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GCC GROWTH
US wealthtech firm AssetMark opens GCC in HyderabadThe centre will support the company’s global technology and business operations, including engineering, operations and product management. ...- Blackstone opens second India office in BengaluruBlackstone has established its second office in India, specifically a global capability centre in Bengaluru. This centre aims to improve th...
- VerSe valuation sinks; Paytm Q2 profit risesHappy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.
- AI narrative needs to change for India: K Balasubramanian, CEO, Citibank IndiaLong-term capital-gains tax is a big factor on the equity side. On direct investment, the trade agreements are going to be a big positive. ...
- 44% of India’s GCCs now own platforms and AI outcomes: ReportGlobal Capability Centres in India are transitioning into AI capability hubs, significantly increasing salaries for digital professionals. ...
- German companies plan to double, triple growth in India over 3-5 years: Piyush GoyalGerman companies are planning significant growth in India over the next three to five years. Piyush Goyal emphasized partnerships in techno...
- India’s GCCs to add 1-1.4 million jobs by 2031: ReportIndia's global capability centres, or GCCs, are projected to add 1–1.4 million net jobs by 2031. The employment in these centres is anticip...
- India’s occupied office stock approaches 1 billion sq ft milestoneIndia’s occupied office stock across eight markets rose 7% year-on-year to 917.7 million sq ft, nearing the 1-billion-sq-ft mark, according...
- How Byju’s parent funded Aakash rights issue; Zetwerk IPO fully subscribedHappy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Di...
- Big Four battle for India’s $2-billion and growing GCC workBig Four professional services firms in India have emerged as major players in the Global Capability Centre sector. These firms are generat...
- RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
- Bajaj Consumer Care Q2 Results: Profit jumps 66% YoY to Rs 70 crore, revenue rises 25%Bajaj Consumer Care reported a 66% year-on-year rise in Q2FY27 net profit to Rs 70.2 crore, while operating income grew 25.4% to Rs 332.8 c...
- AI skills redraw entry-level jobs map as IT-BPM fresher hiring reboundsCompanies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised rol...
- CureMeAbroad revenue grows 4.4X across Q1 and Q2Initially specializing in cosmetic procedures, the company is now set to broaden its scope by incorporating orthopaedic and dental treatmen...
- AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
- GCCs gain share of India's office leasing as demand mix shiftsThe landscape of India's office market is evolving as demand shifts with a notable increase from global capability centres and flexible wor...
- ET Business Growth Summit in Mumbai showcases ideas and innovations driving business growthKey discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategies for scaling businesses. Entrepre...
- India expanding trade footprint to strengthen global ties and empower MSMEs: Piyush GoyalIndia is increasing its network of free trade agreements (FTAs) to integrate deeply with global economies. Nine trade pacts covering 38 dev...
- Trump's bid to curb techies may end up benefiting IndiaTrump’s tightening of H-1B and PERM rules could hurt Indian IT companies in the short term but may also accelerate the shift of more US tec...
- 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 ...
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