Tag: gig economy

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...
spot_img

Govt-Swiggy Pact to Create 12 Lakh Jobs

In a significant move to bolster India’s gig economy, the Ministry of Labour & Employment signed a Memorandum of Understanding (MoU) with Swiggy on...

India’s Quick Commerce Workforce to Reach 500,000 by 2025

India's quick commerce (Q-Comm) industry is witnessing an unprecedented expansion, driven by rising consumer demand for faster deliveries and the entry of new market...