Stay updated with breaking news from Vikram Ahuja. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Happy Friday! New-age firms planning to go public are moving cautiously as stock market volatility remains a concern after the 2024 general election results. This and more in todays ETtech Morning Dispatch.
Indian GCCs focus on AI/ML, data analytics. CIOs prioritize AI in 2024. ANSR report notes talent development, market growth, tech hubs like Bengaluru, Hyderabad, and emerging locations like GIFT City.
India Business News: India leads with over 50% of the Global Capability Centres, making it the top choice for setting up such GCCs, according to a report by ANSR consultan
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.
The move is aimed at ensuring that millions of Paytm Fastag users do not face any hassle while using toll roads after the cut-off date, people aware of the matter told ET. The government is apprehensive of the inconvenience that will be caused to Paytm users, they said.