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Indian IT Companies News - January 2009 Headlines

02-Jan-09

Infosys to integrate IT & BPO operations to cut costs

Economic Times, India

MUMBAI: Infosys Technologies is looking at ways of increasing synergies with its BPO arm. In addition to easier movement of executives between the IT and

02-Jan-09

CM gives Satyam clean chit

Times of India, India

HYDERABAD: Chief minister YS Rajasekhara Reddy on Thursday gave a clean chit to Satyam Computer Services with reference to the recent Maytas-takeover bid by ...

02-Jan-09

Suitors seek clarity on Satyam’s cash position

Times of India, India

HYDERABAD: Many corporates may be interested in buying into Satyam, but no independent buyer is expected to go forward without being certain about the

02-Jan-09

Satyams misstep may improve HCL’s prospects

Economic Times, India

MUMBAI: Satyam’s loss is HCL’s gain, according to global research firm Forrester. While HCL’s acquisition of Axon helps it build strengths in the lucrative

02-Jan-09

Satyam surges five days in a row amid takeover speculations

Economic Times, India

1 Jan 2009, 1909 hrs IST, PTI MUMBAI: Satyam Computers continued to surge for the fifth day in a row gaining over 7 per cent amid speculations that

02-Jan-09

HCL opens office in Israel

Hindu, India

JERUSALEM: HCL Technologies is opening an office in Israel at one of its high-tech parks, business daily ‘Globes’ said. The Indian software firm has rented

02-Jan-09

Nifty above 3000; HCL Tech, RCom up

Economic Times, India

MUMBAI: Buying momentum continued on the first trading day of the New Year as traders bought shares in metals and rate sensitive sectors. ...

02-Jan-09

Software engineer caught using stolen credit card

Times of India, India

CHENNAI: Police on Wednesday arrested a 26-year-old software engineer in Aminjikarai as she was about to buy gold jewellery using a stolen credit card. ...

02-Jan-09

Profitability concerns may haunt Satyam in '10

Economic Times, India

HYDERABAD: The controversy over the aborted bid to buy two promoter-linked companies may affect the revenues and profitability of Satyam Computer Services

02-Jan-09

TCS likely to bag 2 large outsourcing deal, stock up

Moneycontrol.com, India

Tata Consultancy Services, TCS had touched an intraday high of Rs 487 and an intraday low of Rs 480.50. At 11:41 am, the share was quoting at Rs 482.05, ...

02-Jan-09

Stocks to watch: PTC, Elecon Engg, TCS, NTPC

Economic Times, India

MUMBAI: Investors are likely to trade with caution on Thursday, the first session of the new year. With no cues to look forward to with most global markets

02-Jan-09

Tata Steel, Satyam up; Ranbaxy down

Financial Express, India

Mumbai: The Bombay Stock Exchange benchmark Sensex on Thursday opened on a positive note and the stocks that rose in the first trading session of the year

02-Jan-09

Lessons from Satyam fiasco that can help improve corporate ...

Livemint, India

The recent debate around the proposal by Satyam Computer Services Ltd to acquire a stake in a company related to its promoters has called into question the .

02-Jan-09

Infosys Technologies to Announce Third Quarter Results on January ...

TechWhack (press release), India

Infosys Technologies Limited (NASDAQ:INFY), a world leader in consulting and information technology services, will announce results for its Third Quarter .

02-Jan-09

CIS Was Awarded HP Software and Solutions Business Partner of the ...

TechWhack (press release), India

HP today announced the winners of its 2008 EMEA Software and Solutions BTO Partner of the Year Awards. The awards recognize partners in Europe, ...

02-Jan-09

Infosys Among Top 20 Global Companies to Win the Most Admired ...

Webnewswire.com, India

Infosys Technologies Ltd (Infosys) has been recognized amongst the top 20 global companies to be listed in the prestigious Most Admired Knowledge

02-Jan-09

New Effective Community-Based Anti-Spam Software

ITvoir, India

Given the huge increase in spam, it’s very important to manage your email messages so you can protect your files, confidential information and computer from ...

02-Jan-09

IT, BPO market in for ‘slowest’ growth

Sify, India 

New Delhi: After exports, there seems to be bad news in store for the domestic IT and BPO market. According to market intelligence firm, IDC India, ...

02-Jan-09

Satyam saga shows holes in India corporate governance

Express Buzz, India

MUMBAI: Just three months ago, India's fourth-largest software services exporter, Satyam Computer Services received a Golden Peacock award from a group of

02-Jan-09

Houdah Software releases HoudahSpot 2.3.1 - Invites you to Macworld

TechWhack (press release), India

Houdah Software announces the immediate availability of HoudahSpot 2.3.1. HoudahSpot is an acclaimed Spotlight front-end for Mac OS X Leopard. ...

02-Jan-09

Infosys, Tata, Oberoi, Ambani seek CISF security cover

MSN India, India 

New Delhi: As top private enterprises show eagerness to deploy the Central Industrial Security Force (CISF) in their business establishments,

02-Jan-09

Satyam promoters gradually reduce stake

Indopia, India

Mumbai , Dec 31 The promoters of Satyam Computer, who faced investor anger over corporate governance issues, used to own as much as 25.60 per cent equity in

02-Jan-09

Review contracts with Satyam: Forrester Research

Moneycontrol.com, India 

News on Satyam just seems to get worse. Now, international research firm, Forrester Research has circulated a dampening report on Satyam asking its clients

03-Jan-09

Satyam stakes falls to 5.13%

Economic Times, India

HYDERABAD/MUMBAI: Ending days of speculation on the promoter group's holding in Satyam Computer, the company on Friday informed the stock exchanges that ...

03-Jan-09

Nasscom no authority to probe Satyam-WB episode, says Mittal

Economic Times, India

2 Jan 2009, 1912 hrs IST, PTI NEW DELHI: Reacting to a request by an IT-BPO union UNITES to conduct inquiry into the Satyam-World Bank fiasco, ...

03-Jan-09

Sensex pares gain; Satyam, Bharti down

Economic Times, India

MUMBAI: Intra-day rally in benchmarks was short lived as traders booked profits at higher levels. Meanwhile, buying activity continued in midcap and ...

03-Jan-09

Wanted: Wipro to help police nab them

Economic Times, India

BANGALORE: Wipro Infotech on Friday said that it has developed an integrated Police information system, which covers all important activities related to the ...

03-Jan-09

Satyam staff keep their fingers crossed

Hindu, India

HYDERABAD: Amid the raging controversies, some employees in Satyam Computer Services have embarked on a job search, while a large workforce has kept its .

03-Jan-09

IDS Software announces new interface

Business Standard, India 

PTI / Bangalore January 2, 2009, 13:53 IST IDS Software Pvt Ltd, a provider of integrated IT solutions for the hospitality industry sector, has announced ...

03-Jan-09

IIFL negative on IT sector

Moneycontrol.com, India

IIFL remains negative on IT sector outlook. The research firm expects firms to miss their USD QoQ revenue guidance by 1-2ppt and Infosys and Satyam to cut

03-Jan-09

Satyam may co-opt directors ahead of board meet

Daily News & Analysis, India

With exactly a week to go before its crucial board meeting, Satyam Computer Services is in a fix over the number of directors on its board. .

03-Jan-09

IT Sector Likely To Grow At Slow Rate In '09

TopNews, India

Indian IT- ITeS segment is likely to register slowest ever growth rate since 2003 for the financial year 2009. Market research firm, IDC forecasts 13.4% ...

03-Jan-09

TCS closes Citi's BPO CGSL acquisition, sees strong pipeline

domain-B, India

Mumbai: Tata Consultancy Services (TCS) is reported to be in the running for two large BPO contracts after having acquired Citi's captive BPO outfit in ...

03-Jan-09

Sell Satyam, says Chakrabarty

Moneycontrol.com, India

Amitabh Chakrabarty of Religare Securities is of the view that one can sell Satyam Computer Services. Chakrabarty told CNBC-TV18, "In case of Satyam

03-Jan-09

Biggest software counterfeiting ring busted, 11 sentenced to prison

The Money Times, India

by Shikha P - January 2, 2009 - 0 comments Shenzhen, China, January 2: Federal Bureau of Investigation and the Chinese Ministry of Public Security, ...

03-Jan-09

New software released to unlock iPhone 3G

The Money Times, India

by Chanchal Sachdeva Suri - January 2, 2009 - 0 comments California, United States, January 2: The iPhone Dev Team has released the unlocking software ...

03-Jan-09

Infosys to integrate IT & BPO operations to cut costs, add value

ITvoir, India

The knowledge services business unit of Infosys BPO is headed by a former Infosys Technologies executive. So is the vice-president and head of sales of ...

03-Jan-09

Bulk Deals : Satyam Computer Services tops NSE chart

Myiris.com, India

On Friday, IL and FS Trust Company sold 4427000 shares at Rs 176 a share of Satyam Computer Services at the National Stock Exchange (NSE).

03-Jan-09

Asclepius Clinic Software To Manage Clinics

enterpriser.in, India

By enterpriser staff | Jan 02, 2009 1600 hrs IST DesignTech Systems Ltd, a solution provider in healthcare and product life cycle management has introduced ...

03-Jan-09

HCL forays into physical security

Express Computers, India

Adversity can turn out to be an opportunity for some. In the time of increasing terror threats, the Indian security market is booming amidst global ...

03-Jan-09

A Year Of Highs And Lows For IT Industry!

EFYTimes (press release), India

In March 2008, struggling phone maker Motorola announced splitting of its business into two independent units. The company decided to separate its mobile .

