NASSCOM STATEMENT
Karnataka: CM Shivakumar asks pro-Kannada groups to stay away from IT firms, promises action on hiring bias
Chief Minister DK Shivakumar urged pro-Kannada organizations to avoid taking matters into their own hands amid recruitment concerns. Reports claimed that local candidates in Bengaluru are often overlooked by technology companies in hiring processes. The government will investigate allegations of discrimination against native Kannada speakers in the tech industry. Previous proposals for job quotas have sparked controversy, highlighting tensions between local employment and industry interests.
Catch a bully by its horns: How India can turn the latest round of US visa curbs affecting Indian techies to its advantage
Visa restrictions imposed by the US on Indian IT companies may impact individuals working on temporary visas. Many Indian workers may now have to return to India due to these restrictions. Despite these challenges, returnees present opportunities for India in emerging technologies and industries. Additionally, India's relationship with the US requires strategic actions to maintain balance in trade and diplomacy.
US suspends TCS, Infosys, Wipro, HCLTech, Cognizant and three other firms from PERM green card programme
The US Labour Department has suspended eight major technology companies from the permanent labour certification programme. This decision bars these firms from filing new applications or processing pending applications involving foreign workers. Companies like Tata Consultancy Services and Infosys have been accused of hiring overseas workers at the expense of American jobs. Industry body Nasscom argues that Indian tech companies have reduced dependence on work visas and increased local hiring.
US green card suspension: TCS, Infosys, Wipro, other IT firms' PERM applications already on decline
Indian IT companies are experiencing a significant decline in green card applications this year due to a recent suspension. Major firms like Tata Consultancy Services and HCL have drastically reduced their applications for permanent labor certification. NASSCOM indicates that these companies are relying less on H-1B visas and enhancing local workforce hiring strategies. The total number of PERM applications from Indian firms remains relatively low compared to the overall figures.
Karnataka Minister warns of 'far-reaching consequences' on US suspension of Green Card program for IT majors
Karnataka Minister Priyank Kharge outlined potential challenges for India's IT sector due to the US suspension. This suspension may increase operational costs and reduce flexibility for Indian IT companies in the United States. Kharge suggested that more high-value work might remain in India due to difficulties in relocating engineers. He emphasized the need for India to be prepared for this shifting landscape in technology operations.
GST Council eases tax rules for IT exports via foreign branches
The move addresses a major demand from the IT and IT-enabled services sectors, providing significant relief to companies that support global clients via their own overseas establishments. At its 57th meeting, the council removed the condition that the Indian supplier and overseas recipient cannot be establishments of the same person.
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Immigration, skilled talent mobility distinct: Nasscom as US suspends IT firms from green card prog
The latest development in the US - the biggest market for the $300 billion Indian IT industry - adds to uncertainty for tech outsourcers that rely on cross-border movement of skilled professionals. In a statement, Nasscom said the decision affects a specific immigration pathway, but it has consistently maintained that the two issues should be kept apart.
Payoneer India Cross-Border Excellence Awards 2026 closes with a blueprint for India’s next export leap
India’s exports hit a record $863.1 billion in FY26, yet the businesses driving that growth rarely share the spotlight. On September 25 in New Delhi, the Payoneer India Cross-Border Excellence Awards 2026, in association with The Economic Times, closed its 2026 cycle with a summit on market access, growth corridors and outbound compliance, and 16 category winners that show what Indian global enterprise looks like today.
IT fresher hiring rebounds; Agrani's Rs 800 crore raise
Happy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more in today’s ETtech Morning Dispatch.
Data centre surge triggers CEA study on grid stability
The Central Electricity Authority has formed a committee to evaluate data centre effects on power systems and grid stability. This initiative responds to the growing demand for electricity from data centres across various states in India. Odisha raised concerns over operational challenges linked to large market purchases affecting the grid.
Indian IT firms reduced H-1B dependency in last five years: Nasscom
Indian IT companies have invested $1.1 billion in the US over five years to build the local science, technology, engineering and maths (STEM) talent base, Nasscom said. The efforts have reduced their dependence on H-1B visas and reached 2.9 million students and 255,000 employees, as the US proposes a higher H-1B fee.
