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Singapore/Lucknow, Feb 23 (PTI): Singaporean companies will scale up their presence in Uttar Pradesh, Prime Minister Lawrence Wong emphasised after he met Chief Minister Yogi Adityanath on Monday and the Indian leader secured investment pledges amounting to Rs 6,650 crore on the first day of his visit to the Southeast Asian nation. Companies from his country were investing in Uttar Pradesh in various sectors, particularly logistics, connectivity, and infrastructure development, and there was po ...Read More >
Lucknow: On the first day of his visit to Singapore, Uttar Pradesh Chief Minister Yogi Adityanath on Monday secured three memoranda of understanding (MoUs) worth Rs 6,650 crore with Universal Success Group for investments in group housing, a logistics park and a hyperscale data centre in the state, officials said on Monday. The proposed projects are expected to generate more than 20,000 jobs and further strengthen the state's industrial and urban infrastructure, the government said in a stateme ...Read More >
NEW DELHI: INDIA is discussing age-based restrictions with social media companies, IT minister Ashwini Vaishnaw said Tuesday, following moves by Australia and other countries to ban young teens from popular platforms. Vaishnaw, speaking at a global artificial intelligence conference in New Delhi, also said stronger rules were needed on deepfakes, while hailing an expected $200 billion in AI investment over the next two years. Australia has since December required TikTok, YouTube, Snapchat and ...Read More >
NEW DELHI (AP) - India is hosting an artificial intelligence summit this week, bringing together heads of state, senior officials and tech executives to New Delhi for a five-day gathering highlighting the growing global importance of the technology. Organizers said the India AI Impact Summit is the first such summit being held in the Global South to discuss the technology developed and dominated by wealthy companies based in rich countries. It comes at a pivotal moment as AI rapidly transforms ...Read More >
New Delhi [India], December 17 (ANI): India's real estate market is entering a structurally stronger and more investment-driven phase, with equity capital inflows touching record levels and demand broadening across asset classes and geographies, according to a report by real estate services and investment firm CBRE. Equity capital inflows into India's real estate sector rose 14 per cent year-on-year to a record USD 10.2 billion during the first nine months of 2025. Investments are expected to r ...Read More >
India's real estate sector is poised for robust growth in 2026, driven by strong domestic consumption and sustained investor confidence. The market is expanding across commercial, residential, and industrial segments, with alternative asset classes like data centers and co-living attracting significant institutional interest. Evolving workplace strategies and infrastructure development are key growth drivers. India's real estate sector is set to enter 2026 with renewed momentum, supported by re ...Read More >
Three marquee U.S. investments totalling USD 67.5 billion have recently been announced in India, highlighting the scale and depth of India-U.S. technology and economic engagement. Google has unveiled a USD 15 billion investment to build a 1GW AI-powered data centre campus in Visakhapatnam -- its largest outside the United States -- creating a major AI and subsea-connectivity hub and significantly strengthening India's digital infrastructure, while also raising considerations around water and po ...Read More >
Global energy technology leader, Schneider Electric, has unveiled a multimodal centre at the Federal Polytechnic of Oil and Gas, Bonny Island, Rivers State, designed to ease commuting challenges and provide students with convenient access to examination facilities. The centre is Schneider Electric's response to a critical educational need in Nigeria and underscores the company's commitment to advancing the United Nations Sustainable Development Goals, particularly Quality Education and Decent W ...Read More >
New Delhi, Dec 16 (PTI) Artificial Intelligence has emerged as humanity's most powerful force for progress, Manish Gupta, Senior Director of Google DeepMind said on Tuesday adding that AI's evolution will drive significant shifts including accelerating scientific discovery and augmenting human capabilities. The senior executive at Google DeepMind, the tech giant's premier AI research lab, emphasised that India is at the forefront of utilising Artificial Intelligence to solve real-world, tangibl ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) India's industrial and warehousing market remained resilient in 2025, with cumulative demand across the top eight markets reaching 26.5 million square feet in the first nine months of the year, reflecting an 11 per cent year‑on‑year increase, a report said on Tuesday. The report from Colliers said that annual demand could reach 30--40 million sq ft, with new supply likely to remain elevated at 35-40 million sq ft in 2025. Third‑party logistics (3PL) players c ...Read More >
