Sterlite Technologies (STL) has announced its entry into the burgeoning AI-driven data centre market, showcasing its integrated offerings at the India Mobile Congress 2024. The company’s portfolio, featuring optical cables, connectivity, and interconnect solutions, was inaugurated by India’s Telecom Minister, Shri Jyotiraditya Scindia. This development marks a significant step forward in India’s technological landscape, aligning with the country’s ‘Make-in-India’ initiative.
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Axis Bank, LTIMindtree, Kotak Mahindra Bank, Nestle India, IndusInd Bank, Zee Entertainment, Delhivery, AU Small Finance Bank, Dalmia Bharat, RailTel, V-Guard Industries, PVR INOX, STL, Motherson Sumi, and Motilal Oswal AMC released their quarterly earnings reports this week. Industry news includes updates on the Lodha Group, CPPIB’s stake in Delhivery, and the upcoming launch of ad-free movies by PVR INOX.