Page 5 - Data Centre

Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months

Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.

Tata Delhi data centre fire sparks data loss fears; Google Cloud disrupted

A fire at a Delhi data centre disrupted Google Cloud services and raised fears of major data loss for enterprise customers across India

Kolkata's revival depends on urban reform and revival, not industry alone

A revitalised Kolkata can once again become both the heart of the state and the growth engine of eastern India

Alpha Wave Global gets CCI nod to acquire stake in Bharti Airtel's Nxtra

Fair trade regulator CCI on Tuesday approved US-based Alpha Wave Global's proposed stake purchase in Nxtra Data, the data centre and cloud services arm of Bharti Airtel. Alpha Wave Global is acquiring a stake through Alpha Wave Ventures II, LP, a private equity fund co-managed by the alternative asset manager. The Competition Commission of India (CCI) said it has cleared the proposed deal. "CCI approves acquisition of certain shareholding in Nxtra Data Limited by Alpha Wave Ventures II, LP," the competition watchdog said in a post on X. In March this year, Bharti Airtel announced that its subsidiary Nxtra Data has secured USD 1 billion investment led by Alpha Wave Global, Carlyle and Anchorage Capital. Bharti Airtel, which will also participate in the investment round, will continue to retain a controlling stake in Nxtra. As part of the acquisition deal, Alpha Wave Global will invest USD 435 million, with the rest to be infused by Carlyle, Anchorage Capital and Airtel. After the

New products may bridge Kirloskar Oil's valuation gap with Cummins India

KOEL's push into high-horsepower engines, data centres and exports could support growth and help narrow its valuation discount to market leader Cummins India

UP eyes 9% of India's data centre capacity with ₹4.9 trn investment

Uttar Pradesh aims to attract ₹4.9 trillion in investments and emerge as a major data centre hub, backed by AI-focused, green digital infrastructure

RMZ plans $35 bn investment push, targets up to 3 GW data centre capacity

The real estate and investment firm is in advanced talks on three projects that would take its data centre capacity beyond 1 GW, with additional land acquisitions planned to support future growth

We want to be part of India's growth story: Meta's Santosh Janardhan

Meta sees India as a key hub for AI-driven infrastructure growth, with its upcoming Jamnagar data centre reflecting a long-term investment strategy

RR Kabel zooms 82% thus far in FY27; Motilal Oswal sees more upside

In the past one month, the stock price of RR Kabel surged 21 per cent, as against 2.5 per cent rise in the BSE Sensex.

Canada Pension Plan Investment Boards invests up to ₹7,000cr in CtrlS

Partnership includes an 8.2 per cent stake acquisition and a joint venture to develop hyperscale datacenter campuses across India amid rising AI and cloud demand

Jio IPO details, data centre strategy: Expectations from RIL's 49th AGM

RIL's annual report, according to CLSA, highlights the company's ambition to leverage AI offerings, plans to expand data centre capacity, along with progress in new energy.

The cloud has sound: The unrelenting and unseen cost of AI boom

The boxy industrial facilities house thousands of servers and chips to process billions of operations daily and store vast amounts of data

UN warns data centres to consume 1.3 billion people’s worth of power by 2030

AI is transforming the world—but at what cost? By 2030, data centres could consume more electricity than many countries and use enough water to meet the annual needs of 1.3 billion people.

Best of BS Opinion: When access becomes power

From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways

Best of BS Opinion: Why PM Modi must leave the past behind and look ahead

From China's bid to expand the renminbi's global role to India's data centre boom, Narendra Modi's next challenges and Pope Leo XIV's views on AI, here's the best of BS Opinion

India's data centre boom will succeed only if it stays sustainably green

Policy aspirations to becoming a big player in AI cannot be fulfilled without the necessary DC capacity

Why global technology firms are betting billions on India's data centres

Rising AI demand, abundant power, favourable policies and strategic geography are turning India into one of the world's fastest-growing data-centre markets

Google Cloud outage in India after fire at third-party data centre

The incident affected network traffic from Delhi, Chennai, Mumbai and nearby regions, causing periods ​of elevated latency, the company said on its status page

Meta deal, 49th AGM, stock at 52-week low: Why are analysts bullish on RIL?

Foray into green energy, data centres and reducing dependence on the oil & gas business augur well for Reliance Industries, says G Chokkalingam founder of Equinomics Research.

Google helps secure $35 billion funding for Anthropic data centres

Anthropic, the creator of Claude, is leasing powerful computer chips at five data centers with help from the long-established tech