software technology parks

Shutdown hits India’s tech hub partially (Lead)


May 31st, 2012 - 9:09 pm ICT by IANS
Bangalore, May 31 (IANS) Protest shutdown against steep petrol price hike Thursday partially affected India's tech hub with leading IT firms, including Infosys Ltd and multinationals logging out, even ... Read more...

Posted in Politics |

Tax benefits to SMEs urged


February 13th, 2012 - 7:57 pm ICT by IANS
Hyderabad, Feb 13 (IANS) Electronics and Computer Software Export Promotion Council (ESC) wants the government to extend tax benefits to small and medium IT firms on par with those given ... Read more...

Posted in Business |

Tax benefits to SMEs urged


February 13th, 2012 - 7:57 pm ICT by IANS
Hyderabad, Feb 13 (IANS) Electronics and Computer Software Export Promotion Council (ESC) wants the government to extend tax benefits to small and medium IT firms on par with those given ... Read more...

Posted in Business |

Bangalore IT trade fair to focus on innovation


October 4th, 2011 - 9:17 pm ICT by IANS
Bangalore, Oct 4 (IANS) India's premier IT trade fair - Bangalore IT.biz - Oct 18-20 will focus on innovation and research and development (R&D;) in the technology space to drive ... Read more...

Posted in Sci-Tech |

PM says Indo-Kazakh cooperation in technology holds immense promise


April 15th, 2011 - 9:41 pm ICT by ANI
Astana (Kazakhstan), Apr 15(ANI): Visiting Indian Prime Minister Dr. Manmohan Singh on Friday said that the prospects for Indo-Kazakh cooperation in areas like science, advanced technologies, nano-technologies and space holds immense ... Read more...

Posted in World |

Budget leaves IT sector unimpressed


February 28th, 2011 - 4:44 pm ICT by IANS
Hyderabad, Feb 28 (IANS) The information technology (IT) sector is disappointed at Finance Minister Pranab Mukherjee's union budget for 2011-12 for not extending tax incentives and hiking the Minimum Alternate Tax ... Read more...

Posted in Business |

Invest in Andhra Pradesh, it is safe: Minister


February 4th, 2011 - 7:53 pm ICT by IANS
Bangalore, Feb 4 (IANS) An Andhra Pradesh team Friday invited investment to the state assuring that it was "safe, secure and profitable" for investors in spite of the campaign for a Telengana ... Read more...

Posted in Business |

Currency volatility to weaken rupee further: Infosys


July 13th, 2010 - 7:49 pm ICT by IANS
Bangalore, July 13 (IANS) Rupee would continue to depreciate against the dollar due to cross currency volatility in the global markets and India's huge trade deficit, a senior executive of Infosys Technologies ... Read more...

Posted in Business |

Andhra aims third place in IT exports


June 23rd, 2010 - 8:32 pm ICT by IANS
Hyderabad, June 23 (IANS) Andhra Pradesh is targeting the third place in Information Technology exports in the country, a state government official said Wednesday. K. Ratna Prabha, principal secretary, IT, said the state, ... Read more...

Posted in Sci-Tech |

‘Non-extension of tax benefits to hit smaller IT firms’


February 26th, 2010 - 8:33 pm ICT by IANS
Bangalore, Feb 26 (IANS) The Indian IT industry Friday expressed disappointment over the absence of incentives for small and medium IT businesses and resented the three percent increase in MAT (minimum alternative ... Read more...

Posted in Business |

‘Hike in MAT will impact smaller IT firms’


February 26th, 2010 - 6:31 pm ICT by IANS
Bangalore, Feb 26 (IANS) The three percent increase in minimum alternative tax (MAT) to 18 percent from 15 percent for the next fiscal in the budget would impact small and medium ... Read more...

Posted in Sci-Tech |

3G pre-bid conference to be on Oct 12


September 11th, 2009 - 7:23 pm ICT by IANS
Chennai, Sep 11 (IANS) The pre-bid conference with prospective bidders for third generation (3G) mobile telephony services is likely to be held Oct 12 where the procedure and schedule of spectrum ... Read more...

