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 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...
PB Fintech Ltd., the parent company of insurance brokerage platform Policybazaar, has announced a ₹696 crore investment into its subsidiary PB Healthcare Services Pvt...
Singapore’s state investment firm Temasek has acquired a nearly 10% stake in Haldiram’s, one of India’s most well-known snack brands, for $1 billion, valuing...
The Department of Investment and Public Asset Management (DIPAM) has invited bids from merchant bankers to assist in the stake sale of public sector...
India's major auto component manufacturers are expected to invest ₹25,000-₹30,000 crore in the next fiscal year to expand capacity, localize production, and develop EV...
Volvo Group has announced a ₹1,400 crore investment to expand its manufacturing footprint in Karnataka. The company signed a Memorandum of Understanding (MoU) with...
The Production Linked Incentive (PLI) Scheme for specialty steel has attracted investment commitments of ₹27,106 crore, the government informed Parliament on Friday. Out of...
India continues to shine as a top destination for global investment and economic confidence, according to PwC annual CEO survey, unveiled during the World...
The Indian government has approved four major semiconductor manufacturing projects under the Semicon India Programme. This initiative aims to reduce dependency on imports, boost...
Maiva Pharma, a prominent player in the pharmaceutical industry, is embarking on a transformative journey with a recent infusion of ₹1,000 crore in funding....