"The industry is looking at a rate of 12-16 per cent. So, it entirely depends on how it gets. But the bigger concern is how the GST is applied," said R Chandrashekhar, president of Nasscom.
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.
The counting of votes of the 16th general elections are scheduled for May 16, following which the new Indian government will be formed.
For the first time in three years, India will register lower growth rate, but some economists believe all is not lost.
The race to nail the elusive sun has begun! In what was relatively a virgin market, Indian software companies are now making a beeline to enter the $200 billion Japanese software market.
ndia's IT and BPO exports are expected to grow by 33.47 per cent to $31.9 billion in 2006-07 from $23.9 billion
National Association of Software & Services Companies president Som Mittal said that growth has come back to India's IT and ITeS industry and 'the growth is going to be very different from the growth that we had in the past'.
The industry employs about 10 million workforce.
The National Association of Software and Services Companies and the Business Software Alliance have joined hands to check software piracy, which resulted in the loss of $367 million in 2004, in India.\n\n
National Association of Software and Service Companies chairman Kiran Karnik has said the Maharashtra government was not promoting information technology in a big way.\n\n\n\n
Microsoft, the world's largest software company, is keen to partner India in a project to issue unique identification to each citizen, its chairman Bill Gates said on Friday.
A Nasscom letter to US senators calls for attention to the fact that there is a considerable body of evidence pointing to the contributions made by H-1B visa holders to innovation and entrepreneurship in the US.
India's information technology industry is estimated to cross Rs 1 lakh crore in 2004-05 and employ over 10 lakh knowledge professionals, according to Nasscom.
Indian IT industry could touch a total revenue of $15.5 billion in 2004 against $12 billion last year, according to National Association for Software and Service Companies.
The domestic animation and gaming industry has said that it may face a serious crisis if not given fiscal incentives in the coming Budget.
The IT sector's highest industry body also named the nation's top BPO companies and the top IT services firms in India.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
HCL BPO, ICICI OneSource and IBM Daksh are the next three.
HCL BPO, ICICI OneSource and IBM Daksh are the next three.
HCL BPO, ICICI OneSource and IBM Daksh are the next three.
As part of the engagement, HCL Technologies would provide application development and infrastructure support across the application stack of Oracle, open technologies, main frame, infrastructure support for network, security, storage, end user computing and data centres, HCL said in a statement.
Over $100 bn in revenue but sector battles evolutionary challenges.
US President Barack Obama should care about creating jobs in both Bengaluru and Buffalo and not only the latter, former Nasscom chairman told an American federal body.
With Indo-Pak relations entering a new phase, the first ever information technology delegation from Pakistan will participate in the National Association of Software and Service Companies' annual summit, starting next month.
Indian software firms are being courted by American and European companies for research and developing solutions for fourth generation telecom products designed for deployment across the world, Kiran Karnik
According to the 2008-09 report of the IT-BPO industry body, the Indian animation industry was worth $494 million in 2008.
Recognising the growing prominence of Chennai in the Indian software industry, the National Association of Software and Service Companies will open an office in the city before this year-end
The Supreme Court on Thursday allowed the prosecution of Som Mittal, chief of National Association of Software and Service Companies in the Pratibha Murthy murder case.
For two consecutive quarters, Tata Consultancy Services has recorded volume growth of five per cent, leaving its peers behind.
Information Technology's trade body National Association of Software and Service Companies will revise its industry growth forecast in the first week of December. Though the industry would be able to meet the $60-billion target for 2010, the body may revise software exports growth forecast downwards by few percentage points for 2008-09 due to the US financial turmoil.
The National Association of Software and Service Companies on Monday said the Indian software and services sector will post a 28 per cent growth in 2003-04 at $12 billion in revenues, compared to $9.5 billion in 2002-03.
Officially called the Border Security, Economic Opportunity and Immigration Modernisation Act, 2013, the Bill being pushed by the Obama administration gives the domestic IT professionals in the US a 60-day period to find a new job after they lose the existing one, among several other sweeping reforms.
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.
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