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The newer IT contracts involving higher levels of automation and New-Age digital components like cloud, analytics and artificial intelligence, often get service providers better prices, but they also come with more stringent liability clauses.
The goods and services tax (GST) appears headed for its biggest procedural overhaul with a panel considering a single-stage return filing process, instead of a three-stage mechanism. The move is aimed at reducing the compliance burden for businesses.
India will break up its debt-burdened flag carrier Air India into four separate companies and offer to sell at least 51 per cent in each of them as part of a disinvestment proposed by PM Narendra Modi.
Chatbots aim to engage with us, answer our queries or just, listen to us. No wonder then that over 80% global company is investing in chatbots with hopes of saving over $8 million annually and the market is growing at over 30% annually.
Pakistan will try to privatise its national airline before general elections due this year, privatisation minister Daniyal Aziz said, as the ruling party seeks to restart sales of state-run businesses.