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Top headlines: Microsoft, Telangana seal deal; Budget may give tax breaks

Microsoft and the Telangana government have finalised a deal to set up a Rs 15,000-crore data centre in Hyderabad

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The Centre is considering a gradual phasing out of certain direct tax exemptions meant for corporate and personal tax payers in the upcoming Union Budget. More on that story in our top headlines this morning.

Microsoft, Telangana seal deal for data centre in Hyderabad 

US tech giant Microsoft and the Telangana government have finalised a deal to set up a Rs 15,000-crore data centre in Hyderabad. A 50-acre land near the city is believed to have been finalised and the project is expected to create around 300 jobs. According to sources aware of the development, a formal announcement is

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First Published: Jan 20 2022 | 7:34 AM IST

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