Blackstone, the alternative asset manager in New York City, has opened a global capability center in Bengaluru, in southern India. The center is the firm's second office in India. The Economic Times reported that the new site will support Blackstone's businesses worldwide. The center sits in an office park in...
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...
Land Rover Starts Building the Defender in India, Cuts Prices
Jaguar Land Rover, the British luxury carmaker owned by India's Tata Motors, has started assembling the Land Rover Defender 110 at its plant in Pune, in western India, and has cut its India prices by as much as $35,700 at current exchange rates. The company, based in Coventry in 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...
Uber Plans Black Service Expansion in India
Uber plans to bring its premium Uber Black ride service to most of India's big cities, after a recent launch in Pune, in western India, according to a report in Mint. Uber, which is based in San Francisco, California, runs ride-hailing in India and offers Uber Black as its chauffeur-style...
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...