News for 'Association for Information Technology'

Has Apple's Roller-Coaster Ride In India Ended?

Has Apple's Roller-Coaster Ride In India Ended?

Rediff.com21 Apr 2023

The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.

India's first entrepreneur to sell solar power

India's first entrepreneur to sell solar power

Rediff.com9 Dec 2009

Inderpreet S Wadhwa, a former Silicon Valley serial entrepreneur, sets up India's first commercial solar power plant Awan, Amritsar.

Student suicide: HC orders police protection to Kerala college amid protest

Student suicide: HC orders police protection to Kerala college amid protest

Rediff.com9 Jun 2023

The court directed police to provide protection for the "smooth functioning" of the college in order to conduct the admission process.

Mamata removes Partha Chatterjee from cabinet, all TMC posts

Mamata removes Partha Chatterjee from cabinet, all TMC posts

Rediff.com28 Jul 2022

The ED had arrested Chatterjee, who is also the Trinamool Congress secretary-general, on July 23 in connection with its investigation into alleged irregularities in the recruitment drives by the School Service Commission.

Cybersecurity norms for portfolio managers in place

Cybersecurity norms for portfolio managers in place

Rediff.com29 Mar 2023

Capital markets regulator Sebi on Wednesday came out with a cybersecurity framework for all portfolio managers having an asset base of at least Rs 3,000 crore. The new guidelines will come into force from October 1, 2023, the Securities and Exchange Board of India (Sebi) said in a circular. Under the framework, Sebi asked portfolio managers to report all cyber-attacks and breaches experienced by them within 6 hours of detecting such incidents.

Kundra main facilitator in porn films case, earned millions: Chargesheet

Kundra main facilitator in porn films case, earned millions: Chargesheet

Rediff.com15 Sep 2021

Businessman Raj Kundra was the "main facilitator" in a pornographic content case and he along with other accused exploited young women struggling in the movie industry by filming them in obscene ways, the Mumbai Police claimed in a supplementary charge-sheet filed in a court on Wednesday.

IT's a woman's world

IT's a woman's world

Rediff.com5 Mar 2005

Israel-Hamas Conflict: India's IT Companies On Edge

Israel-Hamas Conflict: India's IT Companies On Edge

Rediff.com18 Oct 2023

'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'

Cognizant rejig to cost $400 mn over 2 years, to lay off 3,500 employees

Cognizant rejig to cost $400 mn over 2 years, to lay off 3,500 employees

Rediff.com5 May 2023

Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates. Its NextGen Program aims at simplifying the operating model, optimising corporate functions, and consolidating and realigning office space to reflect a post-pandemic hybrid work environment. As part of this structural shift, Cognizant will eliminate 80,000 seats, or 11 million square feet of real estate in large cities in India.

It's boom time for tech fraud fighters

It's boom time for tech fraud fighters

Rediff.com2 Sep 2021

More people using the internet for financial and e-commerce transactions has led to job creation in a niche segment. Specialists who can help deal with rising technology (tech) frauds are in high demand amid the surge in electronic transactions during the pandemic. Demand for tech fraud experts has risen upwards of 35 per cent, reveals employment and human resource services company TeamLease Services.

'El Nino impact an immediate concern to markets'

'El Nino impact an immediate concern to markets'

Rediff.com4 Jul 2023

'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'

7.3 million PCs sold in '07-08

7.3 million PCs sold in '07-08

Rediff.com8 Jul 2008

The recorded sales include both notebooks and desktop personal computers as of March 2008. Information Technology consumption in 2007-08 was led by a significant growth in notebook sales, which grew by 114 per cent, industry performance review by Manufacturers Association for Information Technology, the apex body representing India's IT hardware sector said. Western and Southern India recorded a maximum growth in PC consumption at 39 per cent each.

US fiscal cliff won't impact Indian IT: Nasscom

US fiscal cliff won't impact Indian IT: Nasscom

Rediff.com20 Nov 2012

A fiscal cliff refers to the simultaneous expiry of tax breaks and the introduction of spending cuts.

Microsoft's NGO initiative a non-starter

Microsoft's NGO initiative a non-starter

Rediff.com28 May 2007

Software giant Microsoft, in association with several NGOs, recently launched a programme aimed at enabling the local communities to use information technology as a tool to their development.

IT companies form local bodies in smaller cities

IT companies form local bodies in smaller cities

Rediff.com10 Jan 2011

Information technology companies in smaller cities are forming regional associations to attract investments and get their demands fulfilled at the local level, as industry body Nasscom is unable to spread its wings in many such cities. Smaller companies in places such as Bhubaneswar, Coimbatore, Madurai, Kozhikode, Ahmedabad, Kochi and Thiruvananthapuram have created regional fora to sell their locations and also lobby state governments.

Banks wrote off NPAs over 10 lakh crore in last 5 financial years: FM

Banks wrote off NPAs over 10 lakh crore in last 5 financial years: FM

Rediff.com13 Dec 2022

Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off, she said in a reply to Rajya Sabha. "Banks write off NPAs as part of their regular exercise to clean up their balance sheet, avail tax benefit and optimise capital, in accordance with RBI guidelines and policy approved by their boards.

'Ad bodies should be more inclusive'

'Ad bodies should be more inclusive'

Rediff.com5 Apr 2008

"There is a great deal of similarity between the advertising industry and the IT industry. One of them is that they both provide services," Kiran Karnik, former president of Nasscom, said during his address on the first day of Goafest 2008, the three-day meeting of the advertising industry.

