East India

Airtel's arm infusing Rs 600 cr to build east India's largest data center

Bharti Airtel subsidiary Nxtra Data Ltd Tuesday said the company will invest Rs 600 crore in the development of its largest data center in east India. The center when developed will serve the underserved markets of the east and north-east regions along with the SAARC countries, Nxtra Executive Director and chief operating officer Rajesh Tapadia said on the occasion of the ground breaking ceremony. The company will invest Rs 600 crore to build the 25 MW data center in Bengal Silicon Valley, Kolkata and will be fully operational by 2024, he said. It will also fulfill the growing needs of enterprises and global cloud players. "Nxtra is on an expansion spree and will invest over Rs 5000 crore over the next four years to expand its capacity by 3X to over 400 MW. The company has already invested and partnered with eight organisations to source more than 180,000 MWh of renewable energy," Tapadia said. "Nxtra has the ambition to reach net zero by 2031," he added. The company said "Once r

Bandhan Bank to open 551 branches in FY'23: MD Chandra Sekhar Ghosh

Bandhan Bank will open 551 more branches in the 2022-23 fiscal, as a part of the lender's focus to make its distribution stronger in other parts of India outside the eastern region, MD & CEO Chandra Sekhar Ghosh said. With the latest addition, the Kolkata-headquartered bank's branch count will exceed 6,000, he said. "India is a huge country and just one Bandhan Bank of the scale at which we are right now is not enough. So, we have to scale up even further and even faster. "Majority of these (new branches) will be outside of east India, where we are already very strong in penetration. Bolstering our distribution in other parts of the country is a key focus for us," Ghosh said here at the seventh anniversary celebrations of Bandhan Bank on Monday night. He said the bank's push for digital and tech transformation has been a great success, with 92 per cent of the total transactions taking place through the digital route. Ghosh also said Bandhan Bank will continue to expand its product

New Jharkhand projects to boost development in east India: PM Modi

The prime minister also said that efforts had been underway over the past eight years to strengthen the infrastructure of railways, roadways and airways in the region.

Intense convection over east, NE India may help monsoon to advance: IMD

Intense convection over large parts of east India, NE India Odisha, Tamil Nadu, among other places, late on Tuesday night may help in further advancement of the Southwest Monsoon, the IMD said

East, NE India to see wet spell during next 48 hours, dry thereafter

East and northeast India will see a wet spell during the next 48 hours and dry weather thereafter, the IMD said

East India to get Rs 51,000 crore funding via LNG project

The LNG terminal at Dhamra is part of Pradhan Mantri Urja Ganga Yojana