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IT engg services to touch $50 bn by 2020: Nasscom17-NOV-09
India has emerged as a dominant player globally in providing IT engineering services, with the sector set to touch $50 billion by 2020, a Nasscom-Booz study said.
India Eco Summit: 'IT will post double-digit growth next yr'10-NOV-09
IT industry body Nasscom today said the sector will regain double-digit growth from April next year leaving behind the prolonged recession.
Nasscom promoted Innovation Fund gets first closing corpus05-NOV-09
Nasscom today said that the India Innovation Fund (IIF) promoted by it and ICICI Knowledge park (IKP) has achieved its first closing corpus of Rs 40 crore.
'India on cusp of economic transformation'04-NOV-09
As the world economy recovers from the meltdown and collapse of some of the global financial giants, India sits on the cusp of an economic transformation and development.“Today is the unprecedented time to be in India as it offers a mine of opportunities in the services sector, especially Information Technology and telecom,” NASSCOM chairman and Genpact president and CEO Pramod Bhasin said addressing the ‘Samvit 2009 – The Leaders’ Conclave’ at the Indian Institute of Management, Lucknow (IIML), recently.
China represents four opportunities for us: NASSCOM Chief27-OCT-09
China presents four major opportunities to the IT industry in India, including servicing the north Asian market, Som Mittal, Chairperson of NASSCOM (National Association of Software and Services Companies), said here today.
'It was only growth that eluded us'23-OCT-09
IT companies have closed many deals and acquired some companies in the past couple of months.
Placements pick up at IBS23-OCT-09
IBS Hyderabad, a constituent of ICFAI Foundation offering MBA programme, is seeing a revival in placements. The demand is particularly from the banking and financial sector, according to IBS director DS Rao.
'It was only growth that eluded us, and not business'19-OCT-09
At a time when green shoots are appearing in the global economy and spending on information technology has picked up, Infosys Technologies and Tata Consultancy Services have reinforced the trend by posting better than expected results. However, Nasscom, the industry association, will revisit its conservative 4-7 per cent growth figures for the IT industry only in December. Nasscom President SOM MITTAL tells Leslie D’Monte and Kirtika Suneja why it may be too early to leap for joy.
A tough test21-SEP-09
While growth prospects appear healthy, there is limited room for upside in the medium-term.
Nasscom roots for alternate Vedic land16-SEP-09
Industry body Nasscom today urged the West Bengal government to allot alternate land to information technology (IT) companies Wipro and Infosys, after the Vedic Village fiasco which led to scrapping of the 600-acre IT project at Rajarhat.
Nasscom to collect 30,000 computers for its aid programme15-SEP-09
The Nasscom Foundation has set a collection target of 30,000 computers in 2009-2010 for its Big Bridge programme which helps recycle old computers and distribute these to government schools and grassroot NGOs.
Two-day Nasscom meet on global economy14-SEP-09
* Infosys Technologies to inaugurate its second global education centre (GEC II) at the company’s Mysore campus. Congress president Sonia Gandhi will be the chief guest of the programme.
Double digit growth in IT exports expected next fiscal: Nasscom03-SEP-09
Signs of recovery in the US and the European economies makes IT and software industry body National Association of Software and Service Companies (NASSCOM) hopeful of seeing double-digit growth in the country's IT exports sector.
Nasscom, Philippine counterpart to sign MoU26-AUG-09
The Business Process Outsourcing (BPO) sectors of India and the Philippines are joining hands to combat protectionism from European Union nations and the US, and to increase cooperation between both nations which traditionally have been competitors as ‘low-cost’ outsourcing destinations.
Indian IT cos look inwards to counter export slide30-JUL-09
With the export revenues shrinking, Indian IT companies are looking at the domestic market now to compensate for the lost revenue.
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