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Redington shares rally 15% after Q1 profit surges 77%; revenue rises 35% YoYRedington Ltd shares surged after the company reported a strong Q1 FY27 performance, with net profit jumping 77% YoY to Rs 486 crore on rec...
France's Schneider Electric raises 2026 guidance on data-centre demandSchneider, once known primarily for industrial components like fuses and circuit breakers, now builds the backbone of data centres, suppl...
Xtranet Technologies shares list at 7% premium over IPO price on NSEXtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain...
Majority of stakeholders oppose bringing cloud services under Digital Competition Bill: StudyCUTS International (Consumer Unity & Trust Society) released two reports examining the competitive dynamics of India's cloud services marke...
Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
Amazon winds down most flagship AI models in strategy overhaul, Business Insider reportsAmazon is shifting its artificial intelligence strategy towards new frontier models. The company is deprecating many of its existing Nova A...
Krutrim trims staff again, this time by another halfThe fresh job cuts come just months after ET reported on May 6 that the Bhavish Aggarwal-led startup had abandoned much of its original ful...
Orange, Morrison plan French data centre venture to meet AI demandThe 50-50 venture would target 400 megawatts of capacity, nearly 10 times Orange's current level, and would be supported by a €3 billion ...
Global Markets: Japan's Nikkei rises as oil falls before key earningsJapan's Nikkei share average closed higher on Monday, boosted by lower oil prices. Investors remained cautious due to upcoming major earnin...
Japan's Nikkei trades sideways as investors await earningsJapan's Nikkei share average saw little direction on Monday. Oil prices dropped significantly after the US suspended attacks on Iran. Inves...
SAP trims 2026 profit goal, signalling cost of AI pushUnlike consumer AI tools, enterprise AI depends heavily on structured, secured and regulatory compliant company data. Vendors such as SAP ...
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
Anant Raj demerger: Data centre arm to spin out as separate listed company, what lies ahead for 4 lakh shareholdersAnant Raj will demerge its data centre and cloud businesses into a separately listed entity, Ashok Cloud, enabling shareholders to directly...
Anant Raj to demerge data centre arm into separately listed companyAnant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure com...