The National Association of Software and service companies demanded on Wednesday that the tax incentives under section 10 (A) and 10 (B) of the Income Tax Act should continue till 2010, as committed by the government earlier.
It has apparent "negative connotations" in some mature markets such as the US.
Nasscom to set a committee to look for successor of Som Mittal.
To position Bhubaneswar as a sought after IT destination, Orissa needs to build a world class workforce for IT and BPOs, ensure digital acceleration and focus on upgrading social infrastructure to attract global IT citizens. This was pointed out by Ganesh Natarajan, chairman, NASSCOM at an IT conclave on Destination Bhubaneswar.
The executive council, which met in Chennai on Monday, stated, "Som Mittal is doing an outstanding job in leading Nasscom as president.
The move is aimed at raising funds for the $600 million spending plan to boost security at the porous US-Mexico border.
Nasscom recently released its ranking of the top 20 IT-BPO organisations in the country that accounted for over 40 percent of the total employees in this sector.
The UIDAI chairman said people have started relaising the benefits of aadhaar numbers and how it could help them in multiple ways -- from opening a bank account to avail the benefits of various social welfare schemes.
The National Association of Software and Services Companies on Thursday announced the winners of the Nasscom Global Leadership Awards 2007.
The tax authorities challenged a Gujarat high court judgement that had dismissed their appeal holding that Karnik could not be held guilty of even deemed concealment. A Bench headed by Justice D K Jain, while posting the matter for final hearing, rejected Karnik's counsel P K Manohar's plea to allow him to file a counter affidavit.
Kiran Karnik, president of National Association of Software and Service Companies, apex body of India's software industry, was recently named the 'Dataquest IT Person of the Year 2005'. \n\n
Som Mittal talks about the industry challenges, the next big disruption for the IT industry.
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.
IDG Ventures India on Thursday announced that Kiran Karnik, former president of National Association of Software and Service Companies (Nasscom) and a recipient of the Padma Shri has joined the company, on their global advisory board. IDG Ventures India's advisory board includes icons like N Balasubramanian, K B Chandrashekar, Arjun Malhotra, Sridhar Mitta, Jagdish Sheth and V Sumantran. Kiran Karnik was president of Nasscom till January 2008.
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.
The National Association of Software and Services Companies, the apex body of the IT-BPO industry in India, on Wednesday expressed shock at the disclosures made by Satyam Computer Services chairman B Ramalinga Raju.
A domestic policy group would focus on issues related to service taxes, Data Protection Act and Indian Copyright Act. The international group would address global policy issues like WTO, besides visa and work permit matters.
The industry has registered a 29-fold increase in patents over 2005-2008.
'Foreign clients are beginning to question the reliability of outsourcing and are considering insourcing'
'Indians are merely going for software programming: it is like a car mechanic repairing cars, which is a tremendous ability. But though we can repair cars we cannot design them!' says Nasscom president Kiran Karnik.
The Indian IT industry is pushing the Nasscom and other agencies to lobby hard with Germany for reviewing its decision to stop issuing green cards to software professionals.
The National Association of Software and Service companies has appointed S Ramadorai, chief executive officer, Tata Consultancy Services as the chairman of Nasscom for the year 2005-06.
The National Association of Software and Service Companies has embarked upon a new initiative to check cyber crimes, for which the apex body of software professionals would team up with police force of major IT cities in the country.
As per the detailed project report, submitted to the Union HRD Ministry by National Association of Software and Service Companies, each new IIITs will come up in partnership with a group of private companies. Each IIIT will have a capital base in which the government's contribution will be less than that of the partnering companies.
'How is this rush to decay to be halted before Indian universities become the laughing stock of the world, the (few) good ones unfairly tarred by the misdeeds of the worst of the lot?'
N R Narayana Murthy, chairman and chief mentor of Infosys Technologies, is considered to have set new benchmarks in corporate governance through the firm he founded. Last fortnight, he was chosen to head Nasscom's sub-committee on corporate governance.
For the financial year 2013, the industry will hire around 200,000 of which 100,000 students have already received offer letters. The industry would end FY12 by hiring 230,000.
Nasscom chairman Ganesh Natarajan on Bill Gates' legacy.
The National Association of Software and Services companies on Wednesday launched the world's first-ever centralised database of IT professionals to further strengthen the security in Indian industry.
US Commerce Secretary Gary Locke's robust meetings in Mumbai, includes a bilateral with the Governor of the RBIndia Dr D Subbarao and senior officials at the Department of Atomic Energy and the Nuclear Power Corporation of India, in addition to speeches to the Federation of the Indian Chambers of Commerce and Industry and the National Association of Software and Service Companies, will also be punctuated with an interaction with the dabbawallahs or tiffin caterers.
The Indian manufacturing sector has the potential to emerge as the global hub, especially on account of its skilled manpower, advanced technology and software expertise.
Ganesh Natarajan, deputy chairman and managing director, Zensar Technologies Limited has been appointed vice chairman, Nasscom for the current year.
National Association of Software and Service Companies said on Thursday that the Indian government should aggressively negotiate on services at the World Trade Organisation.
National Association of Software & Services Companies President Kiran Karnik has said that information technology and business process outsourcing industry in India is beginning to see an 'opportunity loss' on account of the rupee appreciation against the dollar.
President Obama is scheduled to arrive in India on November 6.
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