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An industry study by NASSCOM with knowledge partners states that India's SaaS companies' revenue has now reached $3.5 billion in FY20, with 75 per cent of the said revenues coming from global sales.
The monthly tally is improving. In a separate set of data, there were 5.07 crore registered investors as on June 19 2020 after a jump of 8.6 lakh investors over the previous month.
Way back in early March, Thermo Fisher was among the first two companies to receive emergency use authorisation from the US Food and Drug Administration (USFDA) to start making RT-PCR kits for COVID-19 testing.
Nirmala Sitharaman said that better performance of CPSEs can help the economy in a big way to recover from the impact of coronavirus.
Indian users continued to see significantly lower download speeds compared to pre-lockdown levels during the second phase of lockdown between April 13 and May 3. However, speeds gradually improved over time.