Earlier in the year, Modi government had moved WTO against the US imposing higher fee for applicants seeking two categories of non-immigrant temporary working visas
Industry body Nasscom on Wednesday said it has formed a corporate governance and ethics committee to prevent Satyam-like incidents in future.
Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
Admitting that the global economic environment was still 'uncertain', IT body Nasscom said on Tuesday the fundamentals of the domestic IT industry are strong but there was a need to 'wait' and 'watch' its performance in the next two quarters.
AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.
'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'
Nasscom, India 's information technology industry lobby, played down concerns about outsourcing ahead of the US presidential elections when the issue of job losses usually becomes a prominent issue.
Nasscom has recommended that Jammu, Dehra Dun, Chandigarh, Delhi, Lucknow, Patna, Shillong and Kolkata should host the new institutes.
IT industry body Nasscom announced on Wednesday forming a panel of experts to help budding entrepreneurs build strong software companies.
Ganesh Natarajan, deputy chairman and managing director, Zensar Technologies Limited has been appointed vice chairman, Nasscom for the current year.
The National Association of Software and Services Companies on Thursday announced the winners of the Nasscom Global Leadership Awards 2007.
The sops being given to the IT firms in metro cities should be extended to companies in tier 2 and 3 cities as it will generate greater employment opportunities and boost growth, industry body Nasscom has said.
75 per cent of new Internet users will come from rural areas
"The two organisations will work closely to provide business process outsourcing expertise to European SMEs and help selected Indian IT companies to access European markets," a release issued by Nasscom said.
Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.
With some IT majors performing below industry expectations, Nasscom on Wednesday said smaller and mid-size companies, which adopted different strategy after the 2008-09 economic crisis have peformed well, posting up to 20 per cent growth.
Nasscom, the apex body for IT software companies has sought changes in the SEZ Act for the benefit of small firms which constitute a significant number in the industry.
India's IT services industry body National Association for and Services Companies has expressed concern over recent probe by the US against some Indian companies, including country's second largest software exporter Infosys, on allegations of violating visa norms.
Trai has invited comments till January 7 on its paper on differential data pricing.
In its interaction with finance minister Pranab Mukherjee on Tuesday, the IT-BPO industry - represented by Nasscom -- stressed that the industry and government would have to join hands to accelerate IT adoption in the government sector. "We received a positive response from the government," said Nasscom president Som Mittal.
National Association of Software and Service Companies on Thursday condoled the death of former IT and Communications Minister Pramod Mahajan
For Nasscom the priority now is to see that business continues for Satyam. The IT-BPO union Unites Professionals had said that if there is a layoff they will step in.
Nasscom representatives, on their recent visit to the US, met a large cross-section of stakeholders the US administration, elected representatives of the Congress, various associations, US headquartered companies and customer companies as well. The industry body also said that protectionist policies would only delay the recovery of the US from the ongoing recession.
The apex body of software and services companies in India, Nasscom, on Monday said it was focussing on ways to promote development of more software products.
Will help entrepreneurs collaborate and develop a culture of innovation in the country.
The growth rate might come down by six per cent due to the competition besides economic uncertainty and lesser IT spends by the US, Nasscom President Som Mittal said. "A recent survey by Nasscom revealed the industry grew by 28 to 29 per cent in the last few years but our forecast is that it will go down to 22 to 24 per cent," he said while releasing the survey earlier this week.
Nasscom is exploring the possibility of establishing a 'nearshore community software development centre' for small and medium enterprises to enable them to have access to global development offices.
Big data analytics is an expertise that offers actionable insights and is a confluence of a host of specialisations, including mathematics, science and social sciences.
The apex body representing Indian IT industry, Nasscom, on Wednesday said that small and medium enterprises (SMEs) would drive growth in the sector and help India maintain its lead globally.
NASSCOM Foundation and DataWind Corporation, have started a pilot project to provide internet connectivity in the rural areas.
Mittal, who is the head of services business of Hewlett Packard for Asia Pacific and Japan, will succeed Karin Karnik and will assume office from January 2008.
Describing US "protectionist" moves as a "disturbing trend", apex IT industry body NASSCOM on Wednesday said it hoped that America will make more investments to create jobs, instead of taking such "regressive" actions.
IT software industry trade body Nasscom has rejected allegations made by US senators of abuse of visas by some Indian companies.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
The multi-pronged initiative is targeted at employees, organisations, enforcement agencies and policy amendment, through a '4E Framework' - engagement, education, enactment and enforcement.
