Tag Archives: Biz

CtrlS Datacenters on steady growth track even as managed services biz skid in FY23

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Hyderabad-based CtrlS Datacenters that commenced business over 15 years ago with its first data center in its home city and provides infrastructure for dedicated hosting and co-location services to its customers recorded a strong growth in the year ended March 2023 even as one of its two units shrank in size.

The company that has nine operational data centres at four locations — Mumbai, Hyderabad, Noida and Bengaluru, grew its topline around 20% during FY23, for the third consecutive year due to rack capacity addition, better capacity utilisation and increase in lease rates.

This took it past the ₹1,000 crore milestone even as the company has been facing a margin squeeze with both net and EBITDA margin shrinking to the lowest level in past four years, as per data collated by…


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Resource Roundup: Harbor Bank and Cerebro Capital have $50M in loans for Baltimore small biz

Resource Roundup is a look at open applications for business and career-building programs around the region. Want to tell us about a program or new opportunity for entrepreneurs and technologists? Email us at baltimore@technical.ly.


Baltimore fintech company Cerebro Capital is partnering with the Harbor Bank of Maryland to provide $50 million in a dedicated loan program for minority-owned small businesses in the Baltimore region.

Using Cerebro’s digital loan matching platform, Harbor Bank is looking to provide loans as large as $2 million to small businesses that apply through the Cerebro Capital program. Businesses that qualify can expect term sheets within 24 business hours, and other no-cost perks. The benefit of going through Cerebro is to streamline the process and get capital…


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Biz Roundup: Texas Roadhouse opens to the public after hosting events to benefit community members – Salisbury Post

SALISBURY — After hosting several pre-opening events to benefit the local community, Texas Roadhouse opened to the public Tuesday at the Rowan Summit Shopping Center.

The location, which is just under 8,000 square feet and can seat about 300 guests, is the first Texas Roadhouse in Rowan County. The franchise was brought to Salisbury by Managing Partner David Simon. Texas Roadhouse joins Dick’s Sporting Goods, Hobby Lobby, Five Below, Kirkland’s and several other businesses that already inhabit Rowan Summit Shopping Center.

While training new cooks and kitchen staff members pre-opening, Texas Roadhouse invited local police, firefighters, educators and residents from local shelters to be among the first to dine at the eating establishment for free. Additionally, the…


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