Indian It Sector
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Indian IT firms not ready for European Union's proposed privacy laws, only a few compliant with GDPR
Fp Staff •Only a third of Indian IT firms are compliant with the European Union's General Data Protection Regulation (GDPR), which will come into force on 25 May
Outlook for Indian IT sector in 2018 cautiously positive, says Nasscom president
•Outlook for the Indian information technology (IT) sector is 'cautiously positive' in 2018 as challenges remain amidst prospects of greater IT spending with global and US economies improving, industry body Nasscom said
Trump govt not to change H-1B visa rules: Time Indian IT firms looked at changing business model, focus on acquisitions, say experts
Sulekha_nair •Lack of employment opportunities is a reality that hits political constituencies and most leaders take cognizance of it and are out with an appeasement policy.
H-1B visa: US lacks skilled talent, can't afford en masse deportation of Indian IT employees, says Mohandas Pai
Sulekha_nair •The proposed changes in H-1B visas would have a dramatic effect, particularly on India considering more than half of all H-1B visas have been awarded to Indian nationals
Indian IT cos expect layoffs, shrinking job market in next six months: Survey
•The IT industry is looking at adjusting the talent pool, considering major hiring in junior and mid levels while contemplating layoffs in the senior slab, the survey of 500 Indian IT employers across India said.
Sweden to emerge as a potential market for Indian IT-Sector
Ians •Sweden is set to emerge as a potential market for the Indian IT-BPM sector, a new report said on Thursday.
H1-B visa: India touch with US on the issue, says government
•MoS for MEA V.K. Singh says the government is closely engaged with the US on issues related to the mobility of Indian skilled professionals, including H1B visa
Donald Trump can be a blessing in disguise for IT players: Mukesh Ambani
•"Trump can actually be a blessing in disguise. The domestic IT industry can focus on solving problems right here, which is a huge market," Ambani told the three-day Nasscom leadership forum that opened here today.
Narayana Murthy wants Indian IT to stop using H1-B, step up local hiring
•NR Narayana Murthy also warned that becoming multi-cultural is a very, very hard option. "It's not easy," he said
US election 2016: How the outcome will impact Indian rupee, equities, trade
Fp Staff •A resurgence of risk-aversion sentiment globally will impact emerging market currencies in general and expose rupee to potential pressure