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Alphabet to buy Intersect for $4.75 bn

Financial Express Pune

|

December 23, 2025

ALPHABET SAID ON Monday it would buy data centre and energy infrastructure provider Intersect for $4.75 billion in cash, plus assumed debt, as tech giants ramp up spending to expand computing and power capacity necessary for developing AI.

- REUTERS

Under the deal, Alphabet will acquire Intersect’s multiple gigawatts of energy and data center projects in development or under construction.

Financial Express Pune से और कहानियाँ

Financial Express Pune

High-wire act of conviction

A BUSINESS LEADER WHO GOT LOTS OF BOUQUETS ALONG WITH MANY BRICKBATS

time to read

1 mins

December 27, 2025

Financial Express Pune

Forex kitty jumps by $4.36 bn to $693 bn

INDIA'S FOREX RESERVES jumped by $4.368 billion to $693.318 billion during the week ended December 19, the Reserve Bank said on Friday.

time to read

1 min

December 27, 2025

Financial Express Pune

PNB reports ₹2.4K cr fraud in SREI's a/cs

STATE-OWNED LENDER PUNJAB National Bank (PNB) on Friday said it has reported a borrowal fraud of ₹2,433.99 crore to the Reserve Bank of India involving the erstwhile promoters of SREI Equipment Finance and SREI Infrastructure Finance.

time to read

1 min

December 27, 2025

Financial Express Pune

Vedanta shares up 35% this year

SHARES OF OIL-TO-METALS conglomerate Vedanta

time to read

1 min

December 27, 2025

Financial Express Pune

Why can’t GST on air purifiers be cut: Delhi HC to Centre

THE DELHI HIGH Court on Friday asked the Centre why it cannot reduce the GST charged on air purifiers to make it affordable for the common man in view of the worsening air quality in the national capital and nearby areas.

time to read

2 mins

December 27, 2025

Financial Express Pune

Petro products exports decline

INDIA'S EXPORTS OF petroleum products fell 7.9% year-on-year to $26.6 billion during April-November of FY26, down from $28.9 billion in the same period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC).

time to read

1 min

December 27, 2025

Financial Express Pune

Change in norms for opening coal, lignite mines

THE GOVERNMENT ON friday said that it has amended the rules to streamline approvals for opening coal and lignite mines.

time to read

1 min

December 27, 2025

Financial Express Pune

Lock into a forward contract to contain overseas study bills

IT HELPS HEDGE AGAINST CURRENCY FLUCTUATIONS WHICH CAN UPSET YOUR BUDGET

time to read

2 mins

December 27, 2025

Financial Express Pune

India calls for ‘free, fair, inclusive’ Bangla polls

Unremitting hostilities against minorities in Bangladesh: MEA

time to read

2 mins

December 27, 2025

Financial Express Pune

At 332, Delhi's AQI remains ‘very poor’

AFTER TWO DAYS of brief relief, the national capital’s air quality slipped back into the ‘very poor’ category at 332, with several monitoring stations recording 'severe' pollution levels.

time to read

1 min

December 27, 2025

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