Despite a difficult economic environment, organisations continue to invest in privacy, with spending up significantly from $1.2 million just three years ago to $2.7 million on average this year
AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says
In a testament to Telangana and Microsoft's commitment to help each other grow, Microsoft announced its first captive data centre investment of three campuses early in 2022
The project is estimated to be deployed in the next five to seven years, it further said
The data centre in Mumbai will be an eight-storey building with a basement and a roof
CtrlS Datacenters Ltd, Asia's Largest Rated-4 data centre provider, is aiming to triple its number of data centres from the existing eight to about 25 by 2024-25. A press release from the firm on Monday said CtrlS is in the process of expanding its footprint by an additional five million sq ft from the current 1.2 million sq ft space. As part of its expansion, the company's two million sq ft Hyperscale Datacenter Park in Navi Mumbai is under construction, while another similar size one in Hyderabad is ready for construction. The company has also begun work on a one million sq ft DC campus in Chennai. These three projects will cumulatively add over 600 MW capacity to CtrlS' portfolio of assets, it said. Sridhar Pinnapureddy, Chairman, CtrlS Datacenters Ltd, said, "Altogether, we will add over 600 MW capacity in these locations and 5 million sq ft additional space. We are fully geared up to emerge as the world's largest Rated-4 data centre player." In addition to these large DC Park
Microsoft has announced the acquisition of the US-based technology company, Fungible, a provider of composable infrastructure aimed at accelerating networking and storage performance in data centres
Apple data centre town heating plan will likely happen after a wait of almost six years, the media reported
Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The Ministry of Electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes. GOI is also afforded a broad exemption from the Bill's application, which could make it harder for companies to invest in data centers and data processing activities in India," ITI said in its submission. ITI represents global technology majors such Google, Microsoft, Meta, Twitter, Apple etc. The draft DPDP has exempted government-notified data fiduciaries from several ...
The projected spending is $11.6 billion in 2023, the report said
NTT India has earmarked around USD 2 billion to boost information and communications technology infrastructure in the country over the next three-four years, aiming to tap the rise in data consumption, a top company official said. New data centres, cloud computing, submarine cable landing stations and solar parks are key areas where NTT India's capex is planned, he said. "We will invest USD 500 million annually for the next four years in India. This is over and above the USD 800 million we have already infused in the last two years into ICT infrastructure," NTT India MD & Sr EVP (Global Data Centres & Marine Cables) Sharad Sanghi told PTI. He was speaking on the sidelines of the ABP Group-organised INFOCOM 2022. The Indian arm of Japanese IT services major NTT Data Inc is also exploring the idea of setting up a submarine cable landing station in Kolkata, Sanghi said. The company will roll out submarine cable landing stations, which are physical locations where one or more ...
Princeton Digital Group (PDG) on Wednesday launched its flagship data centre called MU1 in India with an investment of $300 million
Power Grid Corporation of India Ltd is in the process of carving out its telecom vertical to a new fully-owned subsidiary, Powergrid Teleservices Ltd, in a bid to have a "focused approach" and to move up the value chain, senior company officials said. The move by the state-run power transmission major comes close on the heels when the telecom sector is ramping up its 5G service across the country to bring business transformation that can contribute two per cent to the national GDP. The state-owned power transmission major has also got approval from the Central Electricity Regulatory Commission (CERC) to operate data centres. "The telecom division of Powergrid will be transferred to the new subsidiary Powergrid Teleservices after receiving all regulatory approvals to provide greater impetus to the business and move up the value chain by entering into the data centre business. The process for regulatory clearance is in progress," Powergrid executive director (telecom) B Vamsi Rama Moh
Data centres have received investments of USD 10 billion (about Rs 81,247 crore) since 2020 as demand for such facilities has risen amid sharp growth in data consumption, according to property consultant Colliers India. In its report 'Data Centre: Scaling up in Green age', the consultant projected that India's data centre stock is likely to double to about 20 million square feet by 2025 from its current capacity of 10.3 million square feet. India currently has about 770 MW data centre capacity across the top seven cities -- Mumbai, Delhi-NCR, Bengaluru, Chennai, Hyderabad, Pune, and Kolkata. "The growth of data centres in India is led by massive explosion of data consumption through digitisation, increased cloud adoption, etc, over the last two years. At the same time, data centre operators are enthused by the incentives such as subsidised land, stamp duty exemption, etc provided by several states," the statement said. Mumbai accounts for the largest share of data centres at 49 pe
The Amazon company has committed to be water positive by 2030 and so far, AWS-funded replenishment projects have returned nearly 2.4 billion litres of water to communities and the environment
The firm did not reveal the fundraising plan, but sources said the lender planned to raise $500 mn-$1 billion
Stock exchanges to put a structure of financial disincentives for non-compliance by brokers
The company will maintain Rs 150 crore in interest service reserve account (ISRA)
The telecom regulator has also proposed a new data centre readiness survey for states and a new national body for digitisation, sharing and monetisation of data
Telecom regulator Trai on Friday recommended trusted source procurement rule be applied on data centres to discourage the use of insecure equipment in the network. The Telecom Regulatory Authority of India (Trai) under its recommendation for "Regulatory Framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks, and Interconnect Exchanges in India" has suggested registration of content delivery networks, which includes entities like Google Cloud CDN, Amazon CloudFront, Azure CDN etc with the Department of Telecom. "The Authority recommends that trusted source procurement applicable for licensees under section 4 of India Telegraph Act 1885, should also be made applicable for DCs (data centres) for security sensitive equipment," Trai said. The trusted source norms bars telecom networks from procuring any equipment from entities that are not notified as trusted sources by the National Cyber Security Coordinator. Trai has recommended the centr