03-Jan-09

CM gives Satyam clean chit

Siasat Daily, India

Hyderabad,January 02: Chief minister YS Rajasekhara Reddy on Thursday gave a clean chit to Satyam Computer Services with reference to the recent

03-Jan-09

Decks clear for CISF cover for Infosys, Tata enterprises

MSN India, India

New Delhi: The government on Friday decided to promulgate an ordinance enabling the private sector to avail of Central Industrial Security Force cover to

03-Jan-09

TCS to bag two BPO deals, post Citi arm acquisition

ITvoir, India 

India’s number one IT exporter also announced the completion of the CGSL transaction. The transaction is estimated at $ 512 million and includes a revenue ...

03-Jan-09

Tatas, Oberois, Reliance and Infosys seek CISF cover

TopNews, India

The demand to deploy the Central Industrial Security Force (CISF) at various business establishments has increased following the recent terror attacks on

03-Jan-09

Satyam shares plunge by 40%

ITvoir, India

Indian outsourcer Satyam has seen its shares plummet by about 40 per cent since a botched attempt two weeks ago to buy two infrastructure firms in which .

05-Jan-09

PwC may review its 'continuance' with Satyam Computer

Economic Times, India

HYDERABAD: The statutory auditor for Satyam Computer Services, PricewaterhouseCoopers (PwC), may review its “continuance” with the troubled software firm. ...

05-Jan-09

BPO worker killed in mishap

Times of India, India

NEW DELHI: A 26-year-old call centre employee was killed after his car collided head on with a traffic police crane near Majnu Ka Tila in north Delhi late ...

05-Jan-09

TCS eyes tier-II cities for future growth

Business Standard, India

Tata Consultancy Services (TCS), India’s biggest software services provider, is eyeing tier-II and tier-III cities such as Pune, Nagpur, Gandhinagar, ...

05-Jan-09

Kochi to have centre for training in free software

Hindu, India

KOCHI: A Centre for Advanced Training in Free and Open Source Software (CATFOSS) will be opened in Kochi soon. The new centre will be a joint venture of ...

05-Jan-09

Independent directors' role under lens post-Satyam

Business Standard, India

The Satyam scam, or rather, the promoter Chairman’s decision to acquire the controlling stake in the Maytas, companies controlled by his family members is ...

05-Jan-09

SRSR Holdings' stake in Satyam down to 4.4% from 8.27%

Moneycontrol.com, India

A sale of pledged shares by lenders of the Ramalinga Raju family has led to the family's stake in Satyam falling to 4.4% from 8.27% earlier.

05-Jan-09

Satyam investors urge merger

Business Standard, India

Facing the threat of a hostile takeover by a domestic or overseas company, including private equity firms, Satyam Computer Services’ management and some of ..

05-Jan-09

Infosys, Wipro get terror threat

NDTV.com, India

PTI Six prominent IT companies in Bangalore, including Infosys and Wipro, have received e-mails threatening to blow up their buildings, a top police officer

05-Jan-09

Stocks to watch: SBI, TCS, RCom...

Myiris.com, India 

State Bank of India (SBI) has acquired 19.7% stake in Mayfair Hotels and Resorts (MHRL) via private equity deal. Shares of the bank gained Rs 14.2, .

05-Jan-09

Infosys, Wipro get terror e-mails

Press Trust of India, India

Bangalore, Jan 4 (PTI) Six prominent IT companies in the city, including Infosys and Wipro, have received e-mails threating to blow up their buildings, ...

05-Jan-09

Exciting software times ahead

Business Line, India

Taking time off from the recent PanIIT conference in IIT-Madras are three senior IIT-ians, busy discussing with Business Line important issues such as ...

05-Jan-09

Poor demand from BPOs,ITeS hurting construction activity:NCAER

Indopia, India

New Delhi, Jan 4 Lack of demand from ITeS, BPOs and tourism segment for residential and commercial properties is severely affecting the construction ...

05-Jan-09

MyHeritage software helps to find long-lost kin

Merinews, India

MyHeritage, one of the world’s most popular family websites, launched Family Tree Builder 3, a powerful software programme that MyHeritage members can ...

05-Jan-09

Satyam founders' stake falls to 5.1 pct from 8.3

Reuters India, India

BANGALORE (Reuters) - The stake owned by founders of Satyam Computer Services has fallen by a third to just 5.13 percent, the Indian outsourcer said on .

05-Jan-09

Reddy Claims That Developments In Satyam Not To Affect Major AP ...

TopNews, India

On Thursday, it was announced by the Andhra Pradesh Chief Minister YS Rajasekhara Reddy that the recent developments in the software giant Satyam group are .

05-Jan-09

Integrated Police Information System Developed By Wipro

TopNews, India

On Friday, an announcement was made by Wipro Infotech that the company has designed an integrated Police information system that would cover all vital

05-Jan-09

Satyam chief's son takes over as Maytas Infra CEO

All India Radio, India

B Teja Raju, the elder son of Saytam Computer chief B Ramalinga Raju, on Saturday took over additional charge of Chief Executive Officer of Maytas Infra in

05-Jan-09

Software cracks iPhone key

Bombay News, India

A free piece of software has been developed that enables iPhone 3G owners to use wireless carriers other than those allocated by Apple. ...

06-Jan-09

Satyam attracts suitors, but appearances may be deceptive

Economic Times, India

NEW DELHI/MUMBAI: The alluring bait that has been cast to find potential suitors for the troubled Satyam Computer Services is extremely tempting to rival ...

06-Jan-09

Banks toil hard to find buyer for Satyam

Times of India, India

HYDERABAD: Last week, some bankers chucked their New Year vacation and burnt the midnight oil creating deals for "potential'' buyers of Satyam,

06-Jan-09

ISB Dean quits from core govt committees after Satyam fiasco

Economic Times, India

HYDERABAD: Mendu Rammohan Rao, former independent director on the board of troubled Satyam Computer Services and Dean of the Indian School of Business has ...

06-Jan-09

Satyam Computers failed in corporate governance: Jairam Ramesh

Economic Times, India

5 Jan 2009, 2034 hrs IST, PTI HYDERABAD: Satyam Computer's board had acted in contravention of all norms of corporate governance while deciding on the

06-Jan-09

Satyam issue may benefit Infosys stock: Citi

Hindu, India 

New Delhi (PTI): IT major Infosys is likely to benefit from the Satyam-Maytas deal fiasco and is expected to handle the downturn better than its peer group

06-Jan-09

Nifty off highs; Satyam, Bharti down

Economic Times, India

MUMBAI: Rally in benchmarks after the fiscal and monetary measures was limited as traders booked profits at crucial resistance levels

06-Jan-09

Satyam tries to keep rivals at bay

Economic Times, India

BANGALORE: Senior executives at Satyam Computer Services are working overtime to ensure that top customers do not jump ship to rival tech firms,

06-Jan-09

Raju family's stake in Satyam down; HCL could play role

Moneycontrol.com, India

A sale of pledged shares by lenders of the Ramalinga Raju family has led to the family's stake in Satyam falling to 4.4% from 8.27% earlier

06-Jan-09

Copyright v2.0: New code to shield software

Economic Times, India

NEW DELHI: The government plans to introduce a legislation empowering software makers in their fight against the sale of unauthorised copies of their ...

06-Jan-09

Infosys likely to miss dollar guidance for Q3, says CLSA

Livemint, India

Bangalore: India’s second largest software services firm, Infosys Technologies Ltd, may miss its guidance for the three months ended December in dollar

06-Jan-09

Stocks to watch: Satyam, BPCL, SBI, Tata Power

Economic Times, India

Meanwhile, oil prices jumped 4 per cent Friday amid rising tensions in the Middle East. US light, sweet crude jumped to settle at $46.34 per barrel while .

06-Jan-09

Sensex steady in morning trades; Satyam, Bharti weak

Business Standard, India

The Sensex after opening with a positive gap of 152 points at 10110, has moved in a narrow range of 61-odd points - from a high of 10130, and a low of 10069 .

06-Jan-09

UAE bank adopts Nucleus software's FinnOne

Business Standard, India

UAE’s National Bank of Umm Al Qaiwain (NBQ) will adopt FinnOne, a software product solution developed by Nucleus Software Exports Ltd, the global provider ...

06-Jan-09

CSC announced the acquisition of Object Builder Software

Moneycontrol.com, India

CSC (NYSE: CSC) today announced the acquisition of Object Builder Software (OBS), a Bulgarian information technology (IT) services firm.

06-Jan-09

TCS opens development centre in Bhubaneswar

Business Standard, India

Tata Consultancy Services (TCS), India’s largest information technology export company, today said it has opened 1000 seats software development centre in ...

06-Jan-09

Mail puts IT sector on edge

Express Buzz, India

BANGALORE: Even as the city recovers from the shock of the Mumbai terror attacks, a series of e-mails are creating a flutter among IT companies in Bangalore ...

06-Jan-09

Sify.com sums up 2008

Sify, India

To call this year a mixed bag will soon become a cliche because that's true of every year really. But 2008 has seen some very decent, innovative, ...

06-Jan-09

Office Workouts | Work-life balance -- HCL Tech shows the way with ...

Livemint, India

Why: “Employee first, customer second” is the driving mantra at HCL ever since the company began its transformational journey in 2005

06-Jan-09

Hexaware Technologies to declare FY 2008 results by Mar 31, 2009

Equity Bulls, India

Hexaware Technologies Ltd has announced that the Company shall be submitting the audited financial results for the entire financial year ended December 31,

06-Jan-09

Insider Software launches TypeTrax

TechWhack, India

TypeTrax is the latest application in town aimed at the users of Adobe Creative Suite. The application has been developed by Insider Software and it has ...

06-Jan-09

Wipro develops integrated police information system

VARIndia (press release), India

By VARIndia Correspondent Wipro Infotech announced that it has developed an integrated Police Information System. This end-to-end online application

06-Jan-09

Satyam founders' stake slips to 5.1% from 8.3

Indian Express, India

Bangalore: The stake owned by founders of Satyam Computer Services has fallen by a third to just 5.13 per cent, the outsourcer said on Friday.

