Tag: #finance

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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Key Fact Statement Guidelines: RBI Enforces Transparent Fee Structures for Loans

The Reserve Bank of India (RBI) has issued a crucial notification related to Key Fact Statement, aimed at safeguarding borrower interests by enforcing transparency...

Digital Banking: Changing Consumer Preferences and Behaviors

In today's rapidly evolving financial landscape, digital banking has emerged as a transformative force, reshaping the way consumers manage their finances. With the rise...

Financial Instruments: Safeguarding Success Through Strategic Risk Management

In the dynamic landscape of finance, risk management stands as a cornerstone for ensuring the stability and longevity of businesses. Within this realm, leveraging...

Decentralized Finance: Strategic Insights for Indian Leadership

In the ever-evolving financial landscape, Decentralized Finance (DeFi) stands out as a transformative paradigm, leveraging blockchain to create an open, peer-to-peer financial ecosystem. Eliminating...

Financial Processes in 2024: The Digital Revolution Unveiled

In the dynamic landscape of finance, the year 2024 stands witness to a transformative shift as organizations fully embrace digital transformation. Here's a closer...