India Emerges as a Global Hub for GCCs: BlackRock to Hire 1,200 for AI Expansion

India is rapidly evolving into a global hub for Global Capability Centers (GCCs), which provide critical business services ranging from engineering to legal expertise for multinational corporations. According to a report by Ernst & Young, India is projected to become a $110 billion market for GCCs by 2030, with more...

India Sees Record Private Investment in Q3 2017

A report by Ernst & Young says that private equity/venture capital investments in India touched a record high of $8.7 billion in the  July-September quarter, a sharp increase over last year's $3.1 billion for the same period. E-commerce recorded $2.6 billion across 18 deals primarily driven by Softbank's $2.5 billion...

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