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Cupid Ltd shares hit an all-time high of Rs 147 after the company announced a strategic investment in GII Healthcare, managed by Gulf Islamic Investments. The move marks Cupid's entry into the Middle East and aligns with its global growth ambitions. The investment targets healthcare opportunities in Saudi Arabia and strengthens the company's push into high-potential international markets. Cupid Ltd, one of India's leading manufacturers of health and personal care products, saw its shares rally ...Read More >
Mumbai, July 18 (SocialNews.XYZ) Actress Freida Pinto is all set to star in streaming giant Netflix's upcoming series "Unaccustomed Earth," an adaptation of the Jhumpa Lahiri short story collection. Pinto will play Parul Chaudhury in the series, which was originally announced in April. As previously reported, Netflix has commissioned eight episodes, reports variety.com. The official tagline for the show states that it is "an epic, soapy, and culturally vibrant drama about a tight-knit Indian A ...Read More >
CHENNAI: The Greater Chennai Corporation, which had unveiled an ambitious plan, Singara Chennai 2.0, to transform itself into a beautiful megapolis, was shown the reality by the Swachh Survekshan rankings 2024-25, which placed it at a low 38th spot among Urban Local Bodies with a population of over 10 lakh. Such is its dismal situation that even within Tamil Nadu, the capital city, which often boasts of being among the oldest municipal bodies in the whole world, was placed at an abysmal 104th r ...Read More >
CHENNAI: To take classroom standards up a notch, the Chennai Corporation is proposing to bring in 16 STEM visualiser-enabled smart classes at civic body-run schools at a cost of Rs 48 lakh. With the support of the French Development Agency's CITIIS Challenge and the Ministry of Housing and Urban Affairs, the GCC has been implementing the 'Model & SMART Corporation Schools in Chennai." This is in collaboration with the Chennai Smart City Limited (CSCL). As a part of this project, the corporatio ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from th ...Read More >
Hexaware Tech shares have risen 30 percent in the last three months. Shares of Hexaware Technologies rose 3 percent to Rs 882 in morning deals on July 17 after the compnay announced the acquisition of Tech SMC Square India and Tech SMCSquared (GCC) India in a deal valued at up to Rs 1,029 crore, marking a significant step in its strategy to scale up in the rapidly expanding Global Capability Center (GCC) space. The transaction, which is structured entirely in cash, includes an upfront payout o ...Read More >
HYDERABAD: State BJP president N Ramchander Rao on Thursday slammed the Congress government and Chief Minister A Revanth Reddy for failing to address farmers' issues despite completing 19 months in office. Speaking at the Kisan Morcha state office-bearers' meeting at the BJP headquarters in Hyderabad, he accused the state government of neglecting farmers due to its skewed policies. He urged party workers to collaborate with the Kisan Morcha to highlight farmers' grievances and counter the Cong ...Read More >
CHENNAI: The Greater Chennai Corporation has ranked 38th among Urban Local Bodies with a population of over 10 lakh in the Centre's Swachh Survekshan 2024-25. As one of the oldest municipal bodies in India, GCC's sanitation and standards lag significantly behind top performers. Released by the Union Government on Thursday, the annual Swachh Survekshan ranks ULBs based on various sanitation indicators. Indore Municipal Corporation secured the top national position, receiving the award from Pre ...Read More >
The report showed that medical visa issuance rose to 463,725 in 2024, with the majority of patients from Bangladesh, GCC nations, and AfricaSource : Freepik The Indian medical tourism market is set to surge from $18.2 billion in 2025 to $58.2 billion by 2035, according to a new report on Thursday. The report, by the Federation of Hotel and Restaurant Associations of India (FHRAI), in collaboration with KPMG, showcased the country's ambitious vision to become the global medical hub by 2035, ris ...Read More >
Europe and a few markets in Asia-Pacific Japan (APJ) will continue to drive higher growth for Tech Mahindra in FY26, said Anand Mahindra, Chairman of the company, during its annual general meeting (AGM). "We believe Europe, a few markets in APJ will continue to drive higher growth in FY26," said Mahindra during the AGM. In FY25, he said America contributed the most in terms of revenue, while West Asia and Israel operations had "no material impact" on overall business. The company continued to c ...Read More >
