Latest news with #VivekPrakash
Time of India
01-08-2025
- Business
- Time of India
Two 3-lane flyovers soon to decongest key chowks in Gurgaon
Gurgaon: As the design of two new flyovers proposed at Ambedkar Chowk and Dadi Sati Chowk is finalised, GMDA is planning to float tenders for their construction within two weeks. These congested intersections will get 11m-wide flyovers with three lanes in each direction and two-lane service roads. Ambedkar Chowk, a junction connecting sectors 45, 46, 51, and 52, sees around 6,100 passenger car units (PCUs) during peak hours every day. With major residential societies including Ardee City and Mayfield Garden, along with schools, and hospitals in the vicinity, the 700-metre flyover proposed here will provide a much-needed relief from frequent traffic jams. Estimated to cost Rs 52 crore, the project will also improve the traffic flow to and fro Sohna Road. You Can Also Check: Gurgaon AQI | Weather in Gurgaon | Bank Holidays in Gurgaon | Public Holidays in Gurgaon The second flyover is planned at Dadi Sati Chowk, a major intersection connecting sectors 85, 86, 89, and 90. These sectors have witnessed rapid development in recent years, with several high-rise residential projects, commercial establishments, and a growing population adding to the traffic in the area. It sees around 9,400 PCUs and this figure is expected to cross the 10,000-mark by the time the construction of the flyover begins. The 840-metre flyover, estimated to cost Rs 59 crore, is expected to streamline traffic movement between Dwarka Expressway and Manesar. "Traffic at Dadi Sati Chowk is a nightmare to navigate through in the evenings. With schools and new societies coming up, the road can no longer handle the volume of cars that plight on it. At times, when the traffic signal doesn't work, the roundabout gets completely choked. The construction of the flyover, which is long due, should be taken up by the authorities on priority," said Vivek Prakash, a resident of New Town Heights. Both projects received administrative approval in July last year. With detailed project reports (DPRs) now finalised, GMDA officials said the focus was on completing the tendering process. Once construction begins, the flyovers are expected to take around two years to complete. "The designs have been prepared keeping in mind future traffic growth, with provisions for service roads. We are now preparing documents and hoping to invite bids for construction by Aug 15," said a senior GMDA official.
The Star
28-05-2025
- Business
- The Star
US-based Guidewire Software plans to double India headcount in three years
FILE PHOTO: Workers are pictured beneath clocks displaying time zones in various parts of the world at a centre in Bangalore February 29, 2012. REUTERS/Vivek Prakash/File Photo BENGALURU (Reuters) -Guidewire Software, a U.S.-based insurance technology provider, plans to double its India headcount to 1,000 by the end of 2028 as it expands its professional services division, a top executive told Reuters. India's transformation from a low-cost back-office destination to a high-value innovation hub has prompted many multinational firms to establish local operations and ramp up hiring — a trend expected to accelerate in the coming years. These operations, commonly known as Global Capability Centers (GCCs), support their global parent in daily operations, finance, research and development, and product development functions. Guidewire's expansion in India would focus primarily on its Bengaluru centre, Chief Product Development Officer Diego Devalle said. "I foresee that as we pass to 2028, the growth will be bigger on services than on engineering." Professional services roles at Guidewire involve client-facing work, partnering with firms such as PwC, Capgemini, and Tata Consultancy Services to deploy and implement its software solutions for insurers. The planned expansion will see India representing nearly a quarter of the company's global workforce. As of July, the NYSE-listed firm had approximately 3,500 employees worldwide and is on track to reach 500 in India by year-end, across its Bengaluru and Chennai centres. Of the India workforce, around 400 employees are part of the engineering team, focusing on research and development as well as cloud operations, while the remainder are in professional services. India's GCC sector is expanding rapidly, with major players such as JPMorgan Chase, Target and Wells Fargo already operating local centres. GCCs are projected to contribute 2% of India's GDP by 2030, as per ICICI Securities, up from less than 1% currently. (Reporting by Sai Ishwarbharath B; Editing by Sherry Jacob-Phillips)
