IT services exporter Patni Computer Systems Ltd has appointed Massachusetts Institute of Technology professor and business strategist Michael A Cusumano as an independent director on its board.
China is only three to five years behind India in software development, steadily closing the gap on the strength of better technology and learning from its competitor's mistakes, says a California-based IT industry expert.
Take the Rediff Business Quiz and find what you know about TCS, India's largest IT company.
The electronics and software export promotion body has requested the commerce ministry for support schemes for boosting exports in view of the severe global export constraints.
A study has revealed that barely 8 per cent of sales leaders went to tier-I MBA universities.
Russia on Wednesday invited Indian entreprenuers to participate in the Information Technology programmes which have been launched in that country to enhance Internet penetration.
Electronics and hardware exports clocked year-on-year growth of 3.90 per cent to touch Rs 8,000 crore (Rs 80 billion) this fiscal, Electronics and Computer Software Export Promotion Council said on Monday.
Coimbatore could become the next IT hub of Tamil Nadu with the state government identifying a tract of land to set up an information technology park there.
Foreign direct investment (FDI) in India almost doubled to $2.16 billion in December 2014, compared to $1.10 billion in the same month of 2013.
Prime Minister Narendra Modi on Sunday met leading NRI investors in UAE, who briefed him about various projects they are investing in India.
India received Rs 14232.42 crore (Rs 142.32 billion) worth of foreign direct investment in the first nine months of the current fiscal as opposed to Rs 12117.36 crore (Rs 121.17 billion) FDI received in the whole of 2003-04 fiscal.
Wipro is planning to recruit 9,000 infotech professionals this year to meet manpower needs of its computer software services and business process outsourcing activities.\n\n\n\n
India's IT and ITeS exports are poised to touch the $50 billion mark by the year 2008, IT and Telecom Minister Dayanidhi Maran said on Thursday.
Satyam Computer Services Ltd, India's fourth-largest software company, plans to hire more Chinese engineers and programmers to expand its business of writing computer software for clients in China and Japan.\n\n\n\n
In an order, which may affect the computer industry adversely, the Supreme Court on Friday held that software could be classified as goods for the purpose of levy of sales tax on it.
Tata Consultancy Services, with exports worth $806.1 million is the largest software exporter during 2001-02, while Celetron India led the race in exports of computer hardware.\n\n\n\n
Indian software industry is targeting the middle-east market as it seeks to raise the information technology exports from $8 billion last year to $50 billion in 2008.
Services attracted the most FDI during the first eleven months period of 2015-16.
In the imports bracket, India was the United States' 11th largest supplier of goods in 2017
In January 2014, the country had received $2.18 billion FDI.
Amongst the top 10 sectors, telecom received the maximum FDI of $2.47 billion
Dates like 9/11 should never be allowed to pass by forgotten because terrorism is not to be borne, inhumanity is not to borne.
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
The industry employs about 10 million workforce.
In June 2012, the country had received FDI worth $1.24 billion.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
The terms of the acquisition were not made public.
To resolve the so-called 'angel tax' issue, the start-ups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums, she said.
In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.
The ICAS, a unique twinning programme, allows students to choose from international universities from USA, UK, Australia, Canada, Germany and France.
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