
Illumina India Wins the Top GCC Award at the 2025 GCC Workplace Awards
Bengaluru (Karnataka) [India], July 22: Illumina Inc. (NASDAQ: ILMN), a global leader in sequencing technology, announced today that Illumina India has won the Top GCC Award at the 2025 GCC Workplace Awards, hosted by the Zyoin Group. The award recognizes Illumina India as the leading Global Capability Center (GCC) in the country for its world-class innovation, progressive workplace culture, inclusive practices, and strong people focus.
"This is a proud milestone for all of us at Illumina. To be recognized with this award just a year into building our GCC in India is truly special. Right from day one, we focused on creating a place where people feel valued, supported, and part of something meaningful. Whether it's through our contributions to the future of human health, shaping a strong and positive culture, or establishing policies that support our people - this recognition belongs to everyone who has been part of the journey," said Ramesh Thamotharan, Director, Global Operations & Site Leader, Illumina India.
Now in its second edition, the GCC Workplace Awards has established itself as India's largest GCC Workplace Leadership Summit & Awards - a platform that honors workplace excellence across Global Capability Centers in the country. As India continues to emerge as a global innovation powerhouse, this prestigious platform honors the trailblazing GCCs that are setting new standards in culture, capability, and collaboration.
"Being named a Top GCC among over 300 participants and nearly 700 nominations is a great honor for all of us at Illumina," said Jeyandran Chandrasekaran, HR Site Lead, Illumina India. "This recognition highlights our culture where people come first, and every team member is empowered to grow and make an impact. We are proud that our values and workplace experience resonate not only within our teams but also across the larger industry ecosystem. This acknowledgment inspires us to continue creating an environment where people are excited to contribute and thrive."
Illumina strengthened its presence in India by establishing a Global Capability Center and expanding its technology workforce to support its global customer base in 2024. Bengaluru joined other key locations, including Singapore, Cambridge (England), Eindhoven (Netherlands), Shanghai, Madison (Wisconsin), Hayward (California), and San Diego, as Illumina Global Capability Centers.
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
Hashtags

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


Mint
22 minutes ago
- Mint
One-third of Indias active FinCrime talent pool is based in Bengaluru: Report
Mumbai, Jul 23 (PTI) Bengaluru, which contributes nearly one-third of the financial crime (FinCrime) analyst talent pool, has emerged as India's preferred destination for organisations seeking to strengthen their risk management, compliance, and fraud prevention capabilities, a report said on Wednesday. Bengaluru leads across mid and senior experience bands, the report, FinCrime Talent Pulse: India's Workforce Trends, by Careernet stated. Bengaluru stands out as the leading destination, contributing nearly one-third (32 per cent) of the national active talent pool, the report said. Delhi NCR and Hyderabad follow with 17 per cent each, while Chennai (12 per cent) and Mumbai (7 per cent) rank among the top five. However, Mumbai showed a higher presence of an active talent pool at senior levels, indicating increased demand for experienced professionals. An additional 9 per cent of the talent pool is distributed across tier II and emerging cities, signalling a broader national footprint for FinCrime talent, added the report. "India is becoming central to how global organisations build FinCrime capabilities, thanks to our extensive talent pool, deep domain expertise, and the ability to scale cost-effectively," Careernet Chief Business Officer Neelabh Shukla said. The FinCrime Talent Pulse: India's Workforce Trends, report is based on an analysis of over 25,500 active job seekers across key domains like KYC, Sanctions, and Fraud Control and Regulatory Compliance, spanning five major sectors, including GCC banks, Indian banks, consulting, financial services, and offshoring. The report further revealed that skill-distribution data showed that 58 per cent of the active FinCrime workforce is engaged in KYC, Customer Due Diligence (CDD), and Monitoring functions, underlining the industry's continued focus on onboarding compliance, risk mitigation, and AML (Anti-Money Laundering) checks. Meanwhile, 22 per cent of the active FinCrime talent pool work in Fraud Control and Regulatory Compliance, and the remaining 20 per cent specialised in sanction-related roles, indicating a growing concentration of specialised talent in high-risk areas such as global sanctions screening, transaction monitoring, and escalation management. In terms of industry segments, offshoring firms account for 36 per cent of the total FinCrime workforce, predominantly at the mid-level, said the report. GCC banks contribute 25 per cent, offering the strongest talent pool at the senior level, it stated. Indian banks and financial services firms each account for 11 per cent, while Big 4 and consulting firms contribute 10 per cent, providing advisory and transformation talent.


