Global Capability Centres News Today

Experts said the need for collaborating with the startups is going to be imperative as they can infuse fantastic innovation into the organisations

Naina Lal Kidwai, chairperson of Rothschild & Co, who is also on the board of directors of Biocon and UPL, said one of the big factors fuelling this change is ESG reporting. Companies, especially the larger ones, are seeking ratings from global firms like Moodys where one of the questions being asked is around diversity and inclusion. Indian companies also need to disclose Business Responsibility and Sustainability reporting besides adhering to integrated reporting where ESG etc, is being in...

Managing costs is tricky for companies because the pay-as-you-go model can get expensive with high usage, while minimum payment models need a huge upfront commitment

Around 60 percent of the total GCC leasing share in January-March 2024 was in Bengaluru followed by Hyderabad (26 percent) and Delhi NCR (9 percent). Mumbai and Pune contributed 4 percent and 1 percent each.

Get latest articles and stories on Business at LatestLY. According to the press release, this growth, recorded from April 2023 to March 2024, was largely driven by the Engineering and Manufacturing (E&M), Banking, Financial Services and Insurance (BFSI), and technology sectors. Business News | Leasing by GCC in India Surge Approx. 17 Pc YoY, Recording 22.5 Mn. Sq. Ft. in FY 2023-24.

GCC leasing in India surged by 17% in FY 2023-24, driven by key sectors, with projections indicating continued growth.

Explore the rise of REITs in India, making commercial real estate accessible

Global Capability Centres in India are a popular operating model for global organizations, with plans for expansion and transformation.

A new study by consulting firm EY has found that innovation continued at a strong pace in 2024 but different organisations are at different stages of adoption when it comes to GenAI use cases

Finance Minister Nirmala Sitharaman on Friday said the country needs to ramp up its manufacturing sector to increase its share in the global value chain and become Atmanirbhar. Addressing the captains of the Indian industry at a CII Annual Business Summit, the minister also underlined the need