AssetMark, a wealth management platform in Concord, California, opened a global capability center in Hyderabad, in southern India. A global capability center is a company-run office that does technology and operations work for its parent. Telangana Today reported that AssetMark built it for 500 employees. AssetMark serves more than 10,000...
Agilisium Moves Its Asia Headquarters to Hyderabad
Agilisium, a life sciences technology company from Southern California, will move its Asia headquarters from Chennai, to Hyderabad, Business Standard reported. Hyderabad will join Chennai and Pune, in western India, as a core site, and the company plans a workforce of 5,000 specialized professionals within five to seven years. The...
Tata Communications Plans a 10,000-Kilometer AI Fiber Network Across India
Tata Communications, part of the Tata Group, plans to invest $450 million to build a 10,000-kilometer fiber network across India that links data center hubs. Mint reported that the company will spend the money over the next three to five years and fund it from operating cash flow. The company...
Truist Expands Its Hyderabad Capability Center With Infosys
A Truist Bank branch in Chevy Chase, Maryland. (Photo: Tony Webster, CC BY 2.0, Wikimedia Commons) Truist Financial is expanding its work with Infosys on the bank's outsourced global capability center in Hyderabad, in southern India, according to a StreetInsider report of the Infosys announcement. The two companies plan to...
D. E. Shaw Marks Three Decades in India With a New Hyderabad Office
D. E. Shaw group, the investment and technology development firm in New York, NY, plans a new office of more than 600,000 square feet in Hyderabad, in southern India. The firm announced it on October 7 at an event marking three decades of operations in India. The office will sit...
BNP Paribas Takes Half a Million Square Feet of Office Space in Chennai
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...