IT sector Current Affairs - 2020

Women Wizards Rule Tech programme launched by NASSCOM to increase number of women in senior levels in IT industry

Indian IT industry’s apex body NASSCOM (National Association of Software & Services Companies) has launched ‘Women Wizards Rule Tech’ programme to increase number of women in senior levels in Information Technology (IT) industry. The programme was announced in March 2018 at Nasscom Diversity and Inclusion Summit in Chennai as joint initiative by Nasscom Sector Skills Read More…

Government to expand BPO promotion scheme for rural youth to 1 lakh seats

Ministry of Electronics & Information Technology (MeitY) is planning to expand its India BPO Promotion Scheme to 1 lakh seats from current 48,000 seats. It will also set up 5th and India’s largest National data centre (NDC) in Bhopal, Madhya Pradesh with capacity of 5 lakh virtual servers. NDCs host government websites, services and apps, Read More…

TCS becomes first Company to close over Rs. 7 Trillion Market Cap

India’s IT major Tata Consultancy Services (TCS) became first listed company in India to close day’s trade with market capitalisation (m cap) of over Rs. 7 lakh crore (over $103 billion). M cap is value of company that is traded on stock market, calculated by multiplying total number of shares by present share price. Key Read More…

NASSCOM establishes India’s second Digital Collaborative Opportunities Plaza in China

India’s National Association of Software and Services Companies (NASSCOM) has established second Digital Collaborative Opportunities Plaza (SIDCOP) platform in Guiyang, China. It is India’s second IT corridor in China to provide Indian IT firms access to growing Chinese software market. The first corridor Digital Collaborative Opportunities Plaza (SIDCOP) platform was established in Chinese port city Read More…

TCS becomes first company to achieve 7 lakh crore market capitalisation milestone

Tata Consultancy Services (TCS), the country’s most valued and largest IT outsourcing company created history by becoming the first Indian company to reach Rs. 7 lakh crore market capitalisation (m-cap) milestone. M-cap is value of company that is traded on stock market, calculated by multiplying total number of shares by present share price. Key Facts Read More…