Markets

King plans to increase global headcount to 10,000 by 2025 Acuity Knowledge Partners (Acuity), with a global network including offices in India, has opened a third delivery centre in Pune and plans to hire around 250 financial services specialists including...

Prodigy active in modernizing service delivery, says Beckerman UST, a leading digital transformation solutions company, is further strengthening presence in the Canadian financial market with the acquisition of Prodigy Labs as part of a deal with Prodigy Ventures Inc. (TSXV:...

Datamatics inaugurates omni-channel customer support centre at Pasig City The IT and BPO story between India and the Philippines is one that mutually reinforces each other, the Indian Ambassador to the Philippines Shambhu Kumaran has said. “This ‘Connected Growth’ story...

Somay confident of continuing demand for value-added products A rise in demand for packed food, non-alcoholic beverage and beer segment continued to propel growth for packaging products, according to Sandip Somany, Chairman and Managing Director, AGI Greenpac Limited. “We are...

OTT platforms invested Rs.55.21bn in FY2021 The video OTT market in India is expected to reach Rs.581.21 billion FY2027, expanding at a CAGR of ~16.58% from FY2023 to FY’27, according to a ResearchAndMarkets report. It was valued at Rs.249.09 billion...

India has robust wind energy ecosystem and manufacturing base of 10,000 MW per year The cumulative installed wind power capacity in India is expected to reach 52.48 GW by FY2027, expanding at a CAGR of 5.84% during the FY2023-27 forecast...

Puri says India paid $120bn for petroleum imports in 2021-22 India’s fast-growing economy and demographic dividend will generate 25% of the global energy growth between 2020 and 2040, Petroleum and Natural Gas Minister Hardeep Singh Puri has said. India imports...

Expansion fueled by consistent performance and strategic acquisitions of businesses, says Reddy The TechWish Group, a US-based global corporation with presence in diversified industries, has announced its expansion plans in India by setting up a state-of-the-art facility in Hyderabad, an...

Indian e-commerce companies are heavily investing in IoT devices The e-commerce market in India is set for a compound annual growth rate (CAGR) of ~26.71% during the 2022-2027 period, reaching Rs.26,459.8 billion, according to a ResearchAndMarkets report. It was valued...

Rohatgi confident that solutions will emerge for Indian facilities management industry ISS Facility Services India, a subsidiary of the global facility management services and workplace experiences leader ISS A/S (ISS Group) of Copenhagen, is set to tap the country’s US$10...