Talking to Business Today, Mohandas Pai, who is currently the chairman of Aarin Capital, a proprietary venture fund, said that while Indian IT companies are earning good money, they are paying their senior members more, at the cost of freshers.
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Revival in job market: January sees 50% rise in vacancies over December
Vaccination drive against COVID-19 and improving economic indicators has enthused employers to recruit. This was evident in a survey which showed job openings increased almost 50 per cent in January as compared to December. Vacancies in January rose to 265,000 from 180,000 in December, according to Xpheno s Active Job Outlook survey.
COVID-19 vaccine: Russia s Sputnik V may be approved by India in next few weeks
India may approve Russia s Sputnik V vaccine for COVID-19 in the next few weeks, says India s Ambassador to Moscow. The vaccine is currently undergoing Phase 3 trials in India. Dr Reddy s Laboratories had collaborated with the Russian Direct Investment Fund (RDIF) in September 2020 to conduct clinical trials of Sputnik V as well as for its distribution.
Indian IT industry adds $4 billion in pandemic year, IT services near $100 billion in size
Nasscom s strategic review report states overall IT revenues grew to $194bn while IT exports grew 1.9% to $150bn in FY21. Domestic IT demand also saw a 3.4 percent uptick in demand led by hardware
Rukmini Rao | February 15, 2021 | Updated 19:01 IST
IT exports now stand at $150bn compared to $147bn last year
Ahead of the National Technology Leadership Forum summit, the National Association of Software & Services Companies (Nasscom) released its annual summation of the IT industry performance for FY21. According to the report, despite a global pandemic and initial uncertainty the industry registered an overall growth of 2.3 percent with revenues growing from $190bn last year to $194 bn this year. While IT exports now stand at $150bn compared to $147bn last year, domestic demand also grew from $43bn last year to $45 bn this year. Out of the total revenues of the industry, the hardware segment
Indian IT industry adds $4 billion in pandemic year, IT services near $100 billion in size
Nasscom s strategic review report states overall IT revenues grew to $194bn while IT exports grew 1.9% to $150bn in FY21. Domestic IT demand also saw a 3.4 percent uptick in demand led by hardware
Rukmini Rao | February 15, 2021 | Updated 19:01 IST
IT exports now stand at $150bn compared to $147bn last year
Ahead of the National Technology Leadership Forum summit, the National Association of Software & Services Companies (Nasscom) released its annual summation of the IT industry performance for FY21. According to the report, despite a global pandemic and initial uncertainty the industry registered an overall growth of 2.3 percent with revenues growing from $190bn last year to $194 bn this year. While IT exports now stand at $150bn compared to $147bn last year, domestic demand also grew from $43bn last year to $45 bn this year. Out of the total revenues of the industry, the hardware segment