Thu, Feb 1, 2024 1:04 PM
Solar stocks jump as FM proposes aid for 1 crore rooftop systems in Budget
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The Indian data centre industry's capacity is set to more than double to 2-2.3 GW by fiscal 2027, Crisil Ratings asserted on Monday, attributing to increased digitalisation in the economy. Enterprises are increasingly investing in cloud storage. Further, according to the rating agency, the rising penetration of GenAI is expected to drive the demand over the medium term.
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PVR INOX Ltd has restructured its ₹600 crore media business, appointing Chief Sales Officer Shalu Sabharwal to lead initiatives, focusing on deepening market connections and driving growth across India, with a team of industry experts to bolster the business through data-driven decisions and sponsorship opportunities.
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Japan's Nikkei share average gained on Monday, buoyed by Wall Street's Friday rally. The Nikkei climbed 1.19% to finish the day at 39,161.34. The broader Topix rose 0.92%. Big tech names supported the Nikkei's rise, with chip-testing equipment maker Advantest soaring 4.54%. Chip-making machinery giant Tokyo Electron firmed 1.31% and startup investor SoftBank Group gained 2.01%.
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