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...
Tata Consultancy Services has acquired Coastal Cloud, a leading US-based Salesforce consulting firm, for $700 million in an all-cash deal. The acquisition marks TCS's...
India’s decades-long advantage in software services is at risk as AI-powered coding tools from OpenAI, Google, Anthropic and others rapidly increase in capability. Speaking...
LTIMindtree, a global technology consulting and digital solutions company, has secured a multi-year strategic contract worth just over $100 million with a leading U.S.-based...
India’s Global Capability Centre (GCC) workforce is projected to grow significantly over the next few years, reaching 3 million professionals by 2030, according to...
Amid ongoing market challenges and subdued demand, Indian IT major Infosys has reportedly laid off an additional 240 entry-level employees after they failed to...
Commerce and Industry Minister Piyush Goyal has urged India’s services sector to set its sights on surpassing merchandise exports in the next financial year,...
A new Forrester report forecasts that global technology spending will grow to $4.9 trillion by 2025, marking a 5.6% annual growth rate. The expansion...
