Friday, Apr 4 2025 | Time 03:59 Hrs(IST)
Business EconomyPosted at: Mar 31 2025 4:58PM


Vanguard to establish its first Global Capability Center in Hyderabad

Hyderabad, Mar 31 (UNI) Vanguard, one of the world’s leading investment firms, has announced plans to set up its first Global Capability Center (GCC) in India, choosing Hyderabad as its preferred location.
A Vanguard delegation, led by CEO Salim Ramji, IT Division CIO & MD Nitin Tandon, Chief HR Officer John Couture, and GCC-Vanguard India Head Venkatesh Natarajan, met Telangana Chief Minister A Revanth Reddy at his residence in Banjara Hills on Monday. Chief Secretary Shanti Kumari and senior government officials were also present.
Following discussions, Vanguard confirmed its decision to establish the Hyderabad GCC, which is expected to be operational by the end of this year. The company aims to hire 2,300 employees over the next four years, focusing on talent in artificial intelligence, data analytics, and mobile engineering, an official statement said.
Vanguard, which manages approximately USD 10 trillion in assets and serves over 50 million investors worldwide, envisions its Hyderabad GCC as an innovation hub. The center will drive advancements in financial technology and enhance customer experience through cutting-edge solutions.
Expressing his delight over the development, Chief Minister Revanth Reddy said, “Hyderabad is emerging as a global hub for GCCs under the Telangana Rising Vision. Vanguard’s presence will further strengthen the city’s position on the global stage and create new opportunities for skilled professionals.” He assured the company of full government support.
Vanguard CEO Salim Ramji highlighted Hyderabad’s diverse talent pool, high quality of life, and strong technological ecosystem as key factors in their decision.
He emphasised that the company is excited to leverage Hyderabad’s strengths while providing world-class services and employment opportunities in AI, cloud, and mobile technology.
UNI VV SJC
Please log in to get detailed story.
Tags: #Vanguard to establish its first Global Capability Center in Hyderabad
More News

India secures US tariff exemption for pharma products: Hetero chairman

04 Apr 2025 | 2:09 AM

Hyderabad, Apr 3 (UNI) Dr Bandi Parthasaradhi Reddy, member of Rajya Sabha and Chairman of Hetero Group of Companies, on Thursday expressed his heartfelt gratitude to Prime Minister Narendra Modi and the Government of India for successfully securing an exemption for Indian pharmaceutical products from the US reciprocal tariff.

see more..

Xpheno appoints Francis Padamadan as CEO

04 Apr 2025 | 1:58 AM

Hyderabad, Apr 3 (UNI) Xpheno, India’s largest specialist staffing company headquartered in Bengaluru, on Thursday announced its expansion, and specialization plans over the next two years.

see more..

Cathay Pacific strengthens India ties with Hyderabad resumption

03 Apr 2025 | 8:57 PM

Hyderabad, Apr 3 (UNI) Cathay Pacific said on Thursday it has strengthened its network in India with the resumption of its non-stop passenger service from Hyderabad, the capital city of India’s Telangana state, recently.

see more..

SEBI exempts Govt from making an open offer in Vodafone Idea Ltd

03 Apr 2025 | 8:12 PM

New Delhi, Apr 3 (UNI) Stock market regulator SEBI on Thursday exempted the Government of India from making an open offer in telecom company Vodafone Idea (Vi) following acquisition of about 34 per cent equity on the conversion of spectrum dues of TSP into government equity.

see more..

Federal Bank launches FedstarBiz

03 Apr 2025 | 7:56 PM

Kochi, Apr 3 (UNI) Federal Bank, a leading private sector bank in India, has announced a new addition to its product portfolio with the launch of FedStarBiz - a credit card designed exclusively for business customers.
This has been launched by Federal Bank in collaboration with NPCI, an umbrella organization for operating retail payments and settlement systems in India and Visa, a global payments technology company.

see more..