Novartis exits India arm, ChrysCapital-led group buys 70.68% stake for ₹1,446 croreSwiss drugmaker Novartis AG is selling its 70.68% stake in its Indian unit for Rs 1,446 crore to a consortium led by ChrysCapital. This div...
21 Feb, 2026, 10.26 AM IST
Cognizant expands operations in India to tap into talent poolCognizant is growing its presence in India, including tier-2 cities like Visakhapatnam, Indore, and Gift City, to access local talent. The ...
23 Jan, 2026, 09.21 PM IST
Cognizant enters 'breakaway' AI-led growth phase: CEOCognizant CEO Ravi Kumar S said his meeting with PM Narendra Modi involved discussions on several topics, including the skills needed in In...
12 Dec, 2025, 06.00 AM IST
Trump visa curbs push US firms to consider shifting more work to IndiaTrump's H-1B visa changes will accelerate US firms moving high-value work to India. Global capability centers in India will see significant...
30 Sep, 2025, 04.36 PM IST
AI isn't the only culprit: GCCs in the spotlight in India's IT layoff storyVishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shi...
10 Aug, 2025, 01.11 PM IST
Cognizant appoints former executive Sailaja Josyula to lead GCC service lineBefore a brief stint with EY as the partner leading the manager services delivery, Josyula previously worked at Cognizant for over six year...
01 Apr, 2025, 08.14 PM IST
Fisdom in Groww’s sights; IT fresher hiring boomHappy Thursday! Stockbroking firm Groww is in talks to acquire a wealth management startup. This and more in today’s ETtech Morning Dispatc...
13 Mar, 2025, 07.35 AM IST
IT creates dedicated units for MNCs’ capability centresSuch deals are beyond the existing partnerships they have with overseas firms for technology services and solutions as third-party provider...
10 Mar, 2025, 10.41 AM IST
India’s GCCs soar to 1,700, set to hit 2,200 by 2029: Nasscom presidentIndia's global capability centres (GCCs) are booming, with 1,700 currently and 2,200 projected in five years. Nasscom's new president, Raje...
20 Dec, 2024, 07.55 AM IST
Mini Bengalurus: Why govt wants tech hubs in Tier II, III townsBengaluru's growth as a tech hub is creating opportunities in smaller Indian cities. Global capability centers are expanding to new locatio...
11 Dec, 2024, 02.12 PM IST
IT firms to face-off for $16 billion of deals; Zomato pauses Blinkit integrationIndian IT firms are expected to put up a tough fight for these contracts, many of which are now serviced by global multinationals. Experts ...
05 Jan, 2024, 11.45 AM IST
Global Capability Centers stage a comeback as focus falls on India’s deep talent poolThe global captives had sold a part or even their entire operations to Indian IT companies, mostly during the global financial crisis, to f...
23 Aug, 2023, 11.58 AM IST
IT may get to buy tech captives of crisis-hit banking, financial firmsAdvantage Indian IT firms as banks need core modernisation investments, say experts
24 Mar, 2023, 06.01 AM IST
India’s exports set to grow on the back of effective FTAs, PLI, global value chain integration, says Ajay SahaiAt ET India Rising, powered by Visa, Dr Ajay Sahai, Director General and CEO of the Federation of Indian Exports Organisation, outlines the...
19 Jan, 2023, 12.22 PM IST