Is AI affecting GCC pace? Govt to assess

NEW DELHI: Govt will assess whether the rapid adoption of AI is affecting pace of expansion of global capability centres (GCCs) in India, Electronics and IT secretary S Krishnan said on Thursday, while arguing that AI could ultimately help the country attract higher-value work.At a CII event, Krishnan said it was “time to start measuring…

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Seller body drags Flipkart to CCI for unfair practices

MUMBAI: The Forum for Internet Retailers, Sellers & Traders (FIRST) has dragged Walmart-owned Flipkart Group to the Competition Commission of India (CCI), seeking a fresh investigation into the conduct of the company over practices designed to distort competition, benefit few preferred sellers and exclude scores of small retailers from the marketplace system.In its 157-page complaint…

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Kylian Mbappé makes unwanted World Cup history with first-ever penalty miss as perfect record ends | Football News

France’s Kylian Mbappe runs during the World Cup Group I soccer match between Norway and France in Foxborough, Mass., near Boston, Friday, June 26, 2026. (AP Photo/Martin Meissner) Kylian Mbappé added another chapter to his remarkable World Cup career during France’s quarter-final victory over Morocco, although this time it was for a record he would…

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Record-breaker Kylian Mbappe becomes the first player ever to score eight goals in two different FIFA World Cups | Football News

France’s Kylian Mbappe (10) celebrates scoring the opening goal during the World Cup quarterfinal win over Morocco. (AP Photo) Kylian Mbappe has done what no player in World Cup history has ever done before. He has scored eight or more goals at two different editions of the tournament.With his goal against Morocco in Thursday’s quarterfinal…

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Nilekani’s Fundamentum launches Rs 2,200 crore Fund III | Bengaluru News

BENGALURU: Fundamentum Partnership, the growth-stage investment firm co-founded by Infosys co-founder Nandan Nilekani and veteran entrepreneur-investor Sanjeev Aggarwal, has launched its third fund with a target corpus of Rs 2,200 crore, including a Rs 400 crore greenshoe option.Nilekani will anchor the fund as a limited partner (LP). Fundamentum said this marks his largest commitment to…

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Centre looks to tap more global giants for GCCs

India having 5,000 GCCs by 2030 is realistic, achievable: Sitharaman NEW DELHI: India is planning to tap into the growing global capability centre (GCC) market to make itself indispensable to the world’s knowledge economy, as finance minister Nirmala Sitharaman Thursday reiterated that the goal of building an ecosystem capable of supporting around 5,000 GCCs by…

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India’s GCCs redraw global leadership map

A growing number of leaders from India-based global capability centres (GCCs) are making their way into the Fortune 500 C-suite, underscoring the rising strategic importance of these centres and the influence of their leadership.Recent examples include Kalyani Sekar, senior vice-president and chief data and AI officer at Verizon; Hari Vasudev, executive vice-president and CTO of…

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