Tag: BFSI

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

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 Rises 23.2% as Almost Every Large Deal Now Includes AI

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...
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Prasenjit Roy on AI-Led Enterprise Transformation in India

Indian enterprises have made significant progress in digitization over the past decade, accelerated further by cloud, data, and AI adoption. However, true transformation goes...

India’s Bank Fraud Losses Triple Even as Cases Fall

RBI’s Annual Report 2024–25 shows a sharp disconnect between the number of bank frauds and the money being lost. The total value of bank...

Deutsche Börse Opens Global Value Centre in Hyderabad

Deutsche Börse Group, one of the world’s largest capital market technology providers, has inaugurated its Global Value Centre (GVC) in Hyderabad, India — a...

Razorpay CEO Lauds India’s Digital Payment Leadership at Davos

India's fintech sector is making waves on the global stage, with Razorpay CEO Harshil Mathur underscoring the country’s unparalleled advancements in digital payments at...