Tag: India Tech

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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Sify Chennai, Noida Data Centers Achieve NVIDIA Certification

Sify Infinit Spaces Limited, the data center subsidiary of Sify Technologies Limited, has announced that its new AI-ready facilities in Chennai and Noida have...

Bengaluru Emerges as Global AI Talent Hub

Bengaluru has cemented its position as a preferred destination for global companies seeking remote artificial intelligence (AI) talent, emerging as the fourth most hired-from...

India’s $18B Bet on Semiconductor Industry

India is making a bold push into semiconductor manufacturing, committing $18 billion across five major projects to build a self-reliant chip industry. With favorable...

Assam to Produce ‘Made in India’ Chips by 2025: Vaishnaw

Union Minister for Information and Technology Ashwini Vaishnaw announced on Tuesday that semiconductor fabrication plants in Assam will begin delivering ‘Made in India’ chips...

Lightstorm Secures ₹700 Cr Funding from NIIF IFL for India Expansion

Lightstorm, a portfolio company of I Squared Capital, has secured ₹700 crore in funding from NIIF Infrastructure Finance Limited (NIIF IFL) to accelerate its...

India Allocates ₹10,000 Cr for AI and LLM Development

India is making significant strides toward developing its own large language model (LLM), with the government allocating ₹10,000 crore under its AI mission. This...

36% of Indian Enterprises Budget for GenAI: EY Report

A recent survey conducted by multinational professional services firm Ernst & Young (EY) revealed that 36% of enterprises in India have started budgeting and...