CtrlS Datacenters Ltd has opened its third knowledge centre at IT hub Gachibowli in Hyderabad. The 1.34-lakh sq ft facility, which was inaugurated by Bombay Inventory Trade Managing Director and Chief Govt Officer Sudararaman Ramamurthy, comes with an IT load capability of 13 MW and homes about 1,300 racks. The homegrown knowledge centre firm invested … Read more
Hyderabad, which is rising as a key information centre hub, will get a shot within the arm with Microsoft increasing the scope of its information centre plans. The corporate reportedly acquired 48 acres for about ₹270 crore to construct an information centre facility. In January 2023, the corporate mentioned it could make investments ₹16,000 crore … Read more
Singapore-listed CapitaLand Funding Belief (CLINT) has entered right into a ahead buy settlement to amass Phoenix Group’s IT buildings in Hitec Metropolis as a part of which it can present refinancing to the tune of ₹250 crore to the Hyderabad-based builder. Additionally learn:CapitaLand India to take a position ₹268 crore in 3 industrial services at … Read more
Thanos Applied sciences, an agri-drone know-how firm, has opened a drone manufacturing facility and its company workplace in Hyderabad on April 15, 2024. The ability has an preliminary capability to supply 3,000 drones yearly. Additionally learn: Indian drone corporations going through scarcity of expert fingers, says Thanos founder The corporate, which set a goal to … Read more
Engineering and know-how options firm, Cyient has posted a internet revenue of ₹173 crore, displaying a development of 9.1 per cent year-on-year. It registered a income of ₹1,489 crore, reporting a development of two.8 per cent y-o-y. For the monetary yr 2023-24, the corporate posted a internet revenue of ₹689 crore, displaying a y-o-y development … Read more
In a major rebound, workplace area leasing in Hyderabad has gone up by 46 per cent within the fourth quarter ended March 31, 2024, at 2 million sq ft as towards 1.4 million sq ft in the identical quarter final 12 months. That is over one-seventh of the workplace area absorption (14.4 m sq ft) … Read more
US-based Storable Inc, the main supplier of self-storage know-how options, inaugurated its new workplace at Data Metropolis in Hyderabad. The corporate, which opened its first Asia International Functionality Centre (GCC) in Hyderabad final 12 months, has stated that it’ll develop its analysis and growth area in India. Additionally learn:India’s compute infra lower than 2% of … Read more
Chennai market has reported a decline in workplace house absorption throughout the first quarter of 2024, whereas different main cities have reported sturdy progress throughout the interval. The calendar yr has began on a powerful observe with the general workplace leasing market reporting a 35 per cent year-on-year enhance at whole leasing of 13.6 million … Read more
GlobalLogic, a Hitachi group firm that gives digital engineering options, is taking a look at increasing its base in India by the hub-and-spoke mannequin. The corporate, which has a base of 15,000 workers in India, is taking a look at opening improvement centres in tier-ii and tier-iii cities to faucet the hitherto untapped potential of … Read more
Shree Cement launched Bangur Concrete ,commissioning its first Greenfield Prepared Combine Concrete (RMC) plant in Hyderabad. The plant has a capability of 90 cubic meters per hour. Additionally learn: Shree Cement commissions new klin at Rajasthan at ₹3,500 cr The commissioning of the state-of-the-art unit “aligns with the corporate’s imaginative and prescient to emerge as a multi-product participant’‘ within the core cement … Read more