Reliance New Energy acquires assets of Lithium Werks for US $61 million
Reliance New Energy Limited (“Reliance”), a wholly-owned subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV (“Lithium Werks”) for a total transaction value of US$ 61 Million including funding for future growth. The assets include the entire patent portfolio of Lithium Werks, manufacturing facility […]
Why Mumbai & Chennai Continue to be Data Centre operator’s preferred destination: Nxtra & JLL study
A joint study titled ‘Data Centres: The building blocks of the digital revolution in India,’ by Nxtra by Airtel and JLL India shows that the convergence of data protection, strong demand from cloud players, migration from captive to cloud, industry-friendly regulations, government’s digital initiatives, and investments will spearhead the ongoing growth of the data centre […]