Page 17 - Nasscom

IT industry to clock $350 bn revenue before 2025: Nasscom

Nasscom recently has revised the IT sector's growth forecast downwards to 8-10% this year

Nasscom Foundation says most firms spend 70% CSR fund on education

The report said that companies are now going to non-headquarter locations for CSR, indicating growing equity in the distribution of projects

Nasscom cuts IT growth forecast to 8-10% in FY17

Nasscom said the sector has been impacted because of short-term factors and growth would return faster in the next few quarters

Troubled times: Nasscom revises IT growth forecast downwards to 8-10%

Nasscom, the country's software lobby has revised its growth forecast downwards to 8-10 per cent this year after its biggest members such as Tata Consultancy Services, Wipro, Cognizant and Infosys struggle to grow faster due to an uncertain environment.In April, Nasscom projected the $108-billion, export-focused software and back offices industry to grow 10-12 per cent this year. Indian firms are witnessing growth from clients in newer areas such as adoption of automation, cloud and digital technologies, but this has not been able to offset the drastic dip in volume in traditional information technology (IT) services. Both Infosys and Cognizant have cut their annual revenue forecast, for these reasons, while Wipro has forecast flat growth.Nasscom says the industry has been impacted due to short term factors and growth would return over the next few months.India's IT industry would also face challenges if US President elect Donald Trump implements his anti-immigration plan, pushing ...

Notes withdrawal a big leap towards e-payments: Nasscom

Nasscom noted that electronic payment has relatively little penetration in India, where cash accounts for 78 per cent of all transactions by value according to the Reserve Bank of India

Nasscom set to cut growth forecast

This is after its biggest members struggles to grow faster in a more uncertain global environment

Nasscom plans 'start-up warehouse' in Odisha

Odisha govt plans to create enabling a supporting eco-system to set up 1,000 start-ups in next 5 years in the state

Indian BPM growing 8-9% yearly: Nasscom

Over the next five to seven years, global BPM spending is expected to grow six to seven per cent annually and reach $233 bn by 2020, the apex body said

US must commit not to discriminate against Indian companies: Nasscom

India has time and again raised the issue of hike in visa fees by the US

India's Internet base to touch 730 mn by 2020: Nasscom

India is the second largest user base after China and 75% of new internet user will come from rural areas

No immediate need for revising FY17 growth forecast for IT exports: Nasscom

Nasscom's views came close on the heels of RBS cancelling plans to separate and list a new UK standalone bank, Williams & Glyn

Brexit, tight-fisted banks might upset Nasscom's growth projection

Nasscom reckons the industry will grow at 10-12% for 2016-17

Nasscom ranks TCS top employer in IT industry

Followed by Infosys, Cognizant and Wipro

IT industry must skill workforce to hold position globally: Nasscom

Indian IT-BPM industry employs about 37 lakh people

No need to panic on Trump, Brexit impact long-term

Republican candidate Donald Trump is widely feared in India for his stance on the outsourcing industry and existing immigration policies

Nasscom says no cut in FY17 growth target of 10-12%

R Chandrashekhar, Nasscom President said there is no reduction in demand for IT services

West Bengal getting start-up friendly: Nasscom

The state govt is considering a plan whereby it will help start-ups to address their problem of seed funding

Apps, websites should be free to decide on free data: Nasscom

Says operators should not have direct or indirect influence on the content that customers view on the internet

Nasscom aims at top 3 position for India in big data analytics by 2025

Over 600 analytical firms in India, out of which approximately 400 are start-ups, form the emerging hub for analytics solutions for industries

Nasscom emphasises on building new tech skills with changing demand

This will ensure the availability of 'job ready' graduates, said the industry body