JPMorgan bets big on India amid robust economic growth

IANS | December 12, 2025 3:52 PM

New Delhi, Dec 12 (IANS) JPMorgan Chase & Co. is preparing to open a new branch in India for the first time in almost ten years, signalling the US banking giant's deepening interest in one of the world’s fastest-expanding major economies.

Cloud data centre capacity in India estimated to grow 4-5 times by 2030: Govt

IANS | December 12, 2025 3:44 PM

New Delhi, Dec 12 (IANS) Cloud data centre capacity in India has reached approximately 1,280 MW, largely serving critical sectors such as banking, power and other critical public infrastructure and according to industry estimates, it will grow by 4-5 times by 2030, the Parliament was informed on Friday.

Refex Industries’ shares hit 20 pc lower circuit after IT search

IANS | December 12, 2025 3:33 PM

New Delhi, Dec 12 (IANS) Shares of Refex Industries fell sharply on Friday, hitting a 20 per cent lower circuit at Rs 254.35 after the company confirmed that the Income Tax Department had launched search operations at its registered office and other locations linked to the Refex Group.