Page 2 - Information Technology

'India Stack' conference to showcase our innovations to the world: MoS IT

The India Stack is widening access to financial services in an economy where retail transactions are heavily cash-based

Google cuts add to tech wipeout that has claimed over 100,000 jobs

Big tech companies benefitted from boom in e-commerce sector that kicked off during Covid lockdowns in 2020 but now they are reporting declining growth rates as customer behavior returns to normal

Govt alone cannot determine fake news, says Editors Guild of India

The Guild said that already multiple laws exist to deal with content that is found to be factually incorrect

Gaming firms recommend self-declaration mechanism, graded KYC to MeitY

The ministry is also expected to release some guidelines to prevent a conflict of interest for the board of SRO soon

India team a core innovation engine across Applied Systems: CTO Belanger

India offered a large base of talented and capable engineers, said Rich Belanger, Chief Technology Officer (CTO) of Illinois-based Applied Systems

Nadella advocates tech for inclusivity; says Microsoft committed to India

Microsoft Chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools. "Looking at what you all have done, your passion, imagination and ingenuity is truly inspiring. One of the things that keeps me grounded is seeing our mission in action," Nadella said. Microsoft's top boss further said the Wednesday's event underlined that technology and economic growth are not an end, rather a "means to an end that we all aspire for." He urged the participants to think of growth in term

GACs to have wider scope, will hear all types of grievance appeals

MeitY had stated there was a need to set up GACs as grievance officers hired by the platforms often did not address issues satisfactorily

Brokerages pick banks, infra and telecom for 2023 play; IT, metals may drag

The banking sector was a standout performer in 2022 with the Nifty PSU Bank rallying almost 70 per cent

No proposal before govt to lower threshold for generating e-invoice: CBIC

The CBIC on Monday said there is no proposal before the government to lower the threshold from January 1 for mandatory generation of e-invoices. Currently, businesses with a turnover of Rs 10 crore and above are required to generate an electronic invoice for all B2B transactions. "There is no proposal before the Government, at present, to reduce this threshold limit to Rs 5 crore with effect from 01.01.2023, as no such recommendation has been made by GST Council as yet," the Central Board of Indirect Taxes and Customs (CBIC) tweeted. The tweet came after media reports in some quarters said that though GST Council has recommended reducing the threshold for the generation of e-invoices to Rs 5 crore with effect from January 1, 2023, the government has yet to issue a notification on the matter. Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with a turnover of over Rs 500 crore from October 1, 2020, which

Software exports from Technopark grow 15% to touch Rs 9,775 crore

IT exports from the Technopark campus in Thiruvananthapuram grew 15 per cent to touch Rs 9,775 crore for fiscal 2021-22 fiscal, according to the figures released on Wednesday

To ease debt, L&T looks to offload Nabha Power, pare Hyd Metro stake

The objective is to reduce the Rs 18,000-crore debt on the books of these firms, said D K Sen, whole-time director and senior executive vice-president (development projects), L&T

BS BFSI Insight Summit 2022: Who's leading the way in banking technology?

From Ranjeeth Bellary, Partner, EY Forensic & Integrity Services to Rajsri Rengan, HoD - Banking & Payments, India & Philippines, FIS here are panelists who will speak on Technology in Banking

Paytm, Nykaa: Will 2022's bloodbath in new-age stocks continue in 2023?

Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022

Infinite Solutions to invest Rs 500 cr for IT campuses in Noida, Lucknow

Uttar Pradesh government delegation led by state Finance Minister Suresh Khanna met with Chairman, of Infinite Computer Solutions Sanjay Govil on Tuesday in New York

IT rule tweak likely if social media firms abuse power: Chandrasekhar

The latest stance by the minister follows a series of confrontations between the government and Twitter over the moderation of user-generated content on the platform

Centre allows 100% WFH for IT units in SEZs till December 31, 2023

The new rule states that a unit will have to only maintain the lists of employees who are allowed to follow WFH or from any place outside SEZs

HCLTech joins hands with Intel and Mavenir for enterprise 5G solutions

The three will develop cloud-native E2E architecture of an Intel Xeon processor-based 5G solution, leveraging Mavenir RAN, Intel SmartEdge, and HCLTech's management and automation services

OpenAI announces ChatGPT chatbot: What is it, how it works, and limitations

ChatGPT is an AI chatbot based on GPT-3.5 series of natural language model, which can understand human language and responding in human-like language

IT sector may be ripe for cherry picking; analysts more positive on Infosys

Investors though should be selective; analysts more positive on Infosys and Persistent Systems

Nasscom hails draft data protection bill for dropping contentious rules

Provisions on non-personal data, criminal penalties, hardware certification scheme, and statutory data residency requirements among those axed