Nasscom President R Chandrashekhar

Nasscom President R Chandrashekhar News

Steep fall in angel funding to start-ups: Angel tax driving away investors from ecosystem
Business

Steep fall in angel funding to start-ups: Angel tax driving away investors from ecosystem

Angel tax is tax on capital that is raised by unlisted companies by issuing shares in excess of their fair market value.

Disruptive moves on H-1B visa detrimental for India, United States, says Nasscom
Business

Disruptive moves on H-1B visa detrimental for India, United States, says Nasscom

Estimates show that such a move could lead to deportation of over one million H-1B visa holders in the US -- many of them Indians -- who are waiting for their green cards

Karnataka partners with NASSCOM to launch a Centre of Excellence for data science and artificial intelligence
News & Analysis

Karnataka partners with NASSCOM to launch a Centre of Excellence for data science and artificial intelligence

Nasscom President said the centre will position India as a disruptor in the space and the IT body will evangelise such a programme across the country.

Privacy as fundamental right to boost digital adoption: Nasscom
Business

Privacy as fundamental right to boost digital adoption: Nasscom

Nasscom President R Chandrashekhar said SC ruling will ensure that protection of citizen's privacy is a "cardinal principle" in India's growing digital economy

Reskilling employees is more important to IT industry, says Nasscom
Business

Reskilling employees is more important to IT industry, says Nasscom

Though automation in the IT industry destroys jobs, industry growth leads to creation of more jobs, said R Chandrashekhar, president, Nasscom

Layoffs: IT firms should show sensitivity, transparency, says Nasscom
Business

Layoffs: IT firms should show sensitivity, transparency, says Nasscom

Nasscom advised IT companies to adopt sensitivity and transparency while dismissing an employee

Nasscom sees Indian IT export growing 7-8% this year, outlook positive
Business

Nasscom sees Indian IT export growing 7-8% this year, outlook positive

The size of the Indian IT industry is pegged at US $154 billion, including US $11 billion incremental revenues added in the previous fiscal, according to Nasscom

'Make India $1 trillion digital economy in 4 years': Union Minister Ravi Shankar Prasad to industry
Business

'Make India $1 trillion digital economy in 4 years': Union Minister Ravi Shankar Prasad to industry

"Create a technology which is affordable, create infrastructure which is developmental, create an environment which is inclusive," Prasad said

IT layoffs: Nasscom denies huge job cuts, urges engineers to 're-skill or perish'
Business

IT layoffs: Nasscom denies huge job cuts, urges engineers to 're-skill or perish'

There have been reports suggesting that over 50,000 people could be laid off this year from companies like Wipro, Infosys and Cognizant

Nasscom likely to lower FY17 export revenue growth guidance
Business

Nasscom likely to lower FY17 export revenue growth guidance

IT industry body Nasscom today said it is "fairly clear" that it will have to revise downwards its export revenue growth guidance of 10-12 per cent for 2016-17 in view of muted second quarter results by major companies in the sector.