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
·
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
·
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
