IT Sector
- News
FPIs invested over Rs 11,000 crore in IT sector last month: NSDL
New Delhi: Foreign Portfolio Investors (FPIs) invested Rs11,763 crore ($1.40 billion) in July, according to NSDL data. It is the highest investment since April 2022 when a new sectoral classification was implemented…
- Technology
Global IT outage disrupts major Microsoft services across multiple sectors
A significant global IT outage has caused widespread disruptions across various sectors, primarily affecting Microsoft and CrowdStrike services. The outage began on July 19, 2024, around 6 PM ET, and quickly spread…
- India
Maha govt holds road show in Bengaluru; eyes Rs 95,000 cr investments in IT sector
Mumbai: The Maharashtra government held a road show in Bengaluru on Tuesday, seeking investments into the information technology and IT-enabled services sectors. Maharashtra Industrial Development Corporation (MIDC)’s joint chief executive Anil Bhandari…
- Telangana
Hyderabad is surging as economic powerhouse of India: Savills
Hyderabad: London-based international property consultant Savills on Sunday released a report, ‘Hyderabad: The Sprint’, which states that the city is surging as the economic powerhouse of India. The report discusses the economic growth…
- Hyderabad
Hyderabad records over 31K housing units sales in 2022
Hyderabad: The city has recorded a total of 31,046 housing units sold throughout the past year which is the highest number of sales recorded in the city since 2011. The housing market…
- Telangana
Telangana records 15.3 percent growth in state revenues
Hyderabad: Telangana’s state revenues increased by 15.3% during the current fiscal year. The state has ranked first on the national chart in terms of state-owned tax revenues, with an 11.5 percent growth…
- Hyderabad
Telangana: IT, ITeS exports & jobs grow by over 20% in 2021-22
Hyderabad: Continuing its stride in the Information technology (IT) sector, Telangana witnessed a growth of 26.14% in the IT/ITeS exports in 2021-22 over the previous year, recording a total of Rs 1,83,569…
- Business
Fundamental drivers for IT sector growth remain intact: HDFC Securities
New Delhi: The fundamental drivers of the IT sector’s growth have remained intact despite a slowdown said HDFC Securities. The IT index is up more than 40 per cent over the past…
- Hyderabad
3 of 10 jobs in the IT Sector are created from Telangana state
Hyderabad: The government of India has said that Telangana State has seen massive growth in the Information Technology (IT) sector. Three out of ten jobs created in the IT sector are from…
- Telangana
1800 Startups set up in Telangana tier-2 cities so far: KTR
Hyderabad: Telangana IT and Industries minister KT Rama Rao on Tuesday said that the state government is expanding the IT units to the tier-II cities in the state. As part of the…