Total Revenue: $15.9 billion, up 11% from last year. Non-GAAP EPS: $1.70. GAAP EPS: $1.19. Total Cloud Revenue (SaaS + IaaS): $6.7 billion, up 27%. Total Cloud Services and License Support Revenue: $11.7 billion, up 14%. IaaS Revenue: $3 billion, up 52%. OCI Consumption Revenue: Up 62%. Cloud Database Services Revenue: Up 31%, annualized revenue
After a strong rebound in private capital expenditure in the two years following the pandemic, investment by private non-financial corporations stagnated in FY24. In contrast, capital spending by public non-financial enterprises jumped 33%, while central and state governments increased theirs by 25%. Private sector share in GFCF hits 12-year low The shift in momentum underscores
To comply with changed norms for getting interest-free capex loans from the Centre in 2025-26, states will seek modalities of uploading project details in the Public Financial Management System (PFMS) portal. Lack of knowledge in this regard is hindering states from providing the required information, which may lead to a delay in getting funds for
Hindustan Zinc, owned by Vedanta, has paused its demerger plans and is focusing on consolidating operations in India. The company is discussing a $1–1.1 billion (₹8,500 crore) phase-I growth capex, with Board approval expected within a month. Combined with similar investments in future, Hindustan Zinc aims to double its production to nearly 2 million tonnes