News18
32 minutes ago
- News18
One-third of Indias active FinCrime talent pool is based in Bengaluru: Report
Last Updated: Mumbai, Jul 23 (PTI) Bengaluru, which contributes nearly one-third of the financial crime (FinCrime) analyst talent pool, has emerged as India's preferred destination for organisations seeking to strengthen their risk management, compliance, and fraud prevention capabilities, a report said on Wednesday. Bengaluru leads across mid and senior experience bands, the report, FinCrime Talent Pulse: India's Workforce Trends, by Careernet stated. Bengaluru stands out as the leading destination, contributing nearly one-third (32 per cent) of the national active talent pool, the report said. Delhi NCR and Hyderabad follow with 17 per cent each, while Chennai (12 per cent) and Mumbai (7 per cent) rank among the top five. However, Mumbai showed a higher presence of an active talent pool at senior levels, indicating increased demand for experienced professionals. An additional 9 per cent of the talent pool is distributed across tier II and emerging cities, signalling a broader national footprint for FinCrime talent, added the report. 'India is becoming central to how global organisations build FinCrime capabilities, thanks to our extensive talent pool, deep domain expertise, and the ability to scale cost-effectively," Careernet Chief Business Officer Neelabh Shukla said. The FinCrime Talent Pulse: India's Workforce Trends, report is based on an analysis of over 25,500 active job seekers across key domains like KYC, Sanctions, and Fraud Control and Regulatory Compliance, spanning five major sectors, including GCC banks, Indian banks, consulting, financial services, and offshoring. The report further revealed that skill-distribution data showed that 58 per cent of the active FinCrime workforce is engaged in KYC, Customer Due Diligence (CDD), and Monitoring functions, underlining the industry's continued focus on onboarding compliance, risk mitigation, and AML (Anti-Money Laundering) checks. Meanwhile, 22 per cent of the active FinCrime talent pool work in Fraud Control and Regulatory Compliance, and the remaining 20 per cent specialised in sanction-related roles, indicating a growing concentration of specialised talent in high-risk areas such as global sanctions screening, transaction monitoring, and escalation management. In terms of industry segments, offshoring firms account for 36 per cent of the total FinCrime workforce, predominantly at the mid-level, said the report. GCC banks contribute 25 per cent, offering the strongest talent pool at the senior level, it stated. Indian banks and financial services firms each account for 11 per cent, while Big 4 and consulting firms contribute 10 per cent, providing advisory and transformation talent. PTI SM MR MR view comments First Published: July 23, 2025, 17:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Time of India
an hour ago
- Time of India
US stock market futures explode higher as Trump seals shocking $550B Japan trade deal—Dow and S&P 500 to record highs
U.S. stock futures rise after Trump announces $550 billion U.S.-Japan trade agreement- Wall Street opened on a high note Wednesday morning as Dow Jones, S&P 500, and Nasdaq futures surged following President Trump's announcement of a new trade agreement with Japan. The landmark deal, unveiled late Tuesday, includes a $550 billion Japanese investment into U.S. industries and a reduction in previously proposed tariffs on Japanese auto imports. The positive momentum lifted investor sentiment across global markets, helping push the S&P 500 to fresh record territory and driving sharp rallies in Japanese and European stocks. Explore courses from Top Institutes in Please select course: Select a Course Category Major Indices Performance (as of latest close/premarket) Index Change Key Drivers Dow Jones +0.4 % (≈+0.5% futures) Boosted by the U.S.