New Delhi [India], July 17: The rules of performance marketing have changed. What once worked - batch reports, generic creatives, and reactive decision-making - now leads to wasted budgets and missed targets. Today, it's all about speed, precision, and knowing exactly where your next best opportunity lies. Also Read | Wipro Q1 FY26 Results: Tech Giant Reports 11% Rise in Net Profit to INR 3,336 Crore, Announces INR 5 Interim Dividend. That's where performance marketing expert Nipun Taneja step ...Read More >
New Delhi, Jul 17 (PTI) IT company Hexaware Technologies has acquired 100 per cent stake in SMC Squared for USD 120 million, about Rs 1,029 crore, in an all-cash deal to expand its play on global capability centres, the company said in a regulatory filing. SMC Squared builds, operates and transfers global capability centres (GCC). "By acquiring SMC, Hexaware gains established GCC expertise: SMC's proven playbook and relationships in the mid-market GCC segment will accelerate our go-to-market s ...Read More >
LinkedIn's inaugural 'Cities on the Rise' report identifies Visakhapatnam, Ranchi, Vijayawada, Nashik, and Raipur as India's fastest-growing non-metro hubs for professional opportunities. These tier 2 and tier 3 cities are attracting tech, pharma, and finance companies, creating a surge in local talent activity and offering alternatives to traditional major cities for career advancement. Visakhapatnam, Ranchi, Vijayawada, Nashik and Raipur are the fastest growing non-metro hubs where profession ...Read More >
Chennai: Madras high court has clarified that private self-financing medical colleges are required to pay only a stipend, and not a full salary, to in-service govt doctors pursuing postgraduate or super-specialty courses under the govt quota.A division bench of Justice R Subramanian and Justice K Surender passed the order while partly allowing a batch of appeals moved by Karpaga Vinayaga Medical College and others. They challenged a single judge's order that directed private colleges to pay sala ...Read More >
Chennai: The first day of the Ungaludan Stalin initiative saw a heavy turnout across the city and state, with hundreds lining up to enrol for the Kalaignar Magalir Urimai Thogai (KMUT) scheme. Women, many of whom said they never received the monthly 1,000 assistance, walked into to the multi-departmental camps set up in neighbourhoods to submit fresh applications.Chief minister M K Stalin launched the initiative from Chidambaram in Cuddalore district, where he personally handed over benefits to ...Read More >
PRNewswire Chandigarh [India], July 15: Chandigarh University, India leading private university, in collaboration with job platform Apna and investment firm Venture Catalysts (VCats) have launched Campus Tank, India first university-led Startup launch-pad for young innovators below the age of 30 to pitch their ideas and get funding of $1 Million to launch their startups along with expert venture guidance, strategic ecosystem alliances and immersive startup incubation. APNA which is India larges ...Read More >
New Delhi, Jul 15 (PTI) India's Global Capability Centres (GCCs) saw a rise in hiring volumes by 8-10 per cent in the first quarter of FY26, compared to a subdued fourth quarter of FY25, which saw a decline of 3-6 per cent, reflecting a return to strategic, skill-focused recruitment practices. The sector is deliberately moving away from volume hiring, focusing instead on securing high-value talent in AI, platform engineering, and cybersecurity, exacerbating critical skill shortages across the c ...Read More >
New Delhi, Jul 15 (PTI) India's Global Capability Centres (GCCs) saw a rise in hiring volumes by 8-10 per cent in the first quarter of FY26, compared to a subdued fourth quarter of FY25, which saw a decline of 3-6 per cent, reflecting a return to strategic, skill-focused recruitment practices. The sector is deliberately moving away from volume hiring, focusing instead on securing high-value talent in AI, platform engineering, and cybersecurity, exacerbating critical skill shortages across the c ...Read More >
New Delhi [India], July 14 (ANI): India holds the potential to unlock an economic contribution of USD 470-600 billion by 2030 through GCCs (Global Capability Centres) and it would be a critical enabler of India's USD 1 trillion services export vision, Romal Shetty, CEO, Deloitte South Asia, said on Monday. Speaking at the CII GCC Business Summit, Shetty said India currently hosts approximately 1,800 GCCs. 'With the right policy environment, ecosystem support, and coordinated action, there is a ...Read More >
Commerce Secretary Sunil Barthwal announced that India is actively engaged in trade agreement negotiations with the EU and the US, following the recent FTA with the UK. These modern FTAs aim to promote global capability centers in India by addressing complex issues like harmonizing regulations, resolving disputes, and fostering innovation, potentially concluding by the end of the year. Negotiations for proposed trade agreements with the European Union (EU) and the US are going on, Commerce Secr ...Read More >