New Delhi [India], December 16: Schneider Electric, a global energy technology leader, recently inaugurated its new office in Gurugram, Haryana, reaffirming its long-term commitment to India's growth and innovation. The facility was inaugurated in the presence of Mr. Manish Pant, Executive Vice President - International Operations, Schneider Electric, Mr. Deepak Sharma, Zone President - Greater India, MD & CEO, Schneider Electric India, H E Mr. Thierry Mathou, Ambassador of France to India. Als ...Read More >
VMPL New Delhi [India], December 16: Schneider Electric, a global energy technology leader, recently inaugurated its new office in Gurugram, Haryana, reaffirming its long-term commitment to India's growth and innovation. The facility was inaugurated in the presence of Mr. Manish Pant, Executive Vice President - International Operations, Schneider Electric, Mr. Deepak Sharma, Zone President - Greater India, MD & CEO, Schneider Electric India, H E Mr. Thierry Mathou, Ambassador of France to India ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) Antique Stock Broking on Tuesday initiated coverage on Adani Power Limited (APL) with a 'Buy' rating, setting a target price of Rs 187 per share. With the stock currently trading around Rs 144, the brokerage sees an upside potential of about 30 per cent, driven by strong earnings visibility, large capacity expansion plans and improving balance sheet strength. In its report, Antique said Adani Power is entering a multi-year earnings upcycle, supported by a sha ...Read More >
During a press conference on energy sector, Goyal, former Power and New & Renewable Energy minister, said there is sufficient power capacity in the country. He said that the 500GW grid is one of the largest in the world. Union Minister Piyush Goyal on Monday said India is a preferred destination for data centres as the country has no dearth of electricity and its 500GW national grid can take care of surge in demand. During a press conference on energy sector, Goyal, former Power and New & Rene ...Read More >
New Delhi, Dec 15 (SocialNews.XYZ) Union Minister of State for Science and Technology Jitendra Singh introduced the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, in Parliament on Monday, marking a major step to open the nuclear industry to private players with the aim to help the country achieve 100 gigawatt (GW) of nuclear power capacity by 2047. The proposed legislation seeks to repeal the Atomic Energy Act, 1962 and the Civil Liability f ...Read More >
Image source: Ministry of Power (GODL-India), GODL-India , via Wikimedia Commons India's unified national power grid and aggressive expansion of renewable capacity have positioned the country as a premier destination for hyperscale data centers and Global Capability Centers (GCCs), Commerce and Industry Minister Piyush Goyal said on Monday. Speaking to reporters in New Delhi, Goyal emphasized that the country's 500-gigawatt (GW) integrated grid -- one of the largest single-frequency networks i ...Read More >
* Earlier this week, Microsoft said it will invest US$17.50 billion in India from 2026 to 2029 to expand AI and cloud infrastructure, including new data centers, sovereign cloud options, and large-scale skilling programs tied to national digital platforms. * The move underlines how central India's huge developer base and digital public infrastructure have become to Microsoft's AI ambitions and competition with global cloud rivals. * We'll now explore how this record India AI and cloud build-ou ...Read More >
Reliance Industries is establishing a 1 GW AI data center in Andhra Pradesh, a significant investment following Google's similar commitment. This modular facility, powered by a planned 6 GW solar project, will host advanced AI processors. The deal also includes plans for a greenfield integrated food park, bolstering the state's target of 6 GW data center capacity. Reliance Industries will establish a 1 GW AI data centre in Andhra Pradesh. This is the second big-ticket investment commitment from ...Read More >
Mumbai: Adani Enterprises, the flagship company of the Adani Group, is gearing up for another round of major value unlocking by listing multiple subsidiaries-including airports, metals, roads, and data centres-between 2027 and 2031, according to sources aware of the development. Over the next three years, the company expects several large assets to mature, setting the stage for fresh listings. This follows the trajectory from 2016 to 2020, when a host of companies under the incubator-Adani Tota ...Read More >
Ahmedabad, Nov 4 (SocialNews.XYZ) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Tuesday reported robust results for the July-September quarter and the first six months of the current fiscal (FY26), clocking an impressive 84 per cent increase in Q2 net profit at Rs 3,199 crore. The AEL Board approved a partly paid-up rights issue of Rs 25,000 crore for strengthening its balance sheet further to support the next phase of incubation. Consolidated EBITDA stood at Rs 7,68 ...Read More >
