A.P. Moller - Maersk will carry out its first planned drydocking in India, according to a The Hindu BusinessLine report of a company release. The container ship Maersk Chattogram, which flies the Singapore flag, is due at the Kattupalli Shipyard near Chennai in southern India. Maersk, based in Copenhagen, Denmark,...
India’s Data Center Tax Holiday Draws Global Interest, Rules Awaited
India has set a tax holiday for foreign cloud companies that serve customers worldwide from data centers in the country, and executives say it is drawing interest from global cloud and hyperscale providers. The catch: the government has not yet written the rules that put the holiday into effect, according...
Agilisium Moves Its Asia Headquarters to Hyderabad
Agilisium, a life sciences technology company from Southern California, will move its Asia headquarters from Chennai, to Hyderabad, Business Standard reported. Hyderabad will join Chennai and Pune, in western India, as a core site, and the company plans a workforce of 5,000 specialized professionals within five to seven years. The...
Amazon and Tata Motors to Deploy 3,000 Electric Trucks in India
Amazon and Tata Motors will put 3,000 electric trucks on Amazon's transportation network in India, the two companies announced on Tuesday. The Economic Times reported that Heavy Industries Minister H.D. Kumaraswamy flagged off the first group of trucks in Delhi, in northern India. A senior Amazon executive said all 3,000...
Tata Communications Plans a 10,000-Kilometer AI Fiber Network Across India
Tata Communications, part of the Tata Group, plans to invest $450 million to build a 10,000-kilometer fiber network across India that links data center hubs. Mint reported that the company will spend the money over the next three to five years and fund it from operating cash flow. The company...
Ferrari Adds Chennai and Ahmedabad to Its India Dealer Network
A Ferrari on display at the company's Finali Mondiali event in Imola, Italy. (Photo: Pauls.127, CC0, Wikimedia Commons) Ferrari will open dealerships in Chennai, in southern India, and Ahmedabad, in western India, taking its network in the country to five cities, The Economic Times reported. It already has dealerships in...