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GCCS IN INDIA
Indian corporates become the second-largest occupiers for flex spaceThe demand for flexible workspaces in India is witnessing a remarkable transformation, as corporates are expected to represent 23.4% of thi...- Embassy REIT leases 1.5 million sq ft in Q2 as GCCs drive demand; distribution hits record Rs 670 croreEmbassy Office Parks REIT leased over 1.5 million square feet of office space in the second quarter. The REIT recorded its highest quarterl...
- Info Edge Q2 Results: Net profit plunges 93% YoY to Rs 334 crore, revenue rises 13%; co declares Rs 3/share interim dividendInfo Edge reported a sharp year-on-year decline in Q2 net profit due to a large exceptional gain in the previous year, while revenue and op...
- India office market sets nine-month leasing record, with GCCs accounting for 43% of demandIndia's office market is seeing significant occupier demand with rising gross leasing figures throughout 2026. New supply and high take-up ...
- 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. ...
- Karnataka's DK Shivakumar warns Bengaluru IT firms of action over alleged bias against KannadigasChief Minister DK Shivakumar expressed concern over job discrimination against Kannadigas in technology companies. He highlighted the serio...
- 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...
- German businesses now see India as manufacturing, R&D and innovation hub: Piyush GoyalGerman companies are increasingly viewing India as a strategic manufacturing and innovation hub for the future. During a recent visit, Comm...
- IBM India leases 2.83 lakh sq ft office space in Bengaluru for 10 yearsIBM India has leased an extensive office space at Radon tower in Bagmane Solarium City. The lease agreement spans over a decade, with estim...
- 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...
- Swiggy narrows loss in Q2; eMudhra cofounder on what went wrongHappy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
- Healthcare GCCs dangle hefty pay premiums to bridge AI talent gapThe premium reflects a widening gap between demand for specialised skills and the supply of professionals who possess them. Data, analytics...
- Qualcomm may cut 600-1,200 jobs in India as part of global restructuringQualcomm has not disclosed the scale of the planned job cuts or the number of positions that could be affected, and it did not respond to E...
- Accenture leases, renews 5.84 lakh sq ft across Mindspace REIT’s Airoli parksAccenture has secured over 5.84 lakh square feet of office space in Navi Mumbai. This includes fresh leasing, expansion, and renewal of exi...
- Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...
- Infosys expands partnership with Truist, builds AI-first GCC in HyderabadThe GCC will be adding 1,000 employees later this month, Infosys informed in a statement, and is expected to further expand with more peopl...
- 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...
- 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...
- BNP Paribas leases 5 lakh sq ft office in Mindspace REIT’s Chennai complexBNP Paribas has signed a long-term lease for around half a million square feet in Chennai. The deal spans four floors within the One Radial...
- GCCs allocate just 4% of CSR spend to innovation: ReportIn FY25, global capability centres in India ramped up their CSR investments to an impressive Rs 3,661 crore. Yet, only a mere 4% of this fu...
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