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TCS & TPG tie up for ₹18,000-cr AI data centre push

Financial Express Hyderabad

|

November 21, 2025

PE FIRM TO HOLD 27.5-49% HYPERVAULT STAKE

- URVI MALVANIA

TATA CONSULTANCY SERVICES (TCS) announced on Thursday that it has entered into a strategic partnership with global alternative asset manager TPG to scale up its newly formed AI data centre unit, HyperVault. The companies will jointly invest up to ₹18,000 crore over the next few years, making this one of the largest capital commitments in the country's data infrastructure space.

MEER VERHALEN VAN Financial Express Hyderabad

Financial Express Hyderabad

Abbott acquires Exact Sciences in $21-bn deal

ABBOTT LABORATORIES AGREED to acquire cancer-screening company Exact Sciences Corp., in a deal with a total equity value of about $21 billion.

time to read

1 mins

November 21, 2025

Financial Express Hyderabad

'Speculation about credibility of economic data is unwarranted'

SAURABH GARG, SECRETARY, MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION (MOSPI)

time to read

3 mins

November 21, 2025

Financial Express Hyderabad

'A lot of our efforts is now on raising awareness'

VIKAS BANSAL, CEO, AMAZON PAY

time to read

2 mins

November 21, 2025

Financial Express Hyderabad

26 e-comm firms are free from dark patterns: Govt

AS MANY AS 26 top e-commerce companies, including Zepto, BigBasket and Zomato, have given an undertaking that their platforms are free from misleading claims and unfair trade practices which constitute ‘dark patterns’, the government said on Thursday.

time to read

1 min

November 21, 2025

Financial Express Hyderabad

Musk’s huge pay award may erase Tesla’s profit run

TESLA'S GAUDY $1 TRILLION executive-compensation package for CEO Elon Musk has obscured a more pressing concern: Musk’s 2018 pay package—still tied up in court—could eat up years’ worth of the electric vehicle maker’s future profits.

time to read

2 mins

November 21, 2025

Financial Express Hyderabad

Steel import registration now easier

THE MINISTRY OF Steel has introduced a simplified registration facility called ‘SARAL SIMS’ under the Steel Import Monitoring System (SIMS), effective from November 21.

time to read

1 min

November 21, 2025

Financial Express Hyderabad

India signs $93-million deal with US for Javelin anti-tank system, Excalibur projectiles

THE US HAS approved the sale of Excalibur guided artillery projectiles, Javelin antitank missile system and related equipment worth nearly $93 million to India, saying it will improve the country’s capability to strengthen its defence and deter regional threats.

time to read

1 min

November 21, 2025

Financial Express Hyderabad

TCS & TPG tie up for ₹18,000-cr AI data centre push

PE FIRM TO HOLD 27.5-49% HYPERVAULT STAKE

time to read

1 min

November 21, 2025

Financial Express Hyderabad

Zomato may soon share user data with eateries

ZOMATO IS IN early stages of launching a feature whereby customers’ phone numbers will be shared with its restaurant partners after obtaining their consent, CEO Aditya Mangla said on Thursday, a move which responds to the restaurant industry's long standing demand.

time to read

1 min

November 21, 2025

Financial Express Hyderabad

ICICI Pru AMC close to get approval for ₹10K-cr IPO

ICICl PRUDENTIAL ASSET Management (AMC) is close to securing an approval from the Securities and Exchange Board of India (Sebi) to go public, sources said.

time to read

1 min

November 21, 2025

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