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IT News

09 Feb 2025

India's Semiconductor Consumption Market To Grow At 13% CAGR Through 2030

India’s semiconductor market is projected to grow to $103.4 billion by 2030, powering the $400+ billion electronics market.

14 Dec 2024

Buy On Dips Strategy Working Well In Indian Stock Market Amid Sharp Rebound

The Nifty IT index reached a new high and rallied around 3 per cent during the week after US inflation data met expectations, boosting hopes for a Fed rate cut next week.

12 Nov 2024

India’s IT Spending To Reach $160 Bn in 2025: Report

The price premium of GenAI-enabled offerings across customer relationship management (CRM), email and authoring, and analytic platforms will drive software spending, resulting in the growth of this segment.

05 Oct 2024

IT Companies Set For Revenue Growth Of Up To 2.5% In Q2FY25: Report

IT services companies are navigating a challenging landscape due to ongoing macroeconomic concerns in key markets such as the US and Europe.

24 Jul 2024

Majority Of Taxpayers To Have Substantial Tax Savings Due To Reduction Of LTCG

The Income Tax Department said the nominal real estate returns are generally in the region of 12-16 per cent per annum, much higher than inflation.

21 Jul 2024

Techies To Work 14 Hours A Day In Karnataka? New Bill Sparks Concerns

The Karnataka State IT/ITeS Employees Union (KITU) members have already met with Labour Minister Santosh Lad to voice their concerns regarding this development.

27 May 2024

IT Department conducts Raid in Maharashtra's Nashik

27 Feb 2024

End-User Spending On Security, Risk Management To Reach $2.9 Billion In India

Indian firms will enhance their security budget owing to legacy IT modernisation using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work.

Congress Accounts Freeze Removed

16 Feb 2024

Congress gets big relief from IT tribunal

06 Nov 2023

Following TCS and Infosys, Wipro Implements Big Changes In Hybrid Work Policy

Indian IT company Wipro has announced that all employees must work from office at least 3 days each week starting from November 15.

01 Nov 2023

After TCS, IT Firm Infosys Takes Big Decision On Work From Home Policy

In an interview, Narayana Murthy argued that Indian youngsters should work over 70 hours a week to enhance the country's growth and productivity, as it lags behind Western nations.

01 Jul 2023

Tech Industry Sees Boom In Full-Time Jobs; Dip In Part-Time Opportunities

Moreover, the report said that gig/part-time/contract job roles such as Software Architect, Senior Developer, Data Engineer, and Salesforce Developer are among the highest paying. Similarly, Data Scientist, iOS Developer, Automation Engineer, and Front End Developer were the lowest-paid gig roles.

27 Jun 2023

Who Is Sunny Gupta, Founder Of Apptio, Which Was Bought By IBM For $4.6 Bln?

IBM buys Apptio for $4.6 bln. Sunny Gupta is the founder of Apptio who is a renowned entrepreneur and technology visionary. Gupta completes his bachelor in Computer Science from Stanford and MBA from Harvard.

26 Jun 2023

Analysis: After The Buzz, Investors Are Doing Their Own Homework On AI

Concerns about AI have already manifested across markets. Shares in companies like French outsourcing firm Teleperformance (TEPRF.PA) and US-based Taskus (TASK.O), which manage call centres and other services seen as vulnerable to being replaced by bots, have both lost around 30% this year.

04 May 2023

IT Giant Cognizant To Lay Off 3,500 Employees, Or 1% Workforce Globally

Cognizant reported a 3 per cent (year-on-year) rise in its net profit to $580 million in the March quarter of FY23. The company reported revenue of $4.8 billion, which declined 0.3 per cent year-over-year, in Q1 2023.

27 Apr 2023

Wipro Q4 Net Profit Dips Marginally To Rs 3,074.5 Cr

For the full FY23, the net profit of Rs 11,350 crore was 7.1 per cent lower than the preceding fiscal, while revenue of Rs 90,487.6 crore was 14.4 per cent higher.

grocery store owner case

05 Apr 2023

Rajasthan Stationary Shop Owner Gets Tax Notice For 'Rs 12 Crore' Transaction

Kishangopal Chaparwal, a resident of Sanjay Colony, said he has lodged a complaint with the Subhash Nagar police station, stating that someone is misusing his financial data. Chaparwal said he runs a stationery shop and works as a photographer at weddings.

Rajeev Chandrasekhar

04 Mar 2023

Safety, Trust Can't Be Sacrificed At Altar Of Freedom Of Speech, Privacy: MoS

An intermediary wanting to do business in India is under obligation to carry out due diligence over the kind of content it carries, the minister said as he outlined the government's firm resolve in ensuring that platforms are accountable to users.

03 Feb 2023

Centre Expects 'Fabulous' Response to Revamped I-T Regime: CBDT

The new tax regime will be more beneficial for a person who does not have enough investments to claim I-T deductions. Under the revamped new tax regime, no tax would be levied for income up to Rs 3 lakh. It also allowed taxpayers to claim standard deduction of Rs 50,000.

Trinamool Congress

12 Sep 2022

TMC's NEXT STEP against Central Agencies: Motion in Assembly...

A short session of the assembly will be held from September 14 when the motion will be moved. Assembly Speaker Biman Bandopadhyay said on Monday that a proposal on the motion has already been submitted in the assembly.

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