New Delhi, Feb. 1 -- Shares of Anant Raj gained 14% to hit the day's high of Rs.576 per share, while E2E Networks, a provider of cloud computing services, also jumped 10% to Rs.2,334 in today's session, February 01, after Union Finance Minister Nirmala Sitharaman announced major tax incentives, signaling the government's goal to boost data center infrastructure.

In her Budget speech on February 1, Sitharaman said, "Recognising the need to enable critical infrastructure and boost investment in data centres, I propose to provide a tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an ...