Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country.
TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...
Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
India’s expanding e-commerce market has attracted some of the world’s biggest digital retailers, but that growth has come with increasing legal and regulatory challenges....
Amazon has laid off several hundred employees within its Amazon Web Services (AWS) division as part of an internal restructuring effort. The job cuts,...
Amazon CEO Andy Jassy has told employees that generative AI will reshape the company’s workforce, potentially reducing the number of corporate roles over the...
Amazon has laid off approximately 100 employees in its devices and services division, the team responsible for innovations such as the Kindle, Echo smart...
Amazon is set to eliminate 14,000 managerial positions by early 2025 as part of an aggressive cost-cutting strategy aimed at saving between $2.1 billion...
Amazon has introduced Ocelot, its first in-house quantum computing chip, marking a significant step in the company’s efforts to develop highly efficient quantum hardware....
The Ministry of Development of North Eastern Region (DoNER) is collaborating with Amazon and two other companies to promote Bamboo products in both domestic...
Amazon has announced a significant commitment of up to $230 million to support startups developing generative AI-powered applications. This investment, with $80 million allocated...
