Tag: DPIIT

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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DPIIT Partners with Hafele to Boost Startup Manufacturing

The Department for Promotion of Industry and Internal Trade (DPIIT) has formalised a partnership with Hafele India to strengthen support systems for startups in...

ITC to Gain from Relaxed FDI Norms

The Indian government has relaxed rules regarding foreign direct investment (FDI) in sectors where it is otherwise prohibited, offering relief to companies like ITC...

DPIIT and Paytm Partner to Boost India’s Startup Ecosystem

The Department for Promotion of Industry and Internal Trade (DPIIT) has joined hands with Paytm (One97 Communications Limited) to foster innovation and accelerate the...

DPIIT Partners with Bhaane to Boost Manufacturing Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a MoU with the Bhaane Group, a subsidiary of Shahi Exports Pvt...

JK Cement, DPIIT Join Forces for Startups

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has partnered with JK Cement. This move...

DPIIT Partners with boAt to Accelerate Startup Growth and Innovation

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with boAt, one of India’s leading audio...