August 05, 2020 12:47 (IST)
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Shivraj Singh Chouhan recovers from Covid-19, discharged from hospital | Mamata posts cryptic tweet on Ram Mandir's 'Bhoomi Pujan' day, Guv Dhankhar accuses CM of appeasement politics | West Bengal's COVID-19 tally breaches 80,000 mark with highest-ever jump of 2752 cases, 54 deaths in last 24 hours | Pakistan's new political map including entire J&K is political absurdity: India | Theatre personality Ebrahim Alkazi passes away at 94

Airbus leverages Indian talent, inaugurates 500-person, nature-inspired IT facility in Bengaluru

Kolkata / Bengaluru, Sept 4 (IBNS): Airbus India has inaugurated a 500-person, state-of-the-art office in Bengaluru to help advance the group’s fast-expanding information technology and digital capabilities across its global operations.

Cabinet approves expenditure sanction for integrated e-filing and centralized processing centre 2.0 project

New Delhi, Jan 16 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for Integrated E-filing &Centralized Processing Center 2.0 Project of the Income Tax Department.

Direct Tax collections for F.Y. 2018-19 up by 14.1%: Officials

New Delhi, Jan 7 (IBNS): The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year, official data released on Monday said.

Infosys Foundation to build center for handling cybercrime investigation

Kolkata / Bengaluru, Oct 3 (IBNS) IT major Infosys Foundation, the philanthropic arm of Infosys,on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with the Criminal Investigation Department (CID) of Karnataka Police and Data Security Council of India (DSCI) towards setting up the Centre for Cybercrime Investigation Training & Research (CCITR) in Bengaluru, Karnataka.

US commitment on improving IT market access big positive for India, says ASSOCHAM

New Delhi, June 28 (IBNS): ASSOCHAMon Wednesday welcomed the India-US joint statement following the meeting of Prime Minister Narendra Modi with President Donald Trump, stating the mutual commitment to increasing market access in Information Technology and other sectors is a big positive for the USD 150 billion Indian software and services industry.

Rentals easing in IT hubs on subdued sentiment: ASSOCHAM study

New Delhi, June 28 (IBNS): With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents over the next three quarters, according to an ASSOCHAM paper.

Automation to take centre-stage at this year’s Business-IT Conclave organised by The Bengal Chamber of Commerce and Industry

Kolkata, May 24 (IBNS): The Bengal Chamber of Commerce and Industry organised the eighth edition of its annual Business-IT Conclave, this year themed on “Bridging Automation And Society”, at Hyatt Regency in Kolkata.

Devise back up minimum income schemes for those losing jobs due to automation: ASSOCHAM-PwC Paper

New Delhi, Apr 30 (IBNS): With the Indian IT and other industries facing some of the daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a strong case for government –industry schemes which ensure a minimum income to those displaced , along with basic health facilities for the families in stress.

Gartner says worldwide IT spending forecast to grow 1.4 percent in 2017

New Delhi, Apr 10 (IBNS): Worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 percent increase from 2016, according to market research firm Gartner, Inc.

Adhaar will help to stop tax evasion: Arun Jaitley

New Delhi, Mar 22 (IBNS): Union Finance Minister Arun Jaitley said that the new law of making Adhaar card mandatory for filing income tax returns will help to stop tax evasion, in Lok Sabha on Wednesday.

MSR Group inaugurates new R&D and support centre in Kolkata

Kolkata, Mar 18 (IBNS): The new R&D and support centre of IT major, MSR Group, was launched on Saturday by Rajya Sabha MP Pradip Bhattacharya, MMIC, Parks & Gardens, Kolkata Municipal Corporation Corporation, Debashish Kumar and Principal Commercial Officer of US Consulate, Kolkata, Jonathan Ward, an official release stated.

Verification of high value suspicious declarations made under the IDS 2016 , says govt

New Delhi, Dec 4 (IBNS): An Income Declaration Scheme (IDS) was announced in the Union Budget 2016-17 under which declaration of undisclosed income or asset could be made by agreeing to pay forty five percent (45%) of the declared amount as tax, surcharge and penalty.

Gartner says IT spending in the banking and securities Industry in India to reach $7.8 billion in 2017

New Delhi, Oct 28 (IBNS): IT spending by banking and securities firms in India will reach $7.8 billion dollars in 2017, an increase of 8.6 percent from 2016, according to Gartner, Inc.

Motor vehicle dealers must quote PAN: IT department

Kolkata, Sept 7 (IBNS): At a conference organized Aug 29 by the Directorate of Income Tax (Intelligence and Criminal Investigation) Kolkata, Director S S Rana said that the quoting of PAN is mandatory for every purchase or sale of a motor vehicle other than a two-wheeler, under the new rules of the IT Act.

Commerzbank selects Infosys to renew its investment banking IT landscape

Frankfurt, May 23 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Monday announced that it has won a five-year contract with Commerzbank, the second largest bank in Germany.