Tag: Budget 2025

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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FDI inflow witnessed revival in FY 2024-25

India’s Union Budget 2025-26 focuses on fostering inclusive growth, improving fiscal stability, and enhancing the nation’s global economic standing. Finance Minister Nirmala Sitharaman unveiled...

₹20 Lakh Crore Credit Boost Announced for MSMEs

The Union Budget 2025 has unveiled a ₹20 lakh crore credit allocation aimed at bolstering India's Micro, Small, and Medium Enterprises (MSMEs) sector. This...

SBI Research Proposes New Tax Regime Reforms

As the Union Budget 2025 approaches, a report by SBI Research has proposed sweeping reforms to India’s taxation system. Released ahead of Finance Minister...