Tata Group-owned airline said that the move is expected to help Air India save $1 million annually
"Securing this onshore loan in India would diversify our funding sources and help us to optimise our funding costs," said Sanjeev Dasgupta, CEO of CLINT
Edge data centers are built close to the users, allowing them to provide a smooth transmission of data to the users
The data centre industry is estimated to get investments of up to Rs 45,000 crore till the end of FY26, a domestic credit ratings agency said on Wednesday. The higher investments will be on account of demand for data and storage, Crisil Ratings said in a note. Large enterprises are increasingly embracing cloud solutions, which is fuelling the surge in demand for data centres, the agency said, adding that rising usage and adoption of Over-The-Top (OTT) platforms is driving up retail data consumption. It said mobile data traffic alone has risen at an annual rate of 45 per cent over the last five years. The newly launched 5G services will amplify data consumption among retail users even further, which will produce data that will finally be stored in data centres, the agency said. Moreover, there is an enhanced regulatory emphasis on local storage of personal data as stipulated under the Digital Personal Data Protection Act as well as through policies formulated by some of the sector
Company expects to hire more than 1,000 people, especially senior leaders
According to reports, India is poised to create a trillion-dollar economic value from the digital economy by 2025
Based in Navi Mumbai, the new data centre sits on a land parcel of 15 acres and is capable of supporting 120 Megawatts (MW) of IT power capacity
Technology solutions company CIPL on Monday said it has signed a Rs 137 crore agreement with government-owned bank note and security paper manufacturer SPMCIL for setting up two data centres. "A landmark agreement, named 'PRAGAMAN' worth Rs 137 crore was signed between Security Printing and Minting Corporation of India Limited (SPMCIL) and Corporate Infotech Pvt. Limited (CIPL), Noida for establishing two data centre," CIPL said in a statement. The data centres which include "primary and disaster recovery" will be set up at Noida and Hyderabad, CIPL said. The project would witness the upgradation and migration of the current setup of SPMCIL to the latest technology in order to obtain better throughput in terms of speed, accuracy and efficiency, it said. SPMCIL has been engaged in manufacturing of currency and bank notes, security paper, non-judicial stamp papers, postal stamps and stationery and travel documents, among others. CIPL said it has executed a number of critical project
Data localisation and cost efficiency are among the key factors driving the demand for data centres in India
Infrastructure needed to power companies is expanding around India and upgrading technology that's environment-friendly
The transaction is subject to regulatory approvals and is expected to complete in around 3 months
IT services major Wipro on Monday announced the partnership of its FullStride Cloud subsidiary with Pure Storage to drive sustainable technology in its data storage and data centres. The collaboration is aimed at providing efficient strategies to minimize the environmental impact, thus driving a more sustainable data centre footprint, according to the company's statement. The two companies will incorporate the best practices in sustainable technology by improving direct carbon emissions in data storage systems and increased power efficiency, it added. Stephanie Trautman, Chief Growth Officer at Wipro Limited said, Together with Pure Storage, we're helping to meet (customer) need in the area of data storage and in data centres." The company's approach involves assessing, identifying, implementing, and monitoring sustainable technologies that optimize resource utilization and manage down waste, emissions, and energy impacts, she added. Wipro launched its FullStride Cloud Services in
Sify Infinit Spaces Ltd, a subsidiary of Sify Technologies, an integrated ICT solutions and services provider has entered into an agreement with KDCF for the expansion of new data centres, a company official said on Monday. Following the agreement, KDCF would invest approximately USD 73 million in the form of compulsory convertible debentures of Sify Infinit Spaces Ltd. "Sify and Sify Infinit Spaces Ltd, a wholly owned subsidiary of Sify which operates its data centres have entered into an agreement with KDCF on July 20,2023, under which KDCF will invest upto Rs 6000 million (approximately USD 73 million) in the form of compulsory convertible debentures of SIS," Sify Technologies Group CFO and ED, M P Vijay Kumar said. Sify Inifinit Spaces Ltd would use the proceeds from the issue of the debentures for the expansion of new data centres, including land acquisition, investment in procuring alternate source of power and repayment of debt, he said in a company statement. Sify Technolog
The company's data centre capacity now stands at 205 MW of IT power
Joint venture says Indian and international banks have committed financing for the project
The framework will finance two data centers with an aggregate capacity of 67 MW including one in Chennai with Phase 1 of 17 MW and another in Noida of 50 MW
Chipmaker AMD on Tuesday announced various new products and strategies that aim at steering its next course of data centre innovation. AMD unveiled a new lineup for a series of updates to its 4th Gen EPYC family of multi-core microprocessors and shared details on next-generation AMD Instinct Accelerator and Software Enablement for Generative AI (Artificial Intelligence). With this AMD grows its leadership Data Center Portfolio with New EPYC CPUs and shares details on Next-Generation AMD Instinct Accelerator and Software Enablement for Generative AI. The semiconductor maker introduced the World's Most Advanced Accelerator for Generative AI. "AMD also revealed new details of the AMD Instinct MI300 Series accelerator family, including the introduction of the AMD Instinct MI300X accelerator, the world's most advanced accelerator for generative AI," it said. It also showcased the ROCm software ecosystem for data centre accelerators, highlighting the readiness and collaborations with ..
This comes at a time when the company has been increasing its focus on the data centre business in the country
The proposed facility will be a Tier-3 facility and will have a capacity of 32 MW of IT load and is projected to be operational in the second half of 2025
Located mostly in key cities, the carrier hotels allow the companies to collect, process, and then route the data in one place. Here is all you need to know about them