Global tech giant Microsoft is in discussions with the Telangana government on a proposal for setting up one of its largest data centres with an investment outlay of about USD 2 to 2.25 billion here, sources close to the development said on Thursday. If the discussions fructify, this would be one of the major investments of Microsoft outside the USA.
Telangana Minister for IT and Industries KT Rama Rao kicked off the process of discussions by initiating dialogues with senior management of Microsoft about a few months ago.
Microsoft is slated to add data centres in at least 10 more countries this year, and the company is on pace to build between 50 and 100 new data centres each year for the foreseeable future, Noelle Walsh, a Microsoft corporate vice-president who leads the team that builds and operates the company’s cloud infrastructure had reportedly said earlier. Set up in 1998 in Hyderabad, Microsoft India Development Centre is one of Microsoft’s largest Research and Development centres outside the Redmond headquarters.
Photo: File photo by EPA-EFE/EVERETT KENNEDY BROWN
Read more via CNBC-TV18
24th April 2026
EU leaders have asked officials to prepare a blueprint for how the bloc's previously obscure mutual assistance clause would work, host Cyprus said at a summit on Friday, amid doubts ov...
24th April 2026
Europe's "biggest, most important question" is whether the United States is ready to be a loyal NATO partner in case of a Russian attack, Polish Prime Minister Donald Tusk told the Fin...
24th April 2026
Morning Briefing
€2.8bn rail project to reshape Malta’s transport network
Malta plans to build a 24-kilometre light rail line linking St Paul’s Bay to the airport as part of a wide...
23rd April 2026
Updated 1010
Parliament approves “living wills” law granting patients right to refuse future treatmentParliament has approved legislation introducing "living wills", giving citizens t...
14th April 2026
The European Parliament is moving closer to finalising its position on the EU’s next long-term budget, setting the stage for a key institutional milestone in shaping the 2028–2034 Multia...
14th April 2026
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
24th April 2026
Porsche has agreed to sell its stakes in sportscar makers Bugatti and Rimac to a consortium led by a U.S. fund co-founded by a scion of Egypt's billionaire Sawiris family, one of the c...
24th April 2026
Greece will no longer be the euro zone's most indebted country by the end of this year, with its public debt set to fall below Italy's, according to sources and data from Italy's new b...
14th April 2026
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
14th April 2026
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
17th April 2026
Malta Public Transport announces that it will be operating two additional evening trips between Mġarr and Nadur in Gozo on Saturday 18 April 2026 to facilitate passenger travel following...
15th April 2026
In line with its mission to drive a truly digital Malta, GO plc is making giga-speed internet the entry point for all business customers, with six months completely free for new Business...
20th April 2026
Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday with just three crossings in the space of 12 hours, according to shipping data.
The oil prod...
14th April 2026
Rights groups, including Amnesty International, say Iran carries out more executions per capita than any other country, and more in total than any nation except China, where reliable fig...
25th February 2026
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
9th February 2026
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
21st April 2026
Russian forces have taken 1,700 square km (656 square miles) of territory in Ukraine this year and are advancing on its so-called fortress belt in Donbas, Moscow's top general said whil...
16th April 2026
Russia unleashed its deadliest attack so far this year on the Ukrainian capital Kyiv and other cities overnight, killing 16 people, including a 12-year-old child, and wounding scores, i...