Data Centre

L&T looks to scale up modularisation to boost project execution

EPC major sees a $100-150 billion modularisation opportunity over five years as skilled labour shortages, high costs and remote locations pose execution challenges

Nabfid sanctions over ₹3,000 crore loans for data centres amid AI push

The facilities from the National Bank for Financing Infrastructure and Development, or Nabfid, have a moratorium of as much as five years, with repayment over the following 10 years

EQT to invest $50 billion in India by 2030, $30 billion in data centres

Swedish private equity firm expects data centres to draw $30 billion, with the balance allocated to renewable energy and private equity investments across India by 2030.

Power minister discusses nuclear roadmap, AI power infrastructure with US

Manohar Lal and US Energy Secretary Chris Wright reviewed cooperation on clean energy, resilient infrastructure, nuclear power and emerging technologies during talks in Houston

Govt assuages concerns over impact on water supplies amid data centre surge

In the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman had announced a tax break until 2047 for companies setting up data centres

Wall Street's data centre boom is reshaping the real estate bond market

Data-centre CMBS issuance has topped $17 billion since 2025, forcing investors to assess risks ranging from power constraints and opaque tenants to rapidly ageing technology

Finolex Cables stock on 4-day winning run; up 100% from Feb low

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.

Fortune to set up ₹60,000 cr hyperscale AI data centre park in Telangana

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

STL targets ₹20,000 crore revenue by FY29 under 'Lakshya' growth plan

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 ...

Data centres turn to air cooling to ease India's water woes: Is it enough?

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

End-to-end AI solutions need of hour: Netweb's Swastik Chakraborty

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

TCS selects Hyderabad for HyperVault's 1 GW AI data centre campus

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

STL hits 5% upper limit on Growth Roadmap FY27-29; up 786% from CY2026 low

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.

India's data centre boom may add just 0.13% to GDP by 2030: Moody's

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

Maharashtra sees over $300 bn investment interest in data centres

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

Data centre spending to reach $31.6 trillion by 2050 on AI boom

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

Yotta Data Services likely to file draft IPO papers as early as October

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

Best of BS Opinion: TCS acquisition highlights changing dynamics in AI era

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

Data centres aren't India's water villain

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

Yotta to order 50,000 Nvidia Vera Rubin GPUs for $7.5 billion

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