06-Jan-09

MasterCard acquires software provider Orbiscom

Reuters India, India

NEW YORK, Jan 5 (Reuters) - Credit card network MasterCard Inc (MA.N: Quote, Profile, Research) said on Monday it has acquired software provider Orbiscom

06-Jan-09

Software firm UIQ files for bankruptcy

Reuters India, India

STOCKHOLM, Jan 5 (Reuters) - Software company UIQ, jointly owned by Sony Ericsson (6758.T: Quote, Profile, Research)(ERICb.ST: Quote, Profile, Research) and ...

06-Jan-09

Gulf Steel to invest in Tekla Structures software

SteelGuru, India

Gulf Steel Work has made a strategic decision to expand the use of Tekla Structures Building Information Modeling software in the whole corporation. ...

06-Jan-09

Satyam director Rao 'withdraws' from RBI panel

MSN India, India

Mumbai: Indian School of Business dean M Ramamohan Rao, whose role as an independent director on Satyam's board had recently raised criticism, has resigned

06-Jan-09

Network Automation Launches OEM Program for AutoMate Software ...

IT News Online, India 

LOS ANGELES, Jan. 5 /PRNewswire/ -- Network Automation, Inc., today announced an OEM program for its flagship AutoMate(TM) product, the only software ...

06-Jan-09

Software Company AOEware Launches Social Networking Tool BINDpoint

IT News Online, India

PHILADELPHIA, Jan. 5 /PRNewswire/ --Philadelphia-based software company AOEware, today announced the release of BINDpoint v2.0, a free social networking ...

06-Jan-09

Four Rivers Software Systems Announces Integration with ...

IT News Online, India

PITTSBURGH, Jan. 5 /PRNewswire/ -- , a leading provider of Computerized Maintenance Management Systems (CMMS) for the healthcare industry and PartsSource, ...

06-Jan-09

Limit Point Software launches “The Mailings-Blue Crab Promo”

TechWhack (press release), India

Limit Point Software is offering a promotion of it’s products Mailings and Blue Crab. With the purchase of “The Mailings-Blue Crab Promo” you receive ...

06-Jan-09

Smith Micro's Connection Management Software Tapped For Clear ...

PressReleasePoint (press release), India

ALISO VIEJO, CA Smith Micro Software, Inc. (NASDAQ:SMSI), a leading developer and marketer of mobility solutions and services for the wireless market, .

06-Jan-09

Rainmaker Signs Three-Year Renewal with TIBCO Software for ...

IT News Online, India

CAMPBELL, Calif., Jan. 5 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted

06-Jan-09

Houdah Software unveils HoudahGeo 2.0 - one-stop photo geocoding ...

TechWhack (press release), India

Houdah Software is proud to announce the immediate availability of HoudahGeo 2.0: the premiere photo geocoding solution for the Mac. ...

06-Jan-09

TX Announces AutoSave(TM) CD/DVD Recordable Media Lineup With ...

IT News Online, India 

PARIS, Jan. 5 /PRNewswire/ -- TX WEA announced today the release of its new AutoSave products based on the famous Soft-R's Self Recordable media technology: ...

06-Jan-09

First Visual Brain Fitness Training Software Released for Mac Users

IT News Online, India

SAN FRANCISCO, Jan. 5 /PRNewswire/ -- Posit Science Corporation(R), the leader in brain fitness training software, today announced the release of ...

07-Jan-09

Another blow: Forrester backtracks on Satyam

NDTV.com, India

Forrester, one of the top International IT research firms had in fact preempted the exodus on Satyam's employee front. But Satyam is clearly not amused by ...

07-Jan-09

Troubled Satyam gets a Fifa boost

Times of India, India

KOLKATA: Satyam chairman Ramalinga Raju desperately needs third-party validation of his firm's ability to deliver on prior commitments in the light of the ...

07-Jan-09

No truth in merger with Tech Mahindra: Satyam

Economic Times, India

MUMBAI - Satyam Computer Services denied media reports on rival software services firm Tech Mahindra offering to merge with the IT major. ...

07-Jan-09

Satyam to log in highest Dec growth

Economic Times, India

MUMBAI: Here’s more to Satyam Computer Services’ appeal as a takeover target: it may be the best performer among India’s Top 5 IT firms. ...

07-Jan-09

Satyam board meet to go ahead despite resignations

Economic Times, India

6 Jan 2009, 1930 hrs IST, PTI NEW DELHI: Satyam Computer on Tuesday said nothing could stop its Board from meeting on January 10, although four independent

07-Jan-09

HCL Security in talks for foreign buys

Economic Times, India

NEW DELHI: HCL Infosystems-owned security service firm HCL Security is in talks with security service providers in the US, UK and Israel for a possible

07-Jan-09

Sebi to probe if Satyam, ISB violated corp governance norms

Moneycontrol.com, India

The relations between beleaguered tech giant Satyam Computer Services and the Hyderabad-based Indian School of Business (ISB) have come under the scanner. ...

07-Jan-09

Citigroup maintains 'buy' on Infosys Tech

Economic Times, India

Citigroup has cut its price target for Infosys to Rs 1350 from Rs 1420 while maintaining a ‘buy’ rating, citing likely disappointments in the company’s

07-Jan-09

Satyam's woes deepen, 120 employees resign

NDTV.com, India

Satyam, it certainly seems, has nothing going in its favour, with even its employees turning their back on the once famous IT major.

07-Jan-09

Sensex slips into red; Infosys slips 2%

Business Standard, India

The Sensex has slipped into the negative zone on the back of sudden bout of profit-taking. The index is now down 38 points at 10238. Earlier in the day, ..

07-Jan-09

Sensex lacklustre; Satyam Computers, Grasim up

Economic Times, India

MUMBAI: Equities were taking a breather Tuesday after surging on announcement of various policy measures to boost economy. Traders were cautious ahead of

07-Jan-09

Infosys Tech Q3 PAT seen up at Rs 1520.6 cr: Emkay

Moneycontrol.com, India

Emkay Global Financial Services has come out with its earning estimates on IT sector for the quarter ended December 2008. According to the research firm

07-Jan-09

HCL defers joining date of recruits, again

Business Standard, India

HCL Technologies has deferred the joining month for some of its recruits from January to April, according to a person familiar with the development.

07-Jan-09

Delhi’ites tame BSNL

Calcutta Telegraph, India

Guwahati, Jan. 6: Hosts Oil and Natural Gas Corporation Ltd (ONGC), Mumbai and Food Corporation of India (FCI), New Delhi have set up Thursday’s final clash ...

07-Jan-09

Sensex trades lower; Grasim, Satyam surge

Myiris.com, India

The Sensex pared all its gains and again slipped into the negative to trade on a flat note. Select metal and auto stocks witnessed buying interest, ...

07-Jan-09

TCS can test Rs 540-570: N Pillai

Moneycontrol.com, India 

Neppolian Pillai of Modern Shares & Stock Brokers is of the view that one can buy TCS between Rs 515-460 and it can easily move up to Rs 540-570. ...

07-Jan-09

Buy Satyam, says Bagga

Moneycontrol.com, India

Ajay Bagga of Financial Planning Standards Board of India is of the view that riskier investors can buy Satyam. Bagga told CNBC-TV18, "We talked about this

07-Jan-09

Progress Software signs MoU with IIIT Hyderabad

Myiris.com, India

Progress Software, a leading provider of Infrastructure software products in the integration and data infrastructure space, has signed a Memorandum of

07-Jan-09

NEC develops interpretation software for cell phones

Myiris.com, India

NEC Corporation, a leading IT and enterprise business solutions provider announced that it has developed automatic software for cell phones that quickly and

07-Jan-09

Delcam to demonstrate jewellery software & services

Fibre2fashion.com, India

Delcam will be demonstrating its range of software and services for the jewellery industry at two UK exhibitions in the coming weeks; the Scotland .

07-Jan-09

Wipro to declare Q3 results on Jan 21, 2009

Equity Bulls, India

Wipro Ltd has announced that a meeting of the Board of Directors of the Company will be held from January 19 to January 21, 2009.

07-Jan-09

Wipro board allots equity shares

Myiris.com, India

Bangalore based company Wipro resolved to issue and allot 600 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees

07-Jan-09

Sage acquires 'Pocket' range of Payroll & HRMS software

Moneycontrol.com (press release), India

The Sage Group plc has today announced the acquisition of ‘Pocket’ range of Payroll and Human Resource Management software and all customer contracts from

07-Jan-09

iYogi Partners with GlobalLogic for Software Product Development ...

India PRwire (press release), India

iYogi (www.iyogi.net) today announced a software product development partnership with GlobalLogic, Inc. to create a "Generation V" services platform for ...

07-Jan-09

Satyam Computer up 5.15%

Myiris.com, India 

The scrip has touched an intra-day high of Rs 177.90 and low of Rs 165.10. The total volume of shares traded at the BSE is 4262993. In the earlier session,

07-Jan-09

Nucleus Software wins New Client in UAE

VARIndia (press release), India

By VARIndia Correspondent Nucleus Software Exports has announced that the National Bank of Umm Al Qaiwain, one of the leading financial institutions in the

07-Jan-09

Apple rolls out movie, pix software upgrades

Reuters India, India

By Gabriel Madway SAN FRANCISCO (Reuters) - Apple Inc, missing master pitchman Steve Jobs and facing subdued expectations during its final appearance at the .

07-Jan-09

Sify launches gaming site Antzill

Sify, India

Chennai: Sify Technologies Limited has launched Antzill (http://games.sify.com/) – an interactive gaming site with a vast array of community features

07-Jan-09

Autodesk Announces Three New Software Releases for the Mac

IT News Online, India

SAN RAFAEL, Calif., Jan. 6 /PRNewswire-FirstCall/ -- To coincide with the annual Macworld Conference & Expo in San Francisco, Autodesk, Inc. announced today .

