Right from day one, the delegates were faced with external odds over which they had little or no control. For instance, would the Software Technology Parks of India scheme be extended beyond 2009? They could only take home the assurance that Minister for Communications and IT Thiru A Raja was on their side.
The appreciation of the rupee, the dividend distribution tax and the hangover of the minimum alternate tax on information technology companies under the Software Technology Parks of India scheme have pulled the prices of IT stocks down.
India's smaller cities and towns would register a faster growth in software and business process outsourcing exports as information technology and BPO firms, backed by booming offshore orders, expand into secondary cities to arrest costs and talent a
B V Naidu, Director of STPI Bangalore, on Wednesday said that in the last five months 82 firms have come to Bangalore and the value of investment has touched around Rs 700 crore.
Four companies have submitted applications for starting direct-to-home services in the country, Lok Sabha was informed on Thursday.
Software companies registered with STPs in Haryana, UP, Delhi, West Bengal and Orissa have also posted strong growth.
The controversy in the United States over outsourcing work in India has led to more business for the country from America and elsewhere as it has highlighted its low cost and expertise, media reports said.
Offshore projects accounted for over 70 per cent of the total software exports of Tamil Nadu during 2003-04, according to Software Technology Parks of India, Chennai.
Karnataka, India's largest software exporting state, is targeting software and services export worth $6 billion in 2004-05 riding on the IT and ITeS growth besides aiming to add an additional 100,000 professionals in the next two years.
Thirty foreign information technology and business process outsourcing firms have committed an investment of Rs 670 crore (Rs 6,700 million) in Bangalore during the first quarter of the current financial year.
Outperforming it's own projections, Karnataka has reported a 52 per cent jump in software exports at Rs 27,600 crore (Rs 276 billion) during 2004-2005 and set a target of Rs 35,000 crore (Rs 350 billion) for the current fiscal.
Google Inc, the world's largest search engine, is all set to open a high-end research and development centre in Bangalore.\n\n\n\n
Two more companies are out of the race for acquiring international long distance licence as government is understood to have cancelled the letters of intent issued to Aircel and Noida Software Technology Park.
In a bid to provide reliable data connectivity to the software export companies in the East and North-Eastern India, the Software Technology Park of India will set up two more such parks in West Bengal and one in Manipur.
According to Nasscom, India must make its R&D significantly more robust to realise the 'Make in India' dream
The two agreements were signed during Palestinian President Mahmoud Abbas's state visit to India in May.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
Biharis can confidently decide whether they want to follow Badlav Se Bhadiya Bharosa (Trust is Better than Change) or Badaliye Sarkar, Badaliye Bihar (Change the Government, Change Bihar), asserts Asmita Bihari.
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
'Every educational institution should have incubating centres so that students will get exposed to entrepreneurship early.'
India's IT services sector witnessed 4.2 per cent growth in 2012-13.
BPO is going to generate employment in all small cities.
New government should consider reforming taxation rules.
Practising Indira Gandhi's brand of socialism today will not just be anachronistic but also economically harmful.
The Bengaluru-headquartered company said the 'draft assessment order' from tax authorities for 2008-09 fiscal has arised primarily due to denial of deduction under section 10A of the Income Tax Act, 1961, in respect of profit earned by its undertaking in the Software Technology Park at Bengaluru.
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
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