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GCC firms slam the brakes on hiring; IT set to take a hit

Consulting firm Aon, in a study on GCCs, noted that increments to new hires have fallen compared to the last few years when a hiring frenzy pushed the IT sector to lap up talent at any cost. ....

Sunil Chemmankotil , Jang Bahadur Singh , It Sector , Consulting Firms ,

How GCCs stole the thunder from IT firms

More MNCs are reducing their dependence on Indian IT services companies by building their in-house tech centres ....

United States , Tamil Nadu , Andhra Pradesh , San Francisco , Gaurav Gupta , Ivan Zhao , Sushmit Nath , Sreenivas Pamidimukkala , Astrazeneca India Pvt Ltd , Tata Consultancy Services , Natwest Group , G Lab , Astrazeneca India Private Ltd , Indian Parliament , Indian Institute Of Technology , Visa Inc , Visa Consulting , View Full Image , South Asia , Notion Labs , India Redefining , Globalization Blueprint , Deloitte India , Mahindra Logistics , Digital Personal Data Privacy , Microsoft Azure ,

goldman sachs india: Goldman's biggest office beyond NY attests to India's rise

Dotted around Bengaluru, formerly known as Bangalore, are the offices of luxury retailer Saks Fifth Avenue Inc., aircraft-engine maker Rolls-Royce Holdings Plc, US bank Wells Fargo & Co. and Japanese e-commerce firm Rakuten Group Inc. ....

United States , New York , Andhra Pradesh , New Delhi , Goldman Gccs , Duvvuri Subbarao , Dileep Mangsuli , Sindhu Gangadharan , Partha Iyengar , Pranjul Bhandari , Donald Trump , Lalit Ahuja , Gunjan Samtani , Rakuten Group Inc , American Express Co , Jpmorgan Chase Co , Goldman Sachs Services Pvt , Royce Holdings Plc , Goldman Sachs Group Inc , Holdings Plc , Unesco Institute For Statistics , Victoria Secret Co , Birla Institute , Texas Instruments Inc , Retailer Target Corp , Gartner Inc ,

Tech: No longer a taboo, tech offshoring is scaling, hiring big. Why this is bad news for Indian IT firms.

Now referred to as global capability centres or GCCs, these arms of foreign companies employ close to 1.7 million in India and had a combined revenue of USD43 billion in FY23. While this is good for Indias tech talent, it makes life harder for Indian IT services companies as they compete with GCCs for business. ....

Ford Motor Company , While Ford , India It Sector , Indian It Firms , Global Capability Centres , Indian It Services , It Sector ,

'Startups will continue to grow, and so will the gig economy'

My belief is that those retrenched will be absorbed by other new-age companies. Startups will continue to transform India, says Dr. C. N. Ashwath Narayan, Minister of IT, Karnataka Govt ....

Cn Ashwath Narayan , Ashwath Narayan , Gig Economy , Dr Cn Ashwath Narayan , Bengaluru Tech Event , Medtech Sector ,