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India and the Gulf Cooperation Council (GCC) signed a joint statement on Tuesday, formally launching negotiations for a comprehensive Free Trade Agreement. The agreement was signed by Commerce Minister Piyush Goyal and GCC Secretary General Jasem Mohamed Al Budaiwi. India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by In ...Read More >
New Delhi [India], February 24 (ANI): India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by India's Union Minister of Commerce and Industry, Piyush Goyal, and Secretary General of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi. Also Read | Maharashtra NMMS Result 2026 Out at mscenmms.in and mscepune.in: MSCE Pune ...Read More >
New Delhi [India], February 24 (ANI): India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by India's Union Minister of Commerce and Industry, Piyush Goyal, and Secretary General of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi. Taking it to social media platform X, Goyal said, "Delighted to welcome H.E. Jasem Moh ...Read More >
New Delhi: The India-Oman Free Trade Agreement (FTA) opens significant opportunities across sectors including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components, commerce and industry minister Piyush Goyal said on Wednesday while addressing the India-Oman Business Forum in Muscat. The pact will be signed in the presence of Prime Minister Narendra Modi on Thursday in Oman. "The sky is the limit in terms of potential, particularly with ...Read More >
Indian companies are expected to roll out an average salary increase of about 9 per cent in 2026, even as they navigate a more challenging economic environment, according to Mercer India's 'Total Remuneration Survey 2026' released on Tuesday. The survey, which tracks remuneration trends across more than 8,000 roles and over 1,500 companies, shows that while the overall salary hike outlook remains steady, employers are increasingly reworking how pay is structured, with a sharper focus on short-t ...Read More >
Muscat - Indian business leaders and representatives of industry chambers have underlined the growing depth of India-Oman economic relations and pointed to significant growth opportunities across multiple sectors as Prime Minister Narendra Modi visits Oman on December 17-18. In a report published by ANI, Naveen Jindal, Chairman of Jindal Steel, said the Prime Minister Modi's visit has generated widespread enthusiasm in the sultanate. "This is a very big moment that India's Prime Minister, Nare ...Read More >
New Delhi, Dec 17 (PTI) India and Oman will sign a free trade agreement on Thursday in Muscat, opening greater opportunities for sectors such as textiles, food processing, automobiles, auto components, and gems and jewellery. It will be signed in the presence of Prime Minister Narendra Modi, who is on a four-day, three-nation visit. He arrived in Ethiopia on Tuesday from Jordan and will depart from Addis Ababa for Oman. Commerce and Industry Minister Piyush Goyal has reached Muscat for the FTA ...Read More >
New Delhi: The government on Wednesday confirmed that India and Oman would sign a free trade agreement on Thursday in Muscat with an aim to boost economic ties between the two countries. "It will be signed in the presence of Prime Minister Narendra Modi, who is on a four-day, three-nation visit. Commerce and industry minister Piyush Goyal has already reached Muscat for the FTA signing and he is actively participating at the business summit there as well," a commerce ministry official said. Talk ...Read More >
Global capability centres (GCCs) are hiring technology talent at more than four times the pace of IT services firms, marking the sharpest employment shift in India's information technology sector in a decade. GCCs are expanding headcount by 18-27% year on year, compared with 4-6% for IT services, according to data from staffing firm TeamLease Digital. Together, they employ nearly 2 million people now, up from 1.2 million in 2022, creating about 300,000 jobs annually. In contrast, IT services h ...Read More >
Tata Steel shares: The company announced plans to boost domestic capacity by nearly 50%, including a 4.8-million-tonne addition, aimed at strengthening market leadership and securing long-term raw material supplies. Tata Steel shares are expected to be in focus on Monday, December 15, following the company's recent announcements related to large-scale capacity expansion in India and efforts to secure long-term raw material supplies. The steelmaker is planning to increase its domestic production ...Read More >
Lucknow, Dec 15 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday met Tata Sons Chairman N Chandrasekaran to review the progress of Tata Group's existing projects in the state, and discussed their expansion and new investment proposals. According to an official statement, the meeting saw wide-ranging deliberations on long-term cooperation in sectors such as artificial intelligence (AI), information technology, electronics, defence manufacturing, energy, renewable energy, electric veh ...Read More >
