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NEW DELHI: India’s data centre development pipeline has surged to 8.33 GW, more than five times the country’s current live operational capacity of 1.6 GW, a report said on June 20.
The rapid growth of the data centre development pipeline is due to accelerating artificial intelligence adoption, cloud growth and data localisation requiremen...
NEW DELHI: Rail Vikas Nigam Limited (RVNL) on June 20 announced that it has secured a major infrastructure contract worth Rs 2,977 crore from state-owned mining company NMDC for the development of a buffer stockyard and blending facility at Visakhapatnam in Andhra Pradesh.
According to an exchange filing, the project involves the establis...
NEW DELHI: In a major move aimed at strengthening patient safety, the Ministry of Health said that it has prohibited the manufacture, sale and distribution of 16 Fixed Dose Combination (FDC) drugs for human use across the country.
The ban has been imposed under Section 26A of the Drugs and Cosmetics Act, 1940, and has come into effect imm...
NEW DELHI: Banking, financial services and insurance (BFSI) funds led the investment universe in May, returning 5.5 per cent and attracted Rs. 1,013 crore in inflows due to prevalence of large cap stocks, a report said on June 20.
The report from Vallum Capital noted an anomaly where micro‑cap funds became May’s best performers, returning...
NEW DELHI: India and Uzbekistan agreed to deepen trade ties, address the issue of non-tariff barriers and work towards doubling bilateral trade in the next three years, according to a statement issued by the Ministry of Commerce and Industry.
Rajesh Agrawal, Department of Commerce Secretary, co-chaired the 14th Session of the India-Uzbekis...