Economy · India
Standard Engineering to acquire majority stake in GScale Energy
Standard Engineering has announced plans to acquire a 51% stake in GScale Energy for ₹190 crore. This move signifies Standard Engineering's entry into the AI data-centre infrastructure market. The acquisition is part of a larger ₹500 crore program aimed at growth and capacity expansion in this sector.
How outlets across the spectrum covered it
Left 1 · Centre 2 · Right 0 n = 3
- Left (1): The Hindu
- Centre (2): Business Standard, Mint