LTIMindtree introduced its GCC-as-a-Service
GCC-as-a-Service commercials are designed on a per-seat or per service basis to ensure cost optimization and value realization. LTIMindtree's Talent Solutions, part of our Build Services enables clients efficiently onboard business-ready talent from day one through its in-house AI-powered talent acquisition ecosystem. As a part of Transform Services, the Company provides industry specific offerings; technological solutions and frameworks that lead to acceleration of value realization. Clients will be able to leverage its BlueVerse Agentic AI Ecosystem with industry and function specific agents as well as its AI studios across the world to accelerate their AI journey.
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Business Standard
an hour ago
- Business Standard
Office space demand from GCCs up 24% at 31.8 mn sq ft in FY25: Vestian
GCCs accounted for 42 per cent of the pan-India absorption in 2024-25, registering a marginal increase from 41 per cent a year earlier Press Trust of India New Delhi Leasing of office spaces to set up Global Capability Centres (GCCs) increased by 24 per cent last fiscal to 31.8 million square feet across seven major cities, according to a report. Data from real estate consultant Vestian showed that the leasing of office space to establish GCCs stood at 31.8 million (318 lakh) square feet in 2024-25 as against 25.6 million (256 lakh) square feet in the preceding year. "Over the past couple of years, GCCs have been the primary growth driver of India's office market. This growth has been fueled by cost optimization strategies, a skilled talent pool, rapid infrastructure development, favourable government policies, ease of doing business, and a supportive business environment," Vestian said in a statement on Wednesday. As per the Vestian's report, GCCs accounted for 42 per cent of the pan-India absorption in 2024-25, registering a marginal increase from 41 per cent a year earlier. Shrinivas Rao, CEO of Vestian said, "GCCs contribute significantly to the office market in India, accounting for over 40 per cent of the absorption recorded in the past two years." This share is expected to grow even further, fuelled by the expansion of large conglomerates from various industries such as IT-ITeS, BFSI, Healthcare & Lifesciences, Engineering & Manufacturing, and Consulting Services, he added. "India continues to offer a compelling value proposition through its skilled talent base, operational scalability, and robust ecosystem," Rao said. Among cities, the leasing of office space for establishing GCCs stood maximum in Bengaluru at 12.43 million square feet last fiscal as against 8.34 million square feet in the preceding year. In Mumbai, the absorption of office spaces by GCCs jumped to 3.68 million square feet in 2024-25 from 1.36 million square feet in the preceding year. Real estate major DLF Ltd, Embassy Group, Prestige Group, RMZ Group, Tata Realty & Infrastructure Ltd and three office assets-backed REITs -- Mindspace Business Parks REIT, Brookfield India Real Estate Trust and Embassy Office Parks REIT--are the major players in Indian office market. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Economic Times
7 hours ago
- Economic Times
LTIMindtree Share Price Live Updates: LTIMindtree Sees a -0.61% Change in Weekly Returns
02 Jul 2025 | 09:17:09 AM IST Discover the LTIMindtree Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a top-performing stock. Keep track of LTIMindtree's latest details, including: Last traded price 5352.0, Market capitalization: 157149.85, Volume: 3391, Price-to-earnings ratio 34.17, Earnings per share 155.21. Our liveblog offers a holistic view of LTIMindtree by examining both fundamental and technical indicators. Stay ahead of market trends with breakingnews that can impact LTIMindtree's performance. Our market analysis and expert opinions provide valuable insights to guide your investment decisions. Join us on the LTIMindtree Stock Liveblog and stay informed in this dynamic market landscape. The data points are updated as on 09:17:09 AM IST, 02 Jul 2025 Show more
Time of India
8 hours ago
- Time of India
LTIMindtree Share Price Live Updates: LTIMindtree Sees a -0.61% Change in Weekly Returns
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