Data Centre

ABB India gains 4% on ₹620 cr investment plan; stock up 19% so far in CY26

ABB India share: Capacity expansion and new R&D labs should enhance technological capabilities, support export opportunities, and improve long-term growth visibility, says ICICI Securities.

Data centre demand to rise with data use, smart cities: Schneider Electric

Rising data consumption and the rollout of smart cities will drive demand for data centres in India, even as their energy use remains a small share of the overall power ecosystem

Oracle plans thousands of job cuts amid costly AI data centre expansion

The reductions being planned are expected to be wider-reaching than the company's typical rolling job cuts

TCS in 'advanced' talks for more AI data centers in India as demand rises

"We are having discussions with multiple other hyperscalers," said Chief Executive Officer K Krithivasan during an interview at the company's offices in London.

Govt says BIS norms for data centres, cloud and AI will boost uniformity

Centre says new voluntary BIS standards for data centres, cloud systems and AI ethics will help prevent low-quality imports, align India with global norms

Micron's ATMP plant a key first step in India's semiconductor ambitions

Micron's Sanand ATMP plant signals progress, but India's semiconductor ambitions hinge on scaling fabrication, talent, and supply-chain depth beyond mature nodes

India to see exponential growth in data centre business: WD sales director

Owais Mohammed of Western Digital forecasts strong growth for India's storage and data centre business, driven by AI workloads, hyperscalers, and government incentives for long-term investment

Sterlite Technologies hits over 2-year high; stock price doubles in 5 weeks

Sterlite Technologies rallied 9% to ₹172.65 on the BSE in Monday's intra-day trade in an otherwise weak market, and quoted at its highest level since September 2023.

India must build its own AI models and strengthen data sovereignty: Experts

India will need to prioritise building its own foundational artificial intelligence (AI) models and strengthen data sovereignty safeguards to reduce dependence on foreign technologies, experts said.

BS Manthan: Experts urge green data centre policy as AI power use surges

India will need to factor in the green energy component in its data centre policy framework as the country’s ever-expanding digital footprint

BS Manthan 2026: How AI is forcing a green rethink for data centres

As AI drives power-hungry data centres, experts urge India to embed renewable and green norms into its data centre policy to ensure sustainable digital growth

The data centre rush: India must ensure that investment is sustainable

There are reasonable questions that must be asked alongside this understandable enthusiasm. The availability of water and electricity, for example, looms large in any discussion on data centres

AI-led data centre boom lifts power demand in western, southern India

Year-on-year power demand has risen about 3 per cent, led by AI-driven data centres and GCC clusters in southern and western India, signalling higher peak electricity needs in 2026

AI forcing a rethink on data centre needs, say experts at BS Manthan

GPU-led AI workloads are increasing data centre power use up to tenfold, forcing companies to rethink energy sourcing, efficiency, and long-term renewable power strategies

Sterlite Technologies zooms 90% in 1 month; why telecom stock in demand?

As on Q3FY26, STL's open order book stood at ₹5,325 crore, and a robust order pipeline provides strong revenue visibility and reinforces growth outlook for the year, the management said.

India can emerge as key APAC data hub, must leverage renewables: Deloitte

India has the potential to emerge as a key data centre hub in the Asia Pacific region, provided it can resolve complex power and grid challenges and align renewable integration with rapid digital growth, according to a Deloitte report. While India accounts for nearly 20 per cent of global data consumption, it hosts less than 5 per cent of the world's data centres, underscoring significant headroom for expansion, said Debasish Mishra, Chief Growth Officer, Deloitte South Asia, dwelling on details of the report brought out at India AI Impact Summit. India, he said, has a "rare structural opportunity" to emerge as one of the world's leading data centre hubs. Structural advantages such as lower construction and land costs, competitive power tariffs and a large AI-skilled workforce position the country favourably. Policy support is also strengthening, with Budget 2026-27 proposing a tax holiday until 2047 for foreign companies offering cloud services globally from India, along with ...

Rich Insights from Grant Thornton’s tax expert

In this session, Richa Sawhney, Partner – Tax, Grant Thornton Bharat talks about the new tax rules, business implications and gives tips to students aspiring to be in tax advisory roles

Power stocks in demand: ABB, Siemens, Hitachi, Torrent soar up to 8%

According to Hitachi Energy, the Union Budget lays out a strong roadmap for technology-led growth with higher public capital expenditure and a clear push for AI data centers and advanced manufacturing

India may attract $200 bn in data centre investment by 2030: Deloitte

Deloitte says India could see transformative data centre growth supported by policy and renewables, but warns that power supply, grid stability and planning gaps may constrain expansion

RIL smartly deploying cash war chest to ride AI boom; analysts remain bullish

Meanwhile, at the bourses, in the last one year, RIL stock has outperformed the market by rising nearly 17 per cent compared to the 12 per cent rise in the Nifty 50 index, data shows