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Reliance JV set to build $11-bn AI data centre
Financial Express Mumbai
|November 27, 2025
Visakhapatnam campus likely to be ready by 2030
RELIANCE INDUSTRIES (RIL), together with Brookfield and US-based Digital Realty, will invest $11 billion (about ₹98,000 crore) to build a 1 gigawatt AI-native data centre campus in Andhra Pradesh through their joint venture, Digital Connexion.
Billed as one of the country's largest digital infrastructure projects, the facility will come up across 400 acre in Visakhapatnam and is targeted for completion by 2030. A memorandum of understanding (MoU) for the investment was signed with the Andhra Pradesh Economic Development Board on Wednesday, signalling a major scale-up in the state's digital capabilities.
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FLERE HISTORIER FRA Financial Express Mumbai
Financial Express Mumbai
Rafale engines may be built in India: Safran
Aerospace major targets over ₹3 bn annual India revenue by 2030
1 min
November 27, 2025
Financial Express Mumbai
Top posts at SIDBI, other DFIs now open to pvt talent
THE GOVERNMENT HAS expanded its overhaul of financial sector appointments by opening top posts in development financial institutions (DFIs) - including SIDBI, NABARD, EXIM Bank, IFCI and NHB - to private sector talent.
1 mins
November 27, 2025
Financial Express Mumbai
Kharif rice output hits record high; pulses, soya fall
THE COUNTRY'S RICE production during the kharif season that ended in October reached a record 124.5 million tonne (MT), up 1. 4% from the previous year, the agriculture ministry said on Wednesday, although output of pulses, oilseeds and cotton declined.Total foodgrain production for the kharif 2025-26 season is estimated at 173.3 MT, up from 169.5 MT a year earlier, according to the ministry's first advance estimate.
1 min
November 27, 2025
Financial Express Mumbai
New Sierra SUV design to shape future Tata models
TATA MOTORS PASSENGER Vehicles (TMPV), which rolled out its all new Sierra SUV at a starting price of ₹11.49 lakh on Tuesday, will replicate the design philosophy for several future models across its portfolio.Martin Uhlarik, chief design officer at TMPV, told FE that the design philosophy of the Sierra marks a major shift in the carmaker's styling direction.
1 mins
November 27, 2025
Financial Express Mumbai
Reliance JV set to build $11-bn AI data centre
Visakhapatnam campus likely to be ready by 2030
2 mins
November 27, 2025
Financial Express Mumbai
New export scheme pegs interest subsidy at 3%
The Interest Equalisation Scheme (IES) for exporters which is expected to make a comeback next week will provide 2.5% to 3% interest subsidy on pre and post shipment credit, an official said.The annual benefit will be capped at ₹50 lakh per exporter.
1 min
November 27, 2025
Financial Express Mumbai
Rooftop solar capacity up 161% in Apr-Sept
INDIA ADDED A record 4.9 gigawatt (GW) of rooftop solar capacity in the first nine months of the calendar year 2025, up 161% from 1. 9 GW installed in the same period of the last fiscal, as per latest report by Mercom.In the third quarter of the current year, the country added 2.1 GW of rooftop solar capacity, up 29% from 1.6 GW in Q2 2025, marking the highest quarterly additions to date. The installations rose over 164% from 791.1 MWin Q3 2024.
1 mins
November 27, 2025
Financial Express Mumbai
SBI’s NIM target of 3% safe even if RBI cuts rate: Setty
STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.25% in next week's monetary policy review, Chairman CS Setty said.In an interview with PTI, the SBI chairman said the RBI decision on December 5 will be a \"close call\" and added that the house view at SBI is pointing towards a shallow cut of 0.25%.
1 mins
November 27, 2025
Financial Express Mumbai
December rush set to make 2025 the biggest IPO year
28 firms look to raise ₹48,000 cr next month
1 mins
November 27, 2025
Financial Express Mumbai
Indices near all-time high as bears go into hiding
DIIs pump in ₹7 lakh crore, highest in a year
2 mins
November 27, 2025
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