–Japan trade deal easing tariffs and improving auto sector sentiment S&P 500 +0.1 % to +0.3% (futures +0.37%) Hit a fresh all-time high, led by cyclical sectors and record earnings momentum Nasdaq –0.4 % (–0.39% premarket) Tech lagged due to profit-taking in mega caps; chip-related stocks under pressure Key highlights of the U.S.–Japan trade deal $550 billion investment from Japan into U.S. infrastructure, energy, and manufacturing projects. Auto tariffs reduced : The 25% threatened tariff on Japanese vehicles was slashed to 15%. Revenue sharing agreement with a 90/10 split favoring U.S. companies. President Trump hailed the deal as 'one of the biggest and most beautiful trade agreements in U.S. history,' claiming it would create 'millions of jobs.' How the stock market reacted Following the news: Dow Jones Industrial Average futures climbed over 0.5% . S&P 500 futures rose 0.37% , pushing the index to a new all-time high. Nasdaq 100 futures edged up 0.16% , supported by gains in tech and auto stocks. Asian markets soared: Japan's Nikkei jumped 3.5% , while South Korea and Hong Kong indices also saw gains. European markets responded positively, with London's FTSE 100 rising 0.5% . Market drivers: Why investors are optimistic The deal eased investor concerns around escalating trade tensions and opened the door for potential deals with other major economies. Market analysts say the timing is critical, coming just ahead of the August 1 deadline for broader tariff implementation on global partners. Auto stocks were the biggest beneficiaries: Live Events Toyota (TM) surged over 13% Mazda (MZDAF) jumped 17% Honda (HMC) rose 11% Ford (F) and General Motors (GM) gained around 2–3% in pre-market trading What to watch next While the deal is a strong positive for near-term sentiment, several factors will shape the market outlook in the coming days: Earnings season continues, with big reports expected from Tesla, Alphabet (Google), AT&T, and Texas Instruments. Traders are also eyeing the Federal Reserve's upcoming meeting for clues on future interest rate cuts. Speculation is growing around similar trade pacts with the European Union and China , which could fuel further rallies if agreements are reached before the next round of tariffs. Despite the bullish tone, experts warn that tariffs on some goods remain above pre-Trump levels, which may keep inflation pressures elevated. Economists also note that any disruption in follow-up negotiations could trigger a market pullback. Top Stocks to Watch Ups (Top Gainers & Premarket Movers) GE Vernova (GEV) : Up ~6% after strong Q2 results and raised guidance. Tesla (TSLA) : Slightly higher premarket; eyes on Q2 earnings and Elon Musk's robotaxi remarks. Alphabet (GOOG) : Modest gains ahead of earnings; focus on AI/cloud and data-centre spending. Capital One (COF) : +3.3% after reporting strong adjusted earnings despite a net loss. Medpace (MEDP) : Surged ~55%, standout gainer in healthcare. Downs (Notable Declines) Texas Instruments (TXN) : Plunged ~11% post-earnings due to weak Q3 guidance. SAP : -4.1% premkt despite earnings beat; cloud revenue slightly missed expectations. Enphase Energy (ENPH) : -6.8% after cautious revenue outlook. AT&T (T) : Down ~0.4% despite beating Q2 estimates; guidance perhaps underwhelming A win for markets, but eyes remain on next moves President Trump's U.S.–Japan trade deal has injected fresh optimism into the global economy. While investors celebrate the immediate boost, the market's future performance will hinge on how quickly follow-up deals materialize—and how Q2 earnings unfold. FAQs: Q1: What is the new U.S.–Japan trade deal about? A: The agreement includes a $550 billion Japanese investment in U.S. industries and lowers tariffs on Japanese auto imports from 25% to 15%, favoring U.S. manufacturers with a 90/10 profit-sharing structure. Q2: How did the stock market react? A: Dow futures rose 0.5%, S&P 500 hit a record high with a 0.37% gain, while Nasdaq slipped 0.39% as tech stocks came under pressure.