Essar's Black Box plans to set up data centres in India
Business Standard|October 02, 2023
Essar Group's US-based IT solutions firm, Black Box, is planning to set up data centres in India following the rising demand for such services from its US-based clients.
DEV CHATTERJEE
Essar's Black Box plans to set up data centres in India

The company wants to take advantage of the Digital India initiative of the Indian government to increase its presence in India, Sanjeev Verma, chief executive officer (CEO) of Black Box Corporation, said.

With this move, the group aligns with several Indian companies like Larsen & Toubro, Adani Group, and Reliance Industries (RIL), which are investing in data centres.

This story is from the October 02, 2023 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the October 02, 2023 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

India reports first suspected case of Mpox

India on Sunday reported the first suspected case of Mpox virus in a man who had recently travelled from a country witnessing an outbreak of the disease, the Union health ministry said.

time-read
1 min  |
September 09, 2024
Delhi's EV adoption to hit speed bump
Business Standard

Delhi's EV adoption to hit speed bump

The removal of road tax waiver in the city estimated to make such vehicles about 10% costlier for its residents

time-read
3 mins  |
September 09, 2024
Business Standard

25 years of the insurance industry: Hits and misses

De-tariffing and portability are two milestones ahead of the Insurance Act amendment that made health insurance independent line of business and raised FDI limits to 49%. The first of a two-part column

time-read
5 mins  |
September 09, 2024
Business Standard

Usher in competition between EPF and NPS

Let's begin with my favourite episode from the 1980s British satire series Yes Minister, featuring senior bureaucrat Sir Humphrey and his boss, Cabinet minister Jim Hacker.

time-read
3 mins  |
September 09, 2024
Blind bets on IPOs can be risky if market sentiment changes
Business Standard

Blind bets on IPOs can be risky if market sentiment changes

If the company's quality is sound but valuation is high, wait for a correction

time-read
3 mins  |
September 09, 2024
Business Standard

Wall Street on high alert: Economic hazards ahead

For those on Wall Street clinging to the bull case on the economy, life is getting harder.

time-read
2 mins  |
September 09, 2024
Minimum pension recipients under EPS up 3rd yr in a row
Business Standard

Minimum pension recipients under EPS up 3rd yr in a row

Increased nearly 4% to 2.13 million in FY24

time-read
1 min  |
September 09, 2024
Business Standard

China opens mfg, health care sectors to foreign investment

China will fully open its manufacturing sector to foreign investments and is also allowing more room for overseas capital in its health sector, adding to efforts to revive the world's secondlargest economy.

time-read
1 min  |
September 09, 2024
Palace coup at magic kingdom
Business Standard

Palace coup at magic kingdom

How Iger outmanoeuvred Chapek and returned to power at Disney

time-read
2 mins  |
September 09, 2024
New iPhone to catapult tech trendsetter into AI age
Business Standard

New iPhone to catapult tech trendsetter into AI age

Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence (AI) that will do everything from smartening up its frequently dim-witted assistant Siri to creating customised emojis on the fly.

time-read
1 min  |
September 09, 2024