Sector Software & Services - Latest news, views and updates

SECTOR | 06 May 2025

Parl panel seeks action plan against 'anti-national' social media platforms

Business Standard

A parliamentary panel has sought details from two key ministries overseeing information flow on the action they have planned against social media platforms and influencers who "seem to be working against national interest", following the Pahalgam terror attack. The parliamentary Standing Committee on Communications and Information Technology, headed by Bharatiya Janata Party (BJP) MP Nishikant Dubey, has noted that some social media influencers and platforms in the country seem to be working against national interest, which is likely to incite violence, sources said. The committee, in a communication to the ministries of Information and Broadcasting and Electronics and Information Technology, has sought details of the "contemplated action to ban such platforms under IT Act, 2000 and Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021". The letter, the sources said, has been sent to the secretaries of the two ministries and they have been asked

Software & Services

SECTOR | 01 May 2025

Cognizant Q1 Results: Revenue Up 7.4% At $5.1 Billion; FY25 Growth Guidance Raised

NDTV Profit

The company has raised its full-year growth guidance to 3.9-6.4%, from 2.6-5.1% earlier.

Cognizant to recruit 20,000 freshers in 2025 amid AI, services push

Business Standard | 01 May 2025 3 more

Software & Services

SECTOR | 26 Apr 2025

India, US in continuous dialogue on bilateral trade deal: MoS Jitin Prasada

Business Standard

India and the US have a continuous dialogue and communication on the bilateral trade deal and the first tranche is set to roll out by fall this year, Minister of State for the Ministry of Commerce & Industry and the Ministry of Electronics & Information Technology Jitin Prasada said. Prasada made these remarks while addressing members of the Indian-American community at an interactive session organised by the Consulate General of India in New York on Friday. India and the US share a great relationship, and there is continuous dialogue and communication between both countries. The last dialogue that Prime Minister (Narendra) Modi and President (Donald) Trump had, the formalities and modalities of the bilateral trade agreement have been worked out, and by September, this fall, you will see the first tranche of our programme and policies, Prasada said. At the beginning of the event, a moment of silence was observed to pay respects to the victims of the Pahalgam terror attack in ..

Software & Services

SECTOR | 25 Apr 2025

India backs tech democracy, offers to share its DPI with the world

Business Standard

India said it is expanding its Digital Public Infrastructure ecosystem into areas such as agriculture and smart cities and stands ready to share successes with the international community, as UN leaders commended the country for its leadership in investing in this domain. Minister of State for the Ministry of Commerce & Industry and the Ministry of Electronics & Information Technology, Jitin Prasada, said that the Indian DPI success story is a showcase to the world. "DPI is all about empowering citizens, good governance, inclusive and sustainable growth at the societal level. The future will not be built by machines alone but by the choices we make about how technology serves humanity, Prasada said in his keynote address at the event organised by India's Permanent Mission to the UN at the world body's headquarters on Thursday. Prasada added that looking forward, India is expanding its DPI ecosystem into agriculture, logistics, smart cities and more. "The next wave will...

Software & Services

SECTOR | 25 Apr 2025

AI helps contact centre agents in being more productive, says Genesys Chief Product Officer

Business Line

We don't see seat compression in BPO yet due to AI but it may happen in the future, says Genesys Chief Product Officer Olivier Jouve

Software & Services

SECTOR | 21 Apr 2025

Cognizant Expands Partnership With Docusign To Provide Intelligent Agreement Management Solutions

NDTV Profit

The partnership aims to advance the Docusign intelligent agreement management platform and deliver intelligent and efficient solutions to customers.

Software & Services

SECTOR | 18 Apr 2025

Bihar cadre IAS Pathak made additional secy; Bhuvnesh Kumar to head UIDAI

Business Standard

Senior IAS officer of Bihar cadre Keshav Kumar Pathak has been appointed as Additional Secretary in the Cabinet Secretariat as part of a major senior-level key bureaucratic changes announced by the Centre on Friday. Pathak, a 1990 batch Indian Administrative Service (IAS) officer, is presently the chairman of Bihar Revenue Board. The Appointments Committee of the Cabinet has approved his appointment as Additional Secretary, Cabinet Secretariat, by temporarily upgrading a vacant post of Joint Secretary, a Personnel Ministry order said. His cadre mate N Saravana Kumar, a 2000 batch IAS officer, has been appointed as Vice Chairman, Delhi Development Authority (DDA), it said. Senior bureaucrat Bhuvnesh Kumar has been named as Chief Executive Officer, Unique Identification Authority of India (UIDAI), the order said. A 1995 batch IAS officer of Uttar Pradesh cadre, Kumar is Additional Secretary, Ministry of Electronics & Information Technology (MeiTY). Amitesh Kumar Sinha, a 1997 batc

Software & Services

SECTOR | 18 Apr 2025

Cognizant CEO Ravi Kumar's compensation dropped 25% to $16.8 mn in 2024

Business Standard

Kumar, who joined Cognizant two years ago after a long stint with rival Infosys, earned about $1.2 million in salary, which was up 24.2 per cent

Software & Services

SECTOR | 16 Apr 2025

DLF Sells Kolkata IT-ITeS SEZ For Rs 693 Crore

NDTV Profit

The deal includes freehold land parcel admeasuring about 25.90 acres along with DLF Tech Park, which has a gross leasable area of about 10,54,357 square feet.

Software & Services

SECTOR | 16 Apr 2025

Cognizant files 5-point argument urging Texas court to dismiss Infosys' counterclaim

Business Line

Cognizant's filing was in response to Infosys' claim that the US-based software company was using its monopoly to block its healthcare platform Helix from competing against Cognizant's TriZetto Software Group