07-Jan-09

Livescribe Introduces Livescribe Desktop Software for Mac Users

TechWhack (press release), India

Livescribe Inc. (www.livescribe.com) today announced its native Livescribe Desktop software for Mac, version 1.0, for its Pulse™ smartpen at the Macworld ...

07-Jan-09

TCS opens new campus in Bhubaneswar

CIOL, India

BHUBANESWAR, ORISSA: Tata Consultancy Services, a provider in IT services, business solutions and outsourcing organization, recently announced the launch of ..

07-Jan-09

New Web Software Company, W&R Studios, Launches Dwellicious.com

IT News Online, India

NEW YORK, Jan. 6 /PRNewswire/ -- Web software company, W&R Studios, announced today that it will be launching a new free social bookmarking site dubbed, ...

07-Jan-09

Minnesota Power Selects InStep's eDNA Historian Software for ...

IT News Online, India

CHICAGO, Jan. 6 /PRNewswire/ -- InStep Software, LLC, a leading provider of real-time software products and solutions, announced today that Minnesota Power, ...

07-Jan-09

GrayHair Software contributes its Mail Industry Expertise to ...

PressReleasePoint (press release), India

MT. LAUREL, NJ (January 6, 2008) - GrayHair Software, Inc., the leading provider of innovative solutions for business mailers, has announced the release of ...

07-Jan-09

Forrester Notes Satyam’s ‘Bottom-Up’ Innovation Approach

EFYTimes (press release), India

The report, Satyam Ignites Innovation from the Bottom Up is the ninth such paper in the research firm’s series entitled India: The Innovation Giant (Re) .

07-Jan-09

MadCap Software Named a Finalist for 'Red Herring 100 Global' Award

IT News Online, India

LA JOLLA, Calif., Jan. 6 /PRNewswire/ -- , the leader in multi-channel content authoring and a showcase company for Microsoft Visual Studio 2005 and

07-Jan-09

Time Tracking Software: What did you do last year? OfficeTime knows

TechWhack (press release), India

Transcena Design today announced OfficeTime 1.4. OfficeTime’s latest release allows you to both intuitively track your time and review instant reports of ...

07-Jan-09

REAL Software Announces REAL Server 2009 to Ship in February

TechWhack (press release), India

REAL Software, creator of REALbasic, a cross-platform software development environment, announced today at the Macworld Conference and Expo that REAL Server ...

07-Jan-09

Callidus Software Schedules Fourth Quarter and Full Year 2008 ...

IT News Online, India

SAN JOSE, Calif., Jan. 6 /PRNewswire-FirstCall/ -- Callidus Software Inc. , the leader in Sales Performance Management, today announced it will report ...

07-Jan-09

Top Marks for KXEN in Data Mining Software 2009 Tests

TechWhack (press release), India

KXEN’s Analytic Framework automated data mining solution performs at ‘unsurpassed speed’ even when handling large volumes of data according to an ...

07-Jan-09

GainSpan Licenses Wipro-NewLogic’s WiLDÔ 802.11 WLAN IP for ...

TechWhack (press release), India 

Lustenau/Austria, January 6, 2009 – Wipro-NewLogic, the semiconductor IP business of Wipro Limited (NYSE:WIT) and the number one provider of wireless

07-Jan-09

Top Marks for KXEN in Data Mining Software 2009 Tests

TechWhack (press release), India

KXEN’s Analytic Framework automated data mining solution performs at ‘unsurpassed speed’ even when handling large volumes of data according to an ...

07-Jan-09

Binary Tree Announces High-Fidelity Software for Migrating Lotus ...

IT News Online, India

NEWARK, NJ, Jan. 6 /PRNewswire/ -- Binary Tree announced today the general availability of CMT for Google Apps(TM), the newest addition to its award-winning

07-Jan-09

Rebit(TM) Unveils Multi-PC Software Installable on Any External ...

IT News Online, India

LONGMONT, Colo., Jan. 6 /PRNewswire/ -- Rebit Inc., the company dedicated to relieving the burden of backup for PC users, today announced a new, multiple-PC ..

07-Jan-09

Check Point Software to Announce Fourth Quarter and Fiscal Year ...

PressReleasePoint (press release), India

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced that it will release its fourth .

07-Jan-09

Raritan Adds New Data Center Energy Management Capabilities to ...

IT News Online, India

SOMERSET, NJ, Jan. 6 /PRNewswire/ -- To provide a more complete and accurate view of energy usage within the data center and branch offices, Raritan today ...

07-Jan-09

iYogi GlobalLogic Partner for Software Products

CXOToday.com, India

By CXOtoday Staff iYogi, one of the direct-to-consumer and small business technical support service of India has tied-up with GlobalLogic for software ...

08-Jan-09

Govt, regulators plan joint action on Satyam

Economic Times, India

HYDERABAD: A stunned India Inc, rattled investors and the government were left to pick through the debris to salvage what is left of Satyam Computer ...

08-Jan-09

Satyam saga: Institutional investors caught unawares

Economic Times, India

MUMBAI: Institutional investors have always admitted that Satyam's corporate governance practices were not the best in the industry, but never in their ...

08-Jan-09

Avid reader, Raju rewrites Satyam books

Economic Times, India

As Satyam unravels before a stunned India, the company’s founder chairman and man-in-the-dock Byrraju Ramalinga Raju can only hope his favourite author was ...

08-Jan-09

Satyam scam triggers biggest D&O claim

Economic Times, India

MUMBAI: The fraud at Satyam could trigger one of the largest Directors & Officers insurance claims in India. The company has a $75-million cover to defend ...

08-Jan-09

Satyam Esop-holders in deep sea as valuation takes a hit

Economic Times, India

Satyam Computer Services employees, who hold stock options (based on Indian equity shares), lost as much as Rs 221 crore in a single day after investors

08-Jan-09

Satyam stripped off Golden Peacock Global Award

Economic Times, India

8 Jan 2009, 0118 hrs IST, PTI NEW DELHI: The Institute of Directors, that had conferred the Golden Peacock Global Award for Excellence in Corporate ...

08-Jan-09

Rel Cap replaces Satyam in Nifty club

Economic Times, India

Satyam Computer Services has been expelled from all equity indices of the National Stock Exchange (NSE). The decision comes in the wake of Satyam promoter B ...

08-Jan-09

Trouble has not ended for Satyam; Upaid case pending in Texas

Economic Times, India

8 Jan 2009, 0028 hrs IST, PTI NEW DELHI: Satyam Computer Services, whose founder-chairman resigned, hasn't seen the last of its trouble as a Texas district ...

08-Jan-09

Rosaiah clueless about Satyam fraud

Times of India, India

KAKINADA: Expect this only from the old warhorse. The veteran Konijeti Rosaiah who manages the finances of the state stumped everyone with this one-liner: ...

08-Jan-09

Infosys rules out Satyam buyout

Hindu, India

New Delhi (PTI): The country's second largest software exporter, Infosys, on Wednesday ruled out the possibility of buying Satyam saying the IT major"will ...

08-Jan-09

CID probe ordered into Satyam fraud

Hindu, India

HYDERABAD: Chief Minister YS Rajasekhara Reddy has asked the Crime Investigation Department to conduct a preliminary inquiry and look into whether the State ...

08-Jan-09

Infosys rules out Satyam buyout

Hindu, India

New Delhi (PTI): The country's second largest software exporter, Infosys, on Wednesday ruled out the possibility of buying Satyam saying the IT major"will ...

08-Jan-09

West Bengal govt to put land allotment for Satyam IT SEZ on hold

Economic Times, India

KOLKATA: In the aftermath of Satyam Computer Services chairman B. Ramalinga Raju's sensational admission of a doctored company balance sheet coupled with ...

08-Jan-09

Satyam may face US Suit

Economic Times, India

NEW DELHI: Satyam shareholders in the US are planning to file a class-action suit against the Indian IT services firm and its board of directors for fraud

08-Jan-09

Share of family-run businesses fall 30 pc on Satyam fiasco

Economic Times, India

7 Jan 2009, 2357 hrs IST, PTI MUMBAI: Shares of almost all family-promoted businesses on Wednesday suffered a value erosion of nearly 30 per cent after

08-Jan-09

Bank loans to Satyam may turn NPLs

Economic Times, India

In the light of Satyam Computer's financial irregularities, there are questions being raised on the loan exposure of Indian banks to the company. ...

08-Jan-09

Auditors' reaction on Satyam saga

Economic Times, India

News of cooked up numbers in the Satyam Computers balance sheet has rattled the accounting profession. Here are a few reactions. The Institute of Chartered ...

08-Jan-09

Satyam collapse likely to affect investor confidence: Experts

Economic Times, India 

7 Jan 2009, 1544 hrs IST, PTI MUMBAI: The stunning cofessions by Satyam Chairman B Ramalingaraju on large scale manipulations in the company's accounts is

08-Jan-09

L&T ups Satyam stake, fuels M&A talks

Economic Times, India

MUMBAI: The Larsen & Toubro Group is believed to have extended its purchases of Satyam Computer shares from the secondary market on Wednesday,

08-Jan-09

Satyam's stocks volatile in near term

Economic Times, India

MUMBAI: Macquarie has a 12-month price target of Rs 360 on Satyam Computers, but says that the stock would be extremely volatile in the near term. ...

08-Jan-09

Oppn demands probe in Satyam case

Times of India, India

HYDERABAD: Political parties in the state expressed 'shock and surprise' over the developments in Satyam group and the confession of its chairman B

08-Jan-09

How Satyam shocker hits investors, employees

IBNLive.com, India

It’sa massive blow to India Inc and the worst fraud in corporate India's history. But how does the Satyam shocker affect you as an investor or as an .