New Delhi [India], October 31 (ANI): Jefferies, in its latest report, highlighted that it favours the Chinese approach to artificial intelligence (AI) over the US approach, citing structural advantages in China's energy capacity and the open-source model driving innovation. The report said that China's open-source approach to AI is expected to lead to an "inference boom" as entrepreneurs develop targeted and cost-effective AI use cases. "The open-source model should lead to an inference boom a ...Read More >
India's data centre capacity is set for significant growth. Projections indicate a doubling by 2027 and a potential fivefold increase by 2030. This expansion is driven by factors like data localisation laws and rising cloud adoption. Major investments are planned, including Google's AI infrastructure hub in Andhra Pradesh. This surge promises to bolster India's digital infrastructure. India's data centre capacity will double by 2027 based on under-construction capacity, and may increase five ti ...Read More >
New Delhi [India], October 27 (ANI): Energy-intensive artificial intelligence (AI) data centers are expected to drive a sharp rise in power consumption, with data center power usage projected to increase by 160 per cent by 2030, according to a report by Goldman Sachs. The report noted that after nearly a decade of flat power demand growth, the emergence of AI-driven data centers is set to transform the global energy landscape. It stated "data center power usage is expected to increase +160 per ...Read More >
While India continues to attract record levels of foreign investment and corporate expansion, Pakistan has witnessed a steady retreat of global firms... While India continues to attract record levels of foreign investment and corporate expansion, Pakistan has witnessed a steady retreat of global firms across sectors. This contrast reflects not only macroeconomic trends but also the underlying business culture, regulatory frameworks, and institutional capacity that shape investor confidence and ...Read More >
New Delhi, Oct 26 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about USD 12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships. A new wholly-owned subsidiary, Reliance Intelligence will spearhead the conglomerate's AI initiatives that will be ce ...Read More >
Andhra Pradesh Chief Minister N Chandrababu Naidu secured a Rs 100 crore investment from Sobha Group Chairman Ravi PNC Menon for a world-class library in Amaravati during his UAE tour. Naidu presented Andhra Pradesh as a premier investment hub, highlighting its strengths and growth opportunities for UAE-based firms, ahead of the CII Partnership Summit 2025. Andhra Pradesh Chief Minister N Chandrababu Naidu welcomed Rs 100 crore investment from Ravi PNC Menon, Chairman of Dubai-based Sobha Group ...Read More >
Broadband gear maker GX Group on Friday said it will set up a photonic module and chip arm in India with an initial investment of Rs 500 crore. The subsidiary, GX Quantum Photonics Pvt Ltd, will be headquartered in Manesar, Gurgaon, and is expected to create over 300 direct jobs, GX Group CEO Paritosh Prajapati said. The group currently has about 250 employees in India. The Phase 1 investment of Rs 500 crore will be deployed towards establishing a manufacturing facility in Bhiwadi, Rajasthan, ...Read More >
New Delhi, Oct 24 (SocialNews.XYZ) GX Group, a Netherlands-based telecom equipment maker, announced the launch of GX Quantum Photonics Private Limited on Friday, to make advanced Photonics modules and chip systems in India. These modules and chip systems are used for next-generation broadband, 5G/6G, and quantum communication technologies, the statement said. The company mentioned that an initial investment commitment of Rs 500 crore is made which will establish India's first Photonics chip de ...Read More >
6,018 such applications made ahead of the Karnataka 2023 elections in the Aland constituency -- won by the Congress -- were cited by Rahul Gandhi as example of "vote chori" For every fraudulent voter deletion submission made to the Election Commission in the Aland seat ahead of the 2023 Karnataka Assembly polls, a data centre operator was paid Rs 80, as per the Karnataka Police SIT probing the case. A total of 6,018 such applications were made between December 2022 and February 2023 in the seat ...Read More >
Vijayawada: YSRCP president Y S Jagan Mohan Reddy launched a scathing attack on Chief Minister N Chandrababu Naidu on Thursday, calling him a "credit chor" for allegedly claiming ownership of the Visakhapatnam data centre project that was initiated under the previous YSRCP government. Addressing the media at party central office in Tadepalli, Jagan Mohan Reddy accused Naidu of misleading the public by portraying the recently signed USD 15 billion MoU with Google as a new project conceived by hi ...Read More >
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