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...
Facial Recognition and Fingerprint Verification to Replace PIN for Seamless Digital PaymentsIn a landmark move to strengthen digital payment security and convenience, India is...
In a significant move to strengthen India’s financial security framework, the Financial Intelligence Unit-India (FIU-IND) and the Reserve Bank of India (RBI) have signed...
In the wake of recent concerns over accounting lapses and isolated failures, Reserve Bank of India (RBI) Governor Sanjay Malhotra asserted on Wednesday that...
The Reserve Bank of India (RBI) has announced a $10 billion dollar/rupee forex swap auction scheduled for February 28, aimed at injecting durable rupee...
Finance Minister Nirmala Sitharaman emphasized the importance of coordination between the government's fiscal policy and the Reserve Bank of India’s (RBI) monetary measures to...
Following the Reserve Bank of India's (RBI) initiative to enable invoicing and payments for international trade in rupees and other local currencies, 123 correspondent...
The Reserve Bank of India (RBI) has introduced an exclusive ‘.bank.in’ internet domain for Indian banks as part of measures to enhance digital security....
The Reserve Bank of India (RBI) conducted the first phase of its ₹60,000 crore liquidity infusion program on Thursday by purchasing government securities (G-Secs)...
Fintech firm Cred has become the first non-bank entity to roll out access to India’s central bank digital currency (CBDC), marking a significant step...
