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.
Mumbai-based software company Paradyne Infotech Ltd is planning to enter the capital market by mid-March with an initial public offering of 3.3 million shares of Rs 10 each at premium of Rs 32.
India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.
The company's total income jumped from Rs 1,845 crore (Rs 18.45 billion) in Q3-05 to Rs 2,532 crore (Rs 25.32 billion) for the quarter ended December 31, 2005, showing a rise of 35 per cent.
Appointing Neemuchwala is seen as a big shift for Wipro.
Wipro is planning to recruit 9,000 infotech professionals this year to meet manpower needs of its computer software services and business process outsourcing activities.\n\n\n\n
The statement said that towards ensuring financial stability for the family, Infosys takes into account the statutory payments to be made as per the company policy.
After his retirement from Infosys last year, Gopalakrishnan has been active in philanthropy, science and technology
Among the gainers, microfinance player Ujjivan Financial Services which made its stock market debut in May has seen the biggest rally in its share price.
Italian defence and aerospace major Finmeccanica's former chief Giuseppe Orsi has been sentenced by the Milan appeals court to 4.5 years in jail for false accounting and corruption in the sale of 12 VVIP choppers to India for over Rs 3,600 crore.
The Indian government has spent over $1 billion on infotech last year, accounting for 9 per cent of the country's total IT spend, according to the estimates of research and advisory firm Gartner.
The tech giant's 'Recommendation Engine' leverages AI, machine learning and analytics to suggest training programmmes best suited for individual staff
L&T Infotech Ltd, the wholly owned subsidiary of Larson and Toubro, will hire 1,800 people over the next 18 months to reach a total strength of 5,000 professionals.
US-based IT solution provider Ness Technologies on Tuesday announced a merger agreement with Pittsburgh-based software services firm Apar Infotech, which has development centres in Mumbai and Bangalore, in a stock swap valued at $78 million.
The 28 infotech companies that have declared results till now for the quarter ended June 2004 have posted a three-year high net profit growth of 48 per cent.
The Securities and Exchange Board of India will seek data on battering of stocks, including infotech scrips, last week as part of its regular monitoring work.
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With the objective of making India a manufacturing hub for domestic and foreign companies, Prime Minister Narendra Modi on Thursday launched the 'Make in India' initiative.