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Amid a significant proposed increase in US H-1B wage levels, India’s global capability centres (GCCs) could emerge as major beneficiaries as MNCs rethink global workforce strategies.GCCs are evolving on a new talent scorecard, with a sharper focus on smaller teams delivering outcomes and creating new benchmarks for productivity in a visa-agnostic environment. India now has…
As Middle East tensions continue to intensify, India’s global capability center (GCC) landscape could face some temporary headwinds. Experts, however, said that the country may ultimately gain as companies prioritise stability in their global operations. Multinational corporations including Microsoft, Visa, Intel, Qualcomm, Siemens Healthineers, DHL, Nokia, HP, PepsiCo, Emerson, Lenovo, Johnson Controls and Eaton currently…
Budget 2026 also strengthens India’s attractiveness through its broader posture on foreign investment and cross-border financial integration. (AI image) By Radhika Saigal and Manoj MarwahUnion Budget 2026 propels India towards building a stable, scalable and globally competitive financial ecosystem that encourages global financial institutions to evaluate India not only as a growth market but also…
Representative image made with AI Global Capability Centres (GCCs) are recruiting technology professionals at a rate four times faster than IT services companies, representing the most significant employment transformation in India’s IT sector in ten years.GCCs are increasing their workforce by 18-27% annually, whilst IT services grow at 4-6%, as per TeamLease Digital’s statistics, cited…
H-1B visas also see significant usage from financial and consulting organisations. (AI image) US President Donald Trump’s move to steeply hike the H-1B visa fees to $100,000 in a bid to create more jobs for Americans may actually end up backfiring! Major Wall Street banks are actually expected to increase their dependence on business support…
TECH THAT: A JPMorgan Chase office in Mumbai NEW DELHI/BENGALURU: Even though President Trump’s $10,000 H-1B bomb — if it survives legal challenges — is bound to drive up operational costs for tech firms, Fortune 500 companies and global multinationals are accelerating their bets on India. If companies cannot get Indians to work in the…
NEW DELHI: Over 5 lakh Indians could be hit by the Trump administration’s decision to impose a hefty $100,000 fee on H-1B visas, prompting India’s IT ministry to go into mission mode. The ministry has begun coordination with the Indian embassy in Washington DC and is working to ease the entry of Global Capability Centres…
