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This data center stock will be a winner as Nvidia resumes China shipments, JPMorgan says
This data center stock will be a winner as Nvidia resumes China shipments, JPMorgan says

CNBC

time16-07-2025

  • Business
  • CNBC

This data center stock will be a winner as Nvidia resumes China shipments, JPMorgan says

Shares of GDS Holdings may see a boost as artificial intelligence darling Nvidia resumes shipments to China, according to JPMorgan. The firm upgraded the data center stock to overweight from neutral and raised its price target to $46 from $34. That updated target calls for about 22% upside from Monday's closing level. Earlier this week, Nvidia said that it hopes to start deliveries of its H20 general processing units "soon" after the U.S. government assured it that licenses would be granted. The company halted sales back in April after the U.S. government said that it would need a license to sell the chips to China. "We are upgrading GDS to OW, given the resumption of H20 shipments into China … should drive an upside case for the domestic DC business," analyst Gokul Hariharan wrote. "Demand indications from Tier-1 [cloud solution provider] customers remain quite strong for AI inference compute (as seen by the 150 MW order from Alibaba in 1Q25) and we see a pathway to continued upgrades in the China pipeline and revenue growth." U.S.-listed shares of the China-based company were more than 1% higher in the premarket following the move. Shares have also rallied more than 90% in the past three months and around 66% in the past six. GDS 3M mountain GDS, 3-month The analyst also noted that although capacity for AI training compute in China could be "balanced or in mild oversupply" due to an "aggressive" buildout in remote locations such as Ulanqab, he thinks that GDS has "very limited" exposure to that area of the market. Even with some oversupply, there could be some pricing upside next year as more AI inference demand kicks in, he added. Beyond China, the analyst said that GDS's international business has been "quite strong" and thinks that its international arm known as DayOne should continue to see gains even with rumblings of GPU restrictions in countries like Malaysia. "We believe that aggregate growth for DayOne … should continue, given the opening up of new markets (Thailand, Europe) and continued strong demand from its largest Chinese social media customer," Hariharan also wrote. Most of Wall Street is similarly bullish on the name, as 17 out of 18 analysts have a strong buy or buy rating, LSEG data shows. Its consensus target of almost $45 also implies more than 18% upside from here.

Woman tips off cops, husband and friend held for ganja supply
Woman tips off cops, husband and friend held for ganja supply

Time of India

time02-07-2025

  • Time of India

Woman tips off cops, husband and friend held for ganja supply

Chennai: A woman's alert to police led to the arrest of her husband, a techie involved in buying and distributing ganja, in Thiruvottiyur on Tuesday. Police also arrested his friend, who assisted him in the trade. The accused, Raja, 28, lived in a private apartment in Thiruvottiyur and worked for an IT firm on Anna Salai. According to police, he purchased ganja in bulk and stored it at home where he split it into smaller packets for distribution among friends and acquaintances. Despite repeated objections from his wife and frequent quarrels, he continued the activity. Police said he also physically assaulted her when she protested. Worried about the consequences of his drug dealings, his wife eventually contacted the Chennai Police control room and shared their address. A team of the Thiruvottiyur police immediately conducted a search at the residence and seized ganja. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai During questioning, Raja disclosed that he procured the narcotic from Hariharan, 25, a resident of North Railway Station Road in Thiruvottiyur. Hariharan, in turn, sourced it from a dealer in North Chennai. Police said they admitted to acquiring it through a WhatsApp group in which there are more than 100 members and earned a commission in the form of ganja for every sale Raja facilitated. Both Raja and Hariharan were remanded in judicial custody. Police have registered a case and are now investigating others linked to the distribution network.

