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DANSKE CAPTIVE
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...- TCS expects retail, manufacturing revival after banking recoveryTCS's revenue in North America, its largest market, declined for the fifth consecutive quarter even as banking and financial services poste...
- From competitors to collaborators: Indian IT companies find opportunity in GCC threatIndian IT giants like Infosys, HCLTech and Wipro are partnering with MNCs to work with their local GCCs, helping them offset revenue losses...
- After cutting onsite jobs IT companies start rebuilding headcount through acquisitionsIndian IT companies are expanding revenue streams and payrolls through acquisitions of smaller firms and engineering services, despite on-y...
- Paytm Bank slows down in Fastag lane; q-comm in soup over food safetyHappy Friday! Banks are gaining ground in the toll payments space as Paytm Payments Bank’s market share continues to plummet. This and more...
- How India's new brain power adds to its economic brawnIndia is transitioning from being the telemarketing voice of MNCs to their intellectual hub with the rise of GCCs. These fully owned and in...
- How the Indian GCC boom is lighting up prospects of IT firmsWith India emerging as a hub for global capability centres (GCCs), IT services companies are cashing in, setting up projects, looking for p...
- Infosys signs $1.5 billion deal to leverage AI solutionsUnder the deal, Infosys will provide enhanced digital experiences and business operation services, leveraging the company's platforms and a...
- Mega deal wins to help Infosys as BFSI hits lean patch: ReportThe demand environment has not seen much change since June quarter results of Infosys barring a few mega deal closures as certain pockets i...
- Infosys completes Danske captive acquisitionIn June, Infosys said that it bagged a digital transformation deal with Nordic-based Danske Bank valued at $454 million for a period of fiv...
- Risk reward still unfavourable for Infosys: Ravi MenonProbably, the management thinks they can get that. But I think, given the environment as well, I think probably the entire budgetary amount...
- Future imperfect: how will FY24 pan out for the Indian IT industryExtended deal closure periods, insourcing, large contract cancellations, vendor consolidation and project ramp-downs are now co-existing wi...
- Infosys wins $454 million digital transformation deal from Danske BankThe deal, which can be extended for three more additional years, is to accelerate the Nordic-based bank’s digital transformation initiative...
- Mashreq Bank appoints Govindaiah as Associate VP to expand India operationsPrior to joining Mashreq he was instrumental in setting up Danske IT, a Danish Captive operation in Bangalore as director group real estate...
- New enemy of outsourcing: DIY by banksWhere once banks outsourced work, they are now choosing to do more of it in-house.
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