INFRASTRUCTURE
SETL Acquires 51% Stake In GScale Energy, Commits ₹500 Cr For Growth
Standard Engineering Technology Ltd (SETL), a precision and multi-disciplinary engineering company, has announced the acquisition of a majority stake in GScale Energy Pvt Ltd, marking its entry into the rapidly growing AI data centre infrastructure segment. The company proposes to acquire up to 51% shareholding in GScale Energy through a combination of primary capital infusion […]
CW Bureau
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Jun 25, 2026
STARTUP/TECHNOLOGY
Adani Group, Jabil Plan AI Data Centre Infrastructure Platform In India
Adani Group and Jabil Inc. have announced plans to form a strategic alliance to establish a vertically integrated artificial intelligence (AI) and data centre infrastructure manufacturing platform in India. The proposed collaboration combines Jabil’s engineering, supply chain and advanced manufacturing capabilities with Adani Group’s infrastructure, renewable energy, logistics and data centre businesses to address the […]
CW Bureau
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Jun 15, 2026
INFRASTRUCTURE
Clean Max Enviro, Meta Partner For 900 MW Renewable Energy Projects
Clean Max Enviro Energy Solutions Ltd. (CleanMax) has partnered with Meta Platforms Inc. to develop 837 MW of large-scale solar and wind energy projects across Rajasthan and Karnataka. With this addition, the total renewable energy capacity under the partnership between the two companies has crossed 900 MW, including previously announced projects. Renewable energy push The […]
CW Bureau
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Jun 10, 2026
STARTUP/TECHNOLOGY
Reliance Ties Up With Meta To Set Up 168 MW AI Data Centre In Jamnagar
Reliance Industries Ltd. (RIL) has partnered with Meta Platforms Inc. to develop a 168 MW data centre in Jamnagar, Gujarat, marking Meta’s first built-to-suit data centre capacity in India. The facility, scheduled to be delivered within two years with an option for future expansion, will support Meta’s global infrastructure and artificial intelligence (AI) computing requirements. […]
CW Bureau
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Jun 10, 2026
STARTUP/TECHNOLOGY
Black Box Eyes ₹18,000 Cr Income By FY30, About 66% By Organic Way
Black Box Ltd., a global digital infrastructure integrator providing network, data centre, cloud and cybersecurity solutions, has outlined plans to increase its revenue threefold to ₹18,000 crore by FY30 through a combination of organic growth and acquisitions. The company has set a revenue target of about $2 billion (₹18,000 crore), with nearly two-thirds of the […]
CW Bureau
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Jun 7, 2026
INFRASTRUCTURE
L&T To Invest ₹18,600 Cr In TN’s AI, Electronics And Maritime Sectors
Larsen & Toubro (L&T) has announced plans to invest ₹18,600 crore across data centres, electronics manufacturing and shipbuilding in Tamil Nadu, providing an early boost to the state’s investment ambitions under the newly elected government led by Chief Minister C. Joseph Vijay. The investment package, expected to create around 8,200 jobs, underscores Tamil Nadu’s growing […]
CW Bureau
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Jun 4, 2026
STARTUP/TECHNOLOGY
Legacy Infrastructure Emerging As Biggest Roadblock To AI Success
Artificial intelligence (AI) may have become a boardroom priority across global enterprises, but outdated technology infrastructure is emerging as the biggest obstacle to turning AI investments into scalable business outcomes. A new report by Tata Communications and Bloomberg Media Studios suggests that while enterprises are aggressively pursuing AI strategies, many remain constrained by legacy systems, […]
CW Bureau
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Jun 4, 2026
STARTUP/TECHNOLOGY
Cyient Semiconductors Bags $30 Mn From Edelweiss-Managed Funds
Cyient Semiconductors has secured a strategic financing transaction from funds managed by EAAA India Alternatives Ltd and affiliated co-investors to strengthen its capital structure and accelerate expansion of its semiconductor business. The transaction includes an equity investment of about $10 million (around ₹100 crore) at a post-money valuation of $500 million (₹4,600 crore), along with […]
CW Bureau
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May 25, 2026
STARTUP/TECHNOLOGY
Airtel, Global Investors Infuse $1 Bn Into Nxtra For Network Expansion
Bharti Airtel, along with global investors Alpha Wave Global, Carlyle and Anchorage Capital, has invested $1 billion in Nxtra Data Ltd to accelerate its AI-driven data centre expansion and fuel the next phase of growth. As part of the transaction, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with […]
CW Bureau
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Mar 30, 2026
