Latest news with #AnantRajLtd
Business Standard
07-07-2025
- Business
- Business Standard
Sobha Ltd Slides 0.75%
Sobha Ltd has lost 10.21% over last one month compared to 6.74% fall in BSE Realty index and 1.47% rise in the SENSEX Sobha Ltd fell 0.75% today to trade at Rs 1508.95. The BSE Realty index is down 0.19% to quote at 7525.73. The index is down 6.74 % over last one month. Among the other constituents of the index, Anant Raj Ltd decreased 0.65% and Godrej Properties Ltd lost 0.59% on the day. The BSE Realty index went down 13.9 % over last one year compared to the 4.25% surge in benchmark SENSEX. Sobha Ltd has lost 10.21% over last one month compared to 6.74% fall in BSE Realty index and 1.47% rise in the SENSEX. On the BSE, 326 shares were traded in the counter so far compared with average daily volumes of 18790 shares in the past one month. The stock hit a record high of Rs 2146.9 on 05 Jul 2024. The stock hit a 52-week low of Rs 1075.7 on 07 Apr 2025.
Time of India
01-07-2025
- Business
- Time of India
Anant Raj to invest $2 billion on data centre boom
Anant Raj Ltd. plans to spend Rs 180 billion ($2.1 billion) on data centres as it joins a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country. The Delhi-based developer with a market value of $2.3 billion will launch two more data centres or server farms in the northern Indian state of Haryana. This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said. For context, India's data centre capacity is poised to grow by 77% to 1.8 gigawatts in the next four years, according to a 2025 report by property consultant JLL. 'India is witnessing one of the fastest growth phases globally for data centres,' said Sarin in an interview, adding that the project will be funded through the company's own funds. Anant Raj's move follows ambitious plans by India's top business houses Adani Group and Reliance Industries Ltd. to expand their footprint. The trend is underscored by Barclays Plc's view that the South Asian nation will be a big beneficiary of the data centre investment boom in Asia, driven by digitalization and rules requiring data to be stored within the country. Smaller firms are not far behind. Bengaluru-based RMZ Corp. is spending $1.7 billion on two data centres and Panchshil Realty is considering partnering with Blackstone Inc. to build a large data centre in Mumbai. Data centres are expected to make up more than 40% of Anant Raj's revenues in the next four years from 5% at present, Sarin said. The company tied up with the French IT company Orange Business to provide cloud services to its clients along with data centres last year. 'India currently generates 28% of the world's data but houses only 1% of it locally, presenting a significant opportunity for expansion as data localization becomes inevitable,' Sarin said.
Business Standard
01-07-2025
- Business
- Business Standard
DLF Ltd Spurts 1.43%
DLF Ltd has added 6.56% over last one month compared to 4.61% gain in BSE Realty index and 2.74% rise in the SENSEX DLF Ltd rose 1.43% today to trade at Rs 849.55. The BSE Realty index is up 0.74% to quote at 7699.03. The index is up 4.61 % over last one month. Among the other constituents of the index, Oberoi Realty Ltd increased 0.87% and Anant Raj Ltd added 0.75% on the day. The BSE Realty index went down 10.48 % over last one year compared to the 5.3% surge in benchmark SENSEX. DLF Ltd has added 6.56% over last one month compared to 4.61% gain in BSE Realty index and 2.74% rise in the SENSEX. On the BSE, 5739 shares were traded in the counter so far compared with average daily volumes of 1.26 lakh shares in the past one month. The stock hit a record high of Rs 928.7 on 26 Sep 2024. The stock hit a 52-week low of Rs 601.2 on 07 Apr 2025.
Time of India
30-06-2025
- Business
- Time of India
Delhi developer to invest $2 billion on India data centre boom
Anant Raj Ltd. plans to spend Rs 180 billion ($2.1 billion) on data centres as it joins a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country. The Delhi-based developer with a market value of $2.3 billion will launch two more data centres or server farms in the northern Indian state of Haryana. This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said. For context, India's data centre capacity is poised to grow by 77% to 1.8 gigawatts in the next four years, according to a 2025 report by property consultant JLL. 'India is witnessing one of the fastest growth phases globally for data centres,' said Sarin in an interview, adding that the project will be funded through the company's own funds. Anant Raj's move follows ambitious plans by India's top business houses Adani Group and Reliance Industries Ltd. to expand their footprint. The trend is underscored by Barclays Plc's view that the South Asian nation will be a big beneficiary of the data centre investment boom in Asia, driven by digitalization and rules requiring data to be stored within the country. Smaller firms are not far behind. Bengaluru-based RMZ Corp. is spending $1.7 billion on two data centres and Panchshil Realty is considering partnering with Blackstone Inc. to build a large data centre in Mumbai. Data centres are expected to make up more than 40% of Anant Raj's revenues in the next four years from 5% at present, Sarin said. The company tied up with the French IT company Orange Business to provide cloud services to its clients along with data centres last year. 'India currently generates 28% of the world's data but houses only 1% of it locally, presenting a significant opportunity for expansion as data localization becomes inevitable,' Sarin said.
Mint
30-06-2025
- Business
- Mint
India's data centre boom: Delhi developer Anant Raj to invest $2 billion to expand Haryana facilities. Details here
Anant Raj Ltd, a Delhi-based developer, plans to spend $2.1 billion on data centres, joining a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country. The company tied up with the French IT major Orange Business to provide cloud services to its clients along with data centres last year, Bloomberg reported. Anand Raj, with a market value of $2.3 billion, will launch two new data centres or server farms in Haryana, in addition to the one already operating. The company targets a total capacity of 300 megawatts by 2032 with the new investment, Amit Sarin, managing director at Anant Raj said. According to Sarin, data centres are expected to account for more than 40 per cent of Anant Raj's revenues within the next four years, a significant leap from the current 5 per cent. The expansion aligns with India's vision of data centre growth. A 2025 report by property consultant JLL. indicates that India's data centre capacity is poised to grow by 77 per cent to 1.8 gigawatts in the next four years. Sarin also told Bloomberg that 'India is witnessing one of the fastest growth phases globally for data centres,' adding that the project will be funded through internal accruals. Anant Raj's move follows similar ambitious plans by India's top business houses, Adani Group and Reliance Industries, to expand their footprint. This trend is reinforced by Barclays Plc's assessment that India will be a big beneficiary of the data centre investment boom in Asia, driven by digitalisation and rules requiring data to be stored within the country. Smaller firms are also actively entering the trend. Bengaluru-based RMZ Corp is spending $1.7 billion on two data centres and Panchshil Realty is considering partnering with Blackstone Inc to build a large data centre in Mumbai, the news agency reported. 'India currently generates 28 per cent of the world's data but houses only 1 per cent of it locally, presenting a significant opportunity for expansion as data localisation becomes inevitable,' Sarin said.
