Overview

India’s data centre capacity to double in next 30 months with Rs 55,000 cr investment

India’s data centre capacity to double in next 30 months with Rs 55,000 cr investment

India’s data centre operational capacity is projected to more than double to 2,000-2,100 MW by FY27 from 950 MW in FY24, involving an investment in the range of Rs 50,000-Rs 55,000 crore, a report said on Tuesday.

The data centre capacity in India is dominated by a few players like NTT Global Data Centers, STT Global Data Centers, CtrlS Data Centres, Sify Technologies and Nxtra Data Limited, which had a share of 85 per cent in the operational capacity (as of March 2024).

However, considering the strong demand for data centres in the country, many new developers like Yotta, Digital Connexion, Lumina CloudInfra, CapitaLand, Digital Edge, etc., have entered the industry with massive investments, said the report by credit rating ICRA.

England opt for spin trio on 'raked' Rawalpindi pitch as Rehan Ahmed returns

England opt for spin trio on 'raked' Rawalpindi pitch as Rehan Ahmed returns

England have opted to field a spin-heavy attack for the third Test against Pakistan in Rawalpindi, recalling 19-year-old Rehan Ahmed alongside Jack Leach and Shoaib Bashir. The decision comes as local ground staff in Pakistan appear to have deliberately "raked" the pitch to favour spin, according to England batter Harry Brook.

The pitch preparation in Rawalpindi, which reportedly involved the use of rakes, industrial fans and heaters to dry out the surface, suggests a strategy from Pakistan to bring their own spinners into play, especially following their victory on a reused strip in Multan.

Salman Khan to have a cameo in ‘Singham Again’

Salman Khan to have a cameo in ‘Singham Again’

While the stage is set for a thrilling clash between this years’ Diwali releases ‘Singham Again’ and ‘Bhool Bhulaiyaa 3’, the former seems to have one-upped the Kartik Aaryan-starrer now. ‘Singham Again’ which features a galaxy of Bollywood stars, majority of them portraying supercops, there’s another addition to the mix.

Word is that Bollywood superstar Salman Khan will also be seen in a cameo appearance in the film portraying the character of the OG supercop, Chulbul Pandey in ‘Singham Again’ directed by Rohit Shetty.

Although not from the Rohit Shetty cop universe, Chulbul Pandey is an iconic character of Hindi cinema, and was first seen in ‘Dabangg’ directed by Abhinav Kashyap, the brother of the poster boy of independent cinema, Anurag Kashyap.

Cook believes Root can get 'very close' to Tendulkar's record Test runs

Cook believes Root can get 'very close' to Tendulkar's record Test runs

Former England captain Alastair Cook believes in-form compatriot Joe Root can get 'very close' to Sachin Tendulkar's record 15,921 Test runs in the coming years.

Recently, Root surpassed Cook to become the leading run-getter and century-maker for England in the first Test between England and Pakistan in Multan earlier this month. With 12,716 runs, Root is the fifth-highest run-scorer in Test cricket.

“I watched the moment, then I rang him after the end of the play. I couldn't think of the right words to write in a text message. So I thought I’d just ring him, see what he was up to, and make sure he had a beer in his hand, which I think he did,” Cook, who was inducted into the ICC Hall of Fame, said during a round-table interview hosted by the ICC.

“I think Joe Root could set a mark, certainly on an English side, that’ll be very hard to beat. But you just never know. I hope he can get very close, if not be the first person who scores 16,000 Test runs. It'd be a great achievement," he added.

Paytm reports Rs 930 crore net profit after one-time gain, stock down over 4 pc

Paytm reports Rs 930 crore net profit after one-time gain, stock down over 4 pc

The shares of One 97 Communications Ltd (parent company of Paytm) slumped over 4 per cent on Tuesday after the fintech platform posted a net profit of Rs 930 crore in the July-September quarter (Q2) of FY25 (due to one-time gain), against a loss of Rs 292 crore in the year-ago period.

Paytm achieved profitability owing to a one-time exceptional gain of Rs 1,345 crore after selling its entertainment ticketing business to Zomato.

