Yotta raises $150 million to expand AI cloud and data centre business
Yotta Data Services has raised around $150 million from non-institutional investors at a valuation...
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STL raises Rs 15 billion through qualified institutions placement
STL has announced that it has raised Rs 15 billion through a qualified institutions placement...
Read MoreYotta Data Services in talks to raise $1 billion from PE funds
Yotta Data Services is reportedly in discussions with global and domestic funds to raise approximately $1 billion for its expansion plans. The promoters are looking to divest a 25-30 per cent stake in the company at a valuation...
Read MoreSTT GDC India kickstarts preparations for $800 million – $1 billion IPO
STT Global Data Centres India Private Limited (STT GDC India) has reportedly begun preparations for an initial public offering (IPO) next year, amid the ongoing data centre boom in the country. The Mumbai-headquartered company,...
Read MoreBSNL seeks Rs 80 billion from asset monetisation in FY27 to fund network investment
Bharat Sanchar Nigam Limited (BSNL) is reportedly targeting Rs 80 billion through the monetisation of its land and property assets in the current financial year, with the proceeds earmarked for capital expenditure. BSNL holds a...
Read MoreFoxconn unit acquires shares worth $37.2 million in India subsidiary
Hon Hai Precision Industry Co has announced that its subsidiary Foxconn Singapore Pte Ltd has acquired approximately 351.73 million common shares in its India subsidiary, Foxconn Hon Hai Technology India Mega Development Private...
Read MoreCCI approves Alpha Wave Global’s stake purchase in Nxtra Data
The Competition Commission of India (CCI) has cleared US-based Alpha Wave Global’s proposed acquisition of a stake in Nxtra Data. Alpha Wave Global is acquiring the stake through Alpha Wave Ventures II, LP, a private...
Read MoreSify secures IFC Funding for 103 MW data centre expansion
Sify Technologies’ wholly owned subsidiary, Sify Infinit Spaces Limited (SISL), has secured sustainability-linked financing from the International Finance Corporation (IFC), the private-sector investment arm of the World...
Read MoreAirtel increases stake in Airtel Africa to 79 per cent through share-swap deal
Bharti Airtel has increased its stake in Airtel Africa by 16.31 per cent points to approximately...
Read MoreVi raises Rs 11.82 billion from Aditya Birla Group via warrant issue
Vodafone Idea Limited (Vi) has raised Rs 11.82 billion from promoter Aditya Birla Group through the issue of warrants, according to an exchange filing. The company is relying on a target to triple its cash flow, along with new...
Read MoreJio Platforms files DRHP for potentially India’s biggest-ever IPO
Jio Platforms Limited (JPL) on Friday filed its draft red herring prospectus (DRHP) with the...
Read MoreBrookfield, GIC and BCI sell 7.3 per cent stake in Altius InvIT for Rs 36.56 billion
Brookfield, British Columbia Investment Management Corporation (BCI) and Singapore’s sovereign...
Read MoreVi shareholders approve Rs 47.3 billion Aditya Birla Group investment
Vodafone Idea Limited (Vi) shareholders have approved a Rs 47.3 billion investment by the Aditya...
Read MoreAdani Energy Solutions to acquire IntelliSmart Infrastructure for Rs 30.5 billion
Adani Energy Solutions Limited has signed a securities purchase and subscription agreement to acquire a 100 per cent equity stake in IntelliSmart Infrastructure for Rs 30.5 billion. IntelliSmart Infrastructure is a smart...
Read MoreCyient to acquire TAO Digital for $218 million to strengthen AI capabilities
Cyient is set to acquire US-based TAO Digital Solutions Inc., an artificial intelligence (AI)-native data and product engineering company, in a transaction that implies an enterprise value of nearly $218 million (Rs 20.71...
Read MoreAltius Telecom planning to file DRHP for Rs 60 billion IPO
Altius Telecom Infrastructure Trust, the Brookfield Asset Management-backed telecom tower infrastructure investment trust (InvIT), is reportedly preparing to file draft papers for a Rs 60 billion initial public offering (IPO)...
Read MoreVi acquires 26 per cent stake in renewable energy SPV for green power push
Vodafone Idea Limited (Vi) has signed agreements to acquire a 26 per cent stake in renewable...
Read MoreVi releases financial results for Q4 and full year ended March 31, 2026
Vodafone Idea Limited (Vi) has announced its financial results for the fourth quarter (Q4) and full year ended March 31, 2026. The company’s revenue from operations stood at Rs 113.32 billion in Q4 of financial year 2025-26...
Read MoreAditya Birla Group set to invest Rs 47.30 billion into Vi
The Aditya Birla Group will invest Rs 47.30 billion in Vodafone Idea Limited (Vi), bolstering the debt-laden operator’s financial position and its ability to continue competing against larger rivals Reliance Jio and Bharti...
Read MoreBharti Airtel releases Q4 and year-end financial results for FY26
Bharti Airtel has announced its audited consolidated financial results for the fourth quarter (Q4)...
Read MoreVi board to consider fundraising through equity/ warrants
According to Vodafone Idea Limited (Vi), its board will meet to consider a proposal for raising...
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