This means the government has considered only firms below 10,000 sq ft for non-IT vendors such as restaurants, banks, and firms offering laundry and other services for IT employees.
The state government has come out with relaxations for IT companies following the pandemic which includes reduction in rent.
Since lockdown was imposed in March last year, all shops in IT park have stayed closed
Hiring has already picked up for skilled manpower in the West; Biden administration has also been espousing for racial equality; visa process may be simplified
Aravind Limbavali from Mahadevapura where many IT companies are located said most companies have allowed their staff to work from home or work from anywhere.
Karnataka government will not ask IT companies to open offices, WFH may continue: CN Ashwath Narayan
Several IT companies closed their offices in March and asked its employees to work remotely as COVID-19 infections started increasing in Karnataka.
Across the world, the pandemic has signalled a considerable shift in the way people work.
Govt banks on ‘giving back’ sentiment of Telugu NRIs in the US; local students to be trained by TASK for employment in IT firms
Bengaluru-headquartered Infosys had earlier announced a multi-year contract with a Brazilian firm, Vanguard reported at around $1.5 billion.
With a readily available talent pool, many firms are on the lookout for office spaces in the city and some have moved operations.
Tyagi was speaking at an event organised by CII along with the Tamil Nadu government to announce the 19th edition of CONNECT on September 15 through virtual platform.
The cabinet also approved a Special Incentives Scheme for Electronics System Design and Manufacturing (ESDM) sector to attract industries moving out from China.
Under the new policy, a company will have to go an extra mile to prove that its H-1B employee at a third-party worksite has specific and non-qualifying speculative assignments in speciality occupation
The IT community, generally regarded as the most aloof from social issues, has now shed its inhibitions and come forward to stand shoulder to shoulder with other Tamils to protest the jallikattu ban.