08-Jan-09

Tumbling Satyam drags Indian shares down 7 pct

Reuters India, India

* Satyam chairman resigns, says had inflated profits * Revelation could hurt foreign portfolio inflows - traders * Satyam shares dive 78 pct on heavy volume ...

08-Jan-09

Satyam fraud: Full text of Raju's letter to board

Indian Express, India 

2. For the September quarter(Q2) we reported a revenue of Rs 2700 crore and an operating margin of Rs 649 crore(24 per cent of revenue) as against the

08-Jan-09

Merrill snaps ties with Satyam

Hindu Business Line, India

MUMBAI: Investment banker DSP Merrill Lynch on Wednesday said it has terminated its services with software services firm Satyam, after coming to know about ...

08-Jan-09

BNP Paribas India mutual fund unit exits Satyam

Reuters India, India

MUMBAI (Reuters) - Mutual fund venture of BNP Paribas has sold its entire holding in Satyam Computer Services, a top executive said on Wednesday. ...

08-Jan-09

Satyam loses Rs 10K cr in m-cap

Business Standard, India

PTI / Mumbai January 07, 2009, 20:19 IST Beleaguered software services major Satyam today bit the dust on the bourses and lost as much as Rs 10000 crore in ...

08-Jan-09

PwC may be asked to re-state accounts of Satyam: P Jain

Moneycontrol.com, India

Pankaj Jain, Cousel Member, ICAI said that one should refrain from making any hasty judgments on prima facie details. He said that PriceWaterhouse Cooper

08-Jan-09

Tech Mahindra reacts to Satyam fiasco

Moneycontrol.com, India

CP Gurnani of Tech Mahindra said Indian IT industry should call it a crisis situation. However, there need to be some more announcements for employees and

08-Jan-09

Extremely rocky kind of session; Satyam down nearly 80%

Moneycontrol.com, India

Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also watch the accompanying video. This is a very important afternoon of trade ...

08-Jan-09

Tech Mahindra may evaluate telecom biz of Satyam

Business Standard, India

PTI / New Delhi January 07, 2009, 20:08 IST Software company Tech Mahindra today said it may evaluate the telecom business of the Satyam Computer Services ...

08-Jan-09

Satyam Board to meet as scheduled on Jan 10

Business Standard, India

PTI / New Delhi January 7, 2009, 15:16 IST "The Board meeting is on as of now," company spokesperson told PTI over telephone from Hyderabad

08-Jan-09

No govt takeover of Satyam: Kamal Nath

Livemint, India

PTI New Delhi: Ruling out a government takeover of Satyam Computer Services, Commerce and Industry Minister Kamal Nath on Wednesday said it is corporate ...

08-Jan-09

Satyam's innovation report a face-saving bid

Business Standard, India

In a seemingly last-ditch effort to save face before its board meeting on January 10, Satyam Computer Services today released a Forrester Research report on ...

08-Jan-09

Taking stock: Nilekani on lessons from Satyam fiasco

IBNLive.com, India

TALKING HEADS: CNN-IBN discusses the Satyam story with Nandan Nilekani (inset, top) and Udayan Mukherjee. ibnlive.com is on mobile now.

08-Jan-09

HCL defers joining date of recruits, again

Business Standard, India 

HCL Technologies has deferred the joining month for some of its recruits from January to April, according to a person familiar with the development.

08-Jan-09

How much mutual funds held in Satyam Computer

Indian Express, India

New Delhi: More than Rs 766 crore of retail money was invested in ill-fated Satyam Computer through 120 mutual fund schemes in November 2008.

08-Jan-09

Satyam employees fear for jobs

Indian Express, India

Hyderabad: The pink slips haven't arrived yet, but the uncertainty is killingly painful for the 53000 employees of Satyam, particularly at a time when IT

08-Jan-09

Satyam: what next?

Livemint, India

The discredited board of Satyam Computer Services Ltd now has one final chance to salvage its tattered reputation. The board needs to move swiftly and ..

08-Jan-09

Wipro reacts to Satyam fraud

Moneycontrol.com, India

Commenting on the Satyam fraud, Suresh Senapathy, CFO, Wipro has assured that Satyam’s case is isolated and not associated with any industry. .

08-Jan-09

Satyam may lose land if projects get delayed

Express Buzz, India

HYDERABAD: Satyam Computers is likely to lose the 82 acres allotted to it by the State Government in Hyderabad and Visakhapatnam, if it fails to honour the

08-Jan-09

Satyam's auditor PricewaterhouseCoopers faces ICAI probe

MSN India, India

New Delhi: The Institute of Chartered Accountants of India (ICAI) has initiated investigation into the role played by PricewaterhouseCoopers (PwC) — the

08-Jan-09

Intel vPro Hack Exposes 'Secure' Software

PC World India, India

By Robert McMillan Intel's vPro laptop and PC security system has been hacked by security researchers who claim they can "compromise the integrity" of ...

08-Jan-09

NEC develops automatic interpretation software for mobile phones

TechShout!, India

NEC Corporation, the IT and enterprise business solutions provider, has developed automatic Japanese-English software for cell phones that helps the devices .

08-Jan-09

Software testing is inferior to development is a myth

CIOL, India

NEW DELHI, INDIA: Software testers have traditionally thought off by their more 'advantaged' developer community as some ones who don't get involved in ...

08-Jan-09

Clients of Satyam may look elsewhere: Forrester

Indopia, India

New Delhi, Jan 7 The clients of the beleaguered Satyam Computer Services may be forced to review their contracts and may look at other offshore suppliers

08-Jan-09

Black Wednesday for 54000 Satyam staff across globe

India Today, India

Shock and disbelief was written large on the faces of many of them at the IT firm’s offices in Hyderabad and Secunderabad on Wednesday.

08-Jan-09

Satyam expelled from Nifty; RCap included

Myiris.com, India

Satyam Computer Services has been removed from all equity indices of the National Stock Exchange (NSE), reports Economic Times. The move comes as promoter

08-Jan-09

HCL Security to buy foreign firms

IT Examiner, India

By Jayant Mishra in Mumbai @ Wednesday, January 07, 2009 10:36 AM HCL-owned security service firm HCL Security is said to be in talks with other security ...

08-Jan-09

Progress Software, IIIT Hyderabad sign MoU

Siliconindia.com, India

By siliconindia news bureau Hyderabad: Ramesh Loganathan, Managing Director, Progress Software and Dr. Rajeev Sangal, Director, Indian Institute of ..

08-Jan-09

The rise, rise and fall of Satyam

Sify, India

Hyderabad: Satyam founder B. Ramalinga Raju, who shocked India by admitting massive fraud over several years, was the Ernst and Young Entrepreneur of the .

08-Jan-09

Glaring questions emerge from Satyam fraud

Sify, India

Arun Kejriwal runs his own advisory firm, M/s Kejriwal Research and Investment Services Pvt Ltd. He advises HNIs, corporates and brokers on managing

08-Jan-09

New Career Book 'You.next()' for Software Developers Seeks to ...

IT News Online, Ind

ATLANTA, Jan. 7 /PRNewswire/ -- Atlanta authors Michael C. Finley and Honza Fedak introduced their debut book on leadership careers for software developers ...

08-Jan-09

TCS to declare Q3 results on Jan 15, 2009

Equity Bulls, India

Tata Consultancy Services Ltd (TCS) has announced that a meeting of the Board of Directors of the Company will be held on January 15, 2009, to approve and

08-Jan-09

Nasscom shocked by Satyam chief's confession

Sify, India

Bangalore: Nasscom, the apex body of the IT-BPO industry in India, expressed its shock Wednesday at the confession made by Satyam Computers' erstwhile chief

08-Jan-09

Software shares seen moving sideways till end-June

Economic Times, India

MUMBAI: Shares of India's software sector are expected to trade sideways atleast till the end of first half of calendar year 2009 (January-June), ...

08-Jan-09

Satyam: The Truth will out

IT Examiner, India

By C Shanti @ Wednesday, January 07, 2009 7:20 PM As I am venerable, that is to say rather old, I have noticed quite a few things in my life.

08-Jan-09

TCS launches new campus in Bhubaneswar, campus capacity at 7000 seats

Equity Bulls, India 

Bhubaneswar: Tata Consultancy Services, (TCS) (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing organisation,

08-Jan-09

DSP Merrill Lynch disengages from Satyam

Business Standard, India

In another announcement to the BSE, Satyam Computer Services said that DSP Merrill Lynch had terminated its engagement with the company.

08-Jan-09

BPO Management Services and Healthaxis® Complete Merger

HealthNEWS. Direct!, India

Anaheim CA-based BPO Management Services (BPOMS), a business process outsourcing services provider, has completed its merger with Irving TX-based Healthaxis

08-Jan-09

Tips to novice software testers

CIOL, India 

BANGALORE, INDIA: Novice testers have many questions about software testing and the actual work that they are going to perform. ...

08-Jan-09

HCL Technologies: At the cutting edge

domain-B, India

Leading global IT services company HCL Technologies is offering computer-based vision and image processing capabilities for specific use in aerospace and ..

08-Jan-09

Ex-MP threatens legal action against Satyam promoters,auditors

Indopia, India

Mumbai , Jan 7 Former BJP parliamentarian and president of the city-based Investors' Grievances Forum, Krit Somaya has threatened to file a criminal .

08-Jan-09

Cambridge University to collaborate with Infosys

Siliconindia.com, India

By siliconindia news bureau London: The Vice-Chancellor of Cambridge University, Alison Richard, will sign a memorandum of understanding (MoU) for future

08-Jan-09

Satyam' Rama Linga Raju Resigned

Andhra Cafe, India

This is the expected news from several corners. 'Satyam' Rama Linga Raju resigned from Satyam fearing ousting. He admitted the 1.6 B $ fraud and announced

08-Jan-09

Sensex tumbles over 340 pts as Satyam chief resigns

Indopia, India

Shrugging off early gains, the Bombay Stock Exchange benchmark Sensex today tumbled over 340 points at noon to dip below the psychological 10000-points .

