New Delhi, July 15 (IANS) India’s Global Capability Centres are increasingly shifting from external hiring to role‑adjacent reskilling to build AI and digital talent, with hiring demand concentrated on mid‑career professionals, a report said on Wednesday.The report from Quess Corp said 56 per cent of GCC hiring demand in the first quarter of FY 2027 was concentrated in professionals with four to 12 years’ experience, and organisations are increasingly building new career pathways through…
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New Delhi, July 14 (IANS) India’s office market delivered resilient leasing of 37.9 million sq. ft. in the first half of 2026, with Global Capability Centres already on track to match or surpass last year’s record levels, a report said on Tuesday.”In H1 2026, GCCs have already leased 15.8 million sq. ft, on track to match and potentially surpass last year’s record levels, given ongoing space discussions and new entrants planning on setting up their centres in the country during the year,” …
New Delhi, July 13 (IANS) Experts on Monday highlighted AI asymmetry as one of the defining risks facing financial institutions, saying that activities that once required specialist teams, significant resources and weeks of effort can increasingly be performed at machine speed by comparatively low-resource threat actors.This is placing offensive capabilities on a faster development curve than many of the defensive and regulatory mechanisms designed to contain them, they said.IT Ministry, along w…
New Delhi, July 6 (IANS) India’s office market recorded its strongest quarter on record in Q2 2026 (April–June), with gross leasing touching an all-time high of around 24.6 million square feet, a report said on Monday.The report from real estate consulting firm CBRE South Asia Pvt. Ltd said developers matched leasing demand with a record 21 million sq. ft. of new completions.The total absorption increased 18 per cent quarter-on-quarter and 14 per cent year-on-year in Q2 2026, while the supply …
New Delhi, July 6 (IANS) Foreign institutional investors (FIIs) were net sellers ($3 billion) in June while domestic institutional investors (DIIs) were net buyers ($9 billion) in the Indian equity market, a report showed on Monday.Over the last 12 months, Indian primary markets recorded FII net inflows of $8.1 billion while secondary markets suffered FII net outflows of $49.3 billion, said the report by JM Financial Institutional.In June, BFSI, Capital Goods, Pharma, Auto and Oil and Gas were t…
New Delhi, July 4 (IANS) India’s office market recorded its highest first‑half gross leasing volume on record in the first half of 2026 and grew 5 per cent year-on-year as demand from Global Capability Centres surged 38 per cent, reflecting resilient occupier demand despite global uncertainties, a report said on Saturday.The report from Cushman & Wakefield said GCCs remained the main driver of demand, leasing approximately 16.5 MSF during H1 2026, accounting for 38 per cent of total leas…
Mumbai, June 20 (IANS) Banking, financial services and insurance (BFSI) thematic funds led the investment universe in May, returning 5.5 per cent and attracted Rs. 1,013 crore in inflows due to prevalence of large cap stocks, a report said on Saturday.The report from Vallum Capital noted an anomaly where micro‑cap funds became May’s best performers, returning 5.7 per cent, but saw weak inflows and small‑caps returned 3.4 per cent and attracted Rs 2,229 crore.Large‑cap funds, by contrast,…
New Delhi, June 11 (IANS) India is strengthening its position as a leading global talent hub for financial services, with Mumbai, Delhi NCR and Bengaluru ranking among the world’s top 30 financial services markets, according to a report released on Thursday.A report by real estate consultancy Colliers India said Indian cities are favourably placed in terms of labour availability, talent pipeline, venture capital funding activity and industry output.Financial services firms are increasingly reass…
New Delhi, June 11 (IANS) Indian IT giant Tata Consultancy Services (TCS) on Thursday announced a global strategic partnership with US-based AI firm Anthropic and said it will enable 50,000 associates across functions to use Claude as part of its enterprise-wide AI adoption strategy.According to TCS, it will set up a dedicated business unit to deliver joint industry solutions and deep AI expertise on the Claude family of models through early access to Claude models.It further noted that the part…
New Delhi, June 3 (IANS) India’s diversity hiring grew 21 per cent year-on-year in May 2026, reflecting sustained employer commitment to inclusive workforce strategies, a report said on Wednesday.The overall white-collar hiring moderated in May 2026, easing 4 per cent year-on-year and 6 per cent sequentially, the report from jobs platform foundit said.Women accounted for 56 per cent of all diversity-focused recruitment, while persons with disabilities (PwD) representation tripled over two year…