Indian IT companies contributed $57.2 billion to US GDP in 2017: India's Ambassador to US

Indian IT companies employ more than 175,000 workers in the US accounting for 8.4 per cent of employment in the sector.

from Tech-Economic Times https://ift.tt/2KcAuGk

Mindtree names ex-Cognizant executive as new CEO

The company also said S N Subrahmanyan, CEO of Larsen & Toubro Ltd (L&T), would be appointed as non-executive vice chairman.

from Tech-Economic Times https://ift.tt/31c9Pz0

Biz in China not easy: IT cos to Piyush Goyal

The companies flagged the issue of high taxes in China, where various levies on provident fund, medical, pension and unemployment add up to a staggering 44%.

from Tech-Economic Times https://ift.tt/2YAmf6a

Huawei CBG plans retail presence in tier-2 and 3 cities in 3 years

The company claims to have presence across 800 retail stores in metros at present.

from Tech-Economic Times https://ift.tt/2Kh2yXP

IBM shifts software portfolio to cloud-native, rolls out Red Hat OpenShift

IBM said this transformation would majorly help clients move their core business applications to cloud securely.

from Tech-Economic Times https://ift.tt/2ZqyG1p

TCS launches new platform for life sciences companies

An exchange note by TCS said that the new platform consolidates data currently residing on multiple systems within the enterprise into a central knowledge repository.

from Tech-Economic Times https://ift.tt/31fmKjL

IT companies challenge government's plan to brand BPOs as brokers & GST in court

Government wants to slap 18% GST on certain services exported by some IT/ITES cos

from Tech-Economic Times https://ift.tt/2Kk1NwS