Latest news with #AvikDasBengaluru
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Business Standard
a day ago
- Business
- Business Standard
Quess Corp throws its hat in GCC business to tap $105 bn market by 2030
The new business line, named Origint, will provide end-to-end services to help GCCs set up, scale, and operate high-performance centres across India and key international markets Avik Das Bengaluru Listen to This Article Quess Corp, a staffing and workforce solutions company, is setting up a dedicated business line for global capability centres (GCCs) as it aims to expand its presence in high-margin businesses and capture a share of a market expected to be worth $105 billion by 2030. The new business line, named Origint, will provide end-to-end services to help GCCs set up, scale, and operate high-performance centres across India and key international markets. 'Global enterprises are increasingly seeking more than mere cost savings – they want speed, innovation, and efficiency at scale,' said Guruprasad Srinivasan, chief executive officer and executive director of
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Business Standard
5 days ago
- Business
- Business Standard
You should not stop writing code till late in your life: Wayfair India head
Rohit Kaila talks about the centre's journey, how the lifecycle of a software developer is changing, and why an engineer must not stop coding Avik Das Bengaluru Listen to This Article US e-commerce company Wayfair, based in Boston, sells furniture and home goods online. It started operations in its India technology development centre two years ago and, unlike many other GCCs, is not in any hurry to scale up its headcount dramatically. In a conversation with Business Standard, Rohit Kaila, Head of Technology and Site Leader, Wayfair India TDC, talks about the centre's journey, how the lifecycle of a software developer is changing, and why an engineer must not stop coding. Excerpts:
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Business Standard
18-05-2025
- Business
- Business Standard
Foxconn to ship iPhones from Bengaluru factory to US starting June
MB Patil says Apple's Devanahalli unit will begin commercial iPhone shipments in June, boosting Karnataka's role in global supply amid US-China trade pressures Avik Das Bengaluru Foxconn's factory in Karnataka will begin manufacturing and commercial shipments of iPhones from June, the state's Industry Minister MB Patil said in a social media post on Saturday. 'This isn't just a manufacturing milestone — it marks a strategic shift. With rising geopolitical and tariff pressures, India is fast becoming Apple's preferred production hub. This development strengthens Karnataka's position in global manufacturing and opens the door to greater foreign investment — without compromising stakeholder interests,' he wrote on X. The factory in Devanahalli, on the outskirts of Bengaluru, is the latest to assemble iPhones, in addition to the large-scale operations already underway in Sriperumbudur, outside Chennai. Foxconn also has an operating unit in Hyderabad, where it assembles AirPods. Apple CEO Tim Cook had earlier stated that for the June quarter, the company expects a majority of iPhones sold in the US to originate from India. Apple, which counts China as its largest supplier, is looking to diversify its supply chain as tariff negotiations between the US and China continue.
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Business Standard
15-05-2025
- Business
- Business Standard
Cognizant says winning large and mega deals regularly helping growth
With 24 large deals won last year and four in Q1, Cognizant says its ecosystem for securing mega contracts is key to regaining a top-four global IT services ranking Avik Das Bengaluru Listen to This Article Cognizant said it has built an ecosystem for consistently winning large and mega deals—one of its stated growth levers—which it believes will help it regain a position among the top four IT services companies globally within the next three years. The Nasdaq-listed firm secured 24 large deals in its last financial year and four more in the first quarter ended 31 March. It has also signed another cost-efficiency deal this month, although it declined to share the value or the sector. Cognizant follows a January–December financial calendar. 'What has worked for us is we have rebuilt a virtuous cycle of
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Business Standard
06-05-2025
- Business
- Business Standard
Coforge bets on large deals to drive growth despite macro challenges
Despite travel market weakness and global macroeconomic concerns, Coforge expects BFSI, insurance and Gen AI-led deals to sustain strong momentum in FY26 Avik Das Bengaluru Listen to This Article Mid-tier information technology (IT) services company Coforge is confident of carrying on the momentum in large deals in financial year 2025-26 (FY26), even as it expects persistent macroeconomic headwinds which could create some softness in certain businesses. Deals worth at least $20 billion are up for renewal for the top six IT services players this year and mid-tier companies will be looking to punch above their weight to grab a slice at a time when clients will be looking for vendor consolidation to rein in costs. 'We are 100 per cent confident. The large deal momentum will continue unimpaired, if
