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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...- Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...
- Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
- Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
- US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026N-able Inc, a US cybersecurity firm, will grow its Indian team by over 50 percent by 2026. The company opened a Global Capability Center in...
- US realty firm Opendoor winds down India operations, nearly 250 employees impactedOpendoor, a prominent player in real estate technology, is pulling out of its operations in India, leading to the unfortunate layoff of 250...
- 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. ...
- Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
- H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitmentAI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major ...
- 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...
- AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operation...
- Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
- 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.
- 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...
- India's services growth hits six-month high on domestic demandIndia's service sector experienced its fastest expansion in six months in May, driven by robust demand and new business wins. Manufacturing...
- Harvard MBA but no job: How this Indian techie eventually landed at Google with visa clock ticking downAn Indian graduate from Harvard Business School, Abhijay Vuyyuru, shares his difficult job search. He graduated without an offer and faced ...
- Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
- Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launchIndian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch servi...
- AI-driven labour displacement risks to remain low in near term, Bridgewater saysAdoption remains limited, with fewer than 20% of US firms reporting AI use in any business function over a two-week period, concentrated l...
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