New Delhi: Negotiations with the US are going at a "very fast pace and in the spirit of mutual cooperation" to come out with a win-win trade complementing agreement, commerce and industry minister Piyush Goyal said Monday. His statement came amid Indian trade negotiators reaching Washington for another round of talks on the proposed bilateral trade agreement (BTA), which will begin Monday, an official said. The four-day talks are likely to be held on all 19 chapters of the trade pact. Speaking ...Read More >
Policy 3 min read Need to streamline policies to make India GCC hub: Official India aims to become a global hub for Global Capability Centres. Senior officials suggest streamlining national policies to emulate successful state models. Focus is on talent, infrastructure, and regulatory initiatives. The government plans a national framework to guide states in promoting GCCs in Tier II cities. Efforts are underway to boost employment and collaborate with global partners for workforce mobility. New ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitte ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Monday said that the industry and the government need to explore ways to increase the setup rate of GCCs (global capability centres) in India and make the country more attractive for the remaining Fortune 500 companies that are yet to open their GCCs here. Speaking at the GCC Business Summit organized by the Confederation of Indian Industry (CII), the finance minister said that there was a need for institutionalizing governing mechanism for GCCs ...Read More >
New Delhi, Jul 14 (PTI) The negotiations between India and the US for a proposed trade agreement are going at a fast pace, Commerce and Industry Minister Piyush Goyal said on Monday. The Indian team has reached Washington for the next round of talks on the first tranche of the bilateral trade agreement. Also Read | Prime Minister Narendra Modi Condoles Demise of Kota Srinivasa Rao Garu, Remembers Actor-Politician's 'Cinematic Brilliance' and 'Social Service' (See Post). "Negotiations are goin ...Read More >
New Delhi, Jul 14 (PTI) The negotiations between India and the US for a proposed trade agreement are going at a fast pace, Commerce and Industry Minister Piyush Goyal said on Monday. The Indian team has reached Washington for the next round of talks on the first tranche of the bilateral trade agreement. "Negotiations are going on at a very fast pace and in the spirit of mutual cooperation so that we can come out with a win-win trade complementing agreement with the United States," Goyal told r ...Read More >
New Delhi, July 14 (SocialNews.XYZ) India has become a leading source of AI talent, currently housing 32 per cent of the global GCC talent pool, 28 per cent of the world's STEM workforce, and 23 per cent of global software engineering talent, Finance Minister Nirmala Sitharaman said on Monday. Addressing the Special Ministerial Plenary and Report Back session at the inaugural 'CII GCC Business Summit 2025' here, Sitharaman said "We have among the highest penetration of AI skills globally". In ...Read More >
India's Global Capability Centres (GCCs) are projected to contribute USD 200 billion to the economy by 2030, creating millions of jobs. Finance Minister Nirmala Sitharaman highlights the sector's rapid growth and potential. New Delhi, Jul 14 (PTI) Finance Minister Nirmala Sitharaman on Monday said Global Capability Centres (GCC) could contribute up to USD 200 billion to the Indian economy and create additional jobs by 2030. Speaking at the CII-GCC Business summit, Sitharaman said on an average ...Read More >
New Delhi: Economic affairs secretary Anuradha Thakur on Monday said that India needs to streamline policies at national level to make the country a hub for Global Capability Centres (GCC). "There needs to be a deliberation on the policies adopted by states like Karnataka, Tamil Nadu and Telangana, wherein most GCCs are localised and see if such policies can be emulated across the country," she said at an CII event here. India has about 1,800 GCCs, which are set up by MNCs as offshore facilitie ...Read More >
New Delhi, July 14 (SocialNews.XYZ) Vandana Gurnani, Secretary, Ministry of Labour and Employment, exhorted Global Capability Centres (GCCs) on Monday to leverage existing government schemes for hiring talent in the country. She urged the GCCs to engage with government initiatives such as the Employment Linked Incentive Scheme, which holds substantial potential for job creation, and the National Career Services Portal, a comprehensive platform with partnerships across major firms offering job m ...Read More >
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