FT GRID
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Advait Energy Transitions Q2 profit jumps 89% to Rs 19.18 crore; revenue rises 41%
Advait Energy Transitions has reported an 88.5 percent increase in net profit for the quarter ending September 30, 2026. Revenue for this period rose 40.8 percent, reaching Rs 220.9 crore, driven by strong demand for power transmission solutions. The company also experienced substantial growth in its consolidated revenue for the first half of FY27.
Michael and Susan Dell's 59th-floor penthouse at Millennium Tower in Boston is up for auction with minimum reserve price of $6.5 million
Michael and Susan Dell have put their penthouse in Millennium Tower, Boston up for auction with a minimum reserve price of $6.5 million. The property was purchased for $10.9 million in 2016 and has been listed at different prices. The sealed-bid auction is being managed by Paramount Realty USA and Serhant Massachusetts. It will close on October 29.
In 2019, the Netherlands tested a 1,312-foot highway noise barrier with two-sided solar panels; it generated 325.5 MWh over 18 months
Dutch engineers transformed highway sound walls into solar power generators. These innovative walls produced significant electricity during an eighteen-month test period. The bifacial solar glass panels generated power from both sides, maximizing energy capture. This project demonstrated a novel approach to clean energy generation without using new land. Similar opportunities exist in America for repurposing existing infrastructure.
Since 2025, Belgium installed 23 concrete blocks weighing 22,000 tonnes each in the North Sea; together, they now form the walls of a new artificial energy island
Belgium is turning a huge offshore construction project into reality. Since 2025, workers have installed 23 massive concrete blocks in the North Sea. Each block weighs about 22,000 tonnes, making the scale of the project hard to grasp. Together, the blocks form the protective walls of a new artificial energy island. The island is designed to become a key link in Belgium’s growing offshore renewable-energy network, helping connect future wind power to the electricity grid on land.
The four questions India must ask before its AI data centre boom outpaces its grid
Data centers now face public scrutiny regarding their resource consumption. These facilities use less water than comparable commercial spaces annually. However, efficient cooling systems can increase electricity usage significantly. Renewable energy and hybrid cooling systems are key to managing this impact. India must balance growth with responsible resource management for future technology.
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India could be a big winner in AI data centre boom, but power demand may be the catch
India is set to gain significantly from the global AI data centre expansion. Demand for local cloud infrastructure and sovereign AI is driving this growth. Significant investments are flowing into India's data centre development projects. However, power and grid infrastructure expansion pose major challenges. Addressing these will be crucial for India to become an AI hub.
Fear the reckless humans, not the rogue AI
AI isn’t plotting a coup; humans are simply giving algorithms too much power with too little governance.
UK's Heathrow airport defends decision to shut airport amid blame game
Heathrow defended its decision to shut down last Friday after an 18-hour closure caused by a transformer fire, stranding thousands and costing airlines millions. Despite claims by National Grid that two other substations could supply power, Heathrow cited the need to safely reboot critical systems. The government and Heathrow have launched reviews to determine what went wrong.
PM Modi to inaugurate strategically crucial Sela Tunnel project in Arunachal on Saturday
Prime Minister Narendra Modi will inaugurate the Sela Tunnel in Arunachal Pradesh's Tawang district at a function in Baisakhi, West Kameng district. The tunnel, constructed with the New Austrian Tunneling Method (NATM), will provide all-weather connectivity to the Tawang region, enhancing the strategic and operational capabilities of the Indian Army. Additionally, Modi will remotely inaugurate the Barauni-Guwahati Natural Gas Pipeline.
Britain's National Grid drops China-based supplier over cyber security fears: Report
Britain's National Grid has removed components from its electricity transmission network supplied by China-backed Nari Technology due to cyber security concerns. The decision was made in April after consulting the National Cyber Security Centre. The decision was based on NR Electric UK components that help control and balance the grid and minimize blackout risks.
India gears up for multi-billion dollar battery subsidies
The draft proposal for a production-linked incentive subsidy scheme would offer 216 billion rupees ($2.63 billion) from this year through to 2030 for companies to set up manufacturing capacity for battery cells in India, the FT reported.
Northern Army commander reviews security situation along LoC in Kashmir
During the day, Lt Gen Dwivedi interacted with and felicitated five civilians at the Chinar Corps headquarters for efforts undertaken by them to promoting peace, happiness and empowerment initiatives.
Telangana's GRID policy likely to drive growth for Hyderabad office market
As part of the GRID policy, 11 industrial parks have already been identified for conversion to IT Parks, located along the Outer Ring Road (ORR) in the Northern and Eastern parts of the city. Additionally, the Government will construct an IT tower at Kompally in the North and an IT Park at Kollur in the North-Western region.
Hyderabad second only to Bengaluru in office space absorption
Hyderabad registered leasing of 5.4 million sq ft of office space in 2020, according to a report by property consultant Savills India, second only to Bengaluru’s 11.4 million sq ft.
How to build a commercial solar power plant in India?
Many factors determine the commercial solar panels cost in India and it is imperative that all factors be considered before installing a solar power plant.
Better than GPS: This digital address is pinpoint accurate, ensures you never get lost
Instead of a long rambling address, which still fails to direct people accurately, LinCodes wants you to have a 12-digit address and ensure you never get lost.
'Won't waste even a drop of water': AP legislators take oath
The Chief Minister said his government was trying to build a Smart Water Grid to make the state drought-proof and provide "water security" to all.
Can solar power your home and your wallet?
Bescom's new initiative lets you have solar panels to electrify your house and sell the excess power back to the utility. But is the investment worth it?
Ask the builder to get you off the grid
Apartment buyers are asking for it and developers are offering it as an amenity. And considering its benefits no one is complaining about the one time investment.
Nandan Nilekani shells out Rs 22.5 crore for sea-facing Mumbai apartment
The deal for the 1,750-sq-ft three-bedroom property is the second most expensive transaction ever on a per-sq-ft basis for a residential apartment in the country.
DLF follows Gujarat model, to install solar panel on commercial buildings
DLF is set to become the first real estate developer in the country to generate power by installing solar panels on top of its office buildings.
Vikram Solar supplies solar power equipments to Germany
Vikram Solar is part of the 35 year old Vikram Group of companies engaged in engineering and manufacturing activities.
'New Chandigarh' to be developed as hi-tech city: Sukhbir Singh Badal
With an aim to develop New Chandigarh as a futuristic township, the Punjab government today said the final master plan to convert Mullanpur into a hi-tech city will be ready within the next four months.
Polaris software Lab targeting USD 100mn revenue in 5 yrs
Polaris Software Lab is targeting a revenue of USD 100 million in the next five years from its latest offering FT-Grid, which was unveiled today.
FT Grid will generate $100 mn business for Polaris in 2016: CEO
In an interview with ET Now, Arun Jain, Founder, Chairman & CEO, Polaris Software, talks about the launch of Financial Technology Grid. Excerpts:
Polaris software lab launches FT Grid
Financial Technology company Polaris Software Lab has launched its first Financial Technology Grid to offer services in banking domain.
Infopark defies crunch to launch expansion
Green shoots seem to be sprouting all over the IT/ITES space in Kerala as the Infopark in Kochi is aggressively pursuing an expansion plan, that is already buoyed by robust inquiries for space from tech companies.
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