08-Jan-09

Govt to examine role of Satyam auditors, directors: report

India Infoline.com, India

The government will examine role of Satyam`s auditors and directors and anybody found guilty will be dealt with accordingly, Prem Chand Gupta, .

08-Jan-09

CA Named Global Market Share Leader in Job Scheduling Software

Prdomain Business Register (press release), India

6 Jan 2009 , Islandia, NY : CA (NASDAQ: CA) today announced it has been recognized as the worldwide market share leader in job scheduling software by

08-Jan-09

DSP Merrill Lynch terminates engagement with Satyam

Newstrack India, India

New Delhi, Jan 7 (IANS) DSP Meryll Lynch, a leading financial management and advisory firm, Wednesday announced it has terminated its advisory engagement

08-Jan-09

Sify Launches Gaming Site

EFYTimes (press release), India

On the launch, Venkata Rao, EVP and head, portals and consumer marketing, Sify Technologies Limited, said, “Sify is committed to understanding the Indian

08-Jan-09

HCL Tech puts on a poor show

Myiris.com, India 

The scrip has touched an intra-day high of Rs 136.00 and low of Rs 108.20. The total volume of shares traded at the BSE is 222311. In the earlier session

08-Jan-09

itSuitsFashion software available on 'As & when you need it basis'

Fibre2fashion.com, India

itSuitsFashion, the flexible -Microsoft Dynamics NAV based- fashion software solution is now also available as Software-as-a-Service. ...

08-Jan-09

Satyam founder quits after admitting Rs.40 bn fraud

Newstrack India, India 

Hyderabad, Jan 7 (IANS) Satyam Computer Services founder chairman B. Ramalinga Raju resigned from the IT major's board after admitting a fraud to the tune

08-Jan-09

Satyam chairman Ramalinga Raju, MD Rama Raju quit

Newstrack India, India

Bangalore, Jan 7 (IANS) Satyam Computer Services Ltd founder chairman B Ramalinga Raju and managing director B Rama Raju resigned from the board Wednesday,

08-Jan-09

Satyam — truth be damned?

Reuters India, India

The shares tumbled nearly 80 percent, roiling investor confidence in India and bringing an undignified end to the illustrious career of one of the country’s .

08-Jan-09

Satyam issue may benefit Infosys stock: Citi

NDTV.com, India

PTI IT major Infosys is likely to benefit from the Satyam-Maytas deal fiasco and is expected to handle the downturn better than its peer group firms, ...

08-Jan-09

ADR Report-ADRs fall on jobs data, oil; Satyam hurts India

Reuters India, India 

By Rodrigo Campos NEW YORK, Jan 7 (Reuters) - Overseas shares traded in the United States fell on Wednesday as jobs data on both sides of the Atlantic and a

08-Jan-09

Clueless Satyam staff left shamefaced

Indiatimes, India

When a group of about two dozen women employees at Satyam’s Hyderabad headquarters finished for the day, they covered their faces and hurriedly got into .

08-Jan-09

Satyam contract with FIFA intact

IT Examiner, India

By Jayant Mishra in Mumbai @ Wednesday, January 07, 2009 11:59 AM Amidst the Satyam fiasco, the sponsorship contract that Fédération Internationale de

08-Jan-09

Political clout may save the day for tainted Satyam boss

India Today, India

Ramalinga Raju may have scripted one of India Inc’s biggest scandals, but he is unlikely to face immediate legal action because of his political links

08-Jan-09

Satyam's auditor PricewaterhouseCoopers faces ICAI probe

MSN India, India

New Delhi: The Institute of Chartered Accountants of India (ICAI) has initiated investigation into the role played by PricewaterhouseCoopers (PwC) — the

08-Jan-09

Collapse of Satyam: Indian Rupee weakens

Commodity Online, India

The MCX-SX INR January Rupee contract traded higher in early trade on Wednesday due to expectations of stronger domestic stock market after strength in

08-Jan-09

Experts see investor sentiment being hit post Satyam fraud

Moneycontrol.com, India

Ramalinga Raju, Chairman of Satyam resigned from the Satyam board today, reports CNBC-TV18. He wrote a letter to the Satyam board admitting that the IT

08-Jan-09

Satyam To Project Highest December Growth Amongst Peers

EFYTimes (press release), India

Satyam is expected to report the highest growth in rupee revenues for the December quarter amongst its peer group, and its dollar revenues are expected to

08-Jan-09

CardScan - Visiting Card Scanner with software

CIOL, India

MUMBAI, INDIA: Excel Systems, the authorized sub distributor for CardScan in Maharashtra has announced special price offer for January 2009. ...

08-Jan-09

Apple rolls out 17-inch MacBook Pro, new software, iTunes Store tweaks

ITvoir, India

At Apple's first Steve Jobs-less Macworld keynote in more than a decade (and the last Macworld for Apple), Apple marketing chief Philip Schiller introduced ...

08-Jan-09

SmartOps Enterprise Inventory Optimization Software Licensed by ...

IT News Online, India

PITTSBURGH, Jan. 7 /PRNewswire/ -- SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, announced that its

08-Jan-09

Mobile Software Management Promises New Revenue Opportunities for ...

IT News Online, India

WALTHAM, Mass., Jan. 7 /PRNewswire/ -- With the growing need for mobile operators to rapidly launch new services and applications, and with increasing ...

08-Jan-09

GainSpan Licenses Wipro-NewLogic’s WiLD 802.11 WLAN IP for Extreme ...

Prdomain Business Register (press release), India

6 Jan 2009 , Lustenau, Austria : Wipro-NewLogic, the semiconductor IP business of Wipro Limited (NYSE:WIT) and the number one provider of wireless

08-Jan-09

Hyland Software's Solution Tops the Charts in Annual Healthcare ...

IT News Online, India

CLEVELAND, Jan. 7 /PRNewswire/ -- How are healthcare organizations managing to improve patient care in this time of ever-tightening budgets? ...

08-Jan-09

CIMCON Software Reinforces Market Leadership with Strong ...

IT News Online, India

BOSTON, Jan. 7 /PRNewswire/ -- CIMCON Software, Inc., the pioneering market leader in spreadsheet controls and compliance, today announced the completion of ...

08-Jan-09

Smith Micro Software's Consumer Group Signs Agreement To Publish ...

PressReleasePoint (press release), India

ALISO VIEJO, CA Smith Micro Software, Inc. (NASDAQ:SMSI) Consumer Group today announced it has signed an agreement with Planetwide Games, Inc to publish .

08-Jan-09

IBM Delivers New "Social" Lotus Notes and Free Symphony Software ...

Prdomain Business Register (press release), India

6 Jan 2009 , San Francisco, CA : At Macworld, IBM (NYSE:IBM) today announced the availability of Lotus Notes 8.5 collaboration software with social

08-Jan-09

Livescribe desktop software for Mac users

CIOL, India

SAN FRANCISCO, USA: Livescribe Inc. has announced its native Livescribe Desktop software for Mac, version 1.0, for its Pulse smartpen at theMacworld ...

08-Jan-09

NEC develops automatic software for cell phones

Moneycontrol.com, India

NEC Corporation, a leading IT and enterprise business solutions provider announced that it has developed automatic software for cell phones that quickly and

08-Jan-09

FutureView Technologies Announces Newest Software Innovation

TechWhack (press release), India

FutureView Technologies today announced to the media, the release of its newest software innovation. This product labeled “InterActive Operator” is a Video ...

08-Jan-09

TrueWireless Stereo Software for Bluetooth Devices

ChannelTimes.com (press release), India

By ChannelTimes Staff CSR has launched TrueWireless Stereo, a new software development kit, based on CSR's BlueCore5-Multimedia platform for high-end ...

09-Jan-09

Indian offshoring story intact despite Satyam fraud: Tesco

Economic Times, India

BANGALORE: The barrage of negative publicity surrounding Satyam Computer Services following disclosure of financial irregularities by its former chairman ...

09-Jan-09

Satyam shadow on 108 Ambulance Service

Times of India, India

JAIPUR: Various projects running under the platform of Satyam Computer Services are likely to be hit in the country. In the state, apprehensions have been ...

09-Jan-09

Mastek Q3 net dips 24% on flat revenue growth

Economic Times, India

MUMBAI: Mastek, in the first set of numbers from the IT industry after the mind-numbing Satyam fraud, on Thursday announced subdued results for the quarter ...

09-Jan-09

Is there a political move to bailout Satyam ex-chief?

NDTV.com, India

Will former Satyam chief Ramalinga Raju's ability to win friends and influence people in the political sphere bail him out of the present crisis? ...

09-Jan-09

Satyam slapped with 2 class action suits in US

Times of India, India

While thousands of small investors in India have been helplessly watching their shares in Satyam turn into dust, their counterparts in the US have promptly ...

09-Jan-09

BPO staff moves court against forced marriage bid

Times of India, India

PUNE: A 24-year-old woman BPO employee here has sought the protection of the court against her parents and brother who allegedly want to get her married ...

09-Jan-09

Tax sleuths on Satyam trail

Economic Times, India

NEW DELHI: When it rains, it pours. The Central Board of Direct Taxes (CBDT) has launched an investigation into Satyam Computer Services, joining a growing

09-Jan-09

Now, Fifa says it will monitor Satyam

Times of India, India

KOLKATA: A day after reposing full faith in Satyam's ability to meet its commitments, football's governing body Fifa sang a different tune on Wednesday. ...

