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  • Rekha M Menon appointed first woman chairperson of NASSCOM Apr 22, 2021 05:57 PM IST

    Rekha M Menon appointed first woman chairperson of NASSCOM

    Krishnan Ramanujam, President and Head of Business and Technology Services, Tata Consultancy Services will be the vice-chairperson during the period. Menon succeeds UB Pravin Rao, Chief Operating Officer, Infosys, who served as chairman of NASSCOM for the year 2020-21.

  • New ‘must haves’ in the age of COVID-19 Apr 17, 2021 08:32 AM IST

    New ‘must haves’ in the age of COVID-19

    Regulation has to keep pace with social practice. Case in point: Smartphones have become an essential item in many Indian homes where children attend online classes.

  • Trai says no major issues noticed in bulk messages, OTP generation as new norms enforced Apr 01, 2021 09:09 PM IST

    Trai says no major issues noticed in bulk messages, OTP generation as new norms enforced

    Trai had earlier asked principal entities, including large banks, to fulfil the stipulated requirements for sending out bulk commercial messages by March 31, 2021, "to avoid any disruption in the communication with customers" from April 1, 2021.

  • Indian technology services could touch $300-350 billion in revenues by 2025: Nasscom Mar 31, 2021 09:20 PM IST

    Indian technology services could touch $300-350 billion in revenues by 2025: Nasscom

    The report – whose research and analysis was conducted by McKinsey & Company Knowledge Partners – noted that technology-driven companies are leading the path to a faster recovery globally.

  • Women's Day 2021: NASSCOM, Google join hands to empower women farmers Mar 08, 2021 02:12 PM IST

    Women's Day 2021: NASSCOM, Google join hands to empower women farmers

    The program will reach one lakh women farmers from across Uttarakhand, Himachal Pradesh, Uttar Pradesh, Rajasthan, Haryana and Bihar, skilling them in digital literacy, financial literacy and entrepreneurship skills in the coming year.

  • As tech firms gear up to build on COVID-19 gains, talent-building a tough challenge Feb 22, 2021 04:56 PM IST

    As tech firms gear up to build on COVID-19 gains, talent-building a tough challenge

    Digital, cloud segments will hold the key, Indian IT sector biggest gainer from pandemic, McKinsey report says. If you look at all the projections, you are looking at an incremental spend of $1 trillion in the next 4-5 years, and we should get a 20% share, says an IT executive.

  • Reskilling a key aspect of doing sustainable business: Accenture CEO Julie Sweet Feb 19, 2021 05:44 PM IST

    Reskilling a key aspect of doing sustainable business: Accenture CEO Julie Sweet

    Accenture's commitment to sustainability includes achieving net-zero emission by 2025, 100 percent recycling of e-waste such as computers and reducing consumption of water in high-risk areas.

  • Indian IT sector can double growth over next 5 years as global enterprises spend more on tech Feb 18, 2021 07:58 PM IST

    Indian IT sector can double growth over next 5 years as global enterprises spend more on tech

    Speaking at the NASSCOM Technology and Leadership Forum 2021 on Thursday, C Vijayakumar, CEO, HCL Tech said, “If you look at all the projections, you are looking at $1 trillion of incremental spend in the next 4-5 years. I think as an industry we should get 20 percent share, which means $200 billion dollar growth over the next 45 years. It could potentially double the industry."

  • Risk taking, regulation and reskilling important for India to become an innovation hub: IBM's Arvind Krishna Feb 17, 2021 04:14 PM IST

    Risk taking, regulation and reskilling important for India to become an innovation hub: IBM's Arvind Krishna

    We are in a unique moment on the planet. Certainly there is crisis from the healthcare perspective and that led to an economic crisis. But in crisis comes opportunity, said IBM CEO Arvind Krishna while speaking at the NASSCOM Technology and Leadership Forum 2021.

  • Modi praises Indian IT industry, urges cos to 'Make for India' Feb 17, 2021 02:01 PM IST

    Modi praises Indian IT industry, urges cos to 'Make for India'

    PM Narendra Modi said that the country has high expectations from the IT industry and that its solutions will have 'made for India' now. "Innovation and enterprise will help Indian IT build a culture of excellence and institution building," he said

  • Indian tech industry to add 1.38 lakh jobs in FY20-FY21 Feb 15, 2021 09:13 PM IST

    Indian tech industry to add 1.38 lakh jobs in FY20-FY21

    The fast-paced growth that India's technology industry has been witnessing in the last few quarters is here to stay, as a majority of CEOs surveyed by industry body Nasscom expect to see significantly higher growth and hiring than 2020 as more companies adopt technology to grow their business in the post pandemic world. As part of its annual strategic report shared on February 15, Nasscom also said the size of the technology industry is estimated to grow 2.3 percent to $194 billion for the year ending March 2021, compared to $190 billion last year. Exports stood at an estimated $150 billion from $147 billion last year. The industry grew 7.7 percent in FY20. Indian tech contributed ~8% relative share to the national GDP, with 52% relative share in services exports, and 50% share in total FDI (Based on FDI inflows for the period April to September 2020). The report further said that the Indian tech industry continues to be a net hirer with significant focus on digital upskilling. The industry is expected to add over 138,000 net new hires in FY2020-21, taking the total employee base to 4.47 million in FY2020-21. Digital talent pool is expected to cross 1.17 million, growing at 32% over last year. Moneycontrol's Chandra R Srikanth caught up with Nasscom President Debjani Ghosh and Nasscom chairman UB Pravin Rao. Listen in

  • Nasscom CEO Survey 2021: Indian tech industry to add 1.38 lakh jobs in FY20-21 Feb 15, 2021 05:07 PM IST

    Nasscom CEO Survey 2021: Indian tech industry to add 1.38 lakh jobs in FY20-21

    CEOs surveyed by industry body expect growth to take place in the digital space. Companies upskill 2.5 lakh employees in the digital space every year. Deal value for cloud grew 80 percent between April and September 2020, compared to October-March 2020 at the back of COVID-19.

