Acquisition of the Navi Mumbai site adds to rising data centre investments in MMR, where operators continue to secure land for future capacity expansion
As AI models become cheaper and more attractive, the report expects this to encourage new uses and higher volumes of use, eroding and possibly erasing any savings from efficiency advances
Leading the AI rally is Sterlite Technologies, up over 530% this year after securing a $1.1 bn US hyperscaler contract; Peers HFCL and MTAR Technologies have gained 191% and over 200%, respectively
The stock price of the telecom equipment & accessories company was frozen at the upper circuit for the ninth straight trading day, surging 55 per cent during the period.
The average trading volumes at Savita Oil stock counter jumped multi-fold with a combined 8.32 million shares representing 12% of total equity changing hands on the NSE and BSE.
A UN report warned that global data centres could consume 945 TWh of electricity by 2030, nearly triple the combined annual electricity use of Pakistan, Bangladesh and Nigeria
According to Perplexity, its upcoming hybrid AI system can automatically route tasks between on-device and cloud models, aiming to improve privacy, efficiency, and performance
Thus far in the calendar year 2026, Apar Industries has outperformed the market by surging 67 per cent, as compared to 13.4 per cent fall in the BSE Sensex.
Realty developer Anant Raj has signed an MoU with the Haryana government to invest Rs 20,000 crore in data centre infrastructure and create about 6,000 jobs
Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment
FY26 revenue grew 18 per cent Y-o-Y to ₹12,140 crore. Gross margins, which contracted in Q4, were up 60 basis points Y-o-Y to 36.8 per cent in FY26
Amazon Data Services India has acquired 10.6 acres in Palava, Thane, from Lodha Developers for Rs 125.13 crore as it expands its data centre presence in the Mumbai region
India's data centre market, valued at $5.55 billion in 2025, is projected to reach $13.11 billion by 2034, driven by digital transformation, cloud adoption and escalating AI workloads
Looking ahead, L&T's management expects sustained demand across infra, hydrocarbon, renewables, power T&D, power capabilities and water treatment in both domestic and international markets.
Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.
The Karnataka government is considering incentives for firms developing sustainable data centre technologies, including low-water cooling systems and renewable energy integration
A report by Avendus Capital estimates that India's data centre capacity will grow at a compound annual growth rate of 26% over the next five years, driven by AI infrastructure demand
Karnataka's upcoming data centre policy may incentivise firms developing innovative cooling, renewable energy and cable landing station solutions
India's data center market is projected to reach $31.36 billion by 2035, growing at a compounded annual growth rate of 13.37 per cent, according to Astute Analytica
The Andhra Pradesh government on Wednesday approved the allotment of over 800 acres of land in Vizianagaram district to Reliance Industries Ltd at a discounted rate of 25 percent for the establishment of a Giga Scale AI Data Centre (AIDC) with Cable Landing Station at an investment of over Rs 1 lakh crore. IT Secretary Bhaskar Katamneni directed Andhra Pradesh Industrial and Infrastructure Corporation (APIIC) and Vizianagaram district administration to identify an additional acre of land suitable for the Cable Landing Station (CLS). "The government accords approval for allotment of 854.97 acres of land in Vizianagaram district to Reliance Industries Limited, at a 25 percent discounted rateThe land allotment is intended for establishment of a Giga-Scale AIDC with CLS, with proposed cumulative investment of Rs 1.08 lakh crore," said Katamneni in a Government Order (GO). APIIC identified land for the mega project in Polipalli, Bhogapuram West and Bhogapuram East villages in Vizianagara