Rolls-Royce, the aero-engine maker based in London, England, held its global board meeting in India for the first time.The company said the choice reflects the country's growing importance to its business. During the three-day visit, chief executive Tufan Erginbilgiç met India's prime minister to discuss the company's long-term plans. BusinessLine...
Jio Platforms Prepares India’s Largest IPO With Meta, Google as Holders
Jio Platforms, the telecom and digital arm of Reliance Industries in Mumbai, is reported to be preparing to open its initial public offering on October 21, according to Reuters reports carried by Outlook Money. Subscription would close on October 23, with shares expected to list on the BSE and NSE...
Adani Group sets Ambitious Nuclear Target as it Launches Civil Nuclear Sector
Adani Group is positioning itself to become a leading private-sector nuclear power developer, outlining plans to build up to 10 gigawatts (GW) of nuclear capacity by 2035. The move follows India’s decision to open its civil nuclear sector to private and foreign investment as part of a broader push toward...
Reliance and Meta to Develop AI-Enabled Data Center in India
Menlo Park, CA- headquartered Meta signed an agreement with India's Reliance Industries to lease its first AI‑enabled data center in India. This facility will be located in the city of Jamnagar, in the state of Gujarat. Key features: The facility will provide 168 MW of capacity, with options to expand....
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...
India’s Data Center Industry Booms
According to a CNBC Newsletter regarding India's data centers, the country is rapidly emerging as one of the world’s important dynamic data center markets, attracting global tech giants, domestic billionaires, and real estate developers eager to capitalize on the country’s digital transformation. With demand surging from enterprises, hyperscalers, and AI...