Page-2 of IT sector

TCS becomes India’s first $100 billion IT company

April 23, 2018

Tata Consultancy Services (TCS), the country’s largest IT outsourcing company created history by becoming the first Indian company to reach $100 billion market capitalisation (m-cap) milestone. Market capitalisation is value of company that is traded on stock market, calculated by ..

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Debjani Ghosh to be first woman President of NASSCOM in 2018

November 11, 2017

The National Association of Software and Services Companies (NASSCOM) has named Debjani Ghosh its president-designate. She will succeed R Chandrashekhar after his tenure ends in March 2018. It will make her first female president global trade body representing software companies. ..

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Union Government plans to invest Rs.2,200 crore in electronic technology start-ups

February 13, 2017

The Union Government is targeting an investment of about Rs. 2,200 crore in start-ups working on new technologies in the electronic sector under the Electronics Development Fund (EDF) by 2019. This investment aims at creating an eco-system to make India ..

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Union Government unveils steps to boost cybersecurity

November 12, 2016

Union Government has unveiled a slew of measures in an attempt to strengthen cyber security in India. It was announced by the Union Minister for Electronics and IT Ravi Shankar Prasad at the Economic Editors’ Conference-2016. The conference was organised ..

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India, Palestine ink MoU for setting up of Techno Park in Ramallah

November 2, 2016

India has signed a Memorandum of Understanding (MoU) with Palestine for setting up of Palestine-India Techno Park at Ramallah in Palestine. The decision to set up Techno Park was taken during the visit of President Pranab Mukherjee to Palestine in ..

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Infosys unveils Skava Commerce, a modular e-commerce platform

October 1, 2016

India’s second largest software services major Infosys has launched “Skava Commerce” a new standard for modern, mobile-first and modular e-commerce platform for retailers. The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that Infosys had acquired in ..

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India, Tunisia sign two MoUs for co-operation in handicrafts and IT sector

June 3, 2016

India and Tunisia have signed two Memorandum of Understanding (MoU) for co-operation in Information Technology (IT) and promotion of traditional handicrafts. These MoUs were signed in the presence of Vice President Mohammad Hamid Ansari and Tunisian Prime Minister Habib Essid ..

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Union Government clears Infosys proposal to set up IT SEZ in Bengaluru

May 7, 2016

Union Government has approved the proposal of Infosys to set up an IT/ITeS special economic zone (SEZ) in Bengaluru, Karnataka in an area spread over 4 hectares. Decision in this regard was taken by an inter-ministerial Board of Approval (BoA), ..

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