Tag: GCC

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Karnataka Unveils ₹967-Crore IT & Space-Tech Policies

The Karnataka cabinet has approved two major policy frameworks — the Information Technology (IT) Policy 2025–2030 and the Space Technology Policy 2025–2030 — backed...

Trump Slaps $100K Fee on H-1B Visa, IT Firms React

In a move sending shockwaves through India’s $283 billion IT services industry, former U.S. President Donald Trump has proposed a $100,000 fee for new...

ANSR, Andhra Govt Partner for Vizag GCC Hub

Global capability centre (GCC) specialist ANSR has signed a memorandum of understanding with the Government of Andhra Pradesh to establish a new GCC innovation...

India’s GCC Sector to Hit $105 Billion by 2030

India’s Global Capability Centers (GCC) are projected to grow to $105 billion by 2030, employing over 2.8 million professionals, further solidifying the country’s position...

Maharashtra Plans AI Policy, Innovation City, and GCC Hubs for Growth

The Maharashtra government is formulating a dedicated artificial intelligence (AI) policy and developing global capability center (GCC) parks to accelerate technological innovation in the...