Tag: data centre

Why KKR, Singtel and Tata Are Selling Their India Data Centre Business

KKR, Singtel and the Tata Group plan to sell STT Global Data Centres India (STT GDC India). They are its key shareholders. The sale could be one of the largest data centre deals in India. According to a report in The Economic Times, the multi-billion-dollar sale comes amid a global rush to add data centre capacity. Hyperscalers and infrastructure providers are driving that rush. STT...

Binance Loses $3.64 Billion in Net Outflows as Customers Rush to Move Funds After Record Hack

Binance recorded $3.64 billion in net outflows after it reopened withdrawals on Sunday. The reopening followed a $6.3 billion hack. Customers rushed to move their funds off the world’s biggest crypto exchange. The Numbers Between 6 a.m. and 3:30 p.m. UTC on Nov. 1, Binance processed $4.65 billion in withdrawals and $1.01 billion in deposits. The exchange shared the figures in a post on X. The net...
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Budget 2026: Cloud Tax Holiday Extended to 2047; IT Safe Harbour Threshold Rises 10x

The Union Budget 2026 has extended a 21-year tax holiday, valid until 2047, for foreign cloud service providers that use Indian data centres to...

IndiaAI Mission Allocated ₹1,000 Crore in Budget 2026

The Union Budget 2026 has allocated ₹1,000 crore to the IndiaAI Mission, lower than the ₹2,000 crore provided in the previous year. Actual expenditure...

Andhra Pradesh Signs ₹15,000 Crore MoU for 300 MW Data Centre in Vizag

The Government of Andhra Pradesh has inked a ₹15,000 crore memorandum of understanding (MoU) with Tillman Global Holdings, a U.S.-based digital infrastructure company, to...

Lodha and Maharashtra to Build ₹30,000 Cr Green Data Centre Park

Maharashtra Industrial Development Corporation (MIDC) has signed a Memorandum of Understanding (MoU) with real estate developer Lodha to establish a ₹30,000 crore data centre...

Google to Invest ₹52K Cr in Vizag Data Centre

Tech giant Google is preparing to make its largest infrastructure investment in India yet, with plans to build a 1 gigawatt (GW) data centre...

India’s Data Centre Growth Hits New High in 2025

India’s data centre market is witnessing unprecedented growth, with the first half of 2025 seeing 162 MW of new IT capacity added and 212...

Chhattisgarh CM Lays Foundation for AI Data Park

Chhattisgarh Chief Minister Vishnu Deo Sai on Saturday laid the foundation for the country’s first Artificial Intelligence (AI)-based data centre park in Sector-22 of...

Microsoft Cloud Growth Slows Due to Data Center Shortages

Microsoft Corp. has cautioned that its Azure cloud division will see slow growth in the current fiscal quarter due to insufficient data center capacity...

L&T Wins Order for Uzbekistan’s First AI Data Centre

Larsen & Toubro (L&T) has won a significant contract to construct Uzbekistan’s first AI-enabled and sustainable data centre in Tashkent. The 10-megawatt facility will...