Tag: Tech Industry

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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Microsoft Plans More Layoffs, Focuses on Engineers

Microsoft is reportedly preparing for another round of layoffs by May, with the primary focus on reducing middle management and non-technical roles. The aim...

Tata Electronics, PSMC, Himax to Build Display Unit

Tata Electronics has signed a tripartite Memorandum of Understanding (MoU) with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies, Inc. to establish a...

Infosys Delays Trainee Assessments Amid Layoff Controversy

Infosys has postponed internal assessments for trainees by a week, citing the need to provide them with additional preparation time. The decision follows the...

Microsoft Enforces Performance-Based Layoffs

Microsoft has begun performance-based layoffs that result in immediate termination and no severance pay, a move aimed at strengthening its competitive edge. The action,...