Skip to content
Search

Latest Stories

Microsoft to focus on govt, small business segments to grow in India

American school leading Microsoft will be thinking more on the polity and the small enterprises part to grow its India sums, a top official has expressed.

"The SMB (Small and Medium Businesses) segment and the segments around digital India (and) government would be clear areas of focus for us in addition to all the work around enterprise and consumer that we have been doing," Microsoft India president Anant Maheshwari expressed .


He succeeded the general message technology possibility in the country at USD 107 billion, but declined to end down the attempt of the polity and small businesses in it.

Reacting to tell the sum attempt from the country, he expressed India is one of the top 14 priority locations for the institution and a "faster growing market".

The institution has two lakh undertaking consumers in the country, apart from 9,000 relatives and also works with 5,000 beginnings. On the polity side, it serves the centre as well as 29 states, he expressed.

When questioned about home-grown IT institutions' reservations about working with the polity, especially with the path contracts are organized and also with detail to timely costs, Maheshwari admitted that there are "challenges" in every marketplace.

"In any exciting geography in the world, there are always challenges to do business and India is no different," he informed.

"The government has recognised that over the last couple of years with all the focus on ease of doing business, there are some improvements," he expressed.

When requested about the enforcement of GST (acceptables and employments levy) proving in some levy announcements to IT contestants, Maheshwari expressed Microsoft sees the mediate levy improvement as an enormous possibility.

"There may be some challenges as the tax regime transitions, but broadly for me, I would think of GST as a massive opportunity for anybody who is trying to do digital transition," he expressed.

"We have seen a very strong uptick on the public cloud in the last six months, which automatically causes us to look at our capacity and our capacity planning going forward," Maheshwari expressed.

More For You

Shein-Reuters

Shein had aimed to go public in London in the first half of this year, subject to regulatory approvals in the UK and China. (Photo: Reuters)

Shein cuts valuation to £40 billion for London listing

SHEIN is preparing to lower its valuation to around £40 billion for a potential initial public offering (IPO) in London, according to three Reuters sources familiar with the matter.

This is nearly 25 per cent lower than the company's 2023 fundraising valuation as it faces increasing challenges.

Keep ReadingShow less
Northern-Superchargers-Getty

Ben Stokes and Matthew Short of Northern Superchargers walk out to bat during The Hundred match between Manchester Originals and Northern Superchargers on August 11, 2024 in Manchester, England. (Photo: Getty Images)

Sunrisers Hyderabad to acquire Northern Superchargers in £100 million deal

INDIAN Premier League franchise Sunrisers Hyderabad is set to become the first full owners of an English Hundred team after agreeing to buy Yorkshire’s Northern Superchargers for a reported £100 million.

The Sun Group will be the third IPL-linked investor in the eight-team Hundred competition, following Reliance Industries, which owns Mumbai Indians, and RPSG, which runs Lucknow Super Giants.

Keep ReadingShow less
BT-Getty

A view of the British Telecom (BT) headquarters in central London. (Photo: Getty Images)

BT to remove diversity targets from manager bonuses

BT will remove diversity, equity, and inclusion (DEI) targets from its manager bonus scheme, replacing them with a measure of overall employee engagement.

The change, set to take effect in April, follows consultation with major investors and has received “strong support,” according to the company, The Telegraph reported.

Keep ReadingShow less
India's central bank cuts interest rates for first time since 2020

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.. (Photo credit: Reuters)

India's central bank cuts interest rates for first time since 2020

THE RESERVE BANK OF INDIA (RBI) reduced interest rates on Friday for the first time in nearly five years, citing concerns over economic growth despite inflation risks.

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.

Keep ReadingShow less
Sri Lanka seeks to negotiate with Adani over renewable energy plants

Gautam Adani

Sri Lanka seeks to negotiate with Adani over renewable energy plants

SRI LANKA’S government started talks with India’s Adani Group to lower the cost of power from two wind power projects the group will build in the island nation’s northern province, the cabinet spokesman said last Tuesday (28).

Sri Lanka has been reviewing the group’s local projects after US authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts. Adani has denied the allegations.

Keep ReadingShow less