Tag: Information Technology (IT)

Indian BPO export growth outpaces IT services, trend to sustain in FY2026: Report

The global BPO services market is likely to report a CAGR of 3.9 per cent over CY 2024-29E to USD 268 billion by CY2029E.

August 24, 2025

Muted Outlook for Indian IT Sector: Revenue Growth Likely to Remain Flat at 0–2% in FY26, Says CareEdge Ratings

The report noted that macroeconomic headwinds have led to clients delaying or deferring discretionary tech projects, dampening overall industry momentum.

July 24, 2025

RBI imposes monetary penalty on three NBFCs for non-compliance with directives

On September 4, 2024, SMFG India Credit Company Limited (formerly known as Fullerton India Credit Company Limited) was fined Rs 23,10,000 for violating RBI's Information Technology (IT) and cybersecurity guidelines.

September 14, 2024

India’s Data Centre boom to drive USD 5.7 billion investments by 2026: JLL

The report highlights that India's data centre industry will add 791 MW capacity by 2026 and this expansion will lead to a demand of 10 million sq. ft of real state space.

May 24, 2024

India will be fabricating 300 crore semiconductor chips in a year: IT Minister

The first India-made chip from the Rs 22,500 crore Micron semiconductor plant in Gujarat is set to arrive in December this year.

March 2, 2024

$300 bn electronics production in few years a realistic, achievable target: IT Minister

India has become the second-largest manufacturer of mobile phones in the world (in volume terms).

February 10, 2024

AI will be at the forefront of smartphone tech transformation: Industry

Madhav Sheth, CEO of homegrown company HonorTech, said that the smartphone industry is evolving at a rapid pace, and AI is at the forefront of this transformation.

January 3, 2024