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OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centersThe company said its efforts, dating to late 2025 and early 2026, appeared to have had little or no effect, but it is another indication of...
Pimco says ‘credit loss cycle’ has begun, favours quality bondsPacific Investment Management Co. warns the credit loss cycle is imminent, driven by heavy AI spending that could widen economic disparitie...
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. ...
China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
Nuvei to value Payoneer at about $2.7 billion including debt in deal, sources sayCanadian payments firm Nuvei is nearing a deal to buy Payoneer Global. The acquisition is valued at approximately $2.7 billion. This move w...
UK to reimburse visa costs for firms bringing in overseas workersBritain is now reimbursing visa fees for fast-growing tech and innovation companies hiring international talent. This initiative, targeting...
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 renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
Very short window for India amid China supply-chain shift, says CEA V Anantha NageswaranChina's policies are hindering global supply-chain diversification. India faces a brief opportunity to attract relocating businesses. A pro...
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
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...
KNAV secures follow-on investment from Nikhil Kamath’s NKSquaredGlobal accounting firm KNAV has secured follow-on investment from NKSquared, the investment firm of Nikhil Kamath. This funding will fuel i...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
Global firms bring more work in-house at India hubs on AI boostThe shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centre...
Global firms bring more work in-house at India hubs on AI boostGlobal firms are bringing more work in-house at their India centres. Artificial intelligence is boosting productivity. This reduces relianc...