News for 'Global Capability Centres'

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Costly Mid-Layer Faces IT Layoff Axe

Costly Mid-Layer Faces IT Layoff Axe

Rediff.com18 Aug 2025

More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.

Venture funding slowed in Sep qtr; exit activity at 7-year high

Venture funding slowed in Sep qtr; exit activity at 7-year high

Rediff.com24 Oct 2025

Venture funding in India slowed in the third quarter (Q3) of 2025 amid geopolitical uncertainty, though exit activity surged to a seven-year high, according to Venture Pulse from KPMG Private Enterprise, a quarterly report tracking investment trends globally across major regions around the world.

Medtech MNCs bet big on localisation

Medtech MNCs bet big on localisation

Rediff.com12 May 2025

Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.

Chennai Brains Behind Ford's Global Hits

Chennai Brains Behind Ford's Global Hits

Rediff.com26 Aug 2024

'We participate in the design/development of components and systems for electric vehicles, internal combustion engines, and hybrid vehicles.'

Are College Degrees Worth It? Nvidia CEO says...

Are College Degrees Worth It? Nvidia CEO says...

Rediff.com7 Oct 2025

Nvidia's Jensen Huang questions the dominance of degrees in the AI economy.

'Wars Of Today Are Sudden, Unpredictable'

'Wars Of Today Are Sudden, Unpredictable'

Rediff.com17 Sep 2025

'It can be two months, a year, or even five years. We need to be prepared.'

Reliance investments in AI infra may top $12-15 bn

Reliance investments in AI infra may top $12-15 bn

Rediff.com26 Oct 2025

Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

'Only People Who Will Be Affected By H1B...'

'Only People Who Will Be Affected By H1B...'

Rediff.com24 Sep 2025

'...are young Indians with aspiration to go to the US.' 'The dream has to be more about working in India...'

'It's Becoming Very Difficult To Deal With America'

'It's Becoming Very Difficult To Deal With America'

Rediff.com26 Sep 2025

'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'

'Terrorism Is Always Waiting To Re-Emerge'

'Terrorism Is Always Waiting To Re-Emerge'

Rediff.com13 Nov 2025

'The elimination of terrorists does not imply the neutralisation of terrorism. That terrorist ecosystem continues to thrive in Kashmir.'

Russia offers India cooperation in localising nuclear power plants

Russia offers India cooperation in localising nuclear power plants

Rediff.com19 Sep 2025

Russia has offered India cooperation in localising large and small nuclear power plants as part of a civil nuclear energy collaboration between the two countries. The offer was made during a meeting at the IAEA General Conference in Vienna.

Can India become a global innovation hub?

Can India become a global innovation hub?

Rediff.com4 Jan 2025

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India's leading new-age companies.

India Must Only Agree To A Deal If It Is A Win-Win

India Must Only Agree To A Deal If It Is A Win-Win

Rediff.com27 Aug 2025

To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.

Will Cancer Soon Be Defeated?

Will Cancer Soon Be Defeated?

Rediff.com18 Nov 2025

There is a decisive shift in how cancer may soon be confronted and, hopefully, defeated.

India submits proposal to host 2030 CWG in Ahmedabad

India submits proposal to host 2030 CWG in Ahmedabad

Rediff.com24 Sep 2025

The 2030 edition carries historic significance, marking 100 years of the Commonwealth Sport Movement, and India's bid positions Ahmedabad as the host city for this centenary edition, the Gujarat government said in a statement.

'Indians Are Better Suited Than Most Other Countries'

'Indians Are Better Suited Than Most Other Countries'

Rediff.com1 Dec 2025

'Because of the size and complexity of the economy, we can address almost every job that is there, from agriculture farming to healthcare.'

70% Of Fortune 500 Book Passage To India

70% Of Fortune 500 Book Passage To India

Rediff.com12 Sep 2024

'India has undeniably become the GCC capital of the world.'

'TCS Can Survive Without H-1B Visas'

'TCS Can Survive Without H-1B Visas'

Rediff.com21 Oct 2025

'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'

Modi turns 75; fortnight-long celebrations begin

Modi turns 75; fortnight-long celebrations begin

Rediff.com17 Sep 2025

Prime Minister Narendra Modi turned 75 on Wednesday, with the Bharatiya Janata Party launching over a fortnight long 'Sewa Pakhwada' to mark the birthday of its preeminent leader.

Who prevented military action after 26/11, asks Modi citing Chidambaram

Who prevented military action after 26/11, asks Modi citing Chidambaram

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.

