
Capgemini India to hire up to 45,000 in 2025; focus on AI-ready workforce

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Standard
28 minutes ago
- Business Standard
Bestvantage Investments Launches 'Mergerbay' to Unlock the Growth Potential of India's Mid-Sized Companies
VMPL Mumbai (Maharashtra) [India], August 5: Bestvantage Investments, a strategic investment and advisory firm, has announced the launch of Mergerbay, a dedicated mergers and acquisitions (M & A) platform aimed at solving a critical bottleneck faced by India's mid-sized companies that is scaling beyond profitability into structured, sustainable growth. The platform enables investors to engage in vetted M & A opportunities with credible, fast-scaling companies, supported by strategic partners, governance transformation, and growth capital. While India's startup ecosystem and large corporates have benefited from investor attention, policy support, and capital access, a wide segment of profitable mid-sized companies remains stuck in a structural gap. These businesses are too large for SME IPO platforms but not yet ready (financially or structurally) for mainboard listings on exchanges such as BSE or NSE. This segment, often referred to as the "missing middle" of Indian capital markets, lacks the institutional framework needed to scale effectively. Mergerbay aims to bridge this gap by offering a comprehensive growth architecture tailored for unlisted, mid-sized companies. It brings together services such as strategic acquisitions, minority stake sales, industry consolidation, governance restructuring, capital readiness, and transaction execution under a single platform. The focus is on helping operationally strong but structurally constrained companies transform into institutional-grade enterprises ready for their next stage of evolution. "In India, there are hundreds of mid-sized companies that are profitable, compliant, and full of potential but stuck due to lack of access to structured capital, governance alignment, and the right is designed to act as the growth engine for these companies by converting their compliance into competitiveness and profitability into scale." said Raman Sharma, Founder and CEO of Bestvantage Investments. Why Mergerbay Matters: For many mid-sized Indian companies, M & A is becoming a practical path to scale, not just an exit route. Platforms like Mergerbay offer much-needed structure to this space by enabling: Multiply Your Expansion: Partnering with a strategic buyer can accelerate market entry giving companies access to new customers, suppliers, and geographies without the time or cost of building from scratch. Revenue Growth Through Synergies: M & A deals often unlock cross-selling opportunities and shared customer value by combining product lines or distribution networks leading to faster revenue growth. Growth Capital: A well-structured merger can improve a company's ability to raise larger amounts of equity or debt at better terms, and in some cases, support eventual listing on mainboard exchanges. Cost Efficiency: Merged entities can streamline operations, eliminate redundancies, and benefit from economies of scale ultimately improving margins and operational performance. Boost Brand Credibility: Active participation in M & A signals strong governance and institutional readiness, often enhancing a company's appeal to investors, partners, and top-tier clients. Built as more than a conventional M & A advisory, Mergerbay has already established tie-ups with industrial houses, family-owned businesses, institutional investors, and global funds interested in unlocking value from this underrepresented market segment. It is sector-agnostic but currently active in electric vehicles, agri-tech, logistics, manufacturing, and healthcare are among its initial focus areas. According to Bestvantage, while over 100 SME IPOs were recorded in FY24 many in the ₹100-200 crore market capitalization range most lack long-term scale pathways due to fragmented deal-making and limited governance transformation. Mergerbay aims to address this by offering a seamless transition from being 'IPO-ready' to becoming a fully structured, listed, and investible company. With the Indian capital markets entering a new phase marked by growing retail participation, foreign portfolio interest, and a government-led push for consolidation, Mergerbay arrives at a time when mid-sized businesses have the most to gain if provided with the right tools, partners, and platform. Website: About Bestvantage Investments Bestvantage Investments is a boutique investment advisory firm that connects high-potential startups with strategic investors across India and the Middle East. Founded by Raman Sharma, Bestvantage specializes in deal sourcing, investment structuring, and capital raising for early to growth-stage companies. With a strong network of family offices, venture funds, and institutional investors, the firm enables businesses to unlock growth opportunities through strategic capital partnerships.


