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The revenue from software exports by the IT and IT enabled services companies of the Kerala government-owned Technopark has reached Rs 13,255 crore for the Financial Year (FY) 2023-24, marking a 14 per cent growth compared to last year, the IT hub authorities said on Saturday. The software export revenue of Technopark for the FY 2022-23 was Rs 11,630 crore. "The revenue from software exports by the IT/ITEs companies of Technopark has clocked Rs 13,255 crore for the Financial Year (FY) 2023-24, marking a 14 per cent growth compared to last year," Technopark said in a release. The premier IT hub of the country, which covers a total area of 768.63 acres with 12.72 million sqft built up space, houses as many as 490 companies, providing 75,000 direct jobs and two lakh plus indirect jobs. Col Sanjeev Nair (Retd), CEO, Technopark, said the stellar performance tells a growth story of the vibrant IT ecosystem in Kerala and the business vision and professionalism of the in-house companies.
Ramco Systems was well-positioned to capitalise on the opportunity as demand for transformation continues to grow and focus remains strong to deliver innovative solutions that drive efficiency and productivity, a top official has said. The focus of the city-based enterprise software product provider, remains strong to deliver innovative solutions that drive efficiency, productivity and competitive advantage for the clients, Chairman P R Venketrama Raja said. "Businesses worldwide are significantly increasing their technology investments. Organisations are prioritising digital transformation initiatives, recognising that their competitive edge and value creation depend on effectively leveraging technology across processes, products, services and customer experiences," Raja said. Ramco Systems was witnessing the beginning of a turnaround with several positive developments across operations. "We have been working tirelessly to strengthen our core operations to seize new growth ...
The Air India Express Employees Union (AIXEU) has termed the alleged issuance of charge-sheet by the airline's management to around 200-odd cabin crew members for reporting sick during last month's strike as unfortunate and unfair labour practice. In a letter to Air India Express chief Alok Singh on Sunday, the Union also warned the Tata Group-run airline's management that such actions could be detrimental to the interests of the company and its passengers. According to Union sources, the charge-sheet was issued to around 200 cabin crew members on June 5, with a deadline of 72 hours to file a response. Around 200 cabin crew members of Air India Express went on strike on May 7, to protest against the alleged mismanagement in the airline, resulting in cancellation of hundreds of flights. Consequently, the airline management terminated the services of 25 cabin crew members and warned the others to join work or else face the same action. Three days later, the strike was called off aft