Adani Enterprises Q3 Results: Cons PAT surges 97 times YoY to Rs 5,627 crore on one-time gain, revenue up 9%Adani Enterprises Q3 Results: Adani Enterprises reported a 97 times jump in its December quarter consolidated net profit at Rs 5,627 crore ...
03 Feb, 2026, 03.50 PM IST
Tax ‘edge’ for foreign firms puts local data centre companies on edgeA Budget proposal offering a 20-year tax holiday for foreign data centre investors has raised concerns among Indian companies. They warn it...
03 Feb, 2026, 06.00 AM IST
Amazon says AWS cloud service is back to normal after outage disrupts businesses worldwideA global AWS outage disrupted thousands of websites and apps, including major platforms like Snapchat and Reddit, due to issues with its US...
21 Oct, 2025, 06.47 AM IST
Amazon's AWS struggles to recover after major outage disrupts apps, services worldwideA major outage hit Amazon Web Services, impacting popular apps like Snapchat and Reddit. Thousands of websites and businesses faced disrupt...
20 Oct, 2025, 10.51 PM IST
AWS just crushed Vertiv? Stock tanks over 6% after Amazon’s bold cooling moveVertiv Holdings stock fell following Amazon Web Services' announcement. AWS introduced its cooling hardware for Nvidia's AI chips. This mov...
11 Jul, 2025, 01.45 AM IST
What are data centers that all major technology companies are building; what are the pros and cons of a data centerMajor technology companies such as AWS, Microsoft, and Google are making significant investments in data centres to support AI and cloud co...
09 Jan, 2025, 09.54 PM IST
As data centers proliferate, conflict with local communities followsAs data centers like Plaza 500 expand into suburban neighbourhoods, residents like Richard Newman in Virginia face upheaval, fearing enviro...
05 Dec, 2024, 07.33 PM IST
Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives sayThe server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia, Amazon executive Rami ...
25 Jul, 2024, 11.06 PM IST
AWS India to contest tax demand on cloud incomeThe department has contended that receipts from cloud computing services were in the nature of royalty and fee for technical services and w...
15 Mar, 2023, 02.10 PM IST
Startups meet Rajeev Chandrasekhar to discuss Silicon Valley Bank crisis; Ola offers to replace S1 scooter part amid customer complaintsAs startups and investors across the world scramble to get their money out of the failed Silicon Valley Bank, Indian startups met the minis...
14 Mar, 2023, 06.23 PM IST
Income Tax department issues Rs 549-crore tax demand notice to AWSThe tax department detected that AWS was charging a fee for providing cloud computing services to Indian entities but not paying tax on it,...
14 Mar, 2023, 08.53 AM IST
AWS announces public sector partnerships in IndiaThe US firm also announced the second cohort of the Quantum Computing Applications Lab (QCAL), in collaboration with the Ministry of Electr...
09 Sep, 2022, 05.46 PM IST
Amazon hikes Prime membership fees in US as wages, costs riseShares rose as much as 17% in extended trade as Amazon also beat profit expectations for the holiday season. If shares increase on Friday b...
04 Feb, 2022, 09.01 AM IST
Amazon's strong Q4 numbers spark 17% rally in stockFor the holiday quarter, Amazon earned $14.3 billion, double its net income from a year earlier. That included a pre-tax gain of $11.8 bill...
04 Feb, 2022, 07.22 AM IST
Microsoft sees cloud business growth, but supply woes continue for XboxContracts for cloud services provided by Microsoft, Amazon.com Inc's AWS and Alphabet Inc-owned Google Cloud have surged since last year wh...
27 Oct, 2021, 10.06 AM IST
Post pandemic digital thrust and government policy are driving rapid growth in data centres: ETILC MembersThe data centre segment is an extremely capital intensive one and payback periods are long. Thus, even going forward, it is large players w...
15 Jun, 2021, 07.16 AM IST
Amazon Web Services witnessing strong uptake of its services from startups in IndiaAmong the key sectors where the firm is witnessing a lot of momentum are fintech, healthcare, e-commerce, and logistics.
10 Dec, 2020, 05.17 PM IST