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TAX HOLIDAY FOR DATA CENTRES
Govt proposes easier compliance for foreign firms using Indian data centresThe Taxation and other laws (Amendment) Bill, 2026, introduced in the Lok Sabha on Tuesday, reduces reporting requirements for foreign comp...- Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LSA groundbreaking bill has been introduced to boost foreign investment while fostering local manufacturing in India. By simplifying regulati...
- HSBC India profit rises 4% to $965 million in H1 2026, corporate and institutional banking drives growthHSBC India's profit before tax rose four percent in the first half of 2026. Higher revenue from corporate and institutional banking fueled ...
- Reconfigured tax laws to help activate investments, boost manufacturing & foreign capitalThe government is set to introduce the Taxation and Other Laws (Amendment) Bill, 2026, extending tax incentives for electronics manufacturi...
- Roll out the Durree for AI's AnnaDataIndia's data centre sector is attracting strong institutional investment, aided by infrastructure status, policy support and rising AI dema...
- Over 250 data centres in pipeline by 2030; to create 4.3 lakh jobs, drive housing demand: ReportBy 2030, India's data centre industry is set to create approximately 430,000 jobs, leading to a surge in housing demand in major cities. Wi...
- India proposes extending tax breaks for contract manufacturing in a boost for AppleIndia has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, ...
- New Tax Bill sweetens deal for electronics makers, global investorsThe Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...
- Data centres draw 40% of institutional capital in the June quarterData centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud exp...
- School holiday tomorrow, August 3: Will schools remain closed as IMD issues heavy rainfall alerts for several states?School holiday tomorrow, August 3: Heavy monsoon rains are forecast for several Indian states on Monday, August 3. Authorities are monitori...
- Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
- It’s cool, calm, collecting: Why data centres won’t cripple consumer availability of water and powerGlobal tech giants are investing billions in Indian data centers for digital sovereignty. These facilities are essential for India's nation...
- India may need $350-435 billion investment in AI, data centre infrastructure by 2030: ReportIndia requires substantial investment for its digital economy's infrastructure. AI adoption and cloud computing will drive significant data...
- Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
- 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...
- Brookfield sees 6.5 GW of AI data-centre capacity coming online in IndiaBrookfield expects 6.5 gigawatts of AI data-center capacity to emerge in India. This growth anticipates rising AI inferencing demand across...
- RMZ-Colt set to invest Rs 1.77 lakh crore in Andhra Pradesh data centreRMZ and Colt Data Centres will invest ₹1.77 lakh crore in a new data centre. This significant project is planned for completion in five pha...
- India data centre capacity to jump to 12 GW by 2030 as AI fuels demand: Wood MackenzieAI-dedicated capacity is expected to rise multifold to 6,546 MW by 2030 from 275 MW in 2025, while data centre electricity demand is foreca...
- Malaysia's resource anxiety tests Asia's fastest data centre build-outIn Johor, China's ZDATA told Reuters its data centre operates solely on treated wastewater, and it is finalising a renewable energy deal wi...
- India's data centre sector poised for growth, but land, power access issues remain: ReportIndia's data centre sector is set for significant expansion as rising artificial intelligence (AI) adoption, cloud computing and enterprise...
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