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DATA CENTRE MARKET GROWTH
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...
Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 resultsSterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential up...
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...
Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
ETMarkets AIF Talk | Next-generation entrepreneurs will create India's biggest wealth opportunities: Hiren VedIndia's next wealth creation wave will emerge from new entrepreneurs in strategic sectors. These founders leverage advanced technologies to...
India among top five growth markets, centre of global strategy for Red HatIndia is currently at the centre of the company's global strategy, both as a critical market and a hub for engineering excellence, Navtej S...
Sterlite Tech Q1 Results: Profit skyrockets 870% YoY to Rs 197 crore as AI data centre orders lift earningsSterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre...
AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this yearIndia's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and...
Forget selling! FIIs doubled down on this AI multibagger stock that's up 200% YTDHFCL has emerged as a favourite among foreign investors, with FIIs more than doubling their stake to 15.7% in Q1 despite the stock surging ...
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 ...
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...
STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
HFCL to set up Rs 215-crore data centre connectivity products factoryHFCL's board approved a Rs 215 crore investment for a new manufacturing facility. This plant will produce advanced data centre connectivity...
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...
Delhi data centre fire sparks nationwide operations safety reviewThe Centre launched the exercise after last month's fire outbreak at a New Delhi data centre owned by Singapore's ST Telemedia and Tata Com...
Chipmaker IQE raises annual sales growth forecast on AI, data centre demandIQE has raised its full-year revenue growth forecast significantly. IQE upgraded its 2026 revenue growth forecast to above 30%, from 20% pr...
India emerges top bet for global realty capital, says Simon Shaw, Group CEO, SavillsIndia is emerging as a preferred destination for long-term global real estate investment amid geopolitical uncertainty, driven by its stron...
Residents hold protest against Amazon data centre in ThaneAmazon's large data centre project in Thane faces significant local and political opposition. Residents protested, citing concerns about no...
Protest held in Thane against proposed data centre over 'environmental threats'Hundreds protested a proposed data centre in Thane's Balkum area on Saturday. Protesters cited severe environmental and health risks from t...
AI's data centre boom is becoming a political problem across the globeAs governments race to attract AI investments, data centres are facing mounting opposition worldwide over their massive land, power and wat...