Tag: GCC
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Tech Mahindra In Negotiations to Establish 3,000-Member GCC for Goodyear
Tech Mahindra is discussing the establishment of a 3,000-member Global Capability Centre for Goodyear Tire & Rubber Co. in Hyderabad. This centre will focus on R&D and IT functions, aligning with Tech Mahindra’s objectives of improving operational efficiency and revenue growth under CEO Mohit Joshi’s leadership. The proliferation of GCCs in India represents a significant…
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GCC Expansion: New Measures to Streamline Transfer Pricing and Promote Growth
According to reports, the new budget measures aim to streamline transfer pricing for Global Capability Centers (GCCs) in India, enhancing ease of doing business. A block-period pricing system will provide clarity and reduce disputes. Additionally, a national framework for promoting GCCs in Tier-II cities is proposed, expecting GCCs to grow from 1,700 to over 2,100…
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DeepSeek Viewed as Gateway to Affordable AI for Middle East Businesses
DeepSeek offers a cost-effective AI alternative, gaining traction among Middle East firms. According to experts, it has the potential to accelerate digital transformation due to its multilingual capabilities and competitive pricing. Reports highlight its superior performance compared to established models, prompting businesses to reconsider AI investments, particularly in the GCC. Overview of DeepSeek’s Impact on…