Greater use of space technology augurs well for human progress : PM Shri Narendra Modi, Singapore, 01.06.2018
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Greater use of space technology augurs well for human progress : PM Shri Narendra Modi, Singapore, 01.06.2018
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Domestic IT services companies are having a good run
Growth momentum for the industry is likely to sustain over the near term, this has been supported by uptick in all key verticals such as BFSI, telecom, manufacturing, retail and distribution. Domestic IT services companies are having a good run and their revenue growth is expected to be around 9-12% in FY2022, driven by accelerated and robust demand for digital technologies from enterprises globally; and partly on a low base of last year due to Covid-19 impact. Industry growth though, is expected to moderate marginally to 6-9% in FY2023 partly also on account of the base effect. Carrying forward the momentum from recent quarters, ICRA’s sample of 13 IT companies recorded revenue growth of 17.6% in INR terms and 17.3% in US$ terms in Q2 FY2022.The INR appreciated by ~1.0% vis a vis Euro on a Y-o-Y basis which moderated INR growth to some extent during the quarter. However, with normalization in operational overheads as work-from-office has resumed partially and some pricing pressure on commoditised services, operating margins have seen some moderation in H1 FY2022. Notwithstanding the same, margins are expected to remain healthy between 22-24% over the medium term.
A spokesperson of ICRA says, “In line with the growth trajectory witnessed over recent quarters, Indian IT services companies are expected to report healthy growth over the near term due to favorable factors. This growth has been supported by uptick in all key verticals such as BFSI, telecom, manufacturing, retail and distribution. However, concerns have emanated from elevated attrition levels for the industry due to strong demand for digital technologies and lack of adequate skilled manpower to service the same. Companies are reskilling employees to overcome this challenge. Moreover, they have also been able to achieve higher employee productivity through increased deployment of technology. H
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तेलगना के करीमनगर जिले के हुजुराबाद परिधि में सिंगापुर के निकट कार कुएं में गिरी। इस घटना में दो लोगो की मौत हो गई और अन्य दो लोग गंभीर रूप से घायल हो गए। घायलों को नजदीकी अस्पताल में भर्ती किया गया।बताया जा रहा है कि वरंगल जिला केंद्र में गणेश नगर के एदुरुकुट्ला वरुण, शंकरपट्नम मंडल में ताड़ीकल ग्राम की भवानी दंपत्ति और पुत्र विवान तथा पुत्री शानवी कार में मायके जा रही थी।
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Compared to just one Space startup in 2014, today, there exist 195 Space startups in India!
Bharat, today, is the fifth amongst the spacefaring countries to have end-to-end capabilities in the Space Research and Development.
Notably, we rank 5th globally in the number of space companies.
- Shri Hardeep Singh Puri, New Delhi, 15.12.2023
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India is making big strides in Space technology | Hardeep Singh Puri | Space Research & Development
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You can use AI not to replace human but to augment human: Steve Brazier, President and CEO, Canalys - Part 3
You can use AI not to replace human but to augment human: Steve Brazier, President and CEO, Canalys
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Sanguem locals sore over parallel bridge progress, Even after 3 years no progress made in Bendwada bridge construction
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Sanguem locals sore over parallel bridge progress,Even after 3yr no progress made in Bendwada bridge
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PM Modi’s visit to Singapore is significant at many levels: India's High Commissioner to Singapore
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Prime Minister Narendra Modi visits India-Singapore Enterprise and Innovation Exhibition in Singapore
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