STARTUP/TECHNOLOGY
CapitaLand Unveils New Data Centre In Chennai With ₹1,940-Cr Funding
CapitaLand Investment Ltd (CLI), a Singapore-based global real asset investment manager, has unveiled a 53 MW data centre development in Chennai, marking its listed fund platform’s first data centre project in Tamil Nadu. The facility, CapitaLand Data Centre Chennai 01, is developed by CapitaLand India Trust (CLINT), a Singapore-listed business trust focused on India, and […]
CW Bureau
·
Oct 15, 2026
STARTUP/TECHNOLOGY
Axiscades Tech Arm To Acquire US Manufacturing Assets For $7 Mn
Axiscades Technologies Ltd, an engineering and technology solutions provider, has approved in principle a proposed $7-million acquisition of substantially all business assets of US-based ITSJ Group Inc. The acquisition will be undertaken by XIDA Inc., a step-down subsidiary of Axiscades incorporated in Delaware. The transaction aims to strengthen XIDA’s manufacturing capabilities for semiconductor equipment and […]
CW Bureau
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Oct 15, 2026
STARTUP/TECHNOLOGY
Adani, Jabil Plan JV For AI, Data Centre Equipment Manufacturing
Adani Enterprises Ltd and Jabil Inc, a global engineering, supply chain and manufacturing company, have signed a non-binding memorandum of understanding to establish a 50:50 joint venture for manufacturing and assembling artificial intelligence (AI) and data centre equipment in India. The MoU follows the June 2026 announcement of the two groups’ intent to develop an […]
CW Bureau
·
Oct 13, 2026
STARTUP/TECHNOLOGY
Adani Enterprises Arm AdaniConneX Buys Chandenvalle Infra For ₹536 Cr
AdaniConneX Pvt Ltd (ACX), a joint venture of Adani Enterprises Ltd, has acquired a 100% equity stake in Chandenvalle Infra Park Ltd (CIPL) from Adani Power Ltd for a cash consideration of ₹535.69 crore. The transaction has been completed and will support ACX’s plans to establish data centre infrastructure facilities, strengthening its platform for the […]
CW Bureau
·
Aug 28, 2026
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
CtrlS Raises ₹ 7,000 Cr From CPPIB At $4.7 Bn Valuation For Next Scale-Up
Hyderabad-based data centre operator CtrlS Datacenters has secured a total investment commitment of ₹7,000 crore from the Canada Pension Plan Investment Board (CPPIB), valuing the company at a pre-money valuation of $4.7 billion. The investment is expected to accelerate the creation of nearly 4 gigawatts (GW) of data centre capacity across India, positioning CtrlS to […]
CW Bureau
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Jun 18, 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
·
Jun 4, 2026