The Hindu
28 minutes ago
- The Hindu
Kremlin slams Trump tariff pressure on India over Russian oil as illegal
Russia accused the United States on Tuesday (August 5, 2025) of exerting illegal trade pressure on India after U.S. President Donald Trump threatened again to raise tariffs on India over its purchases of Russian oil. "We hear many statements that are in fact threats, attempts to force countries to cut trade relations with Russia. We do not consider such statements to be legal," Kremlin spokesman Dmitry Peskov told reporters. "We believe that sovereign countries should have and do have the right to choose their own trading partners, partners for trade and economic cooperation, and to choose for themselves the forms of trade and economic cooperation that are in the interests of a particular country." Mr. Trump has said that from Friday (August 8, 2025) he will impose new sanctions on Russia as well as on countries that buy its energy exports, unless Moscow takes steps to end its 3-1/2 year conflict with Ukraine. Russian President Vladimir Putin has signalled no change in Russia's stance on the war, despite the looming deadline. India has called Mr. Trump's threats "unjustified" and vowed to protect its economic interests, deepening a trade rift between the two major economies. Two Indian government sources told Reuters on the weekend that India will keep purchasing oil from Russia despite Mr. Trump's threats.


Indian Express
28 minutes ago
- Indian Express
SAP opens new campus in Bengaluru, its second-largest R&D hub outside Germany
SAP opened its new campus in Bengaluru on Tuesday, marking it as the company's second-largest R&D hub outside its headquarters in Germany. The India Innovation Park, as it is called, is located in Devanahalli, in the northern part of the city, close to Bengaluru's international airport. The 41-acre campus will be developed in multiple phases. Currently, 27 acres have been built and are operational. Once the entire facility is complete, it will have the capacity to accommodate up to 14,000 people. At present, 3,200 SAP employees have already moved in, and an additional 4,500 employees are expected to relocate during the first phase. The phase two of the campus has already been approved, and construction will begin soon, with a targeted completion by the Q2 or Q3 of 2028. The total cost of building the campus exceeds 194 million euros. This is SAP's second campus in Bengaluru, with the first located in the Whitefield area of the city. 'The [Innovation Park] is designed to bring together our customers, partners, academia, startups, and communities. For us, this is the beating heart of co-innovation,' said Sindhu Gangadharan, MD of SAP Labs India and Head of Customer Innovation Services at SAP, while addressing hundreds of employees, partners, and government representatives at the inauguration. Software maker SAP is the latest major tech company to expand in India and increase its footprint in Bengaluru, now the world's fourth-largest tech cluster after Silicon Valley, Boston, and London. Earlier this year, Google opened its new campus in Bengaluru, while Microsoft is setting up its largest R&D center in Noida, Uttar Pradesh. More and more tech companies are expanding their presence in India by setting up either Research & Development centers or Global Capability Centers (GCCs). Once considered low-cost outsourcing hubs for global firms, these GCCs centers have evolved significantly over the past few years by supporting their parent organisations by handling a wide range of business functions and specialising in areas such as IT, automation, and manufacturing. Bengaluru is home to 875 GCCs and accounts for 34 per cent of India's GCC workforce. According to a report by IT industry body Nasscom and consulting firm Zinnov, released late last year, the market size of India's GCC sector is expected to grow from $64.6 billion in fiscal 2024 to between $99 billion and $105 billion by 2030. In March, SAP became Europe's most valuable listed company, overtaking French luxury group LVMH and Ozempic-maker Novo Nordisk in market capitalisation, after pivoting its business toward cloud computing and seizing opportunities in artificial intelligence. SAP generates the majority of its revenue from cloud services and is focused on leveraging AI to drive efficiencies for businesses. The company offers enterprise products across cloud solutions, expense management, supply chain management, and analytics. SAP's products are used by over 440,000 customers worldwide, including 98 of the world's 100 largest companies. Taken altogether, its client base generates over 80 per cent of global commerce, according to the company. SAP has over 17,000 employees spread across Bengaluru, Pune, Mumbai, Hyderabad, and Delhi in India. The 53-year-old German tech giant has over 40 per cent of its global R&D workforce in India.