India's corporate tax structure is now globally competitive! Rates of 25 and 15 per cent are completely acceptable to international investors
The Indian technology industry is facing its biggest-ever HR challenge with the need to recruit and skill more than 2 million professionals, as growing demand for 'exponential tech professionals' puts extreme pressure on it to remain globally competitive, according to a report. The increasing competition has not left organisations with much of an alternative. They have to either embrace the challenge or perish, according to the report titled 'AI & Future Of Work: Redefining Future Of Enterprise' by BML Munjal University. Employability with technology continues to be a problem despite India having a large number of higher academic institutions, it added. "There is an expected supply of 7 million people for the Indian technology industry that consists of graduates, PGs (postgraduates), diploma holders and PhDs (but) overall employability is 18 per cent only," the report said. On the other hand, it said, "Several jobs at the mid-level of indian technology companies are becoming ...
India attracted tech investments worth USD 9.36 billion last year, a 95 per cent increase compared with the previous year, according to the data compiled by a global database company. The data collated by Dealroom.co and revealed here this week show that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at USD 13.2 billion, behind the US (USD 116 bn) and China (USD 33.5 bn). Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth USD 9.36 billion last year, which marks a 95 per cent hike on the previous year, it said. "The positive tech investment figures for India and the UK demonstrate that we are both top destinations for global investors," said Hemin Bharucha, Chief India Representative for London & Partners the Mayor of London's official promotional agency. "Cities such as London, Mumbai and Bengaluru are increasingly ...
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