Total investments in the first six months of 2017 was a record $11.34 billion
Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.
Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083 crore while domestic defence orders serviced by listed companies were Rs 48,000 crore. The sector is poised for steady growth. Budgeted domestic capex is likely to hit Rs 3 trillion per annum, and exports could reach $6 billion by FY29.
Andhra Pradesh Chief Minister N Chandrababu Naidu, who was instrumental in developing Hyderabad as a key information technology services destination in the country, is now embarking upon a mission to establish the state as an electronics manufacturing hub.
Telecom industry body COAI has approached the information technology ministry for removal of fake and misleading messages from social media platforms like Facebook, Whatsapp and Twitter linking spread of COVID-19 to 5G technology. The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel and Vodafone Idea, said the claims linking 5G with coronavirus are baseless as 5G networks have not yet been installed in the country and even 5G trials are yet to be started by the telecom operators. In a letter dated May 15 to MeitY additional secretary Rajendra Kumar, COAI director general S P Kochhar said: "To safeguard the national interest, we request your good office to kindly instruct all the social media platforms such as Facebook, Watsapp, Twitter, etc, to remove all such posts and misleading campaigns from their platforms on an urgent basis." People have been sharing audio and video messages on social media platforms in which 5G towers are being blamed for rise in casualties across the country even though none of the companies have installed 5G technology anywhere in India.
In the future of work, companies will have to embrace terms like moonlighting, gig work, flexi work as 'on-demand talent in a Cloud' can be a reality, says Milind Lakkad, chief human resource officer of Tata Consultancy Services (TCS). In some form or the other, gig work, flexiworking - and even moonlighting - will have to be welcomed by companies, says Lakkad. As a first step towards embracing these, TCS is trying to bring all these opportunities for its own employees within the company.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as part of the free trade deal inked. This may lead to savings up to $200 million each year for over 100 Indian IT companies operating in Australia. "The Government of Australia has agreed to amend the domestic taxation law to stop the taxation of offshore income of Indian firms providing technical services to Australia. "This will resolve the issue that the Indian government has raised about the double taxation avoidance agreement (DTAA) between the two governments for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income," said a commerce ministry official.
World's top chip maker Intel and the government on Thursday agreed to jointly develop computing platforms to address issues of affordability, local infrastructure and community usage models to enable and empower rural citizens to participate in infor
The average variable pay across sectors is projected at 17.4%.
The salient features of the new OTT/social media policy announced by the Information Technology Minister Ravi Shankar Prasad and Information and Broadcasting Minister Prakash Javadekar on February 25, 2021.
The development is expected to pave way for greater transfer pricing cooperation between the two countries, enhance investment flow
The highest salary rose by 14.22 per cent from last year.
The web page also enables filing of grievances in relation to the implementation of GST
International Business Machines Corp on Wednesday launched a technology centre in India that would provide design services for advanced chips and hardware boards to companies across Asia.\n\n\n\n
The Delhi high court on Friday asked the Centre to reply to pleas by Facebook and WhatsApp challenging the new IT rules for social media intermediaries requiring the messaging app to "trace" chats and make provisions to identify the first originator of information.
Gives more reporting options to staffers who wish to flag a wrong practice; sequel to changes required from US law, experience.
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape. It enables travellers to pay for a cross-section of needs, including toll tax, retail shopping, and withdrawing money.
'The financial sector's performance in the first two quarters was a revelation.' 'It clearly showed the clean-up had been done in the past one-and-a-half years and that capital brought in was significantly stronger.'
The telecom sector is in the midst of another major shift as voice gives way to data.
When mid-size information technology (IT) services company MindTree acquired Aztecsoft in May 2008, many believed this would herald a trend in Indian IT, in terms of consolidation of small and mid-sized firms to enable them to viably compete with bigger ones.
IT, e-commerce firms to raise the bar in recruitment, packages.
The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.
Cognizant Technology Solutions is infusing generative artificial intelligence (GenAI) into all its core offerings, chief executive Ravi Kumar S wrote in an internal note to its employees. Cognizant has 351,500 employees, a majority of whom are in India. Kumar cited the example of a GenAI-enabled conversational virtual assistant (VA) that Cognizant has introduced to help clients reimagine experiences beyond chatbots.
Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in the country, said its CEO Sundar Pichai at the start of his visit to India - a nation that he saw as a big export economy. India, he said, will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework. Pichai first met Telecom and IT Minister Ashwini Vaishnaw and spoke at a Google for India 2022 event before calling on Prime Minister Narendra Modi.
Sections in the draft Personal Data Protection Bill are a blatant violation of the Right to Privacy as guaranteed by the Constitution.
Also, dedicated resources for top 60 clients, in a set of moves to encourage growth.
The defence ministry has signed a memorandum of understanding with the Ministry of Communications and Information Technology under which the armed forces will immediately release 10 MHz of 3G spectrum and 5 MHz of 2G spectrum.
'MNCs now recognise India's capacity for innovation and its pivotal role in substantive contributions to global product development.'
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.
The government said that the unilateral changes are not fair and acceptable.
The service tax on customised software is a negative for technology companies but it will be passed on to the clients.
CMS Computers Ltd, a $70 million information technology firm, has set up centres in Mumbai, Delhi and Chennai to provide specialized outsourced variable data printing solutions.
Information technology major IBM will invest in the localisation initiatives of Indian universities, developers and scientists for developing e-governance interfaces and applications around Linux, a company official said on Wednesday.
Currency volatility to have negative impact of 275 bps
He said action was akin to holding highway builders responsible for lane violations
Delhi and neighbouring Noida in Uttar Pradesh, too, are studying Gurgaon's no-car Tuesday model.
Hari Balakrishnan, an Indian-origin MIT professor, has received the prestigious Marconi Prize for his fundamental discoveries in wired and wireless networking, mobile sensing, and distributed systems.
At the International Medical Hospital Show 2013 in Japan's Tokyo Big Sight, Fujitsu introduced a Mobile integrated EMR technology.