Achieving $1 trillion digital economy is not a tall claim. Why wait for 7 years? Can we do it in 3-4 yrs? Prasad
The Dollar Business Bureau The IT industry should help India build a $1 trillion digital economy within four years by creating affordable technology and an inclusive environment, Union Minister Ravi Shankar Prasad said today at the High Level Round Table with Pioneers of Industry for developing the roadmap for ‘One Trillion Dollar Digital Economy of India’, organised by MeITY, in New Delhi. Highlighting multi-billion dollar opportunities that exist in areas like IT and IT enabled services, e-commerce, electronics manufacturing, digital payments and cyber security, he said that achieving $ 1 trillion digital economy is not a "tall claim". "I don't have any doubt that it will become $1 trillion in 7 years. My humble request is why wait for 7 ...
'Restriction on poll-funding is laudable', ace Supreme Court lawyer
Sairaj Iyer Legendary tax-lawyer Dinesh Vyas believes that cash-capping of political donations at Rs. 2000 will help in bringing better transparency and control corruption. Vyas a Senior Advocate at Supreme Court, was speaking at a post-budget analysis organised by the Indian Merchants Chamber at Mumbai. “Political parties will have to maintain accounts, file returns, in addition to these restrictions and controls,” he said. He believed that the scheme is also innovative as it involves issuance of electoral bonds which would further help retain the secrecy of donors. “Donors like business houses do not want their names to be revealed, which was hindering the process of transparency. Now with the announcement of issuance of electoral bonds controlled by RBI, subscribed either by cheque ...
India remains the top LPO destination: Michael Sonsteng, Practice Head, LPO, Infosys
Legal Process Outsourcing (LPO) is a multi-billion dollar industry today and is growing at an impressive rate of 20% YoY Sisir Pradhan | @TheDollarBiz Michael Sonsteng heads the Legal Process Outsourcing (LPO) division for Infosys BPO. In an exclusive interview with The Dollar Business, Sonsteng says that India remains the favoured destination for LPO not just due to cost advantage but also because of the process driven heritage in the country. Excerpts: TDB: What is the size of the market for legal services and what are the new trends from a business perspective? Michael Sonsteng (MS): It is around $500-750 million (this largely excludes the large amount of eDiscovery players and revenue in the market). Of ...
