Page 13 - Nasscom

Data & AI have potential to add $500 billion to economy by 2025: Nasscom

This segment could account for 10 per cent of the country's GDP by 2025, according to the industry body

Data, AI can add $500 bn to India's GDP, need to be leveraged: Nasscom

Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture, and banking and insurance, the report said

Niti Aayog partners Nasscom to launch AI-based module for school students

This module is the next step in bringing artificial intelligence (AI) to Indian classrooms and is a successor to the AI base module launched in February this year, an official statement said

Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'

"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said

Nasscom 'cautiously optimistic' on exemptions in US non-immigrant visa ban

Nasscom said it has consistently raised the importance of visa holders working in the tech sector, particularly those who would be delivering services designated essential

Shelf-life of skills now only 2-3 years, says NASSCOM Chairman

Machines and algorithms in the workplace are expected to create 133 million new roles, a joint statement quoted him as saying

Nasscom slams US move to stop federal agencies from hiring foreign workers

The order directs the heads of each federal department and agency to review the use of offshore services as well as temporary foreign labour

Indian SaaS industry revenue can grow 6-fold to $13-15 bn by 2025: Report

India's software as a service (SaaS) revenue has reached $3.5 billion as of financial year 2020 with compounded annual growth rate of 30 per cent and 75 per cent of it came from global sales.

'Consider benefits of H1-B': Shringla on US reviewing non-immigration visa

In engagements with the US, India has emphasized that this has been a mutually-beneficial partnership that should be nurtured, he said

Galwan Valley clash: Indian IT services companies in wait-and-watch mode

Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, including locals as well as expatriates.

Data protection Bill panel seeks FB, Microsoft, Assocham, Nasscom views

The JPC had sought suggestions on the Bill from people and organisations on the proposed legislation in January

IT companies jittery over Donald Trump's plan to suspend H-1B visa

The Indian information technology industry, which has long been a beneficiary of the H-1B visa regime, is likely to be directly impacted if such a suspension is announced for a longer term.

Covid-19 to accelerate adoption of automation technologies, says Nasscom

The report cited sewing machine operators, graders and sorters of agricultural products as examples of completely automatable occupations

Exports likely to improve in May, contraction expected to be 30-35%: Goyal

Addressing the Digital Summit on Exports organised by the Confederation of Indian Industry (CII), Goyal said he expects the fall in exports to narrow to 8-10 per cent in June.

Nasscom for policy tweak to enable longer work-from-home scenario

Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.

Job cuts in IT sector likely if biz climate doesn't improve soon: Nasscom

Many of the industry's clients closed their set-ups globally as part of containment measures to check coronavirus. Travel and hospitality, aviation, retail, auto and manufacturing hit the hardest

IT firms unlikely to resume operations instantly, to see staggered opening

Most companies are going to continue to let employees work from home

Prolonged lockdown may lead to job cuts in IT industry: Ex Nasscom chief

Chandrasekhar said the work-from-home systems being adopted by several firms across the globe may have a negative impact on the industry in the short-term

Nasscom urges Centre to reimburse 'paid leave' to employees during lockdown

Nasscom requested the FM to allow expenses incurred by companies in enabling Work from Home (WFH) for its employees as an eligible business expense

IT industry is resilient and will emerge stronger, says U B Pravin Rao

The immediate priority is navigating through the Covid-19 situation and ensuring business continuity"