Page 10 - Data Centre

Blackstone will take QTS Realty private in $10-billion all-cash deal

The equity value of the deal stands at $5.37 billion, according to Reuters calculations, based on 68.9 million outstanding shares, as of April 29

Mumbai's data centre capacity to grow more than 2-fold by 2023: JLL report

Mumbai's data centre capacity is likely to grow by more than two times its current capacity by 2023, according to a JLL report.

Rising demand for data centres with 5G, IoT adoption: Savills India study

An additional 15-18 million sq ft may be required by companies over next 4-5 years

Data centre sector requires $3.7 bn to develop 6 mn sq ft space: JLL

An investment of $3.7 billion (about Rs 27,000 crore) will be required over the next three years to develop six million sq ft space for the data centre sector, according to a report by JLL India

Algo Rhythm: Data Centres are the new global infrastructure

The Data Centre information technology (IT) power capacity in India is expected to reach about 800 Mw during 2021-2024

Intel launches 3rd Gen Xeon scalable processors for data centres

Intel on Wednesday launched its new 3rd Gen "Ice Lake" Xeon Scalable processors for data centres around the world including in India

Google to invest over $7 billion in US offices, data centers this year

This comes as the firm takes on a surge in internet traffic after pandemic restrictions drove more users and advertisers online

Adani forays into data centre business, sets up 50:50 JV with EdgeConnex

In addition to full-scale data centres, AdaniConneX will also develop a portfolio of Edge data centres strategically located across the country to address the need for more proximate capacity

Hiranandani group to develop industrial-data centre park in Bengal

The firm said it will invest around Rs 8,500 crore in the project

CapitaLand, Shapoorji Pallonji's PE arm to foray into data centre business

Such centres to witness $5 bn in investments till March 2025 and increase threefold in capacity: Crisil report

UP CM Adityanath lays foundation stone for Rs 6,000 cr data centre in Noida

Uttar Pradesh Chief Minister Yogi Adityanath laid the foundation stone for a data centre to be developed at Greater Noida

UP eyeing pie of $5-bn projected investments in data centres by 2025

The state government will provide a host of incentives to the data centre developers, so that their projects are completed within timelines

Data industry to see $5 bln investment by 2025 on higher digitisation

Data centres will witness $5 billion in investments till March 2025 and a threefold increase in capacity, a report said on Monday.

Adani, Hiranandani groups to invest Rs 10,000 crore in UP data centres

Earlier, Hiranandani Group had undertaken data centre projects in Mumbai, Chennai, and Hyderabad

Japan's NTT to invest $2 bn in India to set up data centres over next 4 yrs

It will be building new campuses in neighbouring Navi Mumbai, Chennai and Noida, and also augmenting capacities at its existing facilities in the financial capital and Bengaluru

Real estate players eye data centres to create separate class of assets

Players such as Puravankara, Salarpuria Sattva in talks to develop data centres in top metros

Mumbai has most data centres in India, 42% of installed capacity: Report

Mumbai witnessed the highest capacity addition on data centres in the January-June period this year and now accounts for 42% of the overall installed capacity in the country, a report said

Equinix acquires GPX India data centres for $161 mn in an all-cash deal

GPX India has a fiber-connected campus in Mumbai with two datacentres and the deal is expected to close by March 2021 after mandatory approvals

Throwback to SEZ era: Real estate sector makes room for data centres

The central government ministries, too, are getting into the act on behalf of the sector.

We are betting big on data boom in India: Yotta Infra CEO Sunil Gupta

Artificial intelligence, machine learning, Internet of Things are accelerating growth of storage and processing of data, says Sunil Gupta