09-Jan-09

How to avoid a Satyam in your portfolio

Times of India, India

Ever heard of the phrase pump & dump? What about blab & grab? Well, you wouldn't have lost money on a company like Satyam if you knew the meaning of these

09-Jan-09

Satyam may taste sub-Rs 20 levels: Analysts

Economic Times, India

8 Jan 2009, 2126 hrs IST, PTI MUMBAI: Shares of Satyam Computer is likely to continue with its free fall in the morning trade on the bourses on Friday, ...

09-Jan-09

Price Waterhouse says audit of Satyam in accordance with auditing ...

Economic Times, India

MUMBAI: Price Waterhouse, the statutory auditor to Satyam Computers, on Thursday said that its audit of Satyam's books were conducted in accordance with ...

09-Jan-09

Katrina, Aishwarya, Sania have competition from Satyam in Google!

Economic Times, India

KOLKATA: Katrina Kaif, Aishwarya Rai, Sania Mirza and Sachin Tendulkar were among the most popular online celebs in Year 2008. But guess who's about to give

09-Jan-09

Satyam looks out for a buyer

NDTV.com, India

The cat is finally out of the bag and this time it’s straight from the horse's mouth. Satyam is looking out for a buyer, who will help pump in money and ...

09-Jan-09

Satyam employees being fed with positive inputs

Economic Times, India

8 Jan 2009, 1910 hrs IST, PTI PUNE: A Satyam employee attached to its Pune unit on Thursday said after the initial shock and disbelief, it was "business as

09-Jan-09

MFs get extra-cautious after Satyam fracas

Economic Times, India

MUMBAI: The crisis over Satyam has left the mutual fund industry in the wilderness as to what extra precautionary measures can be taken to judge the quality .

09-Jan-09

Were Satyam investors naive?

Economic Times, India

MUMBAI: Hindsight, it is said, explains the injury that foresight could have prevented. While foresight is the preserve of visionaries, history classes are

09-Jan-09

Satyam falls off engg colleges' priority list

Times of India, India

PUNE: The unprecedented accounting fraud involving software major Satyam Computer Services Limited has evoked a sense of shock and indignation among

09-Jan-09

Satyam campus recruits may never join

Times of India, India

HYDERABAD: The students, who have been waiting for more than six months to get into Satyam Computers, might not get the call from their prospective

09-Jan-09

Infy not to hire Satyam employees

Economic Times, India

NEW DELHI: Infosys Technologies, the country’s second-largest IT services exporter by sales, has told its human resources (HR) executives to refrain from ...

09-Jan-09

All eyes on new team at Satyam

NDTV.com, India

Satyam has now put together a team of 10 executives to get things back to normal for the company. The executives have pledged to work hard and bring the ...

09-Jan-09

Infy not to hire Satyam employees

Economic Times, India

NEW DELHI: Infosys Technologies, the country’s second-largest IT services exporter by sales, has told its human resources (HR) executives to refrain from .

09-Jan-09

Fate of Satyam hangs in balance

Economic Times, India

MUMBAI: Fortune favours the brave, so a large number of retail investors believed, as they bought into the Satyam stock on Wednesday even as it was sliding

09-Jan-09

Netas keep mum on Satyam fraudster

Times of India, India

HYDERABAD: In a striking contrast to the spirited campaign against the fraud committed by fisheries department executive engineer V Suryanarayana,

09-Jan-09

Chiru blames Cong, TDP for Satyam fiasco

Times of India, India

GIDDALUR (Prakasam): Reacting sharply to the Satyam fiasco, Prajarajyam Party chief Chiranjeevi has alleged that both the Congress and TDP leaders have

09-Jan-09

RBI seeks data from banks with exposure to Satyam

Business Standard, India

The Reserve Bank of India (RBI) has sought data from banks, which have direct or indirect loan and equity exposure to Satyam Computer Services and its

09-Jan-09

BPO staff moves court against forced marriage bid

Times of India, India

PUNE: A 24-year-old woman BPO employee here has sought the protection of the court against her parents and brother who allegedly want to get her married ..

09-Jan-09

Satyam's proposed IT park in Ahmedabad under a cloud

Economic Times, India

8 Jan 2009, 2326 hrs IST, PTI AHMEDABAD: Satyam Computer Services' proposed IT park in Gandhinagar is likely to be abandoned following the massive Rs 8000 ..

09-Jan-09

Satyam founders' stake drops further

Reuters India, India

MUMBAI (Reuters) - SRSR Holdings, an investment vehicle of the promoters of Satyam Computer, has sold a 1.27 percent stake of pledged shares in the ...

09-Jan-09

Rival firms plan to tap talent as Satyam workers look for jobs

Livemint, India

New Delhi: Executives at job search firms have started receiving more calls and resumes from employees of Satyam Computer Services Ltd in the last two days ...

09-Jan-09

‘Satyam con will have a huge impact on India Inc’

Expressindia.com, India

Ahmedabad The Satyam controversy has come as a rude shock and is going to have a larger impact on India Inc. The roles of independent directors,

09-Jan-09

‘Satyam con will have a huge impact on India Inc’

Expressindia.com, India

Ahmedabad The Satyam controversy has come as a rude shock and is going to have a larger impact on India Inc. The roles of independent directors,

09-Jan-09

Wipro Safewash -Get two for the price of one

Moneycontrol.com, India

Wipro Safewash, the only liquid detergent for woolens enriched with the goodness of Neem, comes with a special offer of one plus one absolutely free!

09-Jan-09

RPT-Mastek lowers 2008/09 revenue growth target

Reuters India, India

MUMBAI, Jan 8 (Reuters) - Software services firm Mastek Ltd (MAST.BO: Quote, Profile, Research) on Thursday slashed its revenue growth target for the year

09-Jan-09

Post-Satyam saga, sops lose attractiveness

Business Standard, India

With the uncertainties in the stock market, furthered by instances such as the Satyam fraud, the employees’ stock option programme, which has been used as a

09-Jan-09

Oracle pledges support to Satyam

Economic Times, India

BANGALORE: Enterprise software major, Oracle assured Satyam of its support across the ongoing customer projects, on Wednesday. In a letter to the interim

09-Jan-09

Investor group wants Sebi to supersede Satyam board

Business Standard, India

Mumbai-based investor protection group Small Investor Grievances Association (SIGA) headed by former BJP MP Kirit Somaiya has written a letter to stock ...

09-Jan-09

Indian ADRs: Tata Comm, Patni, Wipro down

Moneycontrol.com, India

US markets ended mixed as dismal December retail sales offset strength in techs, led by Microsoft. Wal Mart led the Dow's decline, falling 8.5%, .

09-Jan-09

FACTBOX: Five facts about Indian outsourcer Satyam

Reuters India, India

BANGALORE (Reuters) - The chairman of Satyam Computer Services, India's 4th-biggest software services exporter, announced his resignation on Wednesday, ...

09-Jan-09

Satyam employees share their fears on community portals

Economic Times, India

MUMBAI: Even as the Satyam saga unfolds, leading internet portals have been buzzing with comments and worried discussions by Satyam community groups and .

09-Jan-09

Spirit of Satyam’ lives on

Sify, India

Hyderabad: Braving gloom and uncertainty facing them, scores of Satyamites, today put up a show of solidarity in front of its offices across the city and

09-Jan-09

Vulture funds may look at Satyam

Reuters India, India

By Madhav A Chanchani & Shrija Agrawal (VCCircle.com) Larsen & Tubro (L&T) has increased stake in the firm to 3.5-4% and can also emerge as a potential

09-Jan-09

US markets tumble; Satyam crashes 91%

Business Standard, India

The US markets tanked on Wednesday as companies announced weak business conditions and earnings decline. The Dow Jones fell 245 points or 2.7% to 8770

09-Jan-09

Govt orders inspection of eight Satyam companies

Hindu Business Line, India

New Delhi, Jan. 8 The Ministry for Corporate Affairs (MCA) has ordered inspection of books of accounts of eight Satyam Group companies under the provisions ...

09-Jan-09

Satyam claims: New India, Tata AIG may explore exit options

Hindu Business Line, India

Sources said that all D&O risks had riders built into them, in the form mis-declaration or non-declaration of material facts. Bangalore, Jan. ...

09-Jan-09

Infosys is most trusted company, finds Mint poll

Livemint, India

The snap poll was done a day after former Satyam chairman B. Ramalinga Raju admitted in a letter that the company’s books had been cooked to hide problems

09-Jan-09

Fraud investigation office to look into Satyam's case

TopNews, India

Government would take stern action against the guilty involved in financial bungling in Satyam Computer Services. The Serious Fraud Investigation Office ..

09-Jan-09

Errors in software may have caused aberrations in draw: DDA

Zee News, India

New Delhi, Jan 08: In the eye of a storm over allotment of about 5000 flats, Delhi Development Authority (DDA) on Thursday indicated that technical errors ...

09-Jan-09

Satyam open to sell-off, says Interim CEO

Zee News, India

Hyderabad, Dec 08: Facing a severe liquidity crunch as a result of the fraud by its founder B. Ramalinga Raju, Satyam Computers announced it is scouting for

09-Jan-09

'Govt will ensure Satyam employees do not suffer'

Rediff, India 

D r Ashwani Kumar, Union minister of state for commerce and industry, said on Thursday that the government will ensure that the Satyam [Get Quote] employees .

09-Jan-09

Satyam may lose land if projects get delayed

Express Buzz, India

HYDERABAD: Satyam Computers is likely to lose the 82 acres allotted to it by the State Government in Hyderabad and Visakhapatnam, if it fails to honour the ...

09-Jan-09

Satyam open to sell-off, says Interim CEO

Zee News, India

Hyderabad, Dec 08: Facing a severe liquidity crunch as a result of the fraud by its founder B. Ramalinga Raju, Satyam Computers announced it is scouting for .

