Maharashtra government to shell out Rs 95000cr to develop Mumbai and Navi Mumbai as DC hubs
Maharashtra, one of India’s most industrially advanced states, has set its sights on establishing Mumbai and Navi Mumbai as thriving data center hubs. With a significant investment of Rs 95,000 cr, the state aims to create a robust infrastructure that will attract global technology companies and position itself as a leader in the digital economy. […]
Korea Considers Penalizing Kakao Pay for Pangyo Data Center Fire
South Korea’s Financial Supervisory Service(FSS) is reportedly considering penalizing senior officials of Kakao Pay, the online payment unit of Korean tech giant Kakao Corp., for the massive disruption of services caused by its data center fire last October. Authorities said Kakao’s backup systems failed to kick in fast enough as a result of a battery […]
Second data center by BAM Digital to come up in Mumbai
BAM Digital, a technology company specializing in data management and cloud services, has recently announced the establishment of its second data center in Mumbai, India. The decision to set up a second data center in Mumbai comes in response to the exponential growth of data-driven industries in India and the need for a robust infrastructure […]
Macquarie (ASX: MAQ) to raise $130M to expand data centre business
Macquarie Technology Group (ASX: MAQ) today announced it is raising $130 million to expand its data centre business and has entered a trading halt. See below key details on the raise and HERE the company’s equity raising presentation. Overview The A$130M is being sought via a non-underwritten institutional placement. The capital will strengthen Macquarie’s balance sheet and provide funding […]
JLG & MSAR Collaborate to Expand Dark Fiber Connectivity in Johor Using 1063km Digital Superhighway
JLand Group (JLG), the real estate and infrastructure arm of Johor Corporation, has recently entered into a Memorandum of Understanding (MoU) with MSA Resources Sdn Bhd (MSAR), a leading provider of telecommunications infrastructure. The objective of this collaboration is to establish a direct connection between Sedenak Tech Park (STeP) and the Digital Superhighway Network. Under […]