Tag: Nasscom

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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Trump Slaps $100K Fee on H-1B Visa, IT Firms React

In a move sending shockwaves through India’s $283 billion IT services industry, former U.S. President Donald Trump has proposed a $100,000 fee for new...

Nasscom Predicts Workforce Shift Amid AI Disruption

India’s technology sector is undergoing a fundamental transformation as artificial intelligence reshapes delivery models and client expectations. According to a recent statement by industry...

Snowflake, Nasscom to Train 1 Lakh in Data & AI

In a major boost to India’s digital workforce development, AI Data Cloud company Snowflake has partnered with Nasscom’s FutureSkills Prime, a joint skilling initiative...

Nasscom Predicts Artificial Intelligence Boom in India Across Key Sectors in 2025

India is set to witness a sharp rise in artificial intelligence (AI) adoption across key sectors in 2025, according to Sanjeev Malhotra, CEO of...