New Delhi, July 10 (IANS) Nearly 500 Global Capability Centres (GCCs) in India are apparently not realising their full potential and have begun to plateau, warranting a strategic reset that prioritises enterprise value, leadership and AI capability over cost savings, a report said on Friday.The GCC model in India has reached an inflection point and the centres that define the next phase, will be the ones that get the foundational choices governance model, talent strategy, technology backbone rig…
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Gandhinagar, July 9 (IANS) Gujarat plans to develop Dholera into the world’s largest data centre city, Deputy Chief Minister Harsh Sanghavi said on Thursday as the state launched the ‘Viksit Gujarat – Data Centre Policy 2026-29’, outlining a strategy centred on large-scale digital infrastructure, renewable energy and investor facilitation.Addressing investors and technology companies after Chief Minister Bhupendra Patel unveiled the policy, Sanghavi said Dholera has already been prepared with th…
New Delhi, July 7 (IANS) India’s International Financial Services Centre (IFSC) Gujarat International Finance Tec-City (GIFT City) on Tuesday announced collaboration with Vietnam International Financial Center – Da Nang (VIFC-DN), a newly established financial hub, to share institutional knowledge and best practices.The two institutions recently signed an MoU that aims to help Vietnam develop its international financial center and pave the way for cross-border investment across countries.“Ha…
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, June 10 (IANS) India’s general flexi staffing industry posted 7.9 per cent net headcount growth in FY26, a report said on Wednesday.According to an analysis by the flexi-staffing industry body, the Indian Staffing Federation (ISF), the sector added 1.18 lakh formal temporary and flexible workers in FY 2026, bringing the total formal flexi workforce to 1.91 million.The IT staffing returned to green with 10.1 per cent year‑on‑year new employment growth, the report said. “Despite…
New Delhi, June 9 (IANS) India has retained the strongest hiring outlook globally for the third quarter of 2026, with employers reporting a Net Employment Outlook (NEO) of 48 per cent, though companies are expected to adopt a more measured approach to recruitment amid evolving business conditions, according to a report released on Tuesday.According to an analysis by ManpowerGroup, the Net Employment Outlook (NEO) is 48 per cent for the July-September quarter.Around 60 per cent of employers expec…
Mumbai, June 1 (IANS) Black Box Limited (BSE: 500463 | NSE: BBOX), a leading global digital infrastructure integrator, and AIONOS, an AI-native enterprise technology company, on Monday announced a strategic alliance to help enterprises accelerate AI transformation, from infrastructure build-out to measurable business outcomes.The alliance combines Black Box’s expertise in digital infrastructure, including data centres, network connectivity, modern workplace solutions, and managed services, with …
New Delhi, May 26 (IANS) Emerging cities in India are emerging as the next growth hubs for global capability centres (GCCs), recording a 42 per cent rise in GCC job openings compared to 19 per cent growth in metro cities, driven by improving infrastructure, supportive government policies and the growing role of artificial intelligence (AI), according to a report released on Tuesday.The report, titled Emerging Cities: India’s Next Frontier for GCC Expansion Report 2026, released by ANSR, said Ind…
New Delhi, May 26 (IANS) India’s artificial intelligence (AI) market is expected to surge more than 50-fold from over $9 billion currently to upwards of $500 billion in the coming decades, positioning the country as a major driver of office demand and workplace transformation in the Asia Pacific region, according to a report released on Tuesday.The report by Colliers India highlighted that AI-enabled workforces, demographic shifts, energy security, climate risks and changing global economic dy…
New Delhi, May 8 (IANS) Transactions for large office spaces of 1 lakh square feet and above continued to dominate India’s commercial office market in Q1 2026, with large deals accounting for 65 per cent of total leasing activity across eight leading cities, a report said on Friday.The report from Knight Frank India said the large office space leasing saw year‑on‑year growth of 3 per cent to 19.5 million sq ft from a base of 19 million sq ft in Q1 2025.Bengaluru continued to maintain its l…