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BPM EXPORTS
Global Markets: European shares edge higher with banks in the lead; the Middle East in focusEuropean markets saw a rise on Tuesday. Banking stocks led the gains, with Italian lenders drawing attention. Tech stocks stabilized after ...- FICCI FLO annual session: Empowering 16 lakh women for Viksit Bharat 2047The organization focused on entrepreneurship, skilling, and livelihood creation. A new report was released detailing gender diversity chall...
- Govt's various policy initiatives to provide big stimulus for growth of IT-BPO industry: SurveyThe document noted that IT and IT-enabled service companies carrying out services like telemedicine, e-commerce, call centre, network opera...
- Nasscom hails GST Council's clarification on scope of 'intermediary services'Nasscom also welcomed the decision of the Council to clarify that subsidiaries or group companies (companies incorporated in India) will be...
- Bengaluru sees 8% CAGR in rental growth over last decade; NCR, MMR remain flatBengaluru also leads the pack of IT-BPM office spaces with about 162 million sq.ft. at the end of 2020, followed by Delhi NCR and Mumbai at...
- FDI in technology sector saw a 336% rise in Apr-Sep 2020: Economic SurveyComputer software and hardware as a sector accounted for over 74% of total FDI inflows in the broader services sector in 2019-20, the surve...
- Indian IT-BPM sector saw recovery in revenue growth at 7.9% in FY20: Economic Survey 2020-21The Survey noted that the IT-BPM sector (excluding Hardware and e-commerce) had seen growth rates of 8.2% in 2017-18, 8.1% (2016-17) and 9....
- A dispute on definition of "intermediary" puts $147 bn IT sector in a tax quandaryThe country's $147 billion IT and ITeS industry, including the back offices of several multinationals such as Genpact and WNS Global, has s...
- Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: SurveyOf the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engi...
- BPO firms with Indian operations have a 3-step plan to manage anti-offshoring waveThe deeper truth for Brown’s constituency — it’s not any one country taking away US jobs. It is technology, specifically, the automation of...
- BPO industry adds lowest number of jobs in 7 years: ReportExperts attribute the fall in numbers to focus on efficiencies and march of technology in firms once known just for call center operations.
- Nasscom pegs IT-BPM exports growth rate at 7-8 per cent for FY17-18The guidance numbers that are usually out in the month of February were deferred to the first quarter of this financial year citing geopoli...
- India holds its global edge in BPM sector with $28 billion revenueWith a share of over 25% of total IT-BPM exports, the industry added 49,000 employees to its workforce, at a rate of 4.7%, taking the total...
- Economic Survey 2016: Protectionism impacting $143-bn India's IT-BPM sectorAccording to the report, tabled in Parliament by Finance Minister Arun Jaitley, the "alarming trend" of increased protectionism results in ...
- Nasscom maintains $50 billion target for business process management sectorAccording to rankings released by Nasscom, Genpact latched onto its top position in the BPO sector ahead of Tata Consultancy Services.
- Economic Survey 2015: India 4th largest startup hub in world, hyper-growth in technologyThe survey also added that Information Technology (IT) and IT -enabled Services (ITeS) makes up the single largest contributor to India's S...
- Economic Survey 2015: IT & ITes sector continues to be one of India's largest employersNASSCOM pegs the revenue of the IT-BPM industry at $119-bn grew by 12% in 2014-15 with export market alone making up almost $100 billion.
- BPM industry could double revenue growth to $42-50 billion by 2020: Nasscom Prez R ChandrashekharThe BPM industry has potential to double its revenue growth to $42-50 billion and employ 2 million people by 2020, Nasscom President R Chan...
- Domestic market should contribute more to Indian IT revenues: R Chandrashekhar, NasscomNasscom today said the low contribution of domestic market to the revenues of Indian IT sector is "worrying" and steps should be taken to i...
- Indian IT-BPM industry to add revenues of $13-14 billion in FY15: NasscomThe IT outsourcing sector is expected to see exports growing 13-15 per cent in the fiscal year starting in April.
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