India's GDP could reach USD 5 trillion provided there is consistent growth in manufacturing, services and agricultural sectors, Suresh Prabhu said.
In a bid to provide mentorship in design and entrepreneurship for software companies, Nasscom in association with Facebook launched "Design4India Studio".
Kotak Mahindra Bank (Kotak) launched a co-creation programme for start-ups and fintechs in association with Nasscom.
The Nifty gained 0.4 percent for the week to end at 10,491 while the mid- and small-cap indexes underperformed and fell 0.2 percent.
The US Administration's latest move on issuing H-1B visas to software engineers will not make much difference to Indian IT firms, said the apex industry body Nasscom.
The Nasscom signed MoU with Canada's Blockchain Research Institute (BRI) to develop skill sets for blockchain adoption and deployment in India.
Nasscom, in partnership with the Telangana government, will establish a Centre of Excellence for Data Science and Artificial Intelligence here, it was announced.
Nasscom projected a flat growth revenue scenario for the industry in FY19, clipping at 7-9 per cent over FY18.
PM Modi said disruptive technologies such as blockchain and IoT will have a deep impact on the way "we live and work", and "rapid adaptation" at our workplaces.
Prime Minister Narendra Modi launched Nasscoms platform FutureSkills for skill development in eight varied technologies.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months