Insourcing: ‘Mid-mkt’ centres drive GCC boom

HYDERABAD: India’s mid-market GCCs (global capability centres) are experiencing a surge, outshining their peers by unlocking new opportunities. This growth is creating a flywheel effect, allowing them to leverage a diverse talent pool. India has over 480 mid-market GCCs, with 2.1 lakh employees, as shown in a Nasscom-Zinnov report. Mid-market GCCs are capability centres set…

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Infosys Innovation Fund invests in Yali Capital to up deep-tech game plan

BENGALURU: The $500 million Infosys Innovation Fund invested in Bengaluru-based VC fund Yali Capital to expand its reach in India’s burgeoning deep tech ecosystem to cocreate solutions for its customers. “Our objective is to bring the power of the Infosys ecosystem and the innovation ecosystem together; to drive insights that feed into our strategic direction,…

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India’s GDP growth outlook trimmed to 6.3% as private investment stalls and US tariffs loom: Report

India’s economy is expected to grow at a slower pace in the current fiscal year, weighed down by subdued private sector investment and uncertainty surrounding American tariffs, according to a Reuters survey of economists.The fifth-largest economy in the world is projected to expand at an average rate of 6.3 per cent in FY2024 -25, based…

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Hindustan Zinc Q4 results: Profit rises 47%, registering best ever performance

Hindustan Zinc Ltd (HZL), a Vedanta group firm, reported a sharp 47.3% rise in its consolidated net profit for the March 2025 quarter, reaching Rs 3,003 crore, driven by higher income and steady operational performance.This marks the company’s best-ever fourth-quarter profit, up from Rs 2,038 crore in the same period last year.The company’s income for…

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