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DISTRICT COOLING DEAL
In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Delhi LG reviews heatwave relief operations; dedicated cooling zones set up across 8 districtsDelhi's Lieutenant Governor Taranjit Singh Sandhu reviewed heatwave relief efforts. Dedicated cooling zones and mobile heat relief units ar...
- 50,000 residents evacuated as Southern California officials trying to prevent explosion or leak from damaged chemical tankA chemical tank in Garden Grove, California, is overheating and venting vapors. This has led to the evacuation of 50,000 residents due to f...
- From expressways to airports: How infrastructure is reshaping real estate demand in IndiaTo maximise gains from an anticipated infrastructure development, the most crucial point to keep in mind while investing early is that pric...
- India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Bengaluru Weather: What happened to the city that never needed ACs? Bangaloreans askBengaluru Temperature: Bengaluru is experiencing a summer unlike any before. Temperatures are soaring, pushing residents to find innovative...
- Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources sayUS-Israel Iran War: Kuwait Petroleum Corporation is seeking offers for its oil pipeline network despite regional tensions. Macquarie has ex...
- Weather Bangalore: Intense heat eases as rains bring relief; IMD advisory issued, Belagavi flooding reportedBengaluru weather forecast today usually mild city saw intense heat, prompting an IMD cooling advisory after nearly two weeks of scorching ...
- Permira, Blackstone take $525 million minority stake in Dubai's Property FinderPermira and Blackstone Inc. are acquiring a $525 million minority stake in Property Finder, a Dubai-based classifieds firm, signaling stron...
- OpenAI CEO calls IYO’s trademark lawsuit ‘silly, disappointing and wrong’IYO, a hardware startup, has accused OpenAI of trademark infringement. This follows OpenAI’s announcement in May that it planned to move in...
- Fire destroys over 50 shops of wholesale market in Delhi's Chandni Chowk: PoliceMore than 50 shops were gutted in a massive fire in the wholesale market of Bhagirat Palace area in North Delhi's Chandni Chowk even as the...
- View: Canada’s wildfires are a warning to IndiaFor decades, scientists have warned that the climate crisis will increase the frequency and intensity of heatwaves. However, Canada is not ...
- Dubai's Nakheel eyes district cooling assets saleNakheel, the developer of the emirate's palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said tw...
- UAE's Tabreed is interested in Dubai airport district cooling deal: CEOTabreed has been on a shopping spree during the COVID-19 pandemic, snapping up assets in locations such as Abu Dhabi's Saadiyat Island, hom...
- Dubai's Majid Al Futtaim hires HSBC for sale of district cooling unit: SourcesDubai's Majid Al Futtaim (MAF), which develops shopping malls across the Middle East, is weighing the sale of its district cooling unit, fo...
- Lloyd sets up wind turbine tower facility in Gujarat at Rs 200 croreCooling products maker Fedders Lloyd Corporation (FLC) today announced its foray into wind turbine component sector.
- Hong Kong tycoon pays $233 mn for elite propertyOne of Hong Kong's richest tycoons has paid about 233 million US dollars for a property in the city's upmarket Peak area, confounding hopes...
- Blackstone offers Rs 240 cr for Prestige assetBlackstone has offered around Rs 230-240 crore to buy out southern realty major Prestige Group’s serviced apartment business managed by the...
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