Tag: GCC India
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
NTT DATA: 40% India GCCs Evolve into Global Innovation Hubs Driving AI Modernisation
India’s Global Capability Centres (GCCs) are rapidly evolving from back‑office cost centres into front‑line innovation engines, with a growing share now owning digital modernisation,...
The Standard Unveils India GCC to Drive Global Tech Transformation
The Standard, a leading U.S.–based provider of insurance, retirement, and investment products, has officially launched StanCorp Global Services India Private Limited (The Standard India)...
India’s GCC Economy May Add $200B by 2030: CII
The Confederation of Indian Industry (CII) has unveiled a model state policy aimed at accelerating the growth of Global Capability Centres (GCCs) across India....
Dai-ichi Life Sets Up GCC with Capgemini in India
Dai-ichi Life Holdings and Capgemini have entered into a multi-year agreement to establish a Global Capability Centre (GCC) in India. The centre will be...
India’s GCC Workforce to Reach 3 Million by 2030: FirstMeridian
India’s Global Capability Centre (GCC) workforce is projected to grow significantly over the next few years, reaching 3 million professionals by 2030, according to...
Walmart expands tech footprint with Chennai GCC
Walmart has doubled down on its investment in India’s technology landscape by signing a lease for nearly 465,000 square feet of office space in...
