Data Centre

Finolex Cables hit a new 52-week high of ₹1,398.55, gaining 3.4% on the BSE in Thursday's intra-day deals, and has surged 15% in the past four trading days.

The proposed 170-acre campus in Ranga Reddy district will support 1,200-1,600 MW of IT load, with cumulative investment potentially rising to ₹1 trillion

Broadband technology company Sterlite Technologies has said it aims to grow the company's revenue manifold to Rs 20,000 crore by FY29. Sterlite Technologies Ltd (STL) posted consolidated revenue from operations of Rs 4,745 crore in the financial year 2025-26, according to a regulatory filing. "Today, we are very proud to announce Lakshya, STL's growth ambition for FY29. Under Lakshya, we're targeting Rs 20,000 crore revenue by FY29, while building STL into one of the largest global players for digital connectivity," STL Managing Director Ankit Agarwal said in an investor meet held on September 3. According to the transcript of the meeting shared by the company, Agarwal said that the ambition of project Lakshya is to transform the scale and position of STL, build on the strength of the company's core, stronger economics, deeper customer relationships, and a larger role in the world's rapidly expanding digital infrastructure. He said that there are now more places where optical ...

India's AI data-centre boom is intensifying concerns over water and power use, highlighting the need for policies that balance rapid digital infrastructure growth with sustainability

AI customers are shifting from buying infrastructure to seeking business outcomes, boosting demand for end-to-end AI solutions in India

TCS subsidiary HyperVault has selected Hyderabad for a 1 GW AI data centre campus, with investments of up to ₹70,000 crore planned by the company and its partners

Sterlite Technologies is targeting ₹20,000 crore revenue by the FY29 vs ₹4,750 crore FY26 - roughly 4x growth and EBITDA margin targeted to rise from 13% in FY26 to >27% in FY29.

Despite billions of dollars in announced data centre investments, India's GDP gains may remain limited by 2030 as high import dependence curbs domestic value addition and job creation

The state currently accounts for 66 per cent of India's data centre capacity and is targeting 5.7 GW by 2032 as it pursues a $1 trillion economy by 2030

At the same time, the tech industry is trying to blunt a backlash against data centers that threatens to slow down the buildout.

Hiranandani Group-backed data centre operator is also looking to raise capital from private equity firms through a pre-IPO funding round

Today's opinions examine TCS' AI-era dealmaking, Himalayan climate risks, women's unpaid burden in livestock, India's water use and private equity's growing role in healthcare

India's water crisis has been created by decades of treating water as free. Prosecuting the newest useralone would be a policy failure

The deal will also include ordering another 45,000 of Nvidia's GB-300 GPUs (part of the Blackwell family architecture), which are currently the latest on offer by the company

Over $300 billion in investment commitments to drive capacity expansion, with developers eyeing expansion in Delhi-NCR, Hyderabad mkts

AM Intelligence, part of the group that owns renewable energy producer Greenko Group Plc, has placed a binding order under its broader $8-billion plan to set up 1-gigawatt of computing capacity

Rapid growth in artificial intelligence workloads will see data centres use 774 terawatt-hours of electricity by 2030, around 6 per cent of China's total projected consumption, according to a report

Data centres, renewable energy and urbanisation are driving corporate credit demand, while gold loans and borrowers from smaller cities are fuelling retail growth, its ​chief executive said

The fact that investment-grade rated projects are tapping junk debt investors to get at least some bond deals done underscores the feverish competition for capital

The Andhra Pradesh government on Saturday approved AM AI Factory Pvt Ltd to set up a 512-MW green integrated AI data centre in Visakhapatnam district, involving an investment of over Rs 31,387 crore. The facility, proposed to be set up at Amanam village in Bheemunipatnam mandal, is expected to generate employment for up to 1,000 people, IT Secretary Bhaskar Katamneni said in a Government Order. "The government, after careful examination... hereby accords approval to AM AI Factory (Vizag) Pvt Ltd for the establishment of a 512-MW Green Integrated AI Data Centre Facility... within a period of two years and four months," Katamneni said in the GO. Under the non-fiscal incentives for the project, the state government will provide power infrastructure support and ensure water supply, among other facilities, while fiscal incentives will include exemption from stamp duty and electricity duty, the GO said.