With an eye on qualitatively improving the ease of doing business of the IT industry, particularly the business process outsourcing (BPO) and IT-enabled services (ITES) segments, the Central Government has drastically simplified the other service provider (OSP) guidelines of the Department of Telecom.
FlashNews:
Genesys International Q1 Profit Surges 32% on Strong Mapping Demand
Asia-Pacific to Drive 33% of Global Regional Jet Demand by 2045: Embraer
India Achieves 100 GW Solar PV Milestone with ALMM-Driven Expansion
Air India Accelerates $400 Million Fleet Retrofit Programme Across Widebody and Narrowbody Aircraft
ONGC Q1 FY2026 Net Profit Rises 18.2% to ₹115.5 Billion on Strong Gas Realisations and Offshore Gains
Centre Defends Ethanol Blending Programme Amid Mileage Concerns; Highlights $16.5 Billion Forex Savings
Suzlon Energy Reports 62% Surge in EBITDA to ₹5.99 Billion in Q1 FY2026
Inox Green Secures Long-Term O&M Deal for 182 MW Wind Projects
Adani Group Expands MRO Capabilities with Indamer Technics Acquisition
PixxelSpace-Led Consortium to Build India’s First Indigenous Commercial EO Satellite Constellation
India’s Maritime Framework Gets Legislative Boost with Coastal Shipping Bill Passage
IRB Infra and InvIT Projects Post 10% Growth in July 2025 Toll Collections
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Tag: ITES
Mumbai to see spurt in office rental value growth | JLL
As per JLLÂ’s recent Global Real Estate Outlook, MumbaiÂ’s office space occupiers will have to face upward revisions in rents in the coming years. Compared to Q2 2015 when MumbaiÂ’s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016.
Net Result
The hype and fanfare that has accompanied Digital India, has managed to catch the imagination of people unlike any other initiative of recent times by the federal government.
Centre clears extension of Wipros SEZ in Kolkata
In a decision that will allow IT-major Wipro Technologies to expand its IT or ITES Special Economic Zone at Salt Lake, Kolkata, the government has agreed to waive the contiguity or continuity norm permitting the company to include another patch of land that is not attached to the existing zone.
SEZs: Relevance & future
Unlike China, the original concept of SEZs in India got diluted and it witnessed growth of numerous small scale SEZs, pre-dominantly in the IT/ ITeS space. Further, absence of a true ´single window´ to operationalise SEZ
Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance India´s infrastructure development