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Intellect Design Arena shares plunge over 15% after weak Q4 earningsIntellect Design Arena shares plunged over 15% to Rs 930 in Friday's trade on BSE after the company reported disappointing earnings for the...- India growth outperforms peer markets for data centre operator Equinix“An elevated growth rate in India is quite likely over the coming years as we expand into new markets and continue to invest in them,” Char...
- Exclusive interview with Prosus CEOToday we bring you an exclusive interview with Bob van Dijk, CEO of Prosus, which announced on Tuesday that it would pay a whopping $4.7 bi...
- Apple under siege; PhonePe opens up its payments dataA day after South Korea's parliament approved a bill that forces Apple and Google to allow third-party payments on their app stores, an Ind...
- Equinix completes acquisition of GPX Global India, appoints Manoj Paul as MDEquinix had in August last year announced the $161-million, all-cash deal to mark its entry into India’s data centre market, which is growi...
- The backend workers in the battle against Covid-19: Data centre staffData centre providers were able to offset the additional expenditure due to a sudden surge in demand for data storage and computing capacit...
- Edge Data Centers Enable Enterprises to Achieve Digital Efficiency
- Blackstone in talks to buy minority stake in India’s SifyThe communications infrastructure firm has sought a valuation of around $1 billion to $1.2 billion in a transaction.
- Indian data centres got $396 million investments in 2020, $9.5 billion waiting to be put in: StudyAccording to a report by Mumbai-based property consulting firm Anarock, India’s data centres received $977 million in private equity and st...
- Data centre operators plan edge expansion, say India could be a regional hubWith better connectivity, infrastructure, and reliable power, India could attract more investments from global companies that have been loo...
- Equinix acquires GPX’s India data centres for 1.2k croreThe acquisition will help extend Equinix’s presence to India with two data-centre campuses in Mumbai. Equinix will get access to customers ...
- Equinix expands into India with acquisition of GPX India data centersThe acquisition is expected to close in the first quarter of 2021 subject to customary closing conditions including regulatory approval, th...
- GPX India launches Open Cloud Exchange in MumbaiThis will allow enterprises to seamlessly connect to multiple cloud providers via a single port, accelerating their cloud adoption and esta...
- Decoding the CX ChallengeCompanies are finding it increasingly tough to meet the expectations of the new-age customer. We try to find out more about their customer ...
- GPX Global Systems opens data centre in MumbaiThe new data centre, GPX Mumbai2, will expand this ecosystem by utilising new technologies to enhance the proven design and electrical-mech...
- Looking to cash in on Internet & data consumption growth in India: Gurdeep Singh, RCom"We have also now started evaluating the monetisation plans for the RITL. We are hopeful of some tangible results over the coming quarter."
- PE firm Kohlberg Kravis Roberts leads race to buy stake in Alliance Tire GroupIf completed, this would be KKR's second buyout in India. In 2006, it paid $900 mn to acquire the Indian business of Flextronics.
- Government approves 4 FDI proposals worth Rs 280 crThe government today said it has approved 4 foreign direct investment (FDI) proposals, including that of IT giant Wipro, totalling Rs 280 c...
- Blackstone, KKR, Advent, TPG, Standard Chartered PE and Temasek in race for Warburg’s 70% stake in Alliance Tire6 bulge bracket PE funds have been short-listed to purchase a 70% stake owned by private equity fund Warburg Pincus in the unlisted Allianc...
- Carlyle, Bain Capital & Blackstone approached for Warburg's 70% stake in ATGSome global funds with negligible India presence like JPMorgan’s One Equity Partners are also likely to be sounded out.
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