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NASSCOM ZINNOV REPORT 2024
'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...- 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...
- Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
- U.S. spending on rebuilding nuclear arsenal more than all other nuclear states combined including China, RussiaU.S. spent $69.2 billion, more than all other nuclear states combined, and saw largest increase, at 22 per cent.
- India has 12 deployed nuclear warheads in strategic shift: SIPRIIndia has deployed at least 12 nuclear warheads, a significant shift from its previous practice of keeping them separate from delivery syst...
- India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with PakIndia emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nu...
- India's crime rate falls 6%, cybercrime crosses 1 Lakh cases: SBIIndia reports a decrease in overall crime, attributed to public investment, digitization, and enhanced surveillance. Cybercrime, however, i...
- Dollar climbs to two-month peak as Fed hike bets ramp upThe dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this y...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...
- 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...
- Indian cyber, telecom, banking & finance firms get access to Mythos; IT left outSeveral Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model...
- Is India winning the wrong battle on infant mortality?India's infant mortality rate has significantly dropped to 24 deaths per 1,000 live births in 2024. This progress is largely due to a surge...
- Adobe India MD Prativa Mohapatra steps down after nearly five yearsPrativa Mohapatra, the vice president and managing director of Adobe India, is stepping down after nearly five years. She led the company's...
- AI to turbocharge patent creation at India tech hubs, executives sayIndian technology hubs are becoming major innovation centers. Global companies anticipate AI will speed up new product and intellectual pro...
- 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...
- AI to turbocharge patent creation at India tech hubs, executives sayGlobal companies anticipate AI will boost new product and IP creation at Indian tech hubs, transforming routine tasks into complex innovati...
- Global firms rethink GCC hiring in India as AI shifts skill demandGlobal firms in India are hiring cautiously. Artificial intelligence is changing job roles, making it harder to find talent with advanced t...
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