HCLTech, the technology services company based in Noida, in northern India, signed a global partnership agreement on Monday with Anthropic, the San Francisco, California, maker of the Claude AI models. Business Standard reported that HCLTech will set up a dedicated Anthropic Business Unit and a Center of Excellence to build...
Addison Group Opens Its First International Center in India
Addison Group, the Chicago staffing and consulting firm, has opened its first center outside the United States, in Noida, in northern India. Staffing Industry Analysts reported that the firm built the Global Excellence Center after clients asked whether it could offer offshore as well as onshore talent. Addison Group describes...
Advent International to Invest $300 million in Yatharth Hospitals
Advent International, the private equity firm based in Boston, Massachusetts, has agreed to invest over $300 million dollars for a 24.9% stake in Yatharth Hospitals, a hospital chain headquartered in the Delhi National Capital Region. The deal was first detailed by The Economic Times, which called it one of the...
EQT Group to Invest $50 Billion in India by 2030
" $50 billion. It's a big number," said Jean Eric Salata, chairman of EQT Group, according to The Economic Times. "It's a much bigger number than what I would have told you 24 months ago because of the significant capital intensity of the data center and energy businesses." Salata made...
Alcon Adds Second Global Capability Center in Bangalore
Alcon, one of the world's largest eye-care medical device companies, has expanded its Global Capability Center operations in India with the opening of a second Alcon Global Services facility in Bengaluru. The expansion is notable not simply because Alcon is adding office capacity in India, but because of the range...
India Opens $3 Billion Second Airport in Delhi NCR
Prime Minister Modi inaugurated Noida International Airport (DXN). Located in the National Capital Region, (NCR) this project makes the northern state of Uttar Pradesh becomes the first Indian state to host five international airports. The facility is designed to provide a sophisticated secondary hub for the Greater Delhi area. Impact...