It Industry News
Around a dozen of industry bodies had written to the Union IT and telecom minister Ashwini Vaishnaw that implementation of the proposed Data Protection Bill, would significantly degrade India's business environment and reduce foreign investment inflows
More than one million information technology employees are expected to continue to work from home even after the coronavirus-inflicted lockdown situation returns to normalcy, says IT industry veteran Senapathy (Kris) Gopalakrishnan
IT and ITeS industry body Nasscom has urged the Centre to reimburse the payroll cost of employees who were on "paid leave" on account of any COVID-19 related lockdown measures till 31 March, 2021, among other concessions and facilities
Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days
The coronavirus outbreak happened to be a major setback for hopes of a revival in beleaguered auto sector of the country, which had grappled in the red zone due to sharp fall in demand for over two quarters.
High skilled immigrants body urges US President Donald Trump to address long sufferings of H-1B visa holders
A nonprofit body, representing high skilled immigrants from India, has urged President Donald Trump to address their long sufferings of H-1B visa holders by accelerating the pace of Green Card or legal permanent residency and remove bureaucratic, legal hurdles from the most-sought after work visa
Indian IT industry now a change originator, not in catch-up mode, say tech honchos; domestic firms getting into product spaces
In an economy that will touch the $5 trillion mark, IT will be a $1.5 trillion industry in itself, said Rajesh Gopinathan, CEO and MD, TCS.
NASSCOM pegs FY20 revenue growth at 7.7% at $191 bn for IT industry in current fiscal; sector adds 2 lakh jobs
The IT industry body had last fiscal discontinued an over two-decade-old practice of forecasting revenue growth, citing the fast-changing dynamics of the industry.
The IT industry accounted for 35 percent of total transaction volume in the first half of 2019 across the top eight cities, which was most apparent within Bengaluru, which recorded an 14 percent rental rise in January-June (H1) 2019.
Improvement in the education system is crucial for India to cement its position as a global leader in software services and will involve strengthening universities that specialise in technology and raising their research contribution to the $125 billion industry, Infosys co-founder Narayana Murthy said on Monday
Indian IT industry important stakeholder in strengthening India-US ties: Indian envoy Harsh Vardhan Shringla
The Indian IT industry is an important stakeholder in promoting business relations between India and the US as it contributes to the competitiveness of global operations of American companies and creates thousands of jobs in the US, Indian envoy Harsh Vardhan Shringla has said
IT industry body Nasscom on Thursday cautioned that any move by the US to limit visas for tech workers, will weaken American companies that depend on these work permits to fill skills gaps and put jobs at risk
Ahead of the Budget, representatives of the tech sector and industry bodies like Nasscom, IAMAI and MAIT met Minister of State for Finance Anurag Thakur on Saturday to discuss various issues, including tax structure, and share their views on strengthening the digital economy
The new government at the Centre should focus on improving the startup ecosystem as it's a big employment generator and has the potential to replicate the country's information technology success story, an IT industry veteran said on Thursday
Recruitment activity sees 12% growth in March led by IT industry; demand for mid-level executives grows by 14%
Recruitment activity for mid-management roles with 8-12 years of experience grew by 9 percent, while senior management roles with 13-16 years of experience recorded a 5 percent rise in hiring.
Unavailability of American tech workers forces Indian IT firms in US to hoard employees and subcontractors
There were as many as 1,15,000 jobs a month available for application software developers. However, there were fewer than 32,000 recruitments.
Infosys, TCS results should be viewed beyond street estimates; industry growth momentum is real and broad-based
TCS will automate and maintain digital platform on the cloud for an estimated 3,00,000 chartered accountants and 8,00,000 students in India alone.
Former President of the industry body NASSCOM noted that many big IT companies in India are reporting a very strong deal pipeline and, so, the growth momentum can be expected to continue
Nasscom raises concerns over Donald Trump govt's latest proposal on H1-B visas, says it could put US jobs at risk
Nasscom said it will carefully review the 139-page proposal and evaluate its implications for US companies and the economy, and then submit comments
The concept refers to the implementation of AI not just as a replacement of human work, but as a means to augment their abilities.
Apparently, there will be a whopping 46% growth in jobs primarily driven by essential digital transformation skills.