Page 3 - Nasscom

India-US ties strong; no way around India's tech prowess: Nasscom chief

India and the US have maintained strong ties in strategic areas of cooperation and technology over the years and that focus is expected to continue, Sindhu Gangadharan, new Chairperson of IT industry association Nasscom said on Wednesday. The comment assumes significance as there have been broad concerns about the implications of US Presidential elections for over USD 250 billion Indian outsourcing industry as well as on employment-based immigration. On how she sees the outcome of US elections impacting the Indian outsourcing industry, Gangadharan told PTI: "I think India and the US have always focused on strategic areas of cooperation, when it comes to tech...I think there's no doubt that the cooperation has been extremely strong over the last years." "So no matter what the outcome of the US election will be, I think there's no way around leveraging the phenomenal tech prowess that India has to offer....not just for US, but the rest of the world," she added. India has scripted a .

GenAI start-up landscape witness broad-based growth, crosses 240 in H1 2024

Net funding addition of $152 million since H1 CY2023, cumulative funding grows over $750 million since 2023, according to Nasscom report

Bihar inks MoU with Nasscom with aim to promote state's IT policy

The Bihar government on Monday signed a Memorandum of Understanding with the National Association of Software and Service Companies (NASSCOM) with an aim to promote the state's IT policy and investment opportunities. The MoU was signed in the presence of Bihar IT Minister Santosh Kumar Suman and Srikanth Srinivasan and Nirupam Choudhary, both NASSCOM vice presidents. According to a statement issued by the IT Department: With the support of NASSCOM, Bihar government will plan and organise roadshows in Bengaluru, Chennai, Mumbai, Hyderabad and Pune. These roadshows will facilitate in linking Bihar government officials with potential investors and technology companies, increasing the potential for investment in the state. This partnership will also enable Bihar to participate in NASSCOM's national programmes, allowing the Department of Information Technology to showcase the emerging IT activities in the state, it said. Through these programs, Bihar's progress in IT infrastructure, ski

India leads on world AI stage in talent and domain skills: Nasscom chief

India leads on world AI stage in talent and domain skills, placing it on a strong footing in transformative era of Artificial Intelligence, Nasscom's new chairperson Sindhu Gangadharan has said, asserting this is "the best time to be in India" particularly for those in the technology sector. In a wide-ranging interview to PTI, Gangadharan touched upon several key issues -- from the importance of mental and social well-being at workplace to economic impact of AI and GenAI -- and sought to assuage concerns around artificial intelligence (AI) displacing jobs. She stressed on the need for organisations to attach high priority to mental and physical well-being of their workforces and make it part of their organisational culture, through policies, practices and interest groups. Gangadharan's comment assumes significance in the backdrop of the tragic death of a young employee at one of the prominent consultancy firms that led to social media outcry and triggered intense debate in corporate

'Only 10% of India's 1.5 mn engineering graduates to secure jobs this year'

Many engineering graduates lack the practical skills and industry-specific knowledge required to meet the demands of employers

Firms need time to comply with data protection law: Vinayak Godse

'Companies will need to overhaul processes and adjust operations'

70% of Fortune 500 firms will expand reach to India by 2030: Report

The report further added that the number of GCCs is expected to reach 2,100-2,200 in 2030 from the current over 1,700

Powering India's technology growth: The continuous rise of Indian AI

As many as 70 per cent of companies spend more than 20 per cent of IT budgets on digital and emerging technologies

Indian firms should scale AI beyond PoCs, prioritise data standardisation

The report also stated that though the Indian AI market was at a nascent stage, it was expected to mirror the global AI market growth rate of 25-35 per cent over the next 3-4 years

Nasscom announces SAP Labs India MD Sindhu Gangadharan as chairperson

IT industry body nasscom on Monday announced the appointment of SAP Labs India Managing Director Sindhu Gangadharan as its chairperson with immediate effect. Gangadharan takes the chair from Rajesh Nambiar, who has been appointed president-designate for nasscom (National Association of Software and Service Companies). "Nasscom has played a pivotal role in propelling India's emergence as a global innovation leader. With our nation's robust engineering R&D capabilities, innovative potential, and extensive digital talent pool, India is well-positioned to spearhead large-scale digital transformations that are sustainable and inclusive," she said. The first woman to lead SAP Labs India, Gangadharan was appointed as the Chair for nasscom GCC Council last year. A board member of Siemens India and Titan Company, she is also a member of the Steering Committee of the Indo-German Chamber of Commerce. Last week, Nambiar stepped down from IT firm Cognizant as its India MD and chairman. The ...

Rajesh Nambiar appointed nasscom president-designate, succeeds Ghosh

With this appointment, Nambiar also resigns from his current position at Cognizant. He was Chairman and Managing Director of Cognizant India

Cognizant appoints Rajesh Varrier as global head of operations & CMD, India

The appointment was announced as Rajesh Nambiar leaves Cognizant to become president of nasscom

Decoded: Why telcos, OTTs are clashing over new Telecom Act definitions

Traditional telecom operators are pushing for over-the-top (OTT) services, such as WhatsApp and Google Meet, to be regulated on par with themselves to ensure a 'level playing field'

Karnataka authorities have withdrawn GST tax notice, says Infosys

DGGI sent a notice to Infosys for non-payment of Integrated Goods and Services Tax (IGST) on import services as the recipient of services

Nasscom urges govt to have simple and single interpretation on compliance

Nasscom was reacting to the Rs 32,400 crore goods and services tax (GST) demand from India's second-largest IT services firm, Infosys

Nasscom says no to Karnataka govt's 14-hour workday limit proposal

According to labour unions, the amendment, which is looking to facilitate a 14-hour working day, was presented in a meeting called by the labour department with various stakeholders in the industry

Cong-led Karnataka govt puts job quota Bill on hold after industry furore

Nasscom said it is seeking an urgent meeting for industry representatives with state authorities to discuss the concerns

War of words over Karnataka Bill on local quota in private sector jobs

The National Association of Software and Service Companies (Nasscom) expressed "deep concern" about the Karnataka State Employment of Local Industries Factories Establishment Bill, 2024

Nasscom writes to Karnataka CM, raises concerns over draft gig workers bill

It says the Bill lays down onerous and prescriptive obligations on aggregators like the minimum notice period for termination, algorithmic disclosures, monitoring and tracking mechanisms

CII, Nasscom to provide digital skilling to 100,000 non-IT youth in 2 years

CII said that seven target sectors have been identified to begin with