Mumbai: The Centre is planning to draft a legislation to regulate online media and is already holding consultations with the opposition over the matter, BJP president Nitin Gadkari said on Thursday. "The government is planning to impose restrictions on online media and has sought our views on how to go about it. Serious discussions are going on. We want freedom of speech to exist, but we also don't want anybody's...
11:09 PM, May 03, 2012
New Delhi: Software body Nasscom on Friday expressed its disappointment over the budget as it has no fresh proposals for the USD 100 billion Indian IT-BPO sector even as the industry's request to exempt SEZ income from Minimum Alternative Tax has been ignored. "There is no focus on putting the economy on a high growth trajectory; fiscal deficit reduction is through higher taxation rather than expenditure management; there is no...
07:18 PM, Mar 16, 2012
Mumbai: The Union Home Ministry would like to work with the National Association of Software and Services Companies (NASSCOM) in the area of cyber crime, which is growing very fast, Home Minister P Chidambaram on Tuesday said. He gave away NASSCOM Global Leadership Awards at a function on Tuesday evening. "In 2009, there were 2,866 reported incidents of cyber crime in India. The US-based Internet Crime Control Centre has said...
12:30 AM, Feb 15, 2012
Mumbai, Last week was indeed flat and positive with NIFTY gaining back almost all that it had lost during the first few days. Immense fund flow clubbed with retail participation helped NIFTY to move above 5400, hinting that the markets are entering another bull phase. NIFTY is on a consolidation mode and it is having a base at 5325 and 5250. The resistance for the NIFTY will be at 5450...
02:27 PM, Feb 13, 2012
Washington, The Indian IT industry in the US has contributed USD 15 billion in taxes alone in the last five years, Foreign Secretary Ranjan Mathai said, stressing on the need to eliminate discriminatory actions. Mathai, on his first bilateral visit to the US in his capacity as the Foreign Secretary, expressed hope that the economic challenges in the US would not lead to protectionism and concerns of the Indian IT...
10:46 AM, Feb 07, 2012
New Delhi: The government has sanctioned the prosecution of several websites including Google, Facebook, Yahoo and YouTube amongst others. The Delhi High Court had earlier refused to squash proceedings against Google and Facebook. The court had issued a summons to a host of websites on allegations that they were allowing defamatory articles against politicians and articles that hurt religious sentiments. The summons may be served through the Ministry of External...
11:03 PM, Jan 13, 2012
New Delhi: Software industry body Nasscom on Wednesday said Rajendra S Pawar, the founder of NIIT, has been appointed as the Chairman of its executive council for 2011-12. The industry body also announced appointing N Chandrasekaran, the CEO and Managing Director of TCS, as the Vice-Chairman for 2011-12. Pawar succeeds Accenture's Harsh Manglik as chairman of Nasscom. "As Chairman of the Executive Council, Pawar will lead and assist Nasscom in...
09:19 AM, Apr 27, 2011
Some things don't change like the IT industry's budget wish list. Much like the last 5 years, this year's list also leads with an extension of the tax benefits under the software technology parks of India scheme. The Indian IT industry has submitted a long list of demands to the finance minister and while this has a few new demands, most are ones that have been seen on the list...
12:38 PM, Feb 24, 2011
New Delhi: The US is expected to renew its demand for further opening up of the Indian economy in sectors like multi-brand retail and easing of trade restrictions on several areas, including farm products. These issues are likely to be taken up by US Commerce Secretary Gary Locke when he meets Commerce and Industry Minister Anand Sharma here tomorrow. Locke, who would visit India between February 6 to 11, would...
10:35 AM, Feb 06, 2011
Body shop or chop shop? The Indian presence in the US job market is under the spotlight again.
The storm "The emergency border funds will be paid for by assessing fees on foreign companies known as chop shops that outsource good, high-paying American technology jobs to lower wage, temporary immigrant workers from other countries. But it will not affect the high-tech companies such as Intel or Microsoft that play by...
11:10 AM, Aug 31, 2010
Nasscom says the bill will cost the Indian IT sector $ 200 million to 250 million a year and violates WTO conventions. ...
03:48 PM, Aug 13, 2010
The back-office outsourcing business registered a turnover of $12.4 billion in the last financial year. ...
05:56 PM, Jun 09, 2010
Legislation in US Congress seeks to restrict visas for IT workers. ...
10:06 PM, Oct 01, 2009
Microsoft founder says US must not restrict entry of skilled workers. ...
06:20 PM, Jul 24, 2009
India Inc says it will hit American companies more than India. ...
09:10 AM, May 06, 2009
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