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:
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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