startups selected for the second cohort of the India AI Startups Global Acceleration Programme, even as the country's broader startup base crosses 55, 000 ventures. The initiative, part of the India AI…...
Iran strike damages Amazon cloud facility in Bahrain
2+ week, 4+ day ago (488+ words) An Iranian strike has reportedly damaged a cloud computing facility operated by Amazon Web Services in Bahrain, marking a escalation in the ongoing West Asia conflict as critical technology infrastructure comes under direct fire. Bahrain's interior ministry said its civil…...
Why Microsoft, Amazon, and Google are betting billions of dollars on AI use-cases in India
3+ mon, 2+ week ago (515+ words) Fortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight....
Amazon launches AI store; electronics growth holds despite rising cost pressures
3+ day, 10+ hour ago (682+ words) Amazon India is doubling down on artificial intelligence (AI) in consumer electronics, launching a dedicated AI store as demand for smarter devices accelerates across the country, including smaller towns. The move comes at a time when the company says AI…...
India smartphone sales drop 9% in early 2026 as price hikes weigh on demand
2+ week, 1+ day ago (259+ words) India's smartphone market began 2026 on a subdued note, with sales declining 9% year-on-year in the first nine weeks, according to Counterpoint Research's India Weekly Smartphone Sell-out Tracker. The slowdown was driven by supply-side pressures, particularly rising memory component costs, along with…...
Federal Bank unveils digital-first brand identity as national ambitions grow
3+ mon, 1+ week ago (238+ words) Federal Bank launched its refreshed brand identity, "The Fortuna Wave," on Tuesday, as the 94-year-old lender looks to shed its image as a regional Southern bank and appeal to a younger, mobile-first audience. The new visual identity, unveiled in Mumbai…...