New Delhi, Dec 15 (SocialNews.XYZ) Leading industry bodies on Monday expressed satisfaction over the strong performance of India's exports in November despite global uncertainties and 50 per cent US tariffs, reflecting the resilience and competitiveness of the country's export sector. India's merchandise exports rose to $38.13 billion in November, registering a robust year-on-year growth of 19.37 per cent. Merchandise imports during the month stood at $62.66 billion. On the services front, exp ...Read More >
IT major Infosys has launched an AI-first model to accelerate the establishment and transformation of Global Capability Centres (GCCs) into AI-driven hubs. This solution aims to redefine GCCs as strategic assets, fostering innovation and growth by providing end-to-end support from setup to operational readiness with AI-led transformation. New Delhi, IT major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into ...Read More >
Chennai: A post-graduate student at the Rajiv Gandhi Government General Hospital (RGGGH) suffered a skull fracture when she fell while being chased by a pack of dogs on the hospital campus on Tuesday. The student, who was on her way to the parking lot, was chased by around five dogs. The doctor, who panicked, tried to run but tripped and fell. She suffered a fracture of the zygoma, a part of the skull bone near the cheek. "The bone in the zygomatic arch is displaced and broken into several piece ...Read More >
MUMBAI, India and ISELIN, N.J. and LONDON, Nov. 14, 2025 /PRNewswire/ -- Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, announced the appointment of Aditya Jayaraman) as Country Head, India. He will lead Hexaware's India strategy and growth agenda for enterprises and global capability centers (GCCs), under Hexaware's GCC 2.0 framework, working closely with customers and partner ecosystems. Aditya has 25+ years of experience building and scaling businesses acr ...Read More >
India's Urban Growth Broadens: Dun & Bradstreet's City Vitality Index Highlights New Economic Frontiers Dun & Bradstreet Logo 4 min read Last Updated : Nov 13 2025 | 3:50 PM IST PRNewswire Mumbai (Maharashtra) [India], November 13: Dun & Bradstreet, a global leader in business decisioning data and analytics, has released the City Vitality Index - Q4 2025, offering a granular view of India's urban economy. Powered by satellite-based Earth Observation (EO) data, the Index tracks real-time econ ...Read More >
Hyderabad, Nov 4 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy has sought Germany's support for the vision to develop Hyderabad as a global innovation hub. Telangana seeks a strong partnership with Germany in key investment areas, including IT, pharma, and automobiles, he said when a delegation led by German Consul General Michael Hasper called on him here on Tuesday. The German delegation informed the Chief Minister that Deutsche Börse, a leading global financial services company ...Read More >
Hyderabad: Chief Minister A. Revanth Reddy, along with IT Minister D. Sridhar Babu, will inaugurate the McDonald's global capability centre (GCC) in Hyderabad on Wednesday, its largest GCC outside the US. The GCC will house global teams across corporate functions such as finance, HR, sourcing, data analytics and AI & technology. The opening is set to further strengthen Hyderabad's position as a major global technology hub. Located in RMZ Nexity in Hitec City, the new office spans four floors an ...Read More >
Bengaluru: Leading office developers are setting up platforms to offer GCC-as-a-service to new global capability centres looking to set up operations in India. GCCs constitute a significant portion of the tenant base for most commercial office developers. So far, mainstream office developers and flexible office space operators have leased space to such offshore R&D and backend centres for global companies. Now, developers are looking to leverage the opportunity to provide real estate, operation ...Read More >
Karnataka's Transport Minister has raised serious concerns about electric buses operated by private firms in Bengaluru. Frequent breakdowns, driver strikes, and a rise in accidents are impacting services. The minister is urging for stricter clauses in future tenders to ensure better driver training and operational standards. Karnataka's transport minister Ramalinga Reddy has written to Heavy Industries Minister HD Kumaraswamy calling for rigorous clauses in tenders for private operators of elec ...Read More >
