The story so far: The Global Capability Centres (GCCs) are wholly-owned, captive firms of multinationals that serve only their global parent company. These offices of multinationals are reshaping the urban office spaces and job markets in Bengaluru, Hyderabad, Pune and a host of other Indian cities. They have added a layer of high-paying jobs at … Read more
The Global Capability Centre (GCC) ecosystem in India is projected to reach a market revenue of USD 98.4 billion by the end of fiscal year 2026 (FY26E). This expansion reflects a significant structural shift as these centers move from being traditional delivery engines to becoming the central nerve centers for global enterprises. Also read: Indian … Read more
New York-based alternative asset manager Brookfield is lining up investments worth over $1 billion (around Rs 9,000 crore) to set up a global capability centre (GCC) in Mumbai, raising its bets on India.The GCC, which will be Asia’s largest, is being developed through an agreement between Mumbai Metropolitan Region Development Authority (MMRDA) and a … Read more
The Company has informed that it is not being considered favorably by the Income Tax Department (ITD) for the next round of RFP selection process for PAN 2.0 project. This obviously came as a major shock to the investors given Protean’s significant reliance on the PAN related revenues; 55% contribution to the revenues in FY … Read more