Tag: Sridhar Vembu

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...
spot_img

Zoho ERP Targets India Growth Sectors from Kumbakonam Hub

Zoho Corp has entered the financial enterprise resource planning market with the launch of Zoho ERP, a unified platform designed for Indian enterprises seeking...

Vembu Warns of IT Reckoning

Zoho co-founder Sridhar Vembu has issued a stark warning about the future of India’s software and IT services sector, calling the current challenges a...

AI Isn’t the Problem, Inefficiency Is: Sridhar Vembu

Zoho Corporation founder Sridhar Vembu has weighed in on the shrinking software job market, arguing that inefficiencies, not artificial intelligence, are to blame. In...