Tag: risk management

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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CSCRF Mandates SOC, Data Localization for Financial Firms

The Securities and Exchange Board of India (SEBI) introduced the Cybersecurity and Cyber Resilience Framework (CSCRF) in March 2024, marking a significant shift in...

EY and NVIDIA Launch AI Agentic Platform

EY has launched the EY.ai Agentic Platform, a cutting-edge AI-driven enterprise solution built in collaboration with NVIDIA. Designed to enhance tax, risk, and finance...

Citigroup to Cut IT Contractors by 30%

Citigroup has announced a major overhaul of its IT workforce, aiming to reduce its reliance on external contractors by 30% as part of a...

Financial Instruments: Safeguarding Success Through Strategic Risk Management

In the dynamic landscape of finance, risk management stands as a cornerstone for ensuring the stability and longevity of businesses. Within this realm, leveraging...