Ites

Recovery trends in IT spending are discernible and there’s a buzz that the Centre is weighing a fresh policy push

Office commute platform MoveInSync raises $15 million funding from Bessemer Venture

The fundraise for the startup founded in 2009 comes nearly six years after it raised $8 million in Series B funding round led by Nexus Venture Partners.

Govt out to tighten reins on royalty payments by OTT, IT and ITES: Sources

If some rights are being transferred by an entity, it constitutes royalty, according to Indian legislation. If an entity here has rights and is again distributing them, it will be considered royalty.

Indian companies look at crisis-hit Sri Lanka, Ukraine to hire tech talent at massive discount

The price they are coming for is at a 50-65 percent discount when compared with the flared up current market price. Companies have started experimenting with the talent from these locations to deal with the tech talent war in India.

Amid startup layoffs, larger job market remains buoyant across sectors

While thousands of startup employees have lost jobs, the number is small if one looks at the larger employment market canvas, experts said. While IT and ITes sector will continue its run, e-commerce and logistics as well as export oriented sectors including textiles, leather goods are doing well. Consumer goods sector will increasingly hire more as well as the retail and hospitality sectors.

IT exports in Telangana for FY22 increases by 26.14% to Rs 183,569 crore

Telangana has also increased employment in the IT and ITeS sectors by 23.78 percent in FY22

Telangana IT/ITES exports grow 17% at Rs 1.09 lakh Cr in FY19

"The then IT Minister K T Rama Rao had set an ambitious target before the department that we have to double our IT exports in the next five years. I am delighted that we have been able to make that challenge a reality," Telangana Principal Secretary IT and Industries Jayesh Ranjan told PTI.

Opinion | India consolidates its position in outsourcing business

In order to ensure that US immigration rules do not blunt the growth of this industry, it has already begun seeking new markets in Continental Europe, Japan, China and Africa.

India Skills Report: Hiring sentiment to improve in 2019

The positive outlook in hiring was attributed to stronger employment opportunities in software and hardware, automotive and travel and hospitality sectors.

Former Essar-owned Aegis BPO completes merger with StarTek Inc

Aegis had earlier said that the transaction would give Aegis renewed access to the United States and Philippines markets.

Revenue of Indian IT firms grow, but fresh hirings dwindle

A slowdown in hiring in the face of topline expansion is indicative of a change in the trajectory of IT companies, as they chase greater margins with a slimmer workforce.

What is constant currency and why is it important this earnings season?

Constant currency refers to a fixed exchange rate that eliminates fluctuations when calculating financial performance figures

Telangana IT exports grow 14% to Rs 85,470 crore in FY17

Software and services exports from Telangana were up by nearly 14 percent to Rs 85,470 crore in FY17 from Rs 75,070 crore in FY 16, Minister for IT and Industries K T Rama Rao today said.

Indian, Chinese IT firms brainstorm for collaboration in China

About 50 leading Chinese IT firms today brainstormed with top Indian software companies at a symposium on how China can make use of India's IT prowess in its big push to transform the world's second largest economy heavily dependent on manufacturing sector to services.

Tips to invest in office property

The residential market continues to witness a slowdown but commercial real estate has turned around, thanks to the improvement in business sentiment since last year. Traditional sectors like IT-ITeS, banking and financial services, continue &#82

Govt defers Wipro's proposal to set up IT SEZ in Kolkata

The government has deferred software services firm Wipro's proposal for setting up an IT special economic zone (SEZ) in Kolkata.

Hiring activity sees 14% growth in April: Naukri.com

Hiring activity registered a 14 percent growth in April, led by sectors such as IT-software, ITES, insurance and pharma, says a report by Naukri.com.

Budget 2016: Progressive, rational and committed, says EY

The article captures the impact of Union Budget 2016 on IT and ITES sector.

Nasscom expects clarity on transfer pricing from Budget 2016

"With this Budget, we expect announcements which may foster a better business environment and increase the ease of doing business in India. IT industry in the country has been facing several challenges due to lack of clarity in transfer pricing norms.

Dhir & Dhir Associates Forays into Hyderabad

Dhir & Dhir Associates, India’s leading full service law firm with expertise and experience of more than two decades across sectors and ...

Hiring up 18% in Sep, outlook bullish, says Naukri

In terms of functional area, the demand for marketing and advertising in particular continued to show double-digit year-on-year growth in demand to the tunes of 27 percent in the September 2015 Index.

Govt clears Rs 493 crore outlay to promote BPOs

About 48,300 seats have been planned with distribution across states and union territories based on population percentage as per Census 2011, Minister of Communications and IT Ravi Shankar Prasad said in a written reply to Lok Sabha.

Saw spike in inbound deals in H12015 Grant Thornton

Inbound deals have grown 54 percent and contributed almost half of the Merger and Acquisition (M&A) values this first half, said Prashant Mehra, partner at Grant Thornton India.

Modi's China trip: Trade gap, mkt access on the table

During the Prime Minister's visit, India would also discuss ways to increase presence of domestic products, including automobiles and pharmaceuticals, in the Chinese market.

Union Budget 2015: Arun Jaitley allocates Rs 1,000 cr for tech start-ups

The IT sector's contribution towards India's GDP and employment generation has been so exponential that it comes as no surprise that finance minister Arun Jaitley took special notice of the sector. The IT and ITeS sector employs almost 10 million Indians.