Page 27 - Information Technology
I-T department approaches 5,627 entities to avail Vivad se Vishwas scheme
Of this, a total 1,730 assessees, involving a tax demand of Rs 1, 578 crore, have agreed to come under the scheme
 "I-T department approaches 5,627 entities to avail Vivad se Vishwas scheme")
Canada keen to partner with Bhubaneswar on Smart Cities, IT and education
A first-of-its-kind day-long roadshow 'Brand Canada' by Indo-Canadian Business Chamber and Air Canada reached out to the business and trade community here, showcasing areas of partnership
 "Canada keen to partner with Bhubaneswar on Smart Cities, IT and education")
MP provides legal backing to time-bound clearance to industrial licences
The new law will be applicable to greenfield industrial projects under Information Technology, Tourism, MSME and Industries categories
 "MP provides legal backing to time-bound clearance to industrial licences")
India's IT giants see product-led growth strategy as next big opportunity
Once seen as pure-play services players, Indian IT firms are slowly building up their own product and platforms in order to better serve their clients
 "India's IT giants see product-led growth strategy as next big opportunity")
HCL Tech to hike workforce in Lucknow by 50% to 6,000 by March 2021
Firm currently serves 103 global clients from Lucknow centre, of which nearly 70% are US-based
 "HCL Tech to hike workforce in Lucknow by 50% to 6,000 by March 2021")
Budget 2020: IT sector for wider use of artificial intelligence in economy
AI is expected to have a huge impact not only in commerce, but also in health, national security, cybersecurity, food security, education and global warming
 "Budget 2020: IT sector for wider use of artificial intelligence in economy")
Igate co-founder Ashok Trivedi bullish on biosciences opportunity for India
"What is happening right now is that emerging biotech companies are getting showered with risk capital," Trivedi said
 "Igate co-founder Ashok Trivedi bullish on biosciences opportunity for India")
IT firms working vigorously, investing heavily to scale up product business
TCS, Infosys and HCL Technologies lead the race with huge investments to fuel next phase of growth
 "IT firms working vigorously, investing heavily to scale up product business")
How Indian IT can drive global innovation
India is steadily working to become a pool of market-ready talent for the world at large, not just for domestic needs. Its ample intellectual and human capital will help it get there
 "How Indian IT can drive global innovation")
Global IT spending projected to reach $3.9 trillion in 2020: Gartner
Global IT spending is expected to cross into four trillion dollar territory next year, the research firm said
 "Global IT spending projected to reach $3.9 trillion in 2020: Gartner")
Sebi asks InvITs to file draft papers 30 days before opening of issue
The draft placement memorandum shall be filed through a Sebi registered merchant banker, the markets watchdog said in a circular
 "Sebi asks InvITs to file draft papers 30 days before opening of issue")
$80-bn IT sector contracts up for rebid in 2020; TCS, HCL may clinch deals
Large Indian information technology firms may steal a march over global peers to clinch deals
 "$80-bn IT sector contracts up for rebid in 2020; TCS, HCL may clinch deals")
Gadkari praises FASTag for surge in revenue; bats for IT, e-governance
He said positive and development orientated approach, transparency, corruption-free system, fast track decision making process and social and national commitment will lead to good governance.
 "Gadkari praises FASTag for surge in revenue; bats for IT, e-governance")
Mindtree launches Immersive Aurora, set to develop new tech experience
The company is collaborating with global software company PTC to "unleash new possibilities and transform interactions" throughout the customer experience and Industry 4.0 touch points
FITE to look at legal options if talks with IT companies fail
The conciliation process is expected to be completed in two weeks, with a couple of hearings scheduled. If the talks fail, the Forum will move legally, said Vinod AJ, general secretary of FITE
 "FITE to look at legal options if talks with IT companies fail")
Govt finalising IT rules for social media to trace original source of info
Messaging giant WhatsApp has, in the past, drawn flak from the government on the issue of message traceability
 "Govt finalising IT rules for social media to trace original source of info")
121 Indians hit; we may never know Pegasus breach extent: WhatsApp to govt
121 users in India targeted, full extent of Pegasus spyware attack may never be known: WhatsApp told Govt
Sebi to spend Rs 500 crore on IT projects in next five years: Ajay Tyagi
On challenges, Tyagi said there are broader challenges, including compliance requirements
 "Sebi to spend Rs 500 crore on IT projects in next five years: Ajay Tyagi")
Mid-sized IT firms disappoint in Sep quarter; L&T Infotech an exception
Barring hi-tech, media and BFS, all other segments demonstrated strong growth for it
 "Mid-sized IT firms disappoint in Sep quarter; L&T Infotech an exception")
Infosys tops Rs 10,000-crore exports, becomes IT Ratna of Karnataka
IT Pride awardees included Oracle, Goldman Sachs, SAP Labs, and Intel, among others