Beena Parmar is a journalist at VCCircle. She covers a diverse range of topics including business and economics, technology, and the startup ecosystem, with a particular focus on AI and market trends in India. Beena's work has been featured in prominent publications such as Hindustan Times, LiveMint, and The Economic Times.
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India (National)
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Beena Parmar's coverage primarily focuses on business, technology, IT companies, startups, and workforce-related topics within India. She appears to be particularly interested in press releases and private sector announcements.
To effectively reach out to Beena for potential coverage or expert commentary, consider offering insights or data related to the Indian technology industry, updates on IT companies or startups based in India, as well as trends in artificial intelligence adoption and its impact on businesses within the country. Additionally, providing perspectives on workforce dynamics such as hiring trends and workplace technologies may also resonate with her coverage focus.
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By: Beena Parmar
Global corporations spanning quick service restaurant (QSR) chains, airlines, hospitality and agriculture are now establishing support service centres in India, stoking a new wave of expansion among buzzing global capability centres (GCC).
By: Beena Parmar
Among those setting up base are QSR companies such as Yum Brands and Starbucks, media and entertainment firms Warner Bros and Discovery, as well as hotels chain Marriott International, energy giant Chevron and smaller firms such as US K-12 education software and content provider Curriculum Associates.
By: Beena Parmar, Himanshi Lohchab
Synopsis The Trump 2.0 administration may relook at the annual allotment of H-1B work visas from the current quota of 85,000. H1B applications would attract tougher examination as denial rates for H-1B under Trump 1.0 administration were at an all-time high of 24%. The duration and eligibility for Optional Practical Training (OPT) for international students may also come under fresh scrutiny.
Synopsis Morgan Stanley, a major US investment bank, is exploring AI-based collaborations with Indian startups. With over 8,000 tech professionals in India, it leverages this talent for global operations. Its AI tools, “Assistant” and “Debrief,” developed with OpenAI, streamline advisor tasks by reducing administrative calls and aiding meeting summaries. Despite the wide impact of AI, Morgan Stanley continues expanding its workforce in India.
Synopsis Companies like Persistent Systems, Sonata Software, and LTTS are leveraging AI to attract more vendor consolidation deals, aided by their agility and competitive pricing. These firms now often land larger contracts that were previously reserved for top firms, with an increasing focus on custom solutions. The trend reflects stronger demand and AI-driven innovation, enabling these companies to capture a greater market share in outsourcing.
The new centre "is intended to foster stronger collaboration with the energy and oil & gas companies that leverage LTIMindtree's technology solutions and services to grow their businesses,” LTIMindtree said. Top Indian tech services firms such as Tata Consultancy Services (TCS), Infosys, and Wipro have also set up innovation and delivery centres in Texas.
By: Beena Parmar
Experts believe there is a consistent shift in tech talent hiring across engineering, research & development (ER&D), business process management (BPM), and IT services. And as GCCs rapidly scale, they will need to imbibe some of the better talent practices of IT services companies, which have historically been hirers of the best engineering talent in the country.
By: Beena Parmar
Synopsis In the month of September alone, the main IT players signed a total of 26 deals which also includes deals by domestic tech firms such as Infosys, Cognizant and Accenture.
By: Beena Parmar
More expertise in artificial intelligence and quantum computing is needed from talents for career readiness said a set of panellists at the Bengaluru Tech Summit 2024. “The AI patents filed until the beginning of 2023, 60% came from China, 20% from the US and Indias number is 0.25%. And that is an area of work that Indian GCCs have to really invest and amp up the innovation factor,” said Milesh J, vice president, head of strategy & operations at SAP.
Lisa Su, chair and chief executive of Advanced Micro Devices (AMD), who is credited with reversing fortunes of the American chipmaker, is now taking the fight to industry leaders like Nvidia.
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