Tag: Enterprise Technology

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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Oracle Cuts 21,000 Jobs As AI Adoption Reshapes Workforce

Oracle has reduced its workforce by about 21,000 employees, or 13%, in fiscal 2026 as the cloud giant continued restructuring its business amid growing...

AMD Sees Hybrid Infrastructure as the Future of Quantum Computing

Quantum computing may be generating significant attention, but AMD’s latest messaging makes one thing clear: the future will not be quantum-only. Instead, the company...

AirTrunk to Build 3 GW Data Centre Campus in Maharashtra’s Raigad

Maharashtra has issued a Letter of Intent to AirTrunk for a massive data centre project in Raigad, marking one of the biggest digital infrastructure...

CIBC to Set Up GCC in Hyderabad as City Deepens BFSI Tech Hub Status

Canadian banking giant CIBC is set to establish its global capability centre in Hyderabad, adding fresh momentum to the city’s fast-growing reputation as a...

Anant Raj to Invest ₹20,000 Crore in Haryana Data Centre Expansion

Anant Raj Ltd has signed an MoU with the Haryana government to invest ₹20,000 crore in large-scale data centre infrastructure across the state, underscoring...

Deloitte Launches Quantum Centre at IIT Bombay to Help Enterprises Prepare for Quantum Adoption

Deloitte India has launched the Quantum Centre of Disruption for Enterprises, or QCoDE, at the ASPIRE Research Park on the campus of the Indian...

HP Plans Up to 6,000 Global Job Cuts as AI Strategy Expands

HP has announced plans to cut between 4,000 and 6,000 jobs globally by fiscal 2028, part of a multi-year restructuring effort aimed at simplifying...

IBM unveils AI integration tools to expand $6B AI business

IBM is strengthening its play in the crowded artificial intelligence space, unveiling new tools aimed at helping enterprises integrate and manage multiple AI agents...