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India's AI ambition supercharged with $15 bn boost from Google

Mint Chennai

|

October 15, 2025

TCS statement show it will likely cost at least $6.5 billion to set up. Tata Consultancy Services, India’s biggest IT services provider, had said on 9 October that a data centre of 150 megawatt (MW) capacity costs $1 billion to set up.

India's AI ambition supercharged with $15 bn boost from Google

Incremental AI investments may hit $80 bn in 5 years.

(MINT)

“Having a large-scale, cutting-edge AI data centre facility in India proves to be a sign of confidence for global infrastructure providers that such large facilities are in the market,” said S. Krishnan, secretary at the Union ministry of electronics and IT. “As such facilities scale up, the cost of compute starts rationalizing, which is a great sign for the AI market overall.”

Mint Chennai'den DAHA FAZLA HİKAYE

Mint Chennai

What went into quadrupling Jio Payments Bank's footprint

Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.

time to read

2 mins

November 25, 2025

Mint Chennai

British cosmetic co Lush re-enters India

British cosmetics retailer Lush, which is reentering India after close to three decades, looks to tap the fast-growing luxury segment in beauty & personal care and expects the country to be among its top 10 global markets in the next 3-5 years, its co-founder Rowena Bird said.

time to read

1 min

November 25, 2025

Mint Chennai

Mint Chennai

AI ignites the return of Bezos the inventor

‘Tm the least retired person in the world,’ Amazon founder says

time to read

4 mins

November 25, 2025

Mint Chennai

Mint Chennai

Diwali is past, but shopping season is roaring ahead

India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.

time to read

1 min

November 25, 2025

Mint Chennai

Let digital links and AI fix gaps in power grids as they go green

Digital interoperability and AI can deliver energy efficiency and resilience against transition shocks

time to read

3 mins

November 25, 2025

Mint Chennai

Mint Chennai

TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

1 min

November 25, 2025

Mint Chennai

Quality control orders: Let's fix all distortions

Dropping QCOs that act as import barriers for factory inputs will help reduce costs but India should also tackle other distortive aspects of our trade policy that do the economy a disservice

time to read

2 mins

November 25, 2025

Mint Chennai

Mint Chennai

SC clears Sandesarass after ₹5,100-crore settlement deal

Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case

time to read

3 mins

November 25, 2025

Mint Chennai

Sunteck in Dubai with ₹10,000-cr luxe project

Sunteck Realty Ltd has ventured into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is witnessing a surge in demand for high-end properties.

time to read

1 min

November 25, 2025

Mint Chennai

Govt plans reform push in winter session

The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.

time to read

1 mins

November 25, 2025

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