Industry body Nasscom on Wednesday said it has formed a corporate governance and ethics committee to prevent Satyam-like incidents in future.
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.
Infosys will comply with whatever regulations and guidelines Karnataka comes up with, a top company official said on Thursday on the proposed reservations for locals in private firms in the state. Infosys employs over 3.15 lakh people at present across the globe. "We are planning to work with all the regulations of the state and central governments.
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.
75 per cent of new Internet users will come from rural areas
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.
A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.
Is India headed there again? questions Ajit Balakrishnan
'These are the two core skill sets that are required for any job, in any profession.'
"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.
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.
Trai has invited comments till January 7 on its paper on differential data pricing.
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.
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.
Will help entrepreneurs collaborate and develop a culture of innovation in the country.
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.
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.
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 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.
NASSCOM Foundation and DataWind Corporation, have started a pilot project to provide internet connectivity in the rural areas.
Tata Consultancy Services (TCS) on Tuesday ruled out cutting down on hiring, saying it has no plans of doing so but it may have to pace hiring according to the evolving demand scenario. TCS is the largest Indian software exporter in terms of headcount, revenue and profit. The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers.
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.
Nasscom president said moving from single to multiple points could be a challenge from the point of view of ease of doing business
A 10 per cent-plus movement of currency in a few weeks is definitely concerning for the companies.
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