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BUSINESS IS GOOD: Kiran Karnik sees huge see huge prospects of growth.

BUSINESS IS GOOD: Kiran Karnik sees huge see huge prospects of growth.

IT's a milestone: sector earns $50 bn

IT software and services set a growth target of 24-27 percent this fiscal after earning $39.6 bn last year.

COLLABORATING TECHNOLOGY: NASSCOM Prez Kiran Karnik welcomed the MoU between DRDO and inudstry body.

IT hub team up with defence research

NASSCOM has signed a Memorandum of Understanding with DRDO to strengthen its collaboration with the Indian IT industry.

http://www.ibnlive.com/news/it-hub-team-up-with-defence-research/42828-7.html

AMERICAN DREAM: H-1B visas are beneficial to both, US and Indian companies, says NASSCOM.

H-1B benefits both US, India: Nasscom

Indian IT lobby has come out strongly against US senators' alleging that nine Indian IT firms have misused H-1B visa facility.

http://www.ibnlive.com/news/h1b-benefits-both-us-india-nasscom/41789-7.html

VISA ROW: NASSCOM says H1B visas have nothing to do with US job losses.

India not abusing H1B visas: NASSCOM

NASSCOM has refuted claims made by some US senators that Indian IT companies are abusing H1B visas.

http://www.ibnlive.com/news/india-not-abusing-h1b-visas-nasscom/41725-3.html

UNDER THE MAT: Taxes in this year

BPOs lose sleep over tax on ESOPs

After MAT, Indian outsourcing industry is now afraid of losing jobs to countries where govts are giving tax breaks.

http://www.ibnlive.com/news/bpos-lose-sleep-over-tax-on-esops/36596-15.html

TROUBLED TIMES: Cases of fake CVs and serial job hoppers in sectors like IT and banking are common.

India Inc to weed out job hoppers

Industry captains got together to discuss ways to hunt for the the right talent and weed out the bad for organisations.

http://www.ibnlive.com/news/india-inc-to-weed-out-job-hoppers/35650-7.html

MIXED REACTION: NASSCOM flays MAT extension but welcomes the thrust on education.

NASSCOM criticises MAT extension

A change proposed with regard to ESOPs is not in keeping with international practice, said NASSCOM.

http://www.ibnlive.com/news/nasscom-criticises-mat-extension/34800-7.html

HUGE POTENTIAL: BPOs have the potential to reduce costs by 20-30 per cent.

BPO, IT have more potential: Study

Potential for BPOs to reduce costs by 20-30 per cent and IT services companies to increase EBIT margins by 3-6 per

http://www.ibnlive.com/news/bpo-it-have-more-potential-study/32581-7.html

GENDER EMPOWERMENT: NASSCOM announces awards for gender empowerment practices.

IT lobby to encourage gender equity

Indian companies are proactively creating an environment of inclusion to attract and retain women employees.

http://www.ibnlive.com/news/it-lobby-to-encourage-gender-equity/28499-7.html

TAX FREE: The industry lobby says another tax break will help the sector.

10-yr-tax break urged for STPs

Exemption for software technology parks will enable IT companies to adapt to SEZ framework, says NASSCOM.

http://www.ibnlive.com/news/10yrtax-break-urged-for-stps/28322-7.html

BOOMING IT: The demand for trained professionals would increase in IT sector.

Wanted: 5 lakh IT men in 3 years

The IT sector in India will add 5 lakh new jobs in the coming three years. That’s what the NASSCOM report predicts.

http://www.ibnlive.com/news/wanted-5-lakh-it-men-in-3-years/25743-7.html

TESTING TIME: A bad grade could mean that BPOs looking for English speaking workers will not hire you.

One task you just can't outsource

NASSCOM has come up with a common entrance exam now to test soft skills of people who want to work in BPOs.

http://www.ibnlive.com/news/one-task-you-just-cant-outsource/25233-7.html

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