Focus on compliance and governance in the Indian IT-ITeS sector

Traditionally not deemed as a ‘regulated’ industry, the Information Technology (IT-ITeS) is now among the key ones impacted by the changing and enhanced regulatory environment. Today, the sector is grappling with laws around stricter immigration, data localization and anti-corruption, as well as data governance and privacy. In addition to ensuring compliance with new and improved … More Focus on compliance and governance in the Indian IT-ITeS sector

IT-ITeS sector – Evolving through fraud risks and governance challenges

The Indian information technology and technology enabled services (IT-ITeS) industry continues to benefit significantly with an uptick in private equity investments. According to a report by Venture Intelligence, private equity investments in the sector rose in 2017, accounting for 46% of the investment value and growing by 140% to $11.4 billion. Today, the IT-ITeS sector … More IT-ITeS sector – Evolving through fraud risks and governance challenges

Combating fraud and corruption risks in the IT-ITeS sector – recap of 2016 and outlook for 2017

2016 was a watershed year for the Indian information technology (IT-ITeS) sector. Many companies continued on an upward growth trajectory, and, as per a report by India Brand Equity Foundation, the sector is looking to achieve 12%-14% growth by the end of the financial year 2016-17. Data from the report further highlights that the Indian … More Combating fraud and corruption risks in the IT-ITeS sector – recap of 2016 and outlook for 2017