July 2026 – Page 56 – SRK Analytics

LTIMindtree Forecasts AI Revenue to Outpace Core Business Growth as Enterprise Demand Surges

Mumbai-based global technology consulting and digital services firm LTIMindtree announced this week that its artificial intelligence business segment is poised to expand at a significantly faster rate than its core…

Prasenjit Bhowmik July 14, 2026

Business Insights

Madhya Pradesh Secures ₹40,000 Crore Investment at Tech Growth Conclave 3.0

On Monday, July 13, the Madhya Pradesh state government secured investment commitments totaling nearly ₹40,000 crore during the highly anticipated MP Tech Growth Conclave 3.0 in Bhopal. Chief Minister Mohan…

Prasenjit Bhowmik July 14, 2026

Startup

How GoKwik Transformed From a Checkout Tool Into India’s D2C Powerhouse

In October 2024, Indian e-commerce enablement platform GoKwik solidified its position as a dominant force in the Direct-to-Consumer (D2C) ecosystem, completing its transformation from a niche checkout tool into a…

Prasenjit Bhowmik July 14, 2026

Startup

Augmodo Secures $21M to Expand Spatial AI Smartbadges Beyond Retail

Seattle-based spatial AI startup Augmodo has secured $21 million in fresh funding to expand its wearable "Smartbadge" technology beyond retail aisles and into the broader physical workforce, including warehouses, factories,…

Prasenjit Bhowmik July 14, 2026

Economy

RBNZ Warns of Aggressive Corporate Pricing as Fuel Shocks Threaten Further Rate Hikes

The Reserve Bank of New Zealand (RBNZ) warned financial markets on Wednesday in Wellington that domestic businesses are now passing rising operational costs directly to consumers with unprecedented speed. Triggered…

Prasenjit Bhowmik July 14, 2026

Business Insights

Fed Governor Christopher Waller Warns Interest Rates May Stay Higher for Longer Amid Stubborn Inflation

Federal Reserve Governor Christopher Waller warned on Wednesday that the central bank may need to hold interest rates at their current high levels for longer than expected, or potentially raise…

Prasenjit Bhowmik July 14, 2026

Emerging Market

Alibaba Agrees to $600 Million Settlement with DOJ Over Illicit Product Sales

On Wednesday, Chinese e-commerce giant Alibaba Group Holding Ltd. and its U.S.-based payment processor agreed to pay a combined $600 million to resolve Department of Justice (DOJ) allegations that they…

Prasenjit Bhowmik July 14, 2026

Economy

Kia Issues Second Recall for 460,000 Tellurides After Previous Fire Risk Fix Fails

Kia is issuing an urgent new recall for more than 460,000 Telluride SUVs in the United States after a previous recall failed to eliminate a serious risk of fire, federal…

Prasenjit Bhowmik July 14, 2026

Business Insights

Elevation Capital Launches $500 Million Fund Dedicated to AI Startups

On Tuesday, prominent venture capital firm Elevation Capital officially launched a new $500 million investment fund dedicated entirely to early-stage artificial intelligence (AI) startups. Operating out of its key financial…

Prasenjit Bhowmik July 14, 2026

Economy

India’s Wholesale Inflation Surges to 9.87% in June as Food Prices Climb

India's wholesale inflation accelerated to a higher-than-expected 9.87% in June, driven primarily by a sharp spike in food and primary article prices. The Department for Promotion of Industry and Internal…

Prasenjit Bhowmik July 14, 2026