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GCC EMPLOYEE MOVEMENT
20,000-plus people shift as IT firms buy GCC, captive tech carve-outsTCS’s takeover of Best Buy’s India GCC under a multiyear deal is the latest example, while HCLTech’s $10.5-million acquisition of Guardian ...- India emerges top bet for global realty capital, says Simon Shaw, Group CEO, SavillsIndia is emerging as a preferred destination for long-term global real estate investment amid geopolitical uncertainty, driven by its stron...
- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- IT firms redraw hiring strategies as GenZ moves on fasterIndia's IT sector is experiencing a surge in replacement hiring. Gen Z professionals are leaving jobs at a faster rate, prompting companies...
- H-1B visa issues did not come up in trade talks with US, Goyal saysIndia's Commerce Minister Piyush Goyal assures that H-1B visa restrictions were not part of recent talks. Indian companies remain confident...
- TCS Q3 Preview: PAT may rise 6% YoY; margin pressure likelyTCS is expected to report steady but subdued performance in the December quarter, with brokerages estimating around 5% year-on-year revenue...
- Industry leaders press govt for area-specific fixes to Bengaluru's infra woesThe call for localised action gained momentum at a Greater Bengaluru IT Companies and Industries Association (GBTICA) event on Saturday, wh...
- India’s GCC engine accelerates! Why office demand will stay strong through 2030: Savills IndiaIndia’s GCC ecosystem is entering a major expansion phase, with Savills India projecting 180 million sq. ft. of office demand between 2025 ...
- Qatar extends Hayya visa to 60 days for GCC residents ahead of 2025 FIFA Arab CupQatar Tourism has extended the Hayya A2 GCC Resident Visa to 60 days with unlimited entries, benefiting approximately 8.5 lakh Indian profe...
- From Jaipur to Kochi, how tier-2 and 3 cities are fast emerging as the new GCC battlegroundIndia's Global Capability Centre (GCC) ecosystem is expanding beyond major metros into tier-2 cities like Jaipur and Kochi. This shift is d...
- TCS to announce Q2 results today: 10 things to track and how to tradeTata Consultancy Services announces Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates...
- 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...
- Diaspora remittances hit new record at $135.46 bn in FY25Overseas Indians remitted a record $135.46 billion last fiscal year. This marks a 14% increase from the previous year. India remains the to...
- Battle for brains: The rising warfare for talent in India's GCC sectorIndian GCCs face recruitment challenges due to a talent gap in specialized skills and increased talent mobility towards newer centers offer...
- IT firms may need to up hiring to retain edge as GCCs come fishingGCCs hired nearly 10 times more talent than Indian IT majors in 2024-25, according to Quess, causing 20-25% lateral movement. Around 40% of...
- IT salaries hit the brakes! Salary hikes in 2025 may not be what you expectSalary increments in India's IT sector for 2025 are projected to be 4-8.5%, reflecting a cautious approach due to global economic challenge...
- Bengaluru India's BFSI GCC operations capital, contributes 19% of total headcount in operations, says Careernet reportBengaluru leads India's BFSI operations, contributing 19% of the headcount in global capability centres (GCCs). Demand for professionals gr...
- Rise of the super corporate: When GCCs and AI mergeGCCs are expanding in the country, with a focus on enhancing their capabilities to support the gen AI ambitions of companies. They establis...
- As many as 50,000 IT jobs may temporarily shift to India as Ukraine burnsXpheno, a specialist staffing firm, estimates about 10,000 jobs shifting to India from the conflict zone over the next quarter if the tensi...
- Not just a backoffice: How Covid-19 is evolving outsourcing in IndiaThe global captive centres of MNCs in India have evolved to drive technology innovation for global operations, with several products entire...
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