Posted in Business |

Software exports to grow in double digits: NASSCOM chief


September 3rd, 2009 - 8:44 pm ICT by IANS
Chandigarh, Sep 3 (IANS) India is expected to clock double-digit growth in the software and IT enabled services (ITeS) exports next year as the US and other markets are recovering from the ... Read more...

Posted in Business |

Karnataka logs $17-bn software exports despite meltdown


September 1st, 2009 - 5:11 pm ICT by IANS
Bangalore, Sep 1 (IANS) Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23 percent growth ... Read more...

Posted in Business |

Chandigarh expecting big names at IT meet


August 25th, 2009 - 2:14 pm ICT by IANS
Chandigarh, Aug 25 (IANS) The administration here is expecting many leading personalities from the corporate sector in its two-day Information Technology (IT) conclave, 'e-Revolution 2009', that will be held here Sep 3 ... Read more...

Posted in Sci-Tech |

Software sector hails tax holiday extension


July 6th, 2009 - 8:58 pm ICT by IANS
Bangalore, July 6 (IANS) India's software sector Monday welcomed the extension of tax holiday on export profits to 2010-11 from this fiscal, rationalisation of multiplicity of taxes on packaged software and ... Read more...

Posted in Business |

Andhra Pradesh includes inflated Satyam figures in IT export revenues


July 2nd, 2009 - 8:58 pm ICT by IANS
Hyderabad, July 2 (IANS) The Andhra Pradesh government Thursday said the state has posted a 24.5 percent growth in information technology export revenues during 2008-09, higher than the projected national ... Read more...

Posted in Business |

IT industry wants better infrastructure, incentives: survey


July 1st, 2009 - 3:34 pm ICT by IANS
Mumbai, July 1 (IANS) A majority of IT companies in the country has urged the government to create better infrastructure to spur domestic demand and provide incentives to the slowdown-hit IT exports ... Read more...

Posted in Business |

Recession-hit IT sector wants fiscal benefits extended (Lead with corrections)


June 10th, 2009 - 12:05 am ICT by IANS
Bangalore, June 9 (IANS) Battered by global meltdown and lower tech spending, the Indian IT industry is looking up to the new government for extension of fiscal benefits and relief from multiplicity ... Read more...

Posted in Business |

Recession-hit IT sector seeks extension of fiscal benefits


June 9th, 2009 - 10:39 pm ICT by IANS
Bangalore, June 9 (IANS) Battered by the global meltdown, the Indian IT industry is looking up to the new government for extension of fiscal benefits and relief from multiplicity of taxes. "Extension of ... Read more...

Posted in Business |

Software exports from Kerala grows 43 percent


March 27th, 2009 - 9:16 pm ICT by IANS
Thiruvananthapuram, March 27 (IANS) While India's overall software exports have slowed down on account of the global slowdown, those from Kerala grew 43.41 percent till February-end, fetching a revenue of Rs.2,300 crore. "While ... Read more...

Posted in Business |

Mohali an attractive destination for the MNCs


March 19th, 2009 - 8:18 pm ICT by ANI
By Sunil Sharma Mohali, March 19 (ANI): Punjabs Mohali city is fast emerging as a hub for large multinational corporations. The city is an attractive destination for investment for being an emerging ... Read more...

Posted in National |

And now, techies to play 20-20 in IT hub


February 2nd, 2009 - 10:32 pm ICT by IANS
Bangalore, Feb 2 (IANS) Techies in India's IT hub will play their version of 20-20 cricket in March to promote team spirit in the ICT (information, communication and technology) industry."The IT20 Indian ... Read more...

Posted in Uncategorized |

Chowdary on TiE global board


November 4th, 2008 - 10:50 pm ICT by IANS
Hyderabad, Nov 4 (IANS) J.A. Chowdary, president of the Hyderabad chapter of The Indus Entrepreneurs (TiE), has been elected to serve on the board of trustees of TiE Global for a two-year ... Read more...

