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Global capability centres (GCCs) of multinational companies are set to hire more employees this year in India. Workspace and HR solutions platform ANSR predicts an incremental addition of 4-5 lakh staff members by FY 2023-24. Nasscom estimates that there are already over 1.6 million people employed by the 1,580 GCC tech centres in India.

Tata Consultancy Services (TCS), LTIMindtree, Wipro, Persistent Systems and others told ET about half their staff have been punching in at least twice a week.

​Things can get worse if the US slowdown worsens. Although increasingly, it is looking like they might just be able to get away with a very mild slowdown or a mild recession, in which case we will probably just hover around the bottoms for the time being.

If an NRIs PAN is still inoperative, he or she must inform the appropriate jurisdictional Assessing Officer of their NRI status and provide any necessary documentation.

Tata Consultancy Services (TCS) on Monday said it has assisted AIB Life in launching its Ireland operations. Get more Companies News and Business News on Zee Business.

The market breadth was skewed in the favour of the bears. About 1,937 stocks declined, 1,763 gained, and 155 remained unchanged on the BSE.

Byjus and its lenders have reached an agreement to lock in the new terms for the $1.2 billion term loan B by August 3, according to a statement from the steering committee of the lenders group – confirming ETtechs newsbreak from earlier on Monday.

Five out of the top 10 Indian companies gained a market valuation of Rs 4,23,014.4 crore last week, with HDFC Bank and ICICI Bank being the major contributors. HDFC Banks market valuation rose by Rs 3,43,107.78 crore, making it the second most valuable company after Reliance. Meanwhile, the market valuation of Reliance

HDFC Bank expects 17-18 per cent loan growth during the current financial year as there is enough credit demand. Effective July 1, the parent mortgage firm HDFC Ltd merged with its subsidiary HDFC Bank making it the second biggest lender after State Bank of India.

Indian stock markets saw a decline after blue chips Infosys and Hindustan Unilever reported disappointing earnings, ending a record six-day run. The NSE Nifty fell 1.17% to 19,745 and the BSE Sensex declined 1.31% to 66,684.26. Shares in IT firms such as Infosys plummeted after the company cut its revenue growth outlook; the Nifty IT index saw its biggest single-day decline since 17 April, falling 4.1%. Despite foreign portfolio investors pumping around INR85,000 crore ($11.5bn) into Indian equi...