09-Jan-09

CPM wants Govt to take over Satyam

Express Buzz, India

HYDERABAD: The CPM wanted the Government to consider taking over the Satyam Computers Services Ltd in the wake of the global financial crisis.

09-Jan-09

'Govt will ensure Satyam employees do not suffer'

Rediff, India

D r Ashwani Kumar, Union minister of state for commerce and industry, said on Thursday that the government will ensure that the Satyam [Get Quote] employees

09-Jan-09

Is Satyam staring at Ctl+Alt+Del?

Indian Express, India

Mumbai / New Delhi: As the Satyam drama unfolds, more clarity on its financial standing will emerge once the auditors recast the books after accounting for

09-Jan-09

Satyam scam not the 1st involving IT companies

Livemint, India

Bangalore: The scam involving Satyam Computer Services Ltd isn’t the first to to strike India’s software industry, although the scale of the accounting

09-Jan-09

ISB dean quits over Satyam fraud

India Today, India

As the Satyam saga unfolds and more skeletons come out of the closet, many more heads are rolling as a result of this spiralling crisis. ...

09-Jan-09

Satyam Comp committed to customers in Asia-Pacific: Senior VP

Press Trust of India, India

Singapore, Jan 8 (PTI) Allaying the fears of employees and clients in the Asia-Pacific, Satyam today said it is committed to its customers in the region. ...

09-Jan-09

Fraud investigation office to look into Satyam's case

TopNews, India

Government would take stern action against the guilty involved in financial bungling in Satyam Computer Services. The Serious Fraud Investigation Office

09-Jan-09

Will Satyam survive the blow?

Livemint, India

Faced with numerous lawsuits and cash that may be enough only to honour a month’s salaries, the key question is if Satyam will survive.

09-Jan-09

Satyam audit conducted on relevant principles: PwC

Moneycontrol.com, India

Pricewaterhouse––the auditors of Satyam has just issued a statement clarifying their end of the story. CNBC-TV18's Abhijit Neogy reports on the statement

09-Jan-09

CPI urges PM for judicial probe into Satyam fraud

Indopia, India 

Kolkata , Jan 8 CPI today urged Prime Minister Manmohan Singh to order a judicial probe into the financial fraud in the Satyam Computers to establish

09-Jan-09

Software : Now, software that turns iPod into a phone

Entertainment and Showbiz!, India

With a freeware application for the iPod Touch, your swanky music player can be turned into a virtual mobile phone, say the software’s creators. ...

09-Jan-09

No IMEI on your cellphone? Load this software

Daily News & Analysis, India

Your Chinese cell phone, bought at a throwaway price from the grey market, might just conk off soon if it does not have an International Mobile Equipment ...

09-Jan-09

Clients of Satyam may look elsewhere: Forrester

Indopia, India

The clients of the beleaguered Satyam Computer Services may be forced to review their contracts and may look at other offshore suppliers, an analyst firm ...

09-Jan-09

Sensex: Satyam out, Sun Pharma in

Rediff, India

The Bombay Stock Exchange is to remove Satyam [Get Quote] Computer from its benchmark index, Sensex and its place will be taken by Sun Pharma [Get Quote].

09-Jan-09

TABLE-Mastek Oct-Dec net profit up 23 pct

Reuters India, India

Jan 8 (Reuters) - Three months ended Dec 31 (versus the same period a year earlier, in million rupees unless stated) Net profit 229.8 vs 187.2 Net sales

09-Jan-09

Satyam fall lifts Gold prices

Commodity Online, India

NEW DELHI: Satyam impact started showing in gold prices also. When the Satyam Computers hit Sensex in India, investors started shifting their money to gold

09-Jan-09

HCL Infosystems: Idea factory

India Business Today, India

What on earth is happening at HCL Infosystems? The company doesn’t have the slick marketing savvy of a Microsoft or the impressive campus of an Infosys or a

09-Jan-09

Omnify Software Named to the 2007 START-IT 125

PressReleasePoint (press release), India

Andover, MA, March 20, 2007- Omnify Software, a leading provider of product lifecycle management (PLM) software for electronic, medical, mechanical, ...

09-Jan-09

Satyam fiasco outrageous: Joseph Foresi

CXOToday.com, India

By UTVi Desk Foresi: There's no reason to assume their books are cooked. They all have different auditors. A scheme like this can only include a few people.

09-Jan-09

Demand for criminal case against Satyam

IT Examiner, India 

By Agency Wires @ Thursday, January 08, 2009 6:51 AM Investors' Grievances Forum president Kirit Somaya demanded registration of a criminal complaint by the

09-Jan-09

TCS' Dec qtr PAT seen at Rs 1407.9 cr: Religare

Moneycontrol.com (press release), India

Religare Hichens Harrison Research has come out with its earning estimates on IT sector for the quarter ended December 2008. According to the research firm, ...

09-Jan-09

The rise, rise and fall of Satyam

India Business Today, India

Satyam founder B. Ramalinga Raju, who shocked India by admitting massive fraud over several years, was the Ernst and Young Entrepreneur of the Year in 2007

09-Jan-09

[Assam] Satyam, India's Enron?

AssamNet, India

It may be good for us if you share the secret info you have on South Asian business ethics. I mean Enron or MCI happened in US I thought ... not in South

09-Jan-09

US Law Firm Files Lawsuit Against Satyam

EFYTimes (press release), India

The law firm of Izard Nobel LLP has filed class action lawsuit against Satyam Computer Services Ltd in the United States District Court for the Southern .

09-Jan-09

Satyam fraud: Retail investors bear the brunt

Economic Times, India

MUMBAI: In October 2006, VS Ramanathan, 52, bought 30 Satyam Computers shares in two batches-at Rs 450 and Rs 488. The exposure of Kaushal Shah,

09-Jan-09

Govt may intervene in Satyam board making

Economic Times, India

NEW DELHI: To control the damage and save investment of shareholders, government may intervene to reconstitute the board of directors of Satyam Computers

09-Jan-09

Crux of the scam in Satyam

Economic Times, India

A : In essence, what disgraced chairman Ramalinga Raju has now admitted is that the company had been cooking its books to show higher revenues and lower ..

09-Jan-09

ISB dean quits over Satyam fraud

India Business Today, India

As the Satyam saga unfolds and more skeletons come out of the closet, many more heads are rolling as a result of this spiralling crisis. ...

09-Jan-09

Remaining in Business Top Priority": Satyam

CXOToday.com, India

By CXOtoday Staff The top management of Satyam Computers, which has been battered by revelations of massive accounting fraud, said their immediate goal is

09-Jan-09

Satyam Chief Financial Officer Srinivas resigns

Siliconindia.com, India

By IANS Hyderabad: Chief Financial Officer (CFO) Vadlamani Srinivas of the tainted Satyam Computer Services Ltd resigned from the IT bellwether a day after

09-Jan-09

Mio Technology Brings New GPS Models, Software Interface ...

IT News Online, India

LAS VEGAS, Jan. 8 /PRNewswire/ --Mio Technology has put itself in the GPS driver's seat at CES 2009, announcing new portable navigation devices (PNDs), ...

09-Jan-09

Wipro-NewLogic’s high Speed Interface Technology to be Included in ...

Business Wire India (press release), India

Wipro-NewLogic, the semiconductor IP business of Wipro Limited(NYSE:WIT) and the number one provider of wireless connectivity IPs, today announced the ..

09-Jan-09

ASOCS Demonstrates MP100 MultiComms(TM) Processor With WiFi ...

IT News Online, India

LAS VEGAS, January 8 /PRNewswire/ -- ASOCS, the leading developer of wireless MultiComms processors and system solutions for handheld devices today ...

09-Jan-09

AGS Infotech Unveils its Upgraded Digital Signage Software

Network Computing, India

AGS Infotech, an AGS Group company has recently introduced a new feature in its Digital Signage software called MyOwnChannel. This feature captures animated ...

09-Jan-09

Netrino to incorporate IAR System's software design tool in its ...

EE Herald, India

Netrino and IAR Systems today announced an alliance to incorporate the IAR visualSTATE high-level software design tool in Netrino's "Embedded Software Boot ...

09-Jan-09

Confirmit Partners With Magnetic North to Deliver Software-as-a ...

TechWhack (press release), India

New York, NY and Oslo, Norway – January 8, 2009: Confirmit has partnered with Magnetic North to deliver a hosted telephony platform that enables Global 5000 ...

09-Jan-09

Nutrition Software nutrinote 2009: Lose Weight With the Help of a ...

IT News Online, India 

DUISBURG, Germany, January 8 /PRNewswire/ -- The new nutrition software nutrinote 2009 is meant for everyone who wants to achieve long-lasting weight loss ...

09-Jan-09

Accounting Scandal Rocks Indian Outsourcer Satyam

Network Computing, India

Founder and chairman B. Ramalinga Ramu's quick departure sends customers scrambling to evaluate how the company's financial fraud will impact their own IT

09-Jan-09

SAP Wants Oracle to Reveal Software, Support Profit Margins

CIO India, India

In quarterly earnings reports, software vendors regularly trumpet statistics such as growth in earnings per share or the increase in revenue for general ...

09-Jan-09

DSS To Release vxVistA As Open Source Software

EFYTimes (press release), India

Commenting on the occasion, Mark Byers, president and CEO, DSS, Inc., said, "vxVistA is being released as open source software at a critical time in this ...

09-Jan-09

Sun Acquires Cloud Computing Software Supplier, Q-Layer

Network Computing, India

The company's NephOS -- data center modeling and orchestration system product -- works with VMware's ESX, open source Xen, or Sun's xVM VirtualBox.

10-Jan-09

Govt takes charge of Satyam

Economic Times, India

NEW DELHI/HYDERABAD: The Satyam drama reached its climax on Friday evening with its promoters B Ramalