US fed rate hike: The aggressive rate hikes will dampen demand and increase the possibility of a recession in the US. This could accelerate the pace of capital outflows, weaken the rupee and raise the threat of imported inflation.
Panaji, Aug 28: Adani Group firm AdaniConneX is planning to build 1,000 megawatt data centres — almost double the present size of the total industry — over a period of 10 years, a senior company official said. AdaniConneX Senior Vice President and Head of Data Centre Business, Sanjay Bhutani said the the first seven data centres of the company will come up in Mumbai, Chennai, Hyderabad, Delhi, Bengaluru and Pune. “We are building 1,000 megawatt data centres. Today, the industry […]
Adani Group firm AdaniConneX is planning to build 1,000 megawatt data centres almost double the present size of the total industry over a period of 10 years.
Falling value of the rupee against the US dollar is turning out to be a mixed bag for the industry with some sectors bearing the brunt while others, especially software exporters, are hoping for continued gains.