IT industry to grow 2.3% to $194bn in FY21: Nasscom

IT industry to grow 2.3% to 4bn in FY21: Nasscom

BENGALURU: The year has been marred by pandemic-related sharp declines in growth across industries. One major exception is India’s IT-ITeS sector. It is expected to grow by 2.3% to $194 billion in the 2020-21 financial year, according to estimates by Nasscom. The industry body, however, did not disclose the constant currency growth number, which was … Read more

Nasscom, BIRAC launch contest to develop health tech solution for small towns, rural areas – ET HealthWorld

nasscom birac launch contest to develop health tech solution for small towns rural areas

New Delhi: IT industry body Nasscom and state-run Biotechnology Industry Research Assistance Council (BIRAC) on Monday launched a contest, JANCare, to develop technology solutions for delivery of health care solutions in small towns and rural areas. The contest aims to identify up to 25 best healthtech solutions from start-ups and small and medium enterprises (SMEs) … Read more

Cloud services firms to resist Trai move to impose new rules

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Some of the world’s largest cloud service providers, including Amazon Web Services, Google Cloud, Microsoft, VMWare and IBM, are grouping together to protest against what they view as an attempt by India’s telecom regulator to increase government oversight on the sector. Later this week, the cloud companies plan to petition the department of telecom (DoT) … Read more

Nasscom welcomes latest H-1B visa exemptions, says cautiously optimistic

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PUNE: IT industry lobby group Nasscom said on Thursday that it welcomed the US administration’s move to exempt certain H-1B visa holders from a ban announced earlier by President Donald Trump, while remaining ‘cautiously optimistic’ about some of its caveats. On Wednesday, the US Department of State announced ‘national interest exemptions’ to the two Presidential … Read more

Trump H 1-B visa order leads to further uncertainty: Nasscom

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By Chandra Srikanth It is important that if there are going to be regulatory actions, then it should not appear in the form of an interim final rule. People should be allowed to make a comment on that, says Shivendra Singh, Vice-President & Head. President Donald Trump on Monday signed an executive order preventing federal … Read more

Nasscom launches platform to promote partnerships between India and US

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BENGALURU: The National Association of Software and Services Companies (Nasscom) has launched Nasscom Launchpad in New Jersey, to promote cross border trade through partnerships. Through this platform, jointly with VentureLink@NJIT and Choose New Jersey, Nasscom aims to facilitate partnerships between New Jersey and India and promote technology-based foreign direct investment between the two regions. So … Read more