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DATA CENTRE ACQUISITION
KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billionIn a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuat...- Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit BharatThe government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner ...
- Adani Ports makes $3.3 billion play for Evos TerminalsAdani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across fiv...
- Sagility block deal: Promoter Sagility BV likely to sell 12% stake for Rs 2,377 croreSagility promoter Sagility B.V. is reportedly planning a 12% stake sale worth ₹2,377 crore through a block deal. The healthcare IT services...
- China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
- China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
- TPG pursues $5 billion acquisition of British data centre group Ark: FTGlobal alternative asset manager TPG is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of ...
- Waaree Energies Q2 Results: Profit falls 15% YoY to Rs 719 crore, revenue rises 24%Waaree Energies reported a 14.7% year-on-year profit decline to Rs 718.68 crore in Q2FY27, despite 23.9% revenue growth. Margin pressure pe...
- Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...
- Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fundThe fund, named Longshot Capital, has secured commitments of about Rs 300 crore and is targeting its first close in January 2027, following...
- From nasal delivery to sterile injectables: Biodeal Pharmaceuticals’ expansion plansBiodeal Pharmaceuticals is set to broaden its horizons with a state-of-the-art sterile injectables plant in Himachal Pradesh. This venture ...
- Cognizant to buy Australia's DyFlex in its 3rd deal of 2026Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition...
- AI is rewriting the rules of investment for India's big-ticket playersPrivate equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utiliz...
- Government plans to pare stakes in 4 PSU banks to 75%The Union government announced in the 2021-22 budget that, besides IDBI Bank, it would take up two public sector banks and one general insu...
- The Netflix story: Job cuts, exits, sinking stock, and the battle for viewership. A plot twist that isn't on screenNetflix faces a turbulent chapter as it grapples with stagnant subscriber growth and a notable drop in viewing hours. Recent high-stakes re...
- Fusion CX shares list at 6% premium over IPO priceFusion CX made its stock market debut after raising Rs 702 crore through its IPO. Strong subscription, rising profits, AI investments and e...
- Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimatesMeta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...
- KKR to invest over ₹6,000 crore in Petronas India RE armKKR plans to invest more than ₹6,000 crore in Gentari Renewable India, which is Petronas' renewable energy unit. The funding aims to suppor...
- Schneider Electric raises 2026 targets again on booming data centre demandSchneider Electric has achieved a record revenue of €11.46 billion in the third quarter, exceeding analyst projections. The company has adj...
- HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upsideNuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price of R...
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