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Steps Being Taken for Growth of the IT Industry: MD PSEB

Steps Being Taken for Growth of the IT Industry: MD PSEB Osman Nasir, Managing Director, Pakistan Software Export Board (PSEB) has stated that Pakistan’s IT industry has reached an important milestone in its journey. Osman Nasir announced in a statement that the present government is taking all the possible steps to ensure a long-term IT industry growth trajectory and to facilitate its exports which are already tax-exempt. ALSO READ Measures are being undertaken to develop the IT industry ecosystem in the secondary and tertiary cities of Pakistan. In this context, the PSEB registration fee for the IT and ITeS companies, including the call centers and IT startups that are based in the underserved areas has been waived off for one year, and will include all other areas apart from Islamabad, Lahore, Faisalabad, Sialkot, Rawalpindi, Peshawar, and Karachi.

Mindtree reports third quarter FY21 results with broad-based revenue growth of 5 0% q-o-q in USD, EBITDA margin at 23 1% and PAT margin at 16 1%

Share this article Share this article WARREN, N.J. and BANGALORE, India, Jan. 18, 2021 /PRNewswire/ Mindtree, a global technology services and digital transformation company guiding its clients to achieve faster business outcomes, announced its consolidated results today for the third quarter ended December 31, 2020, as approved by its board of directors. Our third quarter has by far been the best performing in recent years backed by broad-based revenue growth of 5.0% across our verticals and service lines, robust margin expansion of 350bps, and a healthy order book of $312 M, said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. We are witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities. We continue to capitalize on the evolving market dynamics with solutions that help enterprises navigate the new normal and grow their businesses. Thanks to the strategic focus and hard wor

From the city of Subah Subah Gyarah Baje to IT-Hub of India

From the city of ‘Subah Subah Gyarah Baje’ to IT-Hub of India By News Desk|   Updated: 12th January 2021 5:28 pm IST The first Computer in the world , ENIAC and Apple s latest smartphone iPhone 11 Amir Ullah Khan Before the era of optical fibre cables and high-speed Digital Subscriber Lines (DSL) or even freely available landlines, the IT industry in Hyderabad technically started with a satellite and line-of-sight high-speed microwave link. It started with J A Chowdary (JAC), whose vision helped create a miracle in our city. In a sleepy town where scheduled meetings usually happened at ‘Subah-Subah-Gyarah-Baje’ (Early in the morning at eleven am), an Indian technocrat mustered up the audacity to change shape-up the fortunes of a four-hundred-year-old city which went sleepy post-Indian Independence.

UP govt to establish IT parks in all divisions

UP govt to establish IT parks in all divisions Lucknow, Jan 10 (UNI) As the current era of information and communication technology (ICT) gains significance in different walks of life, especially in industries and business sectors, the Uttar Pradesh government has decided to establish IT and Software Technology parks across the state, a senior government official said here on Sunday. According to Additional Chief Secretary of IT and Electronics Alok Kumar, under the state s IT and Startup policy of 2017, the state government will set up IT parks in all divisions of the state, in collaboration with the Software Technology Parks of India (STPI), a Government of India entity.

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