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GCCS AI PILOT STAGE
Bessemer raises $5.75 billion in new funds, expands growth effortsThe San Francisco-based venture firm is allocating $4 billion of the funds to growth-stage financings, which include funding young companie...- Big Tech’s AI switch may dent $20 billion of IT outsourcing revenueThis shift threatens revenues in the high-tech and communications segments of the $315 billion local IT industry as higher efficiencies and...
- Nearly 70% of India's GCCs stuck at AI pilot stage: Dell-Zinnov reportThe report, titled 'India GCCs 2030: From Capability Centers to Agentic Transformation Engines', noted that while ambition remains high, ap...
- 70% of India’s GCCs are stuck in AI pilot mode, says reportIndia's Global Capability Centres are transitioning to focus on creating measurable business outcomes with AI technology. Currently, many c...
- India becomes Asia’s 4th-largest REIT market, overtakes Hong Kong: Cushman & WakefieldIndia has overtaken Hong Kong to become Asia’s fourth-largest REIT market, with market value rising 62% to $17.7 billion by March 2026, acc...
- Microsoft launches fourth India cloud region in Hyderabad to meet AI demandThe Hyderabad region has three availability zones and is built for AI workloads from day one, adding to Microsoft’s existing cloud regions ...
- India overtakes Hong Kong to become Asia’s fourth-largest REIT marketIndia's REIT market value grew significantly, surpassing Hong Kong for the first time. New listings and expanded portfolios substantially i...
- OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following ...
- Indian companies moving from AI pilots towards deployment: SalesforceSalesforce anticipates India's enterprise AI adoption will expand beyond initial experiments. The company plans significant investments in ...
- AI171 crash: Pilots' body FIP seeks comprehensive evaluation of B787 planes' electrical system evidenceIndian pilots are urging a thorough investigation into the Boeing 787's electrical systems. This follows a fatal Air India crash which kill...
- AI can scale quickly, traditional governance not enough, needs control layer for production: ReportArtificial intelligence (AI) can scale quickly across businesses, but traditional governance mechanisms may not be enough to manage AI once...
- LightSpeed Photonics plans packaging pilot line in India; eyes 50% local production by 2028: CEO Rohin YThe pilot line would initially serve LightSpeed’s internal research and development needs, Rohin said. Bringing more of the development pro...
- UPI MDR explained; AI leaders split on slowing downUPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
- Beauty and personal care quick commerce startup Firi raises $3 million led by 360 One AssetThe company plans to use the funds to expand into makeup, fragrances and other beauty categories and add more dark stores as it plans to de...
- Routine IT roles may feel the pinch as Oracle India workforce shrinks to 27,000The company has not publicly made any disclosures this month on job cuts until press time Tuesday. It slashed 21,000 jobs including about 1...
- AI-focused VC firm Activate closes maiden fund at $105 millionThe investment platform comprises an $85 million early-stage fund and $20 million deployed through dedicated growth-stage vehicles. The ear...
- Fintechs high on AI, but yet to let it handle your moneyThe Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...
- Too early to wave red flag over pink slipsIndia is witnessing a resurgence of job cuts in the multinational sector, particularly within the tech and electronics fields. However, the...
- Amazon, Flipkart's multi-front war; India set for more GCCsHappy Wednesday! Amazon and Flipkart have broadened their bets as quick commerce platforms chip away at their share of user base. This and ...
- India on track for 100-plus GCCs in 2026 despite geopolitical uncertaintyDespite the ongoing West Asia conflict, more than 60 GCCs were set up in India in the first six months of 2026, with the number of companie...
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