Without the one-time exceptional gain, the company clocked Rs 495 crore loss in Q2 -- a 70 per cent increase compared to the previous year.

Gurugram: Kadipur Animal Hospital to be made veterinary centre of excellence

Gurugram: Kadipur Animal Hospital to be made veterinary centre of excellence

Kadipur Animal Hospital will be renovated and around Rs 100 crores will be spent to make the facility a modern veterinary hospital, officials said on Monday.

Gurugram Deputy Commissioner Nishant Kumar Yadav said that an MoU was signed between the Animal Husbandry Department and Vedanta Company on 11 October so that pets and animals in the Gurugram district can get proper medical service at the right time.

"The company has prepared a project report to make the government animal hospital in Kadipur a Veterinary Center of Excellence, which will be implemented in two phases. Soon, this project will get approval from the Animal Husbandry Department, and after that,t, this work will be started after about a month," he said.

He further said that a committee has been formed at the district level for this work. This committee will monitor the work and services being done in the hospital.

Groww clocks Rs 805 crore net loss in FY24, revenue up 119 pc

Groww clocks Rs 805 crore net loss in FY24, revenue up 119 pc

Online brokerage firm Groww on Monday reported a net loss of Rs 805 crore in FY24, after paying about Rs 1,340 crore as a one-time tax on its domicile movement to India earlier this year.

The company clocked Rs 3,145 crore in revenue for the fiscal ending March 31, 2024, a 119 per cent growth from FY23 at Rs 1,435 crore.

Groww said it maintained its operational profitability of Rs 535 crore for FY24 compared to Rs 458 crore for FY23.

The full-stack financial services platform continued its growth trajectory with 2.2 times increase in scale on a consolidated basis for last fiscal.

Odisha: Cyclone Dana to make landfall between Puri and Sagar Islands

Odisha: Cyclone Dana to make landfall between Puri and Sagar Islands

Cyclone Dana is expected to make landfall between north Odisha and West Bengal coasts between Puri and Sagar islands on October 24.

The low-pressure area developed over the east-central Bay of Bengal and adjoining the north Andaman Sea is likely to intensify into a depression by October 22 morning.

“Continuing to move northwestwards, it is very likely to cross north Odisha and West Bengal coasts between Puri and Sagar Island during the night of 24th and early morning 25th October as a severe cyclonic storm with a wind speed of 100-110 kmph gusting 120 kmph,” informed the India Meteorological Department.

The IMD also issued a red alert predicting very heavy to extremely heavy rainfall above 20cm to occur at isolated places in the districts of Mayurbhanj, Balasore, Bhadrak, Kendrapara, Jagatsinghpur, Jajpur, Cuttack on October 24.

Six killed, eight injured in Israeli airstrike on Lebanon: Sources

Six killed, eight injured in Israeli airstrike on Lebanon: Sources

Six people were killed and eight others injured on Monday in an Israeli drone attack on a house in eastern Lebanon's city of Baalbek, according to official Lebanese sources.

An Israeli drone raided the house in the Nabi Inaam neighbourhood of central Baalbek, Lebanon's official National News Agency said, adding women and children were among the dead, news agency reported.

Civil Defence teams retrieved the bodies, while the Lebanese Red Cross transferred the casualties to nearby hospitals, it said.

Meanwhile, Hezbollah said Monday in a statement that it had downed an Israeli Hermes-900 drone on Sunday evening during an exchange of shelling with the Israeli army in southern Lebanon. The group noted that this was the ninth drone it had shot down in southern and eastern Lebanon since October 8, 2023.

Myanmar: 8 dead, 18 missing in ferry accident

Myanmar: 8 dead, 18 missing in ferry accident

At least eight people have died with 18 others missing and 11 hospitalised over injury after a passenger ferry capsized in southern Myanmar, an official from the Myeik Fire Services Department said on Monday.

The accident occurred in Palaw Township of Myeik District in Tanintharyi Region, around 9:15 p.m. local time on Sunday, news agency reported quoting the official.

The accident was caused by a strong whirlpool, which flipped the ferry, he added.

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