  • Nasscom's annual event to focus on tech for 'better normal', to be inaugurated by PM Modi Feb 12, 2021 02:35 PM IST

    Nasscom's annual event to focus on tech for 'better normal', to be inaugurated by PM Modi

    The 29th edition of NTLF (Nasscom Technology and Leadership Forum)- which will be held online for the first time in its history - is scheduled for February 17-19.

  • Nasscom, BIRAC launch contest to develop health tech solution for small towns, rural areas Dec 28, 2020 10:34 PM IST

    Nasscom, BIRAC launch contest to develop health tech solution for small towns, rural areas

    The contest aims to identify up to 25 best healthtech solutions from start-ups and small and medium enterprises (SMEs) and provide pilot test beds in collaboration with state governments at primary health centres (PHCs), community health centres (CHCs), and industry to help their validation and scale up for adoption.

  • IT firms stand to gain in 12-18 months as clients look to hike outsourcing budget: Report Dec 03, 2020 04:53 PM IST

    IT firms stand to gain in 12-18 months as clients look to hike outsourcing budget: Report

    IT stocks were the biggest gainers during the pandemic. Stock prices of the top four Indian IT services firms – TCS, Infosys, Wipro and HCL Tech -- increased over 50 percent on an average between April and September 2020.

  • NASSCOM urges Centre to de-link data centre incentives from limited criteria: Report Dec 03, 2020 03:44 PM IST

    NASSCOM urges Centre to de-link data centre incentives from limited criteria: Report

    The draft Data Centre Policy, was released for public and industry comments by MeitY in November

  • Relief for Indian techies, IT firms as US court ruling blocks H-1B rule changes Dec 02, 2020 05:18 PM IST

    Relief for Indian techies, IT firms as US court ruling blocks H-1B rule changes

    If implemented, the rule changes and wage hikes would have made it tougher for US companies to hire H1-B visa holders. Every year, the US issues 85,000 H-1B visas. Indian IT industry accounts for about a significant share.

  • Indian IT industry looks forward to working together with new US administration Nov 08, 2020 04:36 PM IST

    Indian IT industry looks forward to working together with new US administration

    The US is the biggest market for the Indian IT sector, accounting for a lion’s share of the industry’s revenue.

  • Demand for talent in emerging technologies to grow 20X by 2024: NASSCOM Sep 29, 2020 05:39 PM IST

    Demand for talent in emerging technologies to grow 20X by 2024: NASSCOM

    The future skills demand is likely to grow to 3.5-3.7 million in 2024 from 1.2-1.3 million the industry currently employs, according to report by NASSCOM

  • Industry seeks government intervention on disputes on classification of IT-BPM services as 'intermediary' Sep 08, 2020 10:14 PM IST

    Industry seeks government intervention on disputes on classification of IT-BPM services as 'intermediary'

    There is lack of clarity on if back office support offered by ITeS firms should qualify as exports making them liable for 18 percent tax under GST law.

  • Monster.com partners with NASSCOM to help 2,400 SMEs spot talent Aug 27, 2020 05:02 PM IST

    Monster.com partners with NASSCOM to help 2,400 SMEs spot talent

    Apart from offering Monster.com's large candidate database, the partnership will also help the 2400 SMEs under NASSCOM connect with job seekers from remote areas, including professionals who have been affected by the coronavirus pandemic.

  • Data and AI can add $5 trillion to India’s GDP by 2025: Nasscom Aug 18, 2020 09:36 PM IST

    Data and AI can add $5 trillion to India’s GDP by 2025: Nasscom

    Of the $5 trillion, close to $95 billon would come from consumer goods and retail and $65 billion each from agriculture and banking and insurance

  • India has potential to be magnet for digital innovation: Nasscom president Debjani Ghosh Jul 16, 2020 06:40 PM IST

    India has potential to be magnet for digital innovation: Nasscom president Debjani Ghosh

    Speaking at the Women in Technology (WiT) India Forum, Ghosh said India will have to focus on building competencies in these three areas that will be critical in the "hyper digital economy".

  • Nasscom picks 17 deep-tech startups under 4th cohort Jul 03, 2020 06:45 PM IST

    Nasscom picks 17 deep-tech startups under 4th cohort

    The programme only intends to promote the creation and evolution of world-class DeepTech companies but also helps them getting identified, recognised, and funded by Nasscom through various programmes, platforms and events, it added.

  • Over 5,000 IoT patent filed in India over last 5 years: Nasscom Jun 05, 2020 06:20 PM IST

    Over 5,000 IoT patent filed in India over last 5 years: Nasscom

    Over 80 percent of these patents filed were related to applications pertaining to Industry 4.0 with the healthcare and automobile industry leading the way, the report said, adding that 70 percent of the patents came from multinational corporations (MNCs), and 7 percent were filed by startups.

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