India's GDP could reach USD 5 trillion: Suresh Prabhu

Mar 15 2018

India's GDP could reach USD 5 trillion provided there is consistent growth in manufacturing, services and agricultural sectors, Suresh Prabhu said.

Nasscom, Facebook launch 'Design4India Studio' in Bengaluru

Mar 12 2018

In a bid to provide mentorship in design and entrepreneurship for software companies, Nasscom in association with Facebook launched "Design4India Studio".

Kotak Mahindra Bank, Nasscom launch joint start-ups platform

Mar 07 2018

Kotak Mahindra Bank (Kotak) launched a co-creation programme for start-ups and fintechs in association with Nasscom.

India Markets Weekahead: Time to hunt for bargains

Feb 26 2018

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.

New US H-1B norms won't make much difference: Nasscom

Feb 23 2018

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.

Nasscom, BRI tie-up to develop skills for blockchain adoption

Feb 21 2018

The Nasscom signed MoU with Canada's Blockchain Research Institute (BRI) to develop skill sets for blockchain adoption and deployment in India.

Nasscom's Centre of Excellence on DS&AI to come up in Hyderabad

Feb 20 2018

Nasscom, in partnership with the Telangana government, will establish a Centre of Excellence for Data Science and Artificial Intelligence here, it was announced.

IT industry to see flat growth in FY19 too: Nasscom

Feb 20 2018

Nasscom projected a flat growth revenue scenario for the industry in FY19, clipping at 7-9 per cent over FY18.

PM stresses on rapid adaptation of emerging tech at workplaces

Feb 19 2018

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.

PM Narendra Modi launches Nasscoms FutureSkills platform

Feb 19 2018

Prime Minister Narendra Modi launched Nasscoms platform FutureSkills for skill development in eight varied technologies.

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Stocks In News



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

Mint Reports


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

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