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Indian IT expected to hire 1.3-1.5 lakh people this financial year: Nasscom

Indian IT expected to hire 1.3-1.5 lakh people this financial year: Nasscom

The domestic market is expected to grow 10-11 percent, it said.

Layoffs rile India's flagship IT sector, tough times likely to continue

Layoffs rile India's flagship IT sector, tough times likely to continue

IT outsourcing has long been one of India`s flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald Trump`s clampdown on visas is creating industry-wide upheaval.

No reduction in H1B visas to India: Sitharaman

No reduction in H1B visas to India: Sitharaman

In a bid to ease apprehensions of the IT industry over the H1B visas, Commerce Ministry Nirmala Sitharaman on Saturday said that India will get the same number of visas, though only the category of people to whom these are awarded may undergo a change.

No mass layoffs; workforce realignment happens every year: Nasscom

No mass layoffs; workforce realignment happens every year: Nasscom

Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.

TCS, Infosys accounted for only 8.8% of total H-1B visas: Nasscom

TCS, Infosys accounted for only 8.8% of total H-1B visas: Nasscom

IT industry body Nasscom on Monday came out in defence of its members TCS and Infosys, saying the two accounted for only 7,504 -- 8.8 per cent -- of the approved H-1B visas in 2014-15.

Australia visa move unlikely to impact Indian IT workers: Nasscom

Australia visa move unlikely to impact Indian IT workers: Nasscom

The Australian government's move to eliminate the 457 visa category would not have a major impact on visas granted to Indian IT workers, industry body Nasscom said on Wednesday.

Press Conference of NASSCOM

Press Conference of NASSCOM. Watch this special segment and get to know more here.

Nasscom cautions over revamp of lottery system for H-1B visas

Industry body Nasscom on Wednesday warned that the US' move to replace the lottery system for issuing H-1B work visas with a merit-based approach could have "unintended consequences" even as it sought to downplay any immediate impact on IT companies this year.

Changed H-1B visa norms don't mean much for India: Nasscom

Changed H-1B visa norms don't mean much for India: Nasscom

The Indian IT industry body Nasscom on Tuesday said the clarifying guidance by the USCIS on eligibility for computer programmers under the H-1B visa norms will have little impact on its members, as the clarification has been the adjudicatory practice for years.

More trouble for Indian IT professionals: After US, Singapore tightens visa norms

More trouble for Indian IT professionals: After US, Singapore tightens visa norms

While the Trump administration, on one hand, fuelling rise in anxiety in India with its clampdown on H1-B visa programme, Singapore has been quietly cutting down visas for Indian IT professionals over the last few months, the Times of India reported today.

Would continue to engage with Trump admin on H1B issue: India

The government on Thursday tried to assuage concerns of Indian professionals over H1B visa, saying the steps taken by the US were aimed at illegal immigration and it would continue to engage with the Donald Trump administration on the issue.

Suspension on expedited H-1B visa to affect IT companies: Nasscom

Suspension on expedited H-1B visa to affect IT companies: Nasscom

Industry body Nasscom on Sunday said that US' decision to temporarily suspend the expedited premium processing of H-1B visas will lead to process delays for Indian IT firms too.

Not much has changed in IT since last Nasscom guidance: Infosys

Not much has changed in IT since last Nasscom guidance: Infosys

Infosys on Thursday said IT industry lobby Nasscom deferred guidance for 2017-18 because not much has changed since the last review in November and asserted customers remain "optimistic".

Trump impact? Nasscom defers annual growth forecast to May

Trump impact? Nasscom defers annual growth forecast to May

The IT industry lobby Nasscom on Wednesday said the sector will grow at the lower end of its revised target in fiscal 2017, but deferred guidance for the next financial year by a quarter, as the headwinds rise.

Nirmala Sitharaman to hold meeting with industry on US visa issue soon

Nirmala Sitharaman to hold meeting with industry on US visa issue soon

Amid concerns being raised by India Inc on the US visa regime, the Commerce and Industry Ministry on Monday said it will soon hold a meeting with industry including Nasscom to discuss the issue.

 

 

H1B overhaul: IT cos see costs rise, dearth of skilled workers

H1B overhaul: IT cos see costs rise, dearth of skilled workers

Indian IT firms face the risk of higher operational costs and shortage of skilled workers with the proposed overhaul of popular H-1B visa regime by American President Donald Trump, leading to a sharp slide in tech stocks and prompting India to convey its concerns to the US.

Meet Natarajan Chandrasekaran, the new Chairman of Tata Sons

Meet Natarajan Chandrasekaran, the new Chairman of Tata Sons

Tata Sons on Thursday named Tata Consultancy Services (TCS) CEO Natarajan Chandrasekaran as the new Chairman of the company, replacing interim boss Ratan Tata and the ousted Cyrus Mistry. Born in 1963, Chandra is one of the youngest CEOs of the Tata Group.

Helpline number 14444 for digital payments support soon

Helpline number 14444 for digital payments support soon

After a TV channel and a website to promote digital payments, a nationwide toll-free helpline number '14444' will be launched soon to educate people and provide support related to cashless mode of transactions.

Large companies don't react quickly to problems like demonetisation

Large companies don't react quickly to problems like demonetisation and expect smart innovative people to address it, Hewlett Packard Enterprise Group India R&D President Naresh Shah said.

India emerges as 3rd largest start-up base; will be home to 10,500 start-ups by 2020

India emerges as 3rd largest start-up base; will be home to 10,500 start-ups by 2020

India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report.