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GCC NET HEADCOUNT GROWTH
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...
GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
TCS forms business unit to help MNCs set up GCCsTata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and ma...
UAE simplifies work permit system, expands categories to 13The UAE's Ministry of Human Resources and Emiratisation has introduced new work permit reforms. These changes aim to accelerate hiring and ...
Oman ports emerge as India's gateway to West Asia, AfricaIndia's CEPA agreement with Oman is officially in motion, turning ports such as Sohar, Salalah, and Duqm into strategic hubs for Indian com...
UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
T-Mobile opens India tech centre, to hire nearly 1,000 by 2027T-Mobile has launched its global capability center in Hyderabad, India. The tech center will focus on advanced software engineering, produc...
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...
Hyderabad land auctions shatter records, fetch over Rs 200 crore an acreHyderabad has achieved record-breaking land prices. Two major land parcel auctions generated Rs 2,500 crore. Gowra Ventures paid Rs 1,490.7...
India-Oman trade pact eases hiring of Indian workers by domestic investors in MuscatIn a significant move, India and Oman have finalized a trade pact that enables Indian firms to hire workers without the constraints of loca...
Refiners adjust to new crude mix as Hormuz crisis tightens supplyThe conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...
American Airlines plans to double India tech hub staff, sources sayAmerican Airlines is set to significantly expand its technology hub in Hyderabad. The company plans to double its workforce to approximatel...
India's GCC model shifts from cost to capability as AI, talent strains biteIndia's dominance in global capability centres is evolving. These hubs are now integrated, managing complex functions beyond support. Risin...
GCCs switching to smart workflows as AI gobbles up procedural grunt workIndustry experts said AI is shrinking junior-level workflows, reducing standalone procedural functions and pushing multinational companies ...
Phoenix Asia Towers reflects the next phase of Bengaluru’s GCC growth storyBengaluru's office market is shifting north. Global capability centres now seek integrated workplaces with better connectivity and employee...
Emerging cities becoming strategic hubs for expansion beyond traditional metros: ReportIndia's global capability centres are expanding beyond major cities. Emerging locations are now key for company growth. This shift is drive...
Awfis Space Solutions shares surge 9% after Q4 profit jumps 107% YoYAwfis Space Solutions shares saw a significant jump after the company announced a more than two-fold increase in net profit for the March 2...
Awfis Q4 profit doubles, revenues up 20% YoY on GCC boom and AI-led expansionCo-working spaces remained the company’s biggest revenue contributor, accounting for more than 83% of operating revenues. Income from the s...