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...
Madhya Pradesh Chief Minister Mohan Yadav has invited Toyota Motor Corporation to establish facilities in the state, highlighting its investor-friendly policies, skilled workforce, and...
The Indian government has disbursed ₹1,596 crore under the Production-Linked Incentive (PLI) scheme to six sectors during the first half of the current financial...
Singapore-based semiconductor equipment maker Grand Venture Technology Ltd. (GVT) is positioning itself as a key player in the burgeoning AI-driven chip industry. As global...
The Ministry of Electronics and Information Technology (MeitY) recently held an industry meet to foster collaboration and accelerate innovation in Rechargeable Battery Technology (RBT)....
The Ministry of Statistics and Programme Implementation (MoSPI) has released the findings of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24. Covering the...
The Ministry of Electronics and Information Technology (MeitY) has unveiled a series of ambitious initiatives aimed at strengthening India’s position as a global leader...
Steelbird Hi-Tech India, one of the country's leading branded helmet manufacturers, has announced the establishment of a state-of-the-art manufacturing facility in Hosur, Tamil Nadu....
In a significant step towards strengthening domestic manufacturing capabilities, Dixon Electro Manufacturing, a wholly owned subsidiary of Dixon Technologies (India) Limited, has signed a...
India’s economy is projected to reach approximately 6.5% in fiscal year 2024/25, aligning with the lower end of its earlier 6.5%-7% forecast, as global...
State-owned Bharat Petroleum Corporation Ltd (BPCL) has approved plans to establish a greenfield refinery and petrochemical complex in Andhra Pradesh. In an exchange filing,...
The Indian steel ministry has taken a significant step toward supporting the domestic steel industry by proposing a 25% safeguard duty on the import...
Hindustan Unilever (HUL) is taking significant steps to digitize its manufacturing ecosystem, making it future-ready. CEO & MD Rohit Jawa outlined these advancements in...
