Universal Music Group (UMG), the Dutch -American music corporation with headquarters in the Netherlands and in Santa Monica, CA, has reached a definitive agreement to acquire a 30% stake in Excel Entertainment, an Indian film and digital content studio. UMG will pay $90 million for the stake, a deal that...
Reliance JV Fuels India’s Digital Ambitions
Digital Connexion, a joint venture between Reliance Industries, Brookfield Corporation, and Digital Realty, announced plans to invest $11 billion in building a 1-gigawatt AI-native data center campus in India. Scheduled for completion by 2030, the project represents one of the largest single data center investments in the country, underscoring India’s determination...
Starlink Internet Prepares for India Launch
SpaceX's Starlink is conducting final security tests in India, a mandatory step before launching its commercial broadband services in the country. These security tests are a crucial part of India's required security clearance process for all telecom operators. A key remaining regulatory hurdle is the final pricing framework for satellite...
India Expands Fast Track Entry at 13 Airports
India has broadened its Fast Track Immigration – Trusted Traveler Program (FTI-TTP) to include 13 major international airports, aiming to streamline the immigration process for both arriving and departing travelers. Originally launched in 2024, the program was first implemented at key metro hubs. FTI-TTP is designed to reduce wait times...
OpenAI To Build 1 GW AI Data Center in India
OpenAI is reportedly planning to build a massive 1 GW data center in India, marking its largest expansion in Asia as part of the $500 billion Stargate infrastructure initiative. The project, a joint venture of OpenAI, SoftBank, Oracle, and MGX, was announced at the White House earlier this year. SoftBank...
Iowa Delegation Embarks on Trade Mission to India
Governor Kim Reynolds of Iowa is leading an eight-day trade and investment mission to India, accompanied by a delegation of state officials and business leaders. The initiative, organized by the Iowa Economic Development Authority (IEDA) with support from the U.S. Embassy in Delhi and the U.S. Consulate in Mumbai, aims...