Moonlighting is taking up a second job, or multiple other work assignments typically secretly apart from one’s full-time job
The share of digital engineering in the overall ER&D revenue in India is in the range of 28-30 per cent as of FY22.
Ashwath Narayan has said the government will hold virtual meetings every month to address grievances of the industry.
As of CY21, there were around 3,000 deep-tech startups in the country. Of these, more than 210 were launched in 2021 itself, Nasscom has said in a report brought out in partnership with global strategy and consulting firm Zinnov
India has also taken up with Australia the delay in processing visas for students heading to Australia for higher studies
The project is being run on a pilot basis to initially reach out to 20,000 rural women entrepreneurs across six states — Himachal Pradesh, Uttarakhand, Uttar Pradesh, Bihar, Haryana and Rajasthan, Nasscom Foundation CEO Nidhi Bhasin said at the launch of “DigiVaani Call Center”.
The industry body also aired its concern regarding pre-censorship arising out of the proposed amendments and requested Ministry of Electronics and Information Technology to make changes in the text of the rules in this regard
'The Maverick Effect' makes the case convincingly, and shows through anecdotes, how Nasscom was crucial for the growth and health of the software industry in India.
Wipro chairman Rishad Premji has a word of advice that will stand you in good stead, both personally and professionally.
Recent events present the perfect opportunity for India’s most globally competitive sector to leverage its dominant status for exponential growth
Indian technology industry’s revenues in FY22 are boosted by favourable base and rebound in client spends
“We have grown the pool of Indian executives in the firm. In the future, there will probably be more Indian senior executives overall in Capgemini,” Ezzat said. The company's total headcount stood at 324,700 at the end of December.
Wipro sees tremendous opportunity in its partnerships with companies like AWS, Microsoft, Google, Salesforce, SAP ServiceNow, in the areas of cloud-led modernization, AI, machine learning, and specific digital solutions.
The increase in fresher hiring and the focus on skilling comes at a time when attrition is on the rise in IT companies, even as the demand continues unabated
The industry crossed $200 billion revenue, by adding $30 billion in the last year, as the rapid pace of technology adoption and migration to cloud post-pandemic boosted the demand for outsourcing services
Given the rate at which startup ecosystem is growing, IT industry body NASSCOM has revised its 2025 estimates. By 2025, the Indian startup ecosystem is expected to have 37,000 tech startups, and 180-200 unicorns with a cumulative valuation of $600-700 billion. Currently, the valuation stands at $320-330 billion.
Piyush Goyal also said that huge opportunities are there for startups in tier 2 and 3 cities and areas like advertising, marketing, professional services, fitness and wellness, gaming and sports and audio-video services.
The committee has recommended widening the scope of the proposed data protection legislation to include both personal and non-personal data and sought greater accountability for social media platforms by treating them as publishers.
He also spoke about the challenges in the RBI payment guidelines, which is not helping SaaS players. He has suggested creation of whitelist of good companies that are allowed to build their businesses for ease of business.
This sentiment reflects how the companies are looking at hybrid work. Large IT services companies such as TCS, Infosys, Wipro and HCL Tech have already started their senior management to return to offices, and are encouraging others to return to offices.
Debjani Ghosh, the President of software body Nasscom spoke to Moneycontrol's Chandra R Srikanth on a range of vital topics - Is the growth in IT here to stay? - How long is the war for talent going to last? - Are companies doing enough to bring women back to work? - What are the new job roles getting created? - Is the startup and unicorn boom here to stay? Tune in for all the insights!
Demand for digitally skilled professionals is already eight times more than supply and this is likely to go up to 20 times by 2024
"The new rules will enable the industry to fully leverage technology to drive innovation in critical growth sectors. From precise interventions in farming over large areas to delivering medicines in far reaches of the country to delivering goods with zero human contact," Nasscom said.
According to Nilekani, one of the things that the governments can learn is the scale, and that the platforms must be efficient, low cost, high volume, and make small transactions possible. “Most important, it should be inclusive. It cannot only be for the elites of society, it should for everybody. Aadhaar was for 1.3 billion people, and the payments stack is for everybody,” he said.
To cater to the growing demand, there is an urgent need to upskill employees. The report estimates that with a more aggressive talent building roadmap, India can increase its cloud talent pool to between 1.7 to 1.8 million and in the process become world’s second largest cloud talent hub.