Pixxel to build India's 1st private Earth observation satellite

Pixxel to build India's 1st private Earth observation satellite

Rediff.com13 Aug 2025

The private consortium would invest more than Rs 1,200 crore over the next five years to launch a constellation of 12 state-of-the-art Earth Observation satellites equipped with panchromatic, multispectral, hyperspectral, and microwave SAR (synthetic aperture radar) sensors.

Meity To Tap Global AI & ML Experts

Meity To Tap Global AI & ML Experts

Rediff.com20 Feb 2025

'We will start reaching out to researchers, academics, and experts on AI from top universities and companies from across the world.'

Ahead of Modi-Trump meet, India revamps tariff structure

Ahead of Modi-Trump meet, India revamps tariff structure

Rediff.com11 Feb 2025

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.

L&T to set up India's largest green hydrogen plant at IOCL Panipat Refinery

L&T to set up India's largest green hydrogen plant at IOCL Panipat Refinery

Rediff.com21 Jul 2025

Infrastructure major Larsen & Toubro (L&T) on Monday said its arm will set up the nation's largest green hydrogen plant at Indian Oil Corporation's Panipat Refinery in Haryana.

Anil Ambani's Reliance, Dassault in pact to make Falcon jets in India

Anil Ambani's Reliance, Dassault in pact to make Falcon jets in India

Rediff.com18 Jun 2025

In a move that signifies a major leap for India's aerospace manufacturing capabilities, the collaboration will establish a final assembly line for the Falcon 2000 jets in Nagpur, Maharashtra.

'AI is no longer a futuristic concept but an economic multiplier'

'AI is no longer a futuristic concept but an economic multiplier'

Rediff.com2 Feb 2025

Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.

upGrad Course Free For 100,000 Learners

upGrad Course Free For 100,000 Learners

Rediff.com18 Oct 2024

Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

'AI Can Improve The Lives Of Millions Of Indians'

'AI Can Improve The Lives Of Millions Of Indians'

Rediff.com7 Aug 2025

'We're already seeing signs of superhuman capability.'

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.

Tapping into India's talent, GCCs eye revenue goldmine

Tapping into India's talent, GCCs eye revenue goldmine

Rediff.com28 Mar 2024

Global capability centres (GCCs) are increasingly looking to tap into revenue opportunities from the Indian market, which is already a critical talent hub. While capturing the potential of the Indian market has been in the works over the past few years, it's only of late that companies are gaining momentum. India is home to more than 1,580 GCCs, with a total market size of $46 billion and growing at a compound annual growth rate (CAGR) of 11.4 per cent, according to a Nasscom-Zinnov report.

Technology Architects Are In Demand

Technology Architects Are In Demand

Rediff.com7 Aug 2024

A tech architect must have certifications across ERP platforms (SAP, Oracle, Microsoft) and Cloud platforms (MS, Google, Low code SAAS platforms such as Salesforce, and ServiceNow).

Want A Job In Germany? Read This

Want A Job In Germany? Read This

Rediff.com19 Oct 2024

'This agreement will help the Indian workforce to move to non-traditional sectors of employment like teaching, nursing, and manufacturing.'

'Hiring In IT Services, GCCs 30% Higher'

'Hiring In IT Services, GCCs 30% Higher'

Rediff.com23 Jan 2025

'A major IT services firm that previously had a demand of 1,000 to 2,000 employees now requires 7,000 to 8,000 -- a sizeable jump from the previous quarter.'

Space Milestones For India On Ganesh Chaturthi

Space Milestones For India On Ganesh Chaturthi

Rediff.com28 Aug 2025

India took another leap in space infrastructure with the foundation stone laid for a new launch pad at the country's second rocket port in Kulasekarapattinam.

'Where Your Data Resides Is Now A Fundamental Question'

'Where Your Data Resides Is Now A Fundamental Question'

Rediff.com1 Sep 2025

'What we see now is a much stronger need for data sovereignty.'

iPhone Affordability Index Reveals: Most Indians Can't...

iPhone Affordability Index Reveals: Most Indians Can't...

Rediff.com16 Sep 2025

The average Indian worker must labour for an extraordinary 160 full working days to afford Apple's latest iPhone 17 Pro.

'Our industry outperformance is not a one-year story'

'Our industry outperformance is not a one-year story'

Rediff.com24 Mar 2025

'What is working is quality management, great teams, engineers, platforms, and highly differentiated services.'