Business Today: Reliance Halts Russian Oil; TCS AI Data Centre, Nifty Hits Record & Ind-Israel Talks

Business Today: Reliance Halts Russian Oil; TCS AI Data Centre, Nifty Hits Record & Ind-Israel Talks

This special report covers major corporate and market news, including Reliance Industries halting Russian crude imports at its SEZ refinery and TCS partnering with TPG for an Rs 18,000 crore AI data centre venture. The bulletin also covers the Indian stock market reaching a new record high, a 14-month low in India's core sector output for October, and the signing of terms of reference to begin Free Trade Agreement talks between India and Israel.…

Hyderabad To Get $6.5 Billion, 1 GW Data Center

Hyderabad is now part of TCS’ major data center project backed by $2 billion equity from TCS and private equity firm TPG. The plan is part of a $6.5 billion push to build 1 GW capacity, placing Hyderabad alongside Navi Mumbai and Chennai. TPG’s Rising Climate initiative brings focus to large-scale sustainable infrastructure. Both partners […] The post Hyderabad To Get $6.5 Billion, 1 GW Data Center appeared first on M9.news.

TCS and TPG Launch $2B HyperVault Project to Power India’s AI Future

With $1B from TPG, Tata Consultancy Services launches “HyperVault” to build liquid-cooled, AI-optimized data centers, addressing India’s critical… The post TCS and TPG Launch $2B HyperVault Project to Power India’s AI Future appeared first on IMP.NEWS.

India’s TCS, TPG partner to invest $2 billion in AI data centre JV

India’s Tata Consultancy Services and private equity firm TPG will form a joint venture to develop AI data centres, TCS said on Thursday, with both partners set to invest a total of 180 billion rupees ($2.03 billion) in equity. The capital will be invested in tranches in the JV, called HyperVault AI Data Centre, over the next few years. The companies also aim to raise $4.5-$5 billion through debt, TCS added, without providing details on the numb…

TCS Brings TPG Onboard With $1B Investment to Scale AI Data Centre Venture HyperVault

TCS has secured a $1 billion investment from global alternative asset manager TPG to accelerate the expansion of HyperVault, its AI data centre business that aims to build gigawatt-scale, AI-ready digital infrastructure across India. The deal marks one of the largest private investments into India’s data centre ecosystem and is a critical step in TCS’ plan to become what it calls the world’s largest AI-led technology services company. The compan…

TCS, TPG to invest Rs 18,000 crore for AI data centres; Tata group stock in focus - BusinessToday

In a regulatory filing submitted to the bourses late Thursday, TCS revealed that it has entered into a definitive agreement with TPG Terabyte Bidco Pte. Ltd. to collectively invest up to Rs 18,000 crore in HyperVault AI Data Centre Limited.