BNP Paribas, the French bank, has leased 500,000 square feet of office space in Chennai, in southern India, according to The Economic Times. The ten-year lease covers four floors at One Radial and is one of the largest office leases in the city this year. Mindspace Business Parks REIT, a...
Global Captive Centers Outpace Indian I.T. Companies in Hiring
For the first time since 2008, global in-house center (GIC) hires by foreign companies overtook the number of people hired by India's IT services and back-office companies. About 1,100 GICs now employ 900,000 people in India. "While hiring by pure-play India-based technology services players was muted, Indian GICs have hired...
India Has Highest Number of Female Entrepreneurs
According to the international bank BNP Paribas’ 2015 Global Entrepreneurialism Report, India ranked first worldwide in the male: female ratio of entrepreneurs. The global ratio is 63%: 37% whereas in India it is currently, 51%: 49%. Thanks to government support and increasing opportunities for business, women entrepreneurs in India have...