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News Source : IETS

Thu, 14 Dec 2017 05:59:33 GMT

Government sets aside Rs 10,000-cr tax demand on tech companies
The service tax department had earlier asked about 200 companies to return export benefits claimed during 2012-2016 on software provided to clients outside India, and pay a 15% service tax along with fine.

Global in-house centres hire more highly-skilled tech professionals
These fresh job roles are added across sectors such as banking and financial services, telecom, retail, automobile, pharmaceutical at nearly 1,100 existing captives and new ones.

Infosys to offer back-office service on Tradeshift platform
As the world's largest business network, Tradeshift connects about 8 lakh buyers and suppliers in countries across the world over on its platform.

Cisco eyes acquisitions for real-time cyber security intelligence data
Cisco Systems will continue looking for acquisitions as it pushes towards working real time on cyber security intelligence data.

Budget 2018: Economists call for hiking social security pension; IT cos want visa issues sorted
IT companies sought extension of steps taken in previous budget to promote indigenous manufacturing of electronic goods.

Government sets up NIC-CERT centre to detect, prevent cyber attacks
Internet has expanded the canvas of opportunities for people, but the need to upscale existing security infrastructure has also grown.

Infosys' settlement move with SEBI fine: Mohandas Pai
The chairman of Aarin Capital and also Manipal Global Education Services stressed that consent decrees are a very normal part of any capital market.

This might just be the winning formula Infosys has been looking for
The founders must not look for their likeness in the new CEO. This is the lesson they need to draw from the bitter Sikka episode.

Why Salil Parekh’s journey is symptomatic of the state of India’s offshore IT legacy
Parekh made his mark at Capgemini because he made it competitive against Indian service providers like Infosys which he will now lead as CEO.

Former Infosys CFO V Balakrishnan demands discontinuance of certain board members
In view of the current development it is all the more important to restructure the board and fill it with people of high integrity and stature, Balakrishnan added.

Narayana Murthy's stand vindicated, so apologise to him: Mohandas Pai to Infosys
Infosys has abused Narayana Murthy. It should give an apology to Murthy for abusing him and damaging his reputation, Pai said.

India among top 10 markets for Avaya globally
"India is among the top 10 markets for Avaya. Its operations here are already profitable and we are looking at a revenue growth of 15 per cent annually", MD of Avaya India, Vishal Agrawal, said.

Former executive questions Infosys’ settlement plea with the Sebi
Experts believe that the settlement application which seeks to resolve lapses of overdue disclosures relating to the severance package will not be “too damaging”.

Cognizant sees Asia as $1 billion opportunity
The Teaneck, New Jersey-headquartered company is one of the few large IT companies to provide a public goal for its Asia business.

Infosys chairman Nandan Nilekani seeks to reclaim past glory with digital push
Client offerings positioned around cutting edge technologies like artificial intelligence & Internet of Things will help make Infosys much stronger, Nilekani said.

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