Tag: investment

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GPU demand: Govt weighing dedicated grid, nuclear power for data centres

The government is exploring the feasibility of providing dedicated, uninterrupted power to large data centre parks either through direct lines from power producers...

Foxconn subsidiary Shunsin eyes $80 million Vietnam investment for integrated circuits

Taiwanese giant Foxconn's subsidiary Shunsin is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a...

Jabil: Apple supplier Jabil eyes two more India units with $275 million investment

Apple supplier Jabil is looking to invest an additional $250-$275 million (Rs 2,102-Rs 2,312 crore) in India to build at least two more...

Lendingkart: Temasek-owned Fullerton to take majority control in cash-strapped Lendingkart with Rs 252-crore commitment

MSME- focused digital lending platform Lendingkart has secured a commitment of Rs 252 crore from its existing investor Temasek-owned Fullerton Financial Holdings (FFH),...

Temasek: Temasek seeks CCI nod for investment in Rebel Foods

Singaporean sovereign fund Temasek is seeking the Competition Commission of India’s (CCI) approval for a significant investment in Rebel Foods, the parent company...

mutual funds: Local MFs hold stocks worth over $8 billion in new-age companies

Domestic mutual funds now hold stocks worth more than $8 billion, or almost Rs 69,000 crore, in a dozen new-age companies including Zomato,...

magicpin: Magicpin records 15x order growth on ONDC network in 15 months, crosses 1.5 lakh daily orders

Hyperlocal ecommerce firm magicpin on Tuesday said it has crossed the 1.5 lakh-mark for daily order of food and logistics services on the...

Oracle: Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday,...

SoftBank: SoftBank to invest $500 million in OpenAI: report

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person...

OpenAI: OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025

Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener no other investors...