IT sector News

Flex spaces trailed behind, accounting for 14 per cent of the total absorption, an increase from 9 per cent in the previous quarter. 

The Q4 of FY25 is likely to be a weak quarter, impacted by usual seasonality and sustained weak Europe performance and now uncertain US results. 

India is currently home to over 1,46,000 DPIIT-recognised startups, and more than 100 unicorns. 

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

Sandeep's early career laid a strong foundation for his entrepreneurial journey. Working at renowned organizations like Accenture, Wipro, and SAP, he honed his skills in digital strategy, business consulting, and IT services. 

The country is offering cash-backs to manufacturers on sales of locally made goods that exceed an annual target. The scheme is key to India's ambitions to become a powerhouse in the global electronics supply chain, with the country targeting an annual output worth $300 billion by 2026.

Zee Media Digital Conclave: Zee Media organized Digital Rajasthan Conclave in Barmer, Rajasthan. Digital Rajasthan campaign is being run for development in many districts of Rajasthan. Discussed with the guests attending this program about taking Zee Media on the path of progress.

The study surveyed over 15,600 respondents, including knowledge workers, IT decision-makers, and business leaders in 12 countries, with a sample size of over 1,300 respondents in India.

PM Modi Egypt visit: Prime Minister Narendra Modi was on Sunday conferred with the 'Order of the Nile' award, the highest state honor of Egypt. Egyptian President Abdel Fattah el-Sisi conferred the prestigious award on the PM ahead of the bilateral meeting. On the other hand, Pakistan has become upset due to this success of India.

Telangana: There is a fast pace of progress in Telangana under the KCR government, the foundation for the future is ready in the state.

With an objective to address the acute skill deficit in the country, NASSCOM Foundation is working relentlessly to empower over 700 individuals from marginalized communities with digital literacy, delivering life skills and socioemotional skills; job-specific skills, which support the transition into the workforce; and entrepreneurial skills to enable the youth to become self-reliant and future –ready.

Bengaluru, Delhi-NCR, Pune, Hyderabad and Mumbai are the top five destinations for technology careers in India.

The demand to hire seasoned professionals in senior management roles with experience of over 16 years saw 16% YoY growth. 

Annual supply for prime office space was over 29 million sq ft during the year, a decline of about 18 percent as compared to 2016.

India added about 1,000 technology start-ups in 2017.

It named a number of organisations in its blog, including UIDAI (Aadhaar) and TCS.

The Devices segment, Data Centre Systems and Communications Services are expected to grow by 5 per cent, 1.8 per cent and 2.2 respectively to reach $697 billion, $176 billion and $1,417 billion spending.

Sundararajan said many delegates approached the government during the event, with interest in mobile manufacturing and have demanded tweaking of some of the regulation.

According to the report, the global price index that compares rental values of prime office spaces across 20 international markets rose by 1.2 per cent in the quarter.

On the National Stock Exchange (NSE), the stock closed 2.09 per cent higher at Rs 911.50. During the day, the scrip had touched a high of Rs 918.25 and a low of Rs 902.35.