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Did our AI summary help? Finance Minister Nirmala Sitharaman, on February 1, has proposed a landmark tax holiday until 2047 for foreign companies providing cloud services using data centre ...

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks are tapping investors such as insurance companies and private credit funds as they try to find buyers for ...

NEW DELHI, Feb 1 (Reuters) - India said on Sunday foreign companies using data centres built in the country to provide services to global clients will not face any taxes for doing so for more than 20 ...

Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...

Amazon Web Services ended 2025 with its strongest quarterly growth rate in more than three years. The company reported Thursday that its cloud service business recorded $35.6 billion in revenue in the ...