Explore Business Standard
Nasscom
In a matter of days, Army Secretary Dan Driscoll vaulted from being the leader of a military bureaucracy where he's been cutting red tape to quickly buy inexpensive drones to a key negotiator in the Trump administration's push to end the Russia-Ukraine war. The boyish Iraq War veteran, former venture capitalist and friend of Vice President JD Vance went from presenting President Donald Trump's plan to Ukrainian President Volodymyr Zelenskyy in Kyiv to sitting down with Russian officials in the United Arab Emirates on Monday and Tuesday, heading up the latest phase of talks on a possible deal to halt the fighting. Trump appears to believe Driscoll's efforts are going well, posting on social media that my team has made tremendous progress. In the hopes of finalizing this Peace Plan," Trump wrote Tuesday, I have directed my Special Envoy Steve Witkoff to meet with President Putin in Moscow and, at the same time, Secretary of the Army Dan Driscoll will be meeting with the ...
US President Donald Trump's decision to raise H1-B visa fee to USD 1,00,000 annually poses significant cost challenges to Indian IT companies and will be disruptive in near term, said Former Chairman of Nasscom BVR Mohan Reddy on Saturday. He also said the move could also push Indian IT firms to accelerate local hiring in the US, strengthen global delivery from India, and move up the value chainturning a challenge into an opportunity for more resilient models. The sudden USD 100,000 H-1B visa fee poses significant cost challenges for Indian IT companies, and the one-day implementation timeline creates considerable uncertainty for ongoing projects. While this is disruptive in the near term, it also compels us to accelerate local hiring, strengthen global delivery from India, and move up the value chainturning a challenge into an opportunity for more resilient models Reddy told PTI. In a development that could adversely affect Indian professionals in the US, President Trump on Friday
With country's largest IT services firm TCS laying off over 12,000 employees, industry body Nasscom on Monday said some "transitions" and "workforce rationalisation" are expected in near term as organisations shift toward product-aligned delivery models in response to increasing client demands for agility, innovation, and speed. Tata Consultancy Services (TCS) has said it will lay off more than 12,000 employees, or 2 per cent of its global workforce, this year, as part of a broader strategy to become a "future-ready organisation". The impact will be felt most in the middle and senior grades. Without directly mentioning TCS, Nasscom, in a statement titled "workforce realignment and industry transformation", highlighted that the tech industry is currently at an inflection point, with AI and automation becoming central to business operations. "Over the next several months, we anticipate some transitions as organisations pivot toward product-aligned delivery models, driven by rising ...
Industry body Nasscom has launched a special forum to deepen IndiaUS technology collaboration and provide a platform to reinforce the bilateral tech corridor as a foundation for global digital transformation and inclusive economic growth. The Nasscom US CEO Forum was launched at the Consulate General of India in New York last week. Cognizant CEO Ravi Kumar has been named Chair of the Forum, while Amit Chadha, CEO and Managing Director of L&T Technology Services, will serve as Co-Chair. Conceived as a premier leadership platform, the Nasscom US CEO Forum aims to advance the technology and innovation partnership between India and the United States, one of the world's most forward-looking bilateral relationships, the industry body said in a statement. The forum will bring together leading Indian tech CEOs and key US stakeholders to drive strategic dialogue across innovation, enterprise, policy, and talent development. A major milestone for the IndiaUS tech corridor! the Indian ...
Industry body Nasscom on Friday said it is launching the US CEO Forum in New York that would bring together leading Indian technology CEOs and influential US stakeholders to drive strategic dialogue across innovation, enterprise, policy, and talent development. In an era defined by digital disruption, frontier technologies, and global rebalancing, tech collaboration has emerged as a central pillar of bilateral engagement, spanning artificial intelligence, cybersecurity, quantum computing, digital public infrastructure, green energy, and resilient supply chains, the apex association for the IT industry said. The United States and India share one of the world's most strategic and future-facing technology partnerships, it further emphasised. "To further deepen this collaboration, Nasscom is launching the US CEO Forum at the Consulate General of India in New York on July 9, 2025. The Forum will bring together leading Indian technology CEOs and influential US stakeholders to drive ...