Expertise, tech sector drive Hyderabad’s real-estate development: CBRE-CREDAI report

Hyderabad’s workplace inventory has surged to 127 million sq ft, accounting for 14 per cent of India’s whole workplace house. This development is pushed by demand from tech and consulting companies, as additionally rising sectors like BFSI and life sciences, in response to a report launched by CBRE-CREDAI on the inauguration of CREDAI’s Statecon in … Read more

Comcast plans to arrange GCC in Hyderabad

Comcast, a US-based media and expertise firm, has introduced plans to determine a World Functionality Centre (GCC) in Hyderabad. The middle will concentrate on creating the most recent merchandise and options within the unified communications area, enhancing Comcast’s Managed Options and Connectivity portfolio. Comcast is now a part of Common Studios. The choice follows a … Read more

GCCs in BFSI business anticipate muted CY 2024 hiring: Report 

A analysis by Careernet revealed a subdued hiring sentiment within the first quarter of CY 2024 within the BFSI GCC. The sector witnessed a decline of 15-20 per cent in open positions in comparison with the earlier quarter. Regardless of a slight uptick in hiring mandates, the general hiring numbers within the CY 2024 are … Read more

Majority of latest GCCs prioritise AI/ML capabilities for progress: Report

With synthetic intelligence (AI) rating within the prime three priorities for 74 per cent of CIOs in FY24, GCCs are more and more directing their focus in direction of digital capabilities, notably synthetic intelligence/machine studying (AI/ML) and information analytics, with a staggering 80 per cent of consideration pivoting in that path, in accordance with a … Read more

2023 workplace absorption close to document excessive, dwelling gross sales at 10-year excessive

In 2023 workplace absorption got here close to an all-time excessive at 59.6 million sq. ft, whereas residential gross sales at 3.3 lakh models set a brand new 10-year document, in line with a report by Knight Frank India. Additionally learn: Workplace sector dominates: Indian actual property attracts $5.4 billion in institutional investments Transactions within … Read more