Only 40% of e-waste recycled in India

Only 40% of e-waste recycled in India

Rediff.com14 Dec 2007

While an estimated 3.3 lakh tonnes of e-waste is generated in India, about 50,000 tonnes is imported or dumped in the country. Only 40 per cent of India's total e-waste is recycled, and the rest is left in storehouses due to an inefficient collection system.

Karnik hints at slowdown in IT exports in 4 yrs

Karnik hints at slowdown in IT exports in 4 yrs

Rediff.com9 Mar 2007

Kiran Karnik, president of National Association of Software and Service Companies day hinted on Thursday at a possible slowdown in the momentum of India's information technology exports after 2010,due to the recent tax impositions on the sector.

Passenger sues Air India for personal data breach: What happens now?

Passenger sues Air India for personal data breach: What happens now?

Rediff.com14 Jul 2021

Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.

RBI may introduce CBDC in call money market soon

RBI may introduce CBDC in call money market soon

Rediff.com5 Sep 2023

The Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) for transactions for interbank borrowing or call money market, sources said on Tuesday. The pilot in the wholesale segment, known as the Digital Rupee -Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities. "RBI is now planning to go into the interbank borrowing market.

US high-tech industry against immigration bill

US high-tech industry against immigration bill

Rediff.com28 May 2007

The high-tech industry in the US has opposed the immigration bill being debated in the Senate, saying the measure as currently drafted would harm the American technology industry.

India-Taiwan-US Unite To Counter China's Cyber Threats

India-Taiwan-US Unite To Counter China's Cyber Threats

Rediff.com21 Dec 2023

Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China.

Hyderabad: Rains force schools, colleges to shut; army called in

Hyderabad: Rains force schools, colleges to shut; army called in

Rediff.com23 Sep 2016

Following the heavy downpour which crippled normal life, the state government has declared a holiday for educational institutions in Hyderabad on Friday and Saturday.

Indian IT firms look West for patents

Indian IT firms look West for patents

Rediff.com17 Nov 2010

The industry has registered a 29-fold increase in patents over 2005-2008.

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Rediff.com4 Oct 2023

"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

Rediff.com29 Oct 2022

In the document, the global body expressed concerns over the increasing use of Internet and other information and communications technologies, including social media platforms, for terrorist purposes.

How BJP Uses Influencers To Win Over Voters

How BJP Uses Influencers To Win Over Voters

Rediff.com26 Feb 2024

'While other parties generally need support directly from their central leadership to get influencers or celebrities to endorse their party, the work of identifying and contacting such influencers has been decentralised to state and district level IT cells to get more engagement in the BJP.'

Infotech in 2020: The $300 billion question

Infotech in 2020: The $300 billion question

Rediff.com3 Jan 2011

A National Association of Software and Services Companies study done by McKinsey suggests that the industry has quadrupled its gross domestic product contribution to four per cent, contributed to 45 per cent of all incremental urban employment created in the last 10 years, employed over two million people and gave impetus to new entrepreneurs, and increased the number of tertiary education institutions in the country.

Flexible work plan for women raising family mooted

Flexible work plan for women raising family mooted

Rediff.com22 Nov 2010

Nasscom, the information technology and BPO industry body, on Monday favoured a flexible work atmosphere for women engaged in raising their family to curb dropout rates and boost their numbers in mid-level and senior management positions in companies.

The curious case of Kenneth Haywood

The curious case of Kenneth Haywood

Rediff.com20 Aug 2008

Kenneth Haywood, the US national who gave the Indian police a slip, remains a mystery. Rediff's Matthew Schneeberger investigates.

Indian IT firms look beyond North America, EU

Indian IT firms look beyond North America, EU

Rediff.com2 Nov 2010

Browbeaten by recession and anxiety about mounting protectionism in key markets have led Indian information technology (IT) companies to extend their reach in the countries of Africa, the West Asia and Asia Pacific.

PC sales may cross 30 lakh units in FY04

PC sales may cross 30 lakh units in FY04

Rediff.com4 Dec 2003

Revising its earlier projection of 27 lakh units, Manufacturers Association of Information Technology on Thursday said personal computer sales during the current fiscal would cross 30 lakh units.

With facial recognition CCTVs and anti-drone systems, R-Day security goes hi-tech

With facial recognition CCTVs and anti-drone systems, R-Day security goes hi-tech

Rediff.com14 Aug 2023

Delhi has been wrapped in a security blanket for Tuesday's 77th Independence Day celebrations, with more than 10,000 personnel manning the area in and around the Red Fort from where Prime Minister Narendra Modi will address the nation, the police said.

CBI files FIR over actor Vishal's censor board graft charge

CBI files FIR over actor Vishal's censor board graft charge

Rediff.com5 Oct 2023

The CBI has lodged an FIR against three persons and unidentified officials of the Central Board of Film Certification (CBFC) over the allegations of actor Vishal that he had to pay Rs 6.5 lakh to get a certificate for his film Mark Antony, officials said on Thursday.

'Markets may remain sideways'

'Markets may remain sideways'

Rediff.com29 Aug 2022

'The idea is to invest where there is opportunity.'

Pay hikes for all Satyam staff next month

Pay hikes for all Satyam staff next month

Rediff.com18 Jun 2010

Key leadership hiring in different pockets -- a few from other companies -- to beef up the company's sales efforts is currently on.