Posted in Uncategorized |

No meltdown job cuts, assure Tata Consultancy, Infosys


October 30th, 2008 - 7:35 pm ICT by IANS
Bangalore, Oct 30 (IANS) Two of India's top information technology (IT) majors Tata Consultancy Services and Infosys Technologies Ltd have assured the Karnataka government that they will not retrench any of their ... Read more...

Posted in Sci-Tech |

Infosys expanding operations in SEZs


August 27th, 2008 - 9:45 pm ICT by IANS
Chennai, Aug 27 (IANS) Bangalore-based software services major Infosys Technologies Ltd is expanding its operations in the country's special economic zones (SEZ) to take advantage of tax incentives, a top official said ... Read more...

Posted in Uncategorized |

‘Software exports from Chandigarh to touch Rs.11 bn’


August 5th, 2008 - 8:22 pm ICT by IANS
Chandigarh, Aug 5 (IANS) Software and services exports from Chandigarh and its surrounding towns of Panchkula and Mohali are expected to grow by 32 percent in 2008-09 fiscal, according to the Software ... Read more...

Posted in Sci-Tech |

Chandigarh gearing up for eRevolution 2008


August 2nd, 2008 - 5:17 pm ICT by IANS
Chandigarh, Aug 2 (IANS) Leading young entrepreneurs and businessmen of the country will converge in Chandigarh Aug 7-8 to participate in the two-day mega IT event, eRevolution 2008. "Some of the famous ... Read more...

Posted in Sci-Tech |

Andhra Pradesh posts 41 percent growth in IT exports


May 30th, 2008 - 7:25 pm ICT by admin
Hyderabad, May 30 (IANS) The IT exports from Andhra Pradesh recorded 41 percent growth against the projected national average growth rate of 32 percent in the last fiscal. The IT exports during ... Read more...

Posted in Sci-Tech |

IT exporters hope tax relief will be extended further


May 7th, 2008 - 10:58 pm ICT by admin
Kolkata, May 7 (IANS) The Electronics and Computer Software Export Promotion Council (ESC) has welcomed the central government's decision to extend by one year till March 31, 2010, tax exemption available to ... Read more...

Posted in Sci-Tech |

India imposes tax on some exports to calm prices


April 29th, 2008 - 7:25 pm ICT by admin
New Delhi, April 29 (IANS) Finance Minister P. Chidambaram Tuesday announced several measures to calm prices, imposing export duties on steel, cement and basmati rice and lowering tariff on some raw materials, ... Read more...

Posted in Business |

Sops for software firms extended by a year


April 29th, 2008 - 7:06 pm ICT by admin
New Delhi, April 29 (IANS) Bowing to the demands of the IT industry, the government Tuesday announced the extension of the tax benefit scheme given to the country's software firms. Under the ... Read more...

Posted in Sci-Tech |

Plan panel urges tax holiday extension for IT firms


April 2nd, 2008 - 10:50 pm ICT by admin
New Delhi, April 2 (IANS) India's small and medium IT firms would be adversely affected if the government discontinues their tax benefits, a Planning Commission report said Wednesday. Under the tax benefit ... Read more...

Posted in Sci-Tech |

IT honchos slam budget for ignoring industry demands


March 1st, 2008 - 12:16 am ICT by admin
(Lead)Bangalore, Feb 29 (IANS) Honchos of Indian IT industry Friday slammed the union budget for not extending tax holiday and increasing excise duty on packaged software and levying service tax on customised ... Read more...

Posted in Sci-Tech |

Small and medium IT firms disappointed with budget


February 29th, 2008 - 10:35 pm ICT by admin
(Lead)Hyderabad, Feb 29 (IANS) Small and medium IT enterprises Friday were disappointed with the 2008-09 budget, saying it has not extended the Software Technology Parks of India (STPI) scheme that offers them ... Read more...

Posted in Business |

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