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MARKET TRENDS BPM
GCC boom pushes Hyderabad office rents to all-time high, at par with BengaluruHyderabad's office rentals hit a record high in Q1 2026, nearing Bengaluru's rates due to robust demand from global capability centers and ...
Office market stabilising; vacancies to decline marginally, rents to rise: NuvamaOffice space vacancy in India is set to decrease slightly. Rental growth will improve as demand and supply trends balance. New office space...
India’s office market on track to surpass previous peak as YTD absorption hits 57 mn sq. ft.: Savills IndiaIndia’s office market has seen 56.8 mn sq. ft. of YTD absorption, on track to exceed the previous annual peak. Strong demand from GCCs, IT-...
Office space leasing set to cross 90 million sq ft in 2025India's office space leasing is booming, reaching 21.4 million sq ft in Q2, a 5% quarterly increase, according to Cushman & Wakefield. Prop...
Infosys BPM leases 130,000 sq ft office space in Pune's HinjewadiInfosys BPM has leased 130,000 sq ft of office space in Pune's Hinjewadi at Embassy Tech Zone for 36 months, with monthly rentals set at Rs...
AI unlocks market opportunities for BPMs: WNSBPM firms must embrace AI for growth, warns WNS CEO Keshav Murugesh. AI unlocks cost savings and market expansion, with 75% untapped opport...
BPM Companies turn to cost-saving deals in new normalData analytics, automation becoming integral part of BPM offerings
Hiring activity in India’s IT & BPM sector down 41% in September, shows Ciel HR surveyThe study titled ‘Latest Employment Trends in IT & BPM Sector’ shows that in Top 50 IT & BPM companies, hiring in September has declined by...
IT-BPM industry to hire 3 lakh employees this fiscal year on rapid adoption of emerging tech: ReportThe IT-BPM workforce is set to grow 7% in this fiscal year ending March 31, with the overall headcount increasing to 5.45 million from 5.1 ...
IT-BPM industry to add 3.75 lakh jobs in FY22: ReportWith increased investments in the sector and rapid adoption of technology by enterprises in the country, the IT BPM industry is on a positi...
Contract staffing attrition to reach 49% by FY22 end: ReportOverall IT-BPM headcount in the country is expected to grow 7.5% during the same duration to 4.85 million employees in the sector. Teamlease
IT firms may see high attrition as demand for tech talent risesBetween January and March, 5-8% of full-time employees who were onboarded left within the first 90 days.
IT-BPM sector is likely to recruit more than double staff on contract this yearIndia’s major IT services firms and BPM companies have witnessed a significant rise in the number of digital transformation projects during...
Economic Survey 2016: Protectionism impacting $143-bn India's IT-BPM sectorAccording to the report, tabled in Parliament by Finance Minister Arun Jaitley, the "alarming trend" of increased protectionism results in ...
Hiring right talent goes beyond usual channels: Rajiv Dutta, Convergys India and ChinaAcquiring the right quality of talent fit for the job requirements is constantly evolving, says Rajiv Dutta, head-Talent Acquisition, Conve...
Ahmedabad, Jaipur, Kochi among emerging IT-BPM hotspotsThe 'leader' locations, however have also seen, a shift towards expansion into peripheral locations as emerging alternate delivery location...
R Chandrasekaran takes over as Nasscom Chairman"The need of the hour is to prioritise domains based on potential size possible impact readiness of leadership and role of government," he ...
Domestic market should contribute more to Indian IT revenues: R Chandrashekhar, NasscomNasscom today said the low contribution of domestic market to the revenues of Indian IT sector is "worrying" and steps should be taken to i...
Creating, managing intellectual property to drive IT-BPM industry: KPMG-NasscomThe report also observed that the key challenges the domestic IT-BPM cos face are talent management, lack of opportunity identification and...
Nasscom targets $50 billion in revenue from BPO sector by 2020Despite the slowdown in the rest of the IT sector, business process outsourcing has grown fast, a trend that is likely to continue.