Chennai, 25, India

Data Center emerging as next big biz, Adani fast-tracks $4 billion investment, others follow suit

As data center demand from tech giants surges in India, Adani has drawn a $4 bn investment plan. Adani's rivals-Nxtra by Airtel, Brookfield-RIL JV, and Yotta by Hiranandani too embark on significant expansion plans. The demand is rising especially due to powe…

2024-09-28 01:20

Amsterdam’s Yondr to exit India’s data centre race. JV partner Everstone eyes full control.

Yondr and Singapore-based PE firm Everstone Group had established a joint venture partnership in July 2021 to set up hyperscale data centres across India, with plans of deploying about $1 billion.

2024-09-28 01:00

EQT to exit AGS Health, eyes $750 million valuation

Swedish fund EQT Partners is set to sell its five-year-old investment in US-based healthcare IT services firm AGS Health, aiming for a valuation of $750 million-$780 million. The sale process, managed by JP Morgan and Bank of America, will launch early next y…

2024-09-27 19:14

End Strike: Samsung To Workers At Tamil Nadu Plant On Pay Revision Demand

The strike of Samsung India workers at the company Electronics Plants in Tamil Nadu entered its 19th day today with the company ensuring them that it would consider their demands, including revision of wages, if they end the protest and return to wor

2024-09-27 18:00

Cisco opens manufacturing facility in Chennai

Cisco has partnered with Flex for building the Chennai factory to produce advanced telecom technologies. The facility will initially focus on Cisco’s Network Convergence System (NCS) 540 Series of routers, representing the first phase of the company’s multi-y…

2024-09-27 17:53

IDFC to merge with IDFC FIRST Bank, effective October 1

IDFC Ltd will merge into IDFC First Bank effective October 1, following approval from the National Company Law Tribunal. The merger will dissolve IDFC financial holdings and simplify the corporate structure. IDFC First Bank will issue new equity shares and ad…

2024-09-27 17:22

Cisco charts out big plans for its Indian plant, eyes $1.3 billion revenue

India Business News: CHENNAI: US networking equipment maker Cisco has laid out major plans for its manufacturing plant in the country, which includes making more complex t.

2024-09-27 17:03

We cannot go back without winning, say agitating Samsung workers

Samsung workers continue strike for wage revision and union rights, facing resistance from management, but determined to win.

2024-09-27 16:34

Bangladesh cricket fan 'Tiger Robi' claims assault in Kanpur stadium; later retracts

A Bangladeshi cricket fan named 'Tiger Robi' was rushed to a hospital during the India-Bangladesh Test match in Kanpur after feeling unwell. Initially suspected of being assaulted, Robi later clarified he was suffering from an illness. Authorities are investi…

2024-09-27 16:21

After Kamala Claims ‘Middle Class’ Childhood, Report Shows Her Life of Privilege

Key Takeaways: Harris frequently claims that she had a “middle-class” childhood.Evidence shows that Harris actually came from a life of privilege.Nothing Harris says can be trusted.Sources: Breitbart News, USA TodayIn the weeks since Kamala Harris became the …

2024-09-27 16:11