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GLOBAL CAPABILITY CENTRES NEWS
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
Reliance's media biz clocks Rs 34,917 cr revenue in FY26; JioHotstar cross 1 billion downloadsReliance's media arm achieved a significant Rs 34,917 crore revenue in FY26, with JioHotstar becoming India's top digital streamer and the ...
Amazon points to water conservation steps in India amid data centre scrutinyAmazon has achieved a significant water conservation milestone in India, becoming "water positive" a year ahead of schedule. This means the...
Meta in India doing what others can’t: Infrastructure head Santosh JanardhanMeta Platforms is set to build significant AI data centre capacity in India. The company is already working on a large data centre in Jamna...
Europe unveils a new tank to neutralise drones: Check how US, Russia, China and India are arming heavy armour for future warfareEuropean defence firm KNDS has unveiled the Capint next-generation tank at Eurosatory 2026, combining a Leopard 2 hull with a French unmann...
PM Modi, Mistral AI CEO Arthur Mensch discuss human-centric AI, open-weight models and India partnershipsPrime Minister Narendra Modi met with Mistral AI CEO Arthur Mensch to discuss artificial intelligence. They focused on developing AI system...
PE firms join GCC boom, push portfolio companies to set up captive centresPrivate equity-backed firms are increasingly establishing Global Capability Centres (GCCs) in India, moving beyond cost savings to build AI...
Japan company to set up rare earths magnet unit in Andhra PradeshJapan's Proterial will invest ₹2,250 crore to build a rare earth magnet plant in Andhra Pradesh. This facility will produce vital component...
JSW Dulux aims for top 2 position in decorative paints after Akzo buyJSW Dulux is targeting a top-two position in India's paint market. The company plans aggressive expansion and significant investments in it...
India's first digital repository of space-sector capabilities launched at ISCThe platform brings together more than 200 verified space and defence companies across nearly 20 domains and over 120 sub-domains. It aims ...
12 years of govt: Share of services sector in total exports jumps to 49% in FY26India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digit...
Adani Enterprises shares in focus on partnership with Jabil to build AI data centres in IndiaAdani Enterprises will be in focus after announcing a strategic partnership with Jabil to develop an AI and data centre infrastructure manu...
US-based cybersecurity firm N-able opens Global Capability Centre in BengaluruUS cybersecurity firm N-able has launched a Global Capability Centre in Bengaluru, bolstering its commitment to helping businesses combat e...
Adani, Jabil announce plans for AI data centre in IndiaAdani Group and Jabil Inc. are joining forces to build AI and data centre hardware in India. This partnership aims to create a large-scale ...
Adani, Jabil announce plans for AI Data Centre in IndiaThe proposed alliance will combine Jabil's engineering and advanced manufacturing capabilities with Adani Group's infrastructure, green ene...
Focus on structural trends, ignore market noise: Hiren VedMarkets react quickly to news, but Hiren Ved of Alchemy Capital Management advises focusing on reality over narratives. He highlights a glo...
Expanding GCCs bring in more value vs new entrantsIndia's global capability centre ecosystem is witnessing a convergence of greenfield and brownfield activities around capability-led work. ...
Piyush Goyal meets Ernst & Young CEO, discusses India's role in global supply chainsUnion Minister Piyush Goyal said he held a meeting with Janet Truncale, Global Chair and CEO of EY, to discuss India's growing role in glob...
India a major growth market for Celonis, says senior execThe Germany-based company said it already serves 260 global capability centres (GCCs) in India, counting companies such as Mercedes-Benz, H...
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...