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gcc: Tamil Nadu to offer sops for creation of high paying jobs in Global Capability Centres

In a bid to attract more Global Capability Centres (GCCs), Tamil Nadu government in its Budget has said it will incentivise the creation of high paying jobs in new GCCs by providing a payroll subsidy. The move is being lauded by industry watchers and experts as one that could potentially bolster Tamil Nadu to narrow the gap with other GCC hubs like Bengaluru and Hyderabad."I see this to be a brilliant move to bring the spotlight back on Tamil Nadu which has the unique distinction of having deep technology and domain…

data centres: Small-town edge: How 5G, OTT is driving demand for data centres beyond big cities

Over-the-top (OTT) video consumption and online gaming are on the rise, as a re A I-based applications, all of which are fuelled and maximised by the rollout of 5G across the country. However, all this enhanced internet usage has necessitated data centre players to fast-track their expansion plans. Computing infrastructure in tier2 and tier-3 cities is undergoing a significant upgrade. Technology giant Microsoft expects the AI revolution to have a significant impact on the architecture underpinning data processing. In an…

Big Push to Centre’s ‘Make In India’, Bengaluru Firm Cracks Deal to Manufacture A220 Aircraft Doors For Airbus

Bangalore-based Dynamatic Technologies to manufacture A220 aircraft doors for Airbus. (Photo: Representative/ Airbus)The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and latest-generation technologies and enginesGiving a significant push to the central government’s ‘Make in India’ vision, Airbus has awarded a contract for the manufacturing and assembly of its A220 Family aircraft doors to Bengaluru-based Dynamatic Technologies.…

Unacademy: Unacademy elevates Jagnoor Singh as COO of offline centres business

Edtech startup Unacademy has elevated Jagnoor Singh as chief operating officer (COO) of its offline centres business, CEO Gaurav Munjal told employees in an internal memo on Wednesday night. Singh was Unacademy group’s chief business officer for a little over two years. The reorganisation comes in a series of top-deck changes at the Bengaluru-based startup that focuses on test preparation as a segment, largely offline now. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD…

aws mississippi data centre: AWS to invest $10 billion for two data centres in Mississippi

Amazon Web Services (AWS) said on Thursday it plans to invest $10 billion to build two data centre complexes in Mississippi, its latest capacity expansion amid growing demand for cloud services as more firms adopt new artificial intelligence technologies.Businesses are doubling down on AI development and the majority of that traffic is expected to be managed on the cloud infrastructure from AWS, Google Cloud and Microsoft's Azure - the top three vendors globally.Elevate Your Tech Prowess with High-Value Skill…

DIAL Moves HC Against Centre’s Decision to Allow Commercial Flights from Hindon Airforce Station

Published By: Pragati PalLast Updated: January 24, 2024, 21:41 ISTJustice Subraminium Prasad sought the stand of the Centre and AAI on the petition.(Representative image)DIAL, a joint venture of the GMR-led consortium and AAI that manages the Indira Gandhi International Airport (IGIA), argued that the Centre's decision of October 31, 2023 was arbitrary, unfair, unilateral and commercially unsustainableThe Delhi International Airport Ltd (DIAL) moved the Delhi High Court on Wednesday against the Centre’s decision to allow

Why companies still want in-house data centres

View Full Image .. Or are they? Though cloud budgets overtook in-house spending on data centres a few years ago, firms continue to invest in their own hardware and software. Last year these expenditures passed $100bn for the first time, reckons Synergy Research Group, a firm of analysts (see chart 1). Many industrial companies, in particular, are finding that on-premises computing has its…

online gaming sector: Karnataka IT minister Priyank Kharge warns Centre’s policies could kill jobs in online gaming sector

Karnataka minister for information technology and biotechnology Priyank Kharge on Monday slammed the Centre as being “unrealistic and unreasonable” towards the demands of gaming companies which, he said, was not only killing employment in the sector but was also driving away gamers to Chinese and European gaming sites where they are getting duped.”“The gaming companies want to be regulated,” the minister said in a post on social media platform X, adding the country has 1,400 online gaming startups and 430 crore gaming…

amd ai data centres: AMD’s latest AI solutions for data centres generate good interest

Chipmaker AMD's latest product Instinct MI300 Series Artificial Intelligence (AI) accelerators is generating good demand from data centre operators. The Santa Clara-based semiconductor company on Wednesday introduced multiple new products, including the AMD Instinct MI300 Series data centre AI accelerators, ROCm 6 open software stack with new features supporting large language models (LLMs) and Ryzen 8040 Series processors with Ryzen AI. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Global Capability Centres: Indian talent gets senior-level roles as GCCs mushroom

The boom of Global Capability Centres (GCCs) in the country has led to a 40-50% increase in the number of global and senior level roles based out of India in the last five years, numbers sourced by ET show. On an overall basis, an estimated 300,000-400,000 jobs are likely to be created in the GCC sector in the next 2-3 years, according to Deloitte estimates.In the fourth and concluding part of the Global to Local series, ET looks at the maturity and cultural shift of the talent ecosystem of GCCs and how it is driving the…