Bengaluru: Electric buses, which were mooted as a step forward in advancing sustainable urban mobility, are turning out to be a nightmare in Bengaluru's traffic with frequent breakdowns, poor battery performance, and flash strikes by drivers. So much so that the Karnataka govt has written to Union heavy industries minister HD Kumaraswamy to include rigorous clauses in tenders for private e-bus operators as part of the Gross Cost Contract (GCC) model under various govt programmes.In May 2025, Kum ...Read More >
Minister for Human Resources Development Nara Lokesh with the executives of Cricket Victoria at the Melbourne Cricket Ground in Australia on Friday. Andhra Pradesh Minister for Human Resources Development Nara Lokesh met executives of Cricket Victoria at the Melbourne Cricket Ground on Friday to discuss strengthening cricketing collaboration between Andhra Pradesh and Victoria. Mr. Lokesh said the Andhra Premier League (APL), organised by the Andhra Cricket Association (ACA), was aimed at iden ...Read More >
Industrial and warehousing space leasing in India surged 28% to 37 million sq ft by September, driven by strong demand in Delhi-NCR, Bengaluru, and Hyderabad. This growth reflects companies optimizing supply chains and embracing quick commerce, according to CBRE. Leasing of industrial and warehousing spaces across eight major cities rose 28 per cent to a record 37 million sq ft during the January-September period of this year, driven by high demand in Delhi-NCR, according to CBRE. The total le ...Read More >
Orkla India IPO: Orkla India, parent company of packaged foods manufacturer MTR Foods, has set the price band for its initial public offering (IPO) in the range of ₹695 to ₹730 per equity share. The mainline offering is entirely an offer for sale (OFS) of ₹22.8 million equity shares worth ₹1,667.54 crore. Orkla Asia Pacific is the promoter selling shareholder, while Navas Meeran and Feroz Meeran are other selling shareholders. According to the red herring prospectus (RHP), the company has reser ...Read More >
VIJAYAWADA: On the fifth day of his visit to Australia on Thursday, Minister for HRD and IT Nara Lokesh secured significant commitments across multiple sectors critical to the development of Andhra Pradesh. The day was marked by high-level meetings with academic leaders at the University of Melbourne and the University of Tasmania (UTAS), a crucial interaction with Victoria's Minister for Tourism and Sports, Steve Dimopoulos, and a strategic discussion with health insurance giant Bupa. In a sig ...Read More >
CHENNAI: Regional Meteorological Centre (RMC) said that a well-marked low-pressure area over north interior Tamil Nadu has moved west-northwestwards, weakened into a low-pressure area and lay over north interior Tamil Nadu and adjoining south interior Karnataka at 5:30 am of Thursday. According to RMC, it is likely to continue to move west-northwestwards across south interior Karnataka and weaken further during the next 24 hours. The weather department said, "The depression over the southeast ...Read More >
Healthcare GCCs are likely to be among the most resilient contributors to a rise in GCC employment, reflecting the demands of healthcare and the capability of the workforce delivering it. India's employment engine in technology is no longer powered only by traditional IT services. That model, which scaled rapidly in earlier decades, is now more exposed to global demand cycles. Slowdowns in discretionary technology spending or project-based work have led to uneven hiring patterns across the sect ...Read More >
India's commercial real estate market experienced a significant upswing in Q3 CY25, with office leasing surpassing supply for the sixth consecutive quarter. Net leasing rose 31% year-on-year to 15.9 million sq. ft, while completions increased 44% YoY. Vacancy rates dipped to 14.2%, and rents saw an increase across major cities. India's commercial real estate market saw a major upswing in Q3 CY25, with office leasing continuing to exceed supply for the sixth straight quarter, a report said on Fr ...Read More >
Global capability centres (GCCs) are set to lease 50-55 million sq ft of Grade A office space across India's top six cities by FY27, contributing nearly 40% to overall demand, as global firms expand R&D and innovation hubs. Global capability centres (GCCs) are projected to incrementally lease 50-55 million square feet (msf) of Grade A office space during FY2026-FY2027, potentially contributing 38-40% to the top six markets' overall office demand, according to a statement by ICRA. These six mar ...Read More >
HYDERABAD: Rating agency ICRA has estimated that the number of Global Capability Centers (GCCs) in India will increase to more than 2,500 in the next five years, creating huge demand for office space. In 2024-25 fiscal, GCCs leased a record 24 million sft of Grade A office space across the top six cities, with their share in total leasing rebounding to 37 per cent from a low of 27 per cent in FY23, the rating agency said in a statement. ICRA projected that GCCs would take on lease 50-55 million ...Read More >
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