Redington Celebrates 25 Years Of Democratizing Technology In MEA
Redington Celebrates 25 Years Of Democratizing Technology In MEA

Channel Post MEA

time30-06-2025

  • Business
  • Channel Post MEA

Redington Celebrates 25 Years Of Democratizing Technology In MEA

Redington celebrated 25 years of democratizing technology across Middle East and Africa at Redington ReInspire 2025, held at La Perle, Dubai. Opening the day, Redington's Managing Director and Group CEO, V.S. Hariharan, reflected on the company's evolution to a purpose-led digital platform. Hariharan said, 'We didn't start as a tech giant, but today we stand as the leading tech distributor in MEA, trusted by a large network of global brands and channel partners. What sets us apart is not just scale, but the strength of our ecosystem – channel partners, vendors and customers – working in gravitational harmony. That's how we've grown, and that's how we'll continue to democratize technology for decades to come.' The La Perle, Dubai theatre was packed with over 700 attendees – channel partners, technology vendors, and longtime collaborators – each of whom has played a role in Redington's remarkable growth story. The event's sponsors featured Microsoft, Fortinet, AWS, HPE, Aruba, Intel, Qlik, Nutanix and Confluent. Narayanan KV, Head of Omni Channel for the Middle East, Saudi Arabia, and Africa at HP Inc., delivered a heartfelt tribute to HP's 25-year partnership with Redington during his keynote address, highlighting the strength, trust, and shared success that have defined the journey. The packed agenda also featured keynote addresses from Rachel Lashford, Vice President, Marketing at Canalys; Adi Morun, Director – Data & AI Business, CEMA, Microsoft and Shadi Shidvash, EMEA Distribution Sales Director at Intel. Lashford shared compelling insights with channel partners in the room on emerging opportunities in AI, Cloud, SaaS and beyond in her keynote session, highlighting how partners can stay ahead in a rapidly evolving digital landscape. Morun delivered thought-provoking takeaways on 'Innovation in the Era of AI', offering a clear vision of how data and AI are reshaping industries and unlocking new possibilities for partners. Shidvash presented an engaging keynote titled 'Intel Inside, Great Partnerships Outside', emphasizing the power of collaboration in driving innovation, performance, and ecosystem-wide impact. Three power-packed panel discussions set the tone for forward-looking conversations during Redington ReInspire. There was a panel that brought Redington's new leadership team on stage for a deep dive into the company's strategy, culture, and next phase of growth. Moderated by the CEO of Redington MEA Viswanath Pallasena, the Redington panellists included Ramesh Natarajan, Chief Executive Officer, IME; Sayantan Dev, Global Head – Software Solutions Group; Serkan Celik, Chief Executive Officer, (Turkey, Africa, Egypt, CIS Region) and Serkan Kutlu, Global Chief Strategy Officer. Pallasena said, 'Over the last 25 years, Redington has made a real mark on the market. However, we're not standing still – we're evolving with it. As the needs of our partners and customers change, we're gearing up for what's next, embracing a digital-first mindset, and staying aligned with where the industry is headed.' Natarajan said, 'What we've built over time is powerful, but what we're building next is transformative. Together with our partners, we're reimagining and reinspiring the business of technology to be faster, more open, and deeply human.' The next panel, 'Building Intelligent Ecosystems in a Software-Defined Era', moderated by Sayantan Dev, explored how technology providers and partners can enable smarter, more adaptable businesses. The panellists included Andy Parkinson, Senior Director, Distribution Head EMEA / Channel Sales Leader META & CIS, Qlik; Vinod Krishnan, Head, Partner Management, META, AWS; Shane Grennan, Senior Director of Partner Sales and Business Development, MET, Fortinet; and Raif Abou Diab, Country Manager – UAE, Oman, Pakistan, Yemen & Sub-Saharan Africa at Nutanix Dev said, 'Redington has been committed to building intelligent ecosystems by bridging global innovation with regional opportunity. Redington ReInspire's venue, La Perle, Dubai, much like our vision, blends creativity with impact—an ideal setting to discuss what it means to thrive in a software-defined era. We are no longer talking about individual solutions. We're building interconnected ecosystems, where software, infrastructure, and services converge to deliver lasting value.' In another panel, Powering Technology That Matters, Redington invited leaders from Microsoft, HPE, Intel, and HPE Aruba to examine how AI, infrastructure, and connectivity can align with purpose and performance. This panel, presented in partnership with Intel, included Shadi Shidvash, EMEA Distribution Sales Director at Intel; Syed Mansoor Hussain, Device Partner Sales Lead UAE, Microsoft; Michael Langeveld, Head of Technology & Business Development (Emirates & Africa), HPE; and Ahmed AlSayed, Regional Channel Sales Manager, MEA, HPE Aruba. The event honored over 60 long-standing vendors and channel partners with Legacy Loyalty Awards, recognizing those who have stood with Redington through every transformation

