Page 4 - 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Karnataka authorities have withdrawn GST tax notice, says Infosys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

Budget 2024: Nasscom seeks lighter taxation environment for tech industry

Industry association wants levels for safe harbour provisions raised to enable greater participation

Indian deeptech startups count surges in 2023, funding drops 77%: Nasscom

India saw a significant surge in deeptech startups in 2023 with 480 new ventures emerging, making it the third largest pool globally, a report said. However, the report by technology industry body nasscom and global consulting firm Zinnov highlighted the worrying trend of a funding winter, posing a major challenge for these startups. 'India's DeepTech Dawn: Forging Ahead' report also said funding for scaling, talent attraction and retention, and global expansion are the top 3 challenges faced by startups in deeptech innovation. "India currently has 3600+ deeptech startups, out of which 480 were established in 2023 itself, nearly 2X more than the number of deeptech startups established in 2022," the report said. But India's deeptech promise is stunted by a funding gap. "Compared to startups across some other leading deeptech ecosystems, Indian deeptech startups receive a fraction of the median investment at every stage. This lack of funding restricts the ability of some promising .

India ranks sixth globally in deeptech startup ecosystems: Nasscom

According to the report, in CY23, Indian deeptech startups witnessed a dip of 77 per cent in funding compared to last year and secured $850 million in investments

Indian GCCs turn digital twins of their HQs, lead in emerging tech like AI

For the US-based enterprise software company Planview, its India centre is not just a digital twin but a digital next generation

We missed Industrial Revolution

Is India headed there again?

GCCs in India becoming 'nerve centres' for global business success

A Nasscom-KPMG report launched on Thursday has identified four considerations for GCCs as they move up the value chain

India has fewer than 2,000 senior engineers for developing core AI products

This stands in stark contrast to the 650,000-700,000 individuals that the tech industry body Nasscom said have received training in AI within leading tech companies

Artificial intelligence framework on the anvil, brainstorming begins

Dedicated regulation expected after the Lok Sabha elections

Tech industry growth projected to halve to 3.8% in FY24 compared to FY23

Industry expected to generate additional $9.3 billion in revenue, spanning across IT services, business process management engineering services: Nasscom

Tapping into India's talent, global capability centres eye revenue goldmine

India is home to more than 1,580 GCCs, with a total market size of $46 billion

Nasscom inks pact with Australian Business NSW to accelerate market access

IT industry body Nasscom on Friday said it has signed an agreement with Australian industry body Business NSW to facilitate market access for technology companies in the two markets. Indian technology companies and firms in New South Wales will receive accelerated access to each other's markets as part of the new agreement that aims to synergise economic cooperation between India and Australia, Nasscom said.. An agreement between the Department of Enterprise, Investment, and Trade (DEIT), Indian industry body Nasscom, and Australian industry organisation Business NSW was signed in Sydney on Thursday, leveraging the Australia-India Economic Cooperation and Trade Agreement (ECTA) and positioning NSW at the centre of the burgeoning Australia-India technology corridor, Nasscom said in a statement. With a USD 254 billion tech industry as of FY2024, India is a global powerhouse, so we are looking forward to welcoming their startups and scaleups to Sydney through our International Landing

Nasscom to bring 15 top-tier tech startups delegation to UAE next week

India's National Association of Software and Service Companies (NASSCOM) will bring a delegation of 15 top-tier start-ups to participate in a Pitching and Networking Session for the Start-Ups in the UAE next week. The delegation would participate in the exclusive Pitching and Networking Session for the Start-Ups to be organised by the Consulate General of India in Dubai on March 11 and 12, officials said. The Start-Up delegation comprises sectors such as artificial intelligence, big data and analytics, electrochemistry, materials, and renewable energy, among others. NASSCOM is the apex body for the technology industry in India, an industry that has made a phenomenal contribution to India's GDP, exports, employment, infrastructure, and global visibility. The Elevate Pitching Series aims to provide a platform for Start-Ups to pitch their ideas to investors and business partners based in the Middle East and other countries, officials said.