Page 3 - Data Centre

Why Budget tax sops to attract foreign investment upset Indian data centres

The new Budget provides for tax sops to attract more foreign investments in India's data centres. So why are some Indian players upset?

Oracle plans 20,000-30,000 job cuts to fund data centre expansion

Employees linked to data centres and non-core units are likely to be most at risk

Latent View Analytics rallies 8%, trades higher for 3rd day; here's why

The Data & Analytics industry is positioned for continued robust growth, driven by organizations' increasing recognition of data as a critical competitive advantage.

E2E Networks, Anant Raj surge up to 10% on tax holiday for cloud services

In comparison, the benchmark NSE Nifty50 was trading almost flat at 24,832.95 levels.

Budget 2026: Tax holiday for foreign Cloud cos using data centres in India

Budget 2026 proposes tax holiday till 2047 for foreign cloud firms using Indian data centres, aiming to position India as a global AI and hyperscale data hub

Budget 2026: Calibrated approach anchors atmanirbhar India vision

The proposed Rs 10,000 crore MSME Growth Fund reflects the government's intent to participate as an equity partner in their growth

Anant Raj stock price soars 14% on heavy volumes in weak market; here's why

As India emerges as a global hub for data centre expansion, driven by rapid data consumption and adoption of cloud reforms, Anant Raj is well-positioned to capitalise on the emerging opportunities.

Eco Survey: AI strategy must be grounded in economic realities, not scale

Chasing scale, building large LLMs for own sake not useful for India

Eco Survey flags strain on grids, groundwater due to AI data centres

India's AI data centre boom risks power grid volatility and groundwater depletion, prompting calls for urgent policy on energy and water use

Meta inks $6 bn deal with Corning for AI data center fiber cables: Report

Corning's optical connectivity products are among key components required to support the massive computing and data transmission demands at data centers

India 8th among 11 countries in investment in AI: WEF white paper

US, Singapore, S Korea and China are the top four, it says

Budget 2026 can catalyse India's journey towards becoming global data hub

With long-term capex needs, the data centre sector is seeking a stable, predictable tax regime in Budget 2026 to boost investor confidence and position India as a global data hub

L&T Vyoma conducts ground breaking ceremony of its 40MW data centre

The Mahape facility is part of a planned 100 MW campus and L&T Vyoma's roadmap for over 200 MW across key hubs, with direct-to-chip liquid cooling to support high-density AI workloads

Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park

The developer said the additional investment will support a 2.5 GW green integrated data centre park in the Mumbai region, expected to create over 16,000 jobs and host global players

Madhya Pradesh holds investment talks with global firms at WEF Davos

The Madhya Pradesh government announced plans to prepare a green energy-based policy to ensure adequate and sustainable power supply for IT and data centre projects

Trump wants tech giants to fund power for AI data centres; they'd love to

Under Trump's plan, grid operator PJM Interconnection LLC will hold an auction for tech companies to bid on 15-year contracts for new electricity generation capacity

Hungry for power: Rise of data centres fuels concerns over energy infra

India's fast-growing data centre sector is emerging as a major new driver of power demand, prompting questions over grid capacity, energy sourcing and long-term infrastructure readiness

Tech giants must bear cost of data centre electricity, says Trump

In a Truth Social post, he added that while the data centers "are key" to the artificial intelligence boom, the "big Technology Companies who build them must 'pay their own way"

Responsible growth: India must ensure data centres are sustainable

India's production of over 1.5 million engineering graduates annually and its share of more than 20 per cent of the workforce for global semiconductor design reinforce this appeal

Elon Musk's xAI to build record $20 billion data centre in Mississippi

Elon Musk's artificial intelligence company xAI is set to spend USD 20 billion to build a data centre in Southaven, Mississippi, Gov. Tate Reeves has announced, calling it the largest private investment in the state's history. The data centre, called MACROHARDRR, is being built in Mississippi's DeSoto County near Memphis, Tennessee. It will be the company's third data centre in the greater Memphis area. xAI CFO Anthony Armstrong said the cluster of data centres will house the world's largest supercomputer" with 2 gigawatts of computing power. The announcement comes as xAI faces scrutiny over its data centre projects in the Memphis area. The NAACP and the Southern Environmental Law Center have raised concerns over air pollution generated by xAI's supercomputer facility located near predominantly Black communities in Memphis. A petition by the Safe and Sound Coalition, a Southaven group opposing xAI's developments, calls for shutting down xAI's operations in the area and has received