#WorldMusicDay: Hariharan, Harshdeep Kaur and Meghna Mishra: 'Sing from your heart, it'll always connect'
#WorldMusicDay: Hariharan, Harshdeep Kaur and Meghna Mishra: 'Sing from your heart, it'll always connect'

Time of India

time20-06-2025

  • Entertainment
  • Time of India

#WorldMusicDay: Hariharan, Harshdeep Kaur and Meghna Mishra: 'Sing from your heart, it'll always connect'

What binds three generations of musicians together? A shared passion for authenticity, artistry and emotional connection. Today, on World Music Day, voices from three generations – the legendary , the soulful , and the young talent Meghna Mishra – converge for an exclusive conversation with us. Tired of too many ads? go ad free now They speak about their love for monsoon melodies, how they stay rooted in an ever-changing soundscape and the magic of meaningful music in a remix-heavy world. The pretty backdrop of Powai Lake, along with a light drizzle, set the rhythm for this special interview. Do you feel music and monsoons have a connection? What are your favourite rain songs? Hariharan : Absolutely! O Sajana Barkha Bahar Aayi, what a song! I remember sitting and listening to the song at a park in a Parsi colony, in Matunga, near my old family home. It was playing on the radio in one of the homes. The memory of rain, music and scent merging into magic is so vivid. Then, Colonial Cousins had the song Indian Rain in our first album. Another favourite track is Sawan Barse Tarse Dil (Dahek). Harshdeep : There's such a beautiful connection between music and monsoons. Indian classical music even has ragas like Megh Malhar that evoke the spirit of the rains, expressing love, longing and joy. One song that hits home for me is Nahin Samne Tu (Taal) by Hariharanji. Another favourite is Ab Ke Sawan by Shubha Mudgalji. Meghna : Music is deeply connected to nature, it's a language of emotion. One of my all-time favourite rain songs is Megha O Re Megha by Hemlataji. The first time I heard it, tears flowed uncontrollably. What's the one change you'd like to see in the Indian music industry? Harshdeep : Listeners often complain about the kind of music being released, but they also have the power to shape the industry. Tired of too many ads? go ad free now It is their responsibility, too, to encourage clean and good music. Support artistes who are genuine, who've dedicated their lives to music. That makes a difference. Hariharan : We need more originality. Innovation and expression are crucial. If you create music for the joy of it, it elevates the listener. A song without visuals lets the imagination soar, like reading a book versus watching a movie. Remixes are fine, but we shouldn't live in nostalgia. An artiste becomes relevant when they create something new, that's when magic happens. If the three of you collaborated on one genre-blending track, what would it sound like? Hariharan : Harshdeep has a deep, spiritual tone, while Meghna's voice has a beautiful innocence. I'd create a track blending swaras, aalaaps, sargams, a pop-style bandish, and even shlokas. Leslee Lewis would be perfect for composing and writing this genre-fusing piece. Harshdeep : An indie-folk song with classical textures, something rooted and melodic. Someone like Shankar-Ehsaan-Loy or Rahman sir would be perfect to compose it. Meghna : I'm currently tripping on South Indian music. It would be amazing if the three of us could do a South Indian track composed by AR Rahman sir, M Jayachandran sir. In a world full of remixes and reels, how do you stay rooted in meaningful music? Hariharan : Enjoy remixes if you like, but don't get swept up in trends. If you only make what others want, you'll eventually feel hollow. Put out music that you love. That's how you stay grounded and creatively fulfilled. Harshdeep, how do you balance adapting to changing trends while preserving your unique identity? It's important to evolve with changing sounds, but never lose your roots. I treat my voice like an instrument, constantly experimenting with tone and style depending on the song. Soulful music will never go out of style. Life is chaotic — people seek calm, and music is one of the best ways to heal. Meghna, what's something you've learned from watching artistes like Hariharan and Harshdeep Kaur that no classroom could teach? Performance. Every artiste has a unique style, and I've learned so much by watching them live – how they improvise, produce, and most importantly, how they connect with the audience. That connection is what sets a performer apart. Is there a song of yours that you feel was underrated and deserved more love? Harshdeep : Waah Sajna, a Sufi song I released in 2023. Hariharan : My ghazal album Waqt Par Bolna, which I think is one of my best. Meghna : Ki Bas, a ghazal composed by Sanjay Kumar Mishra and written by the late Aziz Ghazipuriji. Rapid fire with Hariharan, Harshdeep and Meghna (L-R) Harshdeep Kaur, Meghna Mishra and Hariharan One song you wish you'd sung? Hariharan : Tu Jahan Jahan Chalega Harshdeep : Lambi Judai Meghna : Kaash by Hariharanji Riyaaz in the morning or midnight jams? Hariharan : Riyaaz in the morning Harshdeep : Both Meghna : Riyaaz in the morning Classical ragas or unplugged gigs? Hariharan : Classical ragas Harshdeep : Unplugged gigs Meghna : Classical ragas Describe music in one word Hariharan : Spirituality Harshdeep : Oxygen Meghna : Life

Lockdown hobby of this former schoolteacher turns a thriving venture
Lockdown hobby of this former schoolteacher turns a thriving venture

The Hindu

time19-06-2025

  • Business
  • The Hindu

Lockdown hobby of this former schoolteacher turns a thriving venture

What began as a creative engagement for this former schoolteacher during the COVID-19 lockdown has now grown into a thriving business. Soumya Hariharan from Puthanangadi, near Cherthala, began making nettipattam (caparison) to beat the boredom during the lockdown. Today, the 38-year-old runs a full-fledged nettipattam-making unit. Initially, she experimented with making crafts using glass bottles and waste materials. This creative pastime eventually led her to try her hand at making nettipattam, the ornamental headgear used to adorn elephants during festivals and also used as wall hangings. New models 'It was through YouTube tutorials and reading that I learned to make nettipattams in 2020,' says Ms. Hariharan. 'As my interest grew, I began designing new models and sharing pictures and videos on social media. Gradually, the demand increased and that encouraged me to set up a manufacturing unit,' adds the entrepreneur. The unit currently employs 10 people and generates an average monthly income of ₹1 lakh. Besides nettipattam, it also produces thidambu, alavattam (decorative circular shield) and valkannadi photo work, among other items. Product prices range from ₹500 to ₹35,000. Most items, including nettipattam, are intended for home decor. Nettipattams made at the unit have also featured in 'Kettukazcha' pageants during temple festivals. So far, products from the unit have reached around 15 countries and various parts of India, with most customers being Keralites. 'The most in-demand product is the nettipattam decorated with peacock feathers. Other items are also receiving orders. We are planning to introduce new models and expand the business,' says Ms. Hariharan. Stable income Viji Jaimon, an employee at the unit, says the job provides her family with a stable income. 'I have been working here for the past two years. I specialise in making nettipattams with peacock feathers. It gives me not just financial security, but also a sense of pride and satisfaction in being part of something creative and culturally significant,' she says. The unit's clientele includes celebrities and Ministers. Most of the marketing is done through social media.

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