Blackstone expects 5X growth in India data centre capacity
Financial Express Delhi|December 18, 2024
GLOBAL FUND HOUSE Blackstone expects at least fivefold growth in its data centre capacity in India in the coming years, fuelled by the adoption of cloud, 5G, and data protection in the country.
RAGHAVENDRA KAMATH

Lumina CloudInfra, Blackstone's data centre platform, is currently building two hyperscale data centres in Navi Mumbai, with a total capacity of 60 megawatt (MW). Construction for the centres is expected to be completed in the next 12-18 months. "There is three times demand for data centres here. Adoption of cloud, 5G and data protection have become game changers for the business," Asheesh Mohta, head of real estate acquisitions, India, at Blackstone, told FE.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS DELHI مشاهدة الكل
Financial Express Delhi

IIT-Madras to offer fine arts, culture courses

IN A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

time-read
1 min  |
December 18, 2024
Financial Express Delhi

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

time-read
1 min  |
December 18, 2024
Financial Express Delhi

DPIIT inks pact with HDFC Bank to help startups

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former Isro chief K Radhakrishnan, has proposed a similar framework for holding important national entrance tests to ensure transparency.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

PM: Cong fanned water disputes among states

PRIME MINISTER NARENDRA Modi on Tuesday said all homes in Rajasthan will soon have tap water, attacking the Congress party over water disputes between states.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

SME IPOs fetch rich returns in Dec

THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

EPFO weighs higher equity investments

IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.

time-read
2 mins  |
December 18, 2024
Financial Express Delhi

China plans record budget deficit of 4% of GDP in 2025

New plan compares with an initial target of 3% of 2024 GDP

time-read
1 min  |
December 18, 2024