IT and ITeS sectors' contribution to India's GDP has increased by 4 times in the last 10 years, revealed a study.
Acknowledging him as the person trying to direct the path of the offshoring movement, US magazine Forbes has described, Nasscom president Kiran Karnik, as the 'Face of the Year'.
Welcoming Nasscom's plan to hold a common all India pre-qualifying test for job aspirants in the booming business process outsourcing industry, industry officials on Tuesday said the test would add credibility to the workers' skills, besides reducing
The National Association of Software and Service Companies on Tuesday favoured the setting up of a state-of-the-art animation studio by a government agency to give fillip to the domestic animation and gaming industry, which is growing 20 per cent ann
National Association of Software and Service Companies on Monday condemned the arrest of e-commerce portal Baazee.com's CEO Avnish Bajaj in the Delhi Public School MMS scandal.
The National Association of Software and Service Companies is planning to set up a consultative panel comprising immigration experts from abroad to advise its small and medium enterprises (SMEs) members on visa issues.
After staging a strong recovery from COVID-induced slowdown in 2021, India's exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country's exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 per cent expansion in the global merchandise trade volume in 2022. Exporters believe that the outbound shipments would cross $400 billion mark in this fiscal going by the current momentum and may reach $475 billion in 2022-23.
The National Association of Software and Services companies has adopted a multi-pronged strategy to overcome the backlash following New Jersey State's ban on business process outsourcing from India.
Foreign venture capital worth $1.5-$2 billion and another Rs 10,000 crore (Rs 100 billion) from Sidbi's SSI Fund are expected to bolster small companies in the country this year, according to industry experts.
India's business process outsourcing industry will soon be edged out by the emerging knowledge processing or KPO sector as the biggest revenue grosser, according to an industry expert.
A group of six US lawmakers had recently introduced 'The US Call Center and Consumer Protection Act of 2013' in the Congress that requires overseas call centre employees to disclose their location to US consumers.
Venture capital funds and private equity investors disbursed an estimated $1.3 billion in India in 2004, a growth of 49 per cent over the previous year
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
Indian animation industry has a potential to touch earn a revenue of over $1.5 billion by 2005 compared to the current $1 billion
Forty per cent businesses have realised productivity benefits through the usage of information technology while more Indian companies are steadily increasing the use of IT for Return on Investment.
India faces shortage of people for high-end industrial work that is based on research and development, Kiran Karnik, president of National Association of Software and Service Companies said on Monday.
National Association of Software and Services Companies has signed a pact with Nasdaq, electronic stock exchange in US, to assist Indian companies to raise capital and get listed in American capital markets.
National Association of Software and Service Companies said on Friday that the new visa regulations adopted by the US would increase time and cost of Indian IT companies in getting visas for their professionals.
Nasscom estimates say that 2.4 million jobs would to be created for IT personnel by the end of the Tenth Five-Year Plan.
National Association of Software and Service Companies, which has been advocating for data security laws for long, made an about turn on Thursday and said that the industry does not need more laws.
In contrast to the growth on IT and ITeS front, disbursements of venture capital and public equity funding halved to $540 million during 2003 in India
