Business Standard

Costa Rica

Capability, innovation hub mkt to nearly double to $117 bn by 2027: Report

The market size of capability and innovation hubs in India is expected to nearly double to USD 117 billion by 2027 from USD 65 billion valued at present, according to a report. Units engaged in oursourced work of overseas clients are referred as CIHs (capabilities and innovation hubs). The domestic CIH market is on course to increase at a compounded annual growth rate of 16 per cent till 2027 and reach USD 117 billion from USD 65 billion now, consultancy firm BCG said in its report. India leads CIH ecosystem globally with around 1,600 centres, followed by the Philippines, Malaysia, Poland, Brazil, Ireland, Mexico, Costa Rica, Romania, Morocco and the Czech Republic. The report said that CIHs are poised to play a more integral role in the growth of enterprises as they expand their portfolio of services to include front-end customer business facing operations and capabilities in upcoming technologies. Meanwhile, the report has projected the annual growth of global CIH spends at 10 p

Capability, innovation hub mkt to nearly double to $117 bn by 2027: Report
Updated On : 13 Dec 2023 | 2:00 PM IST

President Biden hosts Costa Rican Prez Rodrigo Chaves at White House

President Joe Biden is hosting Costa Rican President Rodrigo Chaves at the White House Tuesday, following an agreement between the two nations on possible legal pathways for migrants. The two leaders are expected to discuss how the two nations can work together to strengthen economic ties through new jobs, advance democracy and promote orderly migration. The Central American nation has emerged as an immigration hotspot, as migrants increasingly travel through the dangerous Darien Gap from Colombia into Central America and north into Costa Rica. In June, Costa Rica and the U.S. agreed to open potential legal pathways to the United States for some of the Nicaraguan and Venezuelan migrants who are among the 240,000 asylum seekers in the Central American nation. Last year, Nicaraguans accounted for nine out of 10 applicants. The agreement was aimed at reducing the pressure on Costa Rica's overwhelmed asylum system and heading off asylum seekers who could give up on the slow process in

President Biden hosts Costa Rican Prez Rodrigo Chaves at White House
Updated On : 29 Aug 2023 | 11:38 AM IST

Uber app glitch costs US couple $29,994 for a ride in Costa Rica

A glitch in the app's system caused the couple to be charged almost 600% more for a ride, couple claims Uber customer care was impossible to reach

Uber app glitch costs US couple $29,994 for a ride in Costa Rica
Updated On : 10 Jul 2023 | 5:48 PM IST

Hero MotoCorp partners Motosport SA in Costa Rica for sales, services

Hero MotoCorp on Friday said it has roped in Motosport SA as a partner in Costa Rica. As the exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in the country, Motosport SA will play a key role in the rapid expansion of the company's network in Costa Rica, a key market in Central America. "With their expertise in the motorcycle market, Motosport is the ideal partner for Hero MotoCorp as we introduce our technologically-advanced and globally benchmarked products and services here. Our immediate focus is to develop a robust and widespread sales, service and spare parts network across the entire country. We expect our new range of motorcycles and scooters to excite the customers," Hero MotoCorp Head-Global Business Sanjay Bhan said in a statement. Established in 2002, Motosport SA has more than two decades of expertise in the motorcycle industry, with its sales, service and parts network spanning across the entire country. Hero MotoCorp plans to h

Hero MotoCorp partners Motosport SA in Costa Rica for sales, services
Updated On : 12 May 2023 | 6:58 PM IST

Fifa World Cup: Giant killers Japan scalp Spain, Germany out in group stage

Fifa World Cup 2022 Highlights: Japan stunned Spain 2-1 as they once again came back from 0-1 down in the first half. Germany, even after beating Costa Rica 4-2, would have to bow out at group stage

Fifa World Cup: Giant killers Japan scalp Spain, Germany out in group stage
Updated On : 02 Dec 2022 | 2:52 AM IST

Fifa World Cup Highlights: Spain thrash Costa Rica 7-0, Japan shock Germany

FIFA World Cup Qatar Live Score and Updates: It was a night full of good games. While Japan shocked Germany 2-1, coming from one goal behind, Spain were on a scoring spree and beat Costa Rica 7-0

Fifa World Cup Highlights: Spain thrash Costa Rica 7-0, Japan shock Germany
Updated On : 23 Nov 2022 | 11:43 PM IST

6 people feared dead in small plane crash off Costa Rica: Official

Six people, apparently including a German business magnate, were feared dead Saturday after a small plane crashed into the Caribbean just off the Costa Rican coast. All five passengers are believed to be German citizens, according to Security Minister Jorge Torres. The plane's pilot was Swiss. Costa Rican authorities said pieces of the twin-engine turboprop aircraft were found in the water Saturday, after the flight went missing Friday. A flight plan filed for the small, charter plane listed Rainer Schaller as a passenger. A man by the same name runs international chains of fitness and gym outlets, including Gold's Gym and McFit. Martn Arias, Costa Rica's assistant security minister, said no bodies had been located yet at the site, about 17 miles (28 kilometers) off the coast from the Limon airport. Pieces have been found that indicate that this is the aircraft, Arias said. Up to now we have not found any bodies dead or alive. The plane was a nine-seat Italian-made Piaggio P180 .

6 people feared dead in small plane crash off Costa Rica: Official
Updated On : 22 Oct 2022 | 11:03 PM IST

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs

The new centre in Guadalaraja will enable the company to serve its local and international client base across industries

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs
Updated On : 08 Oct 2022 | 2:17 PM IST

Canada beats Costa Rica 2-0, tops group at CONCACAF W Championship

As Jessie Fleming scored an early goal, Canada beat Costa Rica 2-0 at the CONCACAF W Championship.

Canada beats Costa Rica 2-0, tops group at CONCACAF W Championship
Updated On : 12 Jul 2022 | 11:52 AM IST

UN General Assembly approves Costa Rica's Grynspan to head UN trade body

Costa Rican economist Rebecca Grynspan will be the first woman and Central American to lead the Geneva-based organization

UN General Assembly approves Costa Rica's Grynspan to head UN trade body
Updated On : 12 Jun 2021 | 1:21 PM IST

Costa Rica volcano eruption chokes towns in smoke and ash

Television channels showed the footage of hundreds of people flocking to hospitals with breathing and skin problems

Costa Rica volcano eruption chokes towns in smoke and ash
Updated On : 21 May 2016 | 11:08 AM IST