Nasscom appoints Fractal cofounder Srikanth Velamakanni as Chairman
Srikanth Velamakanni takes the helm at Nasscom as the new Chairperson, succeeding Sindhu Gangadharan. With a robust background in AI and analytics, he aims to drive a rapid transformation in service sectors through artificial intelligence.
IT body Nasscom advises against travel to the Middle East
India's IT services sector is facing a disruption as the Middle East conflict threatens to slow tech spending and freeze expansion plans in the region, aggravating the stress on the sector which is already reeling under the impact of artificial intelligence.
With policy certainty & AI push, Budget signals India's tech moment, says Nasscom
The consolidation of software development services, IT-enabled services, KPO and contract R&D relating to software development into a single category of IT services with a uniform safe harbour margin of 15.5 per cent, alongside enhancement of the Safe Harbour eligibility threshold to Rs 2,000 crore (from Rs 300 crore), materially expands access to certainty mechanisms for routine cross-border IT service models, it said.
Microsoft India president Anant Maheshwari appointed Nasscom chairperson
Nasscom also announced the appointment of Rajesh Nambiar, chairman and managing director of Cognizant India as its vice-chairperson for 2023-24.
Nasscom Foundation announces programme for social innovators
Nasscom said it has partnered with Genpact and Mphasis to provide a seed grant of Rs 60 lakh to early stage enterprises that focus on creating sustained social impact.
Nasscom signs MoU with Symantec to develop skilled cyber security professionals
The initiative will facilitate internships and placement of certified candidates, and train young adults and women in cyber security.
Murthy's insights valuable for Infosys, industry: NASSCOM
NASSCOM today welcomed re-appointment of N R Narayana Murthy as Infosys Executive Chairman, saying his insights would be valuable
iSpirt: 30 Nasscom members may have good reasons for forming the think tank
The Nasscom executive council is the supreme decision-making body, not the past-chairmen club
NASSCOM partners with NIIT to enhance IT-ITeS skills of graduates
NASSCOM has signed MoU with NIIT for three years to offer enhanced training programmes to students through its training campuses.
NIIT in pact with Nasscom to train 1 lakh students over 3 yrs
IT firm NIIT today said it has partnered with industry body Nasscom to train over one lakh students in three years.
NASSCOM, SIDBI ink partnership for MSME development
As part of the MOU, both the parties will aim to coordinate the synergies in their activities to achieve this objective, NASSCOM said in a statement today.
Nasscom's Som Mittal gets a tenure extension till 2014
The tenure of Nasscom President Som Mittal was term extended on Monday by almost two years till 2014, by the executive council of the association which met in Chennai.
'Indian IT industry paid $15 bn in taxes to US govt in 5 yrs'
Also, Indian technology cos have invested more than $5 bn through 128 acquisitions saving and sustaining thousands of jobs in US, report added.
Obama's statement has nothing to do with outsourcing: Nasscom
Undaunted by US President Barack Obama's Bangalore-Buffalo remark, the domestic IT industry on Wednesday said the comments had nothing to do with outsourcing or with India.
NASSCOM seeks expedited spending of funds on IT projects
The National Association of Software and Services Companies (Nasscom) Monday urged the government to expedite spending of allocated funds on IT projects to stimulate the domestic market.
Nasscom snubs Minister, says don't demean BPO staff
Nasscom wants government to stay away from the personal life of BPO employees who can manage their lives without political interference. Movie magic at workplace
Nasscom presses search button for next president
Nasscom, the apex association for IT software and services, on Thursday said that it has initiated a search process to find the successor to the current president Kiran Karnik. It has roped in agency Korn Ferry for the search.
Karnik to exit Nasscom
Raw treatment meted out to Indian information technology sector by Union Finance minister P Chidambaram in his Annual Budget 2007 seems to have taken a toll upon the main lobbying body for Indian software, Nasscom with its president Kiran Karnik bowing out of office.
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