Giving a big push to the growth of information technology and artificial intelligence in India, Finance Minister Nirmala ...
In her budget speech, Union finance minister Nirmala Sitharaman said that companies providing data centre services to their ...
Despite the worst post-Budget market fall in seven years, data centre and artificial intelligence (AI) stocks surged after ...
Under this ‘tax holiday’, a safe harbour of 15% on cost for companies providing data services from India will be implemented.
The Union Budget 2026-27 proposed a 21-year tax holiday for global cloud providers such as Microsoft, Google, and Amazon, offering cloud services worldwide through India-based data centres.
Nirmala Sitharaman announced increased capex of Rs 12.2 lakh crore for FY27 with total government expenditure set at Rs 53.5 ...
The 100 MW AI-ready data centre in Bharat Future City will be supported by a matching 100 MW RTC renewable energy project ...
RMZ Group has announced an investment of $10 billion for setting up a GCC Park and a 1-GW data centre in Andhra Pradesh over ...
Amid its India push, ChatGPT parent OpenAI is reportedly looking to set up a data centre in India. Citing sources, Bloomberg reported that the company is currently looking for local partners to set up ...
Discussions also covered the possibility of developing data centres in Tier-2 cities across Karnataka to promote balanced regional growth, leveraging improved connectivity, power availability and ...
The Union Budget offers a tax holiday till 2047 to foreign cloud service providers using Indian data centres, aiming to attract AI-led investment, boost computing capacity, and position India as a ...