Reliance Industries, led by Mukesh Ambani, aims to build the world's largest data center in the city of Jamnagar, Gujarat, to strengthen its AI push in India. The proposed facility is set to have a capacity of three gigawatts, significantly surpassing Microsoft's current largest 600-megawatt site in Virginia. This ambitious...
India Boosts Renewable Energy Production
India is set to make significant strides in renewable energy capacity, with plans to connect a record 35 gigawatts (GW) of solar and wind energy to its grid by March 2025. This ambitious goal comes as the country works to achieve its 2030 clean energy target, following a shortfall in...
India Ramps Up Renewable Energy Generation
India is set to make significant strides in renewable energy capacity, aiming to connect a record 35 gigawatts (GW) of solar and wind energy to its grid by March 2025. This was announced by Bhupinder Singh Bhalla, the top bureaucrat at India's Ministry of New and Renewable Energy, said Reuters,...
India’s Battery Storage Industry Booms
India's battery storage industry is experiencing rapid growth, with significant potential to support the country's transition to clean energy. Currently, India's lithium-ion battery storage capacity makes up only 0.1% of global systems, but it's expanding quickly, with a third of the country's total battery infrastructure coming online this year alone....
India to Have Record Number of IPOs in 2024 – [Cloned #76129]
India has seen a significant surge in initial public offerings (IPOs) over the past year, with 2023 hitting a nine-year high of 238 IPOs raising $7.35 billion. Lesser known companies in sectors such as pharmaceutical's Delhi-headquartered Mankind Pharma's listing, have rekindled interest in IPOs by offering steady revenue growth and...
India to Have Record Number of IPOs in 2024
India has seen a significant surge in initial public offerings (IPOs) over the past year, with 2023 hitting a nine-year high of 238 IPOs raising $7.35 billion. This IPO boom shows no signs of slowing down, with 130 new listings and 313 billion rupees raised so far in 2024. Lesser...