| Indian cities still hot for outsourcing | 22-OCT-09 |
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| Reconfirming the fact that Indian cities are the most preferred destination for outsourcing, six Indian cities — Bangalore, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — figure among the eight top global destinations for outsourcing of services along with Manila and Ireland’s Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey. |
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| Govt orders audits of IT firms for possible STPI Act violations | 19-OCT-09 |
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| The principle suspicion is that several companies have claimed tax breaks on software exports without actual service delivery, prompting the Ministry of Corporate Affairs (MCA) under Salman Khurshid to take action to prevent Satyam-like frauds from recurring. |
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| STPI starts finishing school | 17-SEP-09 |
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| The Software Technology Parks of India (STPI) is training around 25 engineering graduates recruited by Toshiba Embedded Systems India through its finishing school. STPI, which has started the finishing school on a pilot basis at Chennai, is planning to extend to other parts of the country. |
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| STPI starts finishing school | 16-SEP-09 |
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| The Software Technology Parks of India (STPI) is training around 25 engineering graduates recruited by Toshiba Embedded Systems India through its finishing school. STPI, which has started the finishing school on a pilot basis at Chennai, is planning to extend to other parts of the country. |
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| TCS to use Chennai centre for e-passport service | 14-SEP-09 |
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| Tata Consultancy Services (TCS), the country’s largest IT services provider, will use the new data centre — which was set up by the Software Technology Parks of India (STPI) — in Chennai as a disaster recovery for its e-passport service. |
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| TCS to use Chennai centre for e-passport service | 13-SEP-09 |
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| Tata Consultancy Services (TCS), the country’s largest IT services provider, will use the new data centre which was set up by the Software Technology Parks of India (STPI) in Chennai as a disaster recovery for its e-passport service. |
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| Govt may extend STPI sops for 3 years from 2011: Raja | 12-SEP-09 |
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| Speaking on the sidelines of a CII-organised two-day event on ICT (information, communications and technology), starting today, Raja said his ministry was waiting for the Cabinet’s approval for STPI incentives. |
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| STPI tax benefits to be extended: Raja | 11-SEP-09 |
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| The Union IT and Communication Minister A Raja today indicated that the government would extend tax benefits for Software Technology Parks of India (STPI) for three more years. |
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| Sunil Jain: Tax Advantage | 23-JUL-09 |
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| Most know private sector firms are a lot more efficient than public sector ones, but a little bit of perspective is required here. According to data from the latest budget documents, public sector firms, on average, pay around a fifth more effective tax rates in comparison to their private sector counterparts. So, while public sector companies paid an effective tax rate of 25.69 per cent in 2007-08, the figure was a lower 21.28 per cent for private sector firms. The average of 22.24 per cent for all firms, of course, was much lower than the statutory 33.99 per cent. The reason for this is the tax benefits claimed, obviously more by the private sector, particularly for export profits under the Software Technology Parks of India (STPI) scheme (Rs 11,734 crore) and accelerated depreciation (Rs 14,344 crore of taxes were foregone on this account). |
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| ESC to set up two incubation centres in US for infotech SMEs | 18-JUL-09 |
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| As a part of its endeavour to promote the IT SMEs (small and medium enterprises) in the country, the Electronics and Computer Software Export Promotion Council (ESC) of the Government of India plans to set up two incubation centres for these units in USA in this fiscal. |
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| Andhra IT exports up 25% | 03-JUL-09 |
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| Andhra Pradesh registered an export turnover of Rs 32,509 crore from the IT/ITeS industry during 2008-09, a growth of 24.5 per cent over the previous year's Rs 26,122 crore. |
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| STPI-Berhampur fails to attract IT majors | 18-JUN-09 |
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| The third Software Technology Park of India (STPI), being set up in Orissa at Ambapua on the outskirts of Berhampur, has failed to attract major IT companies even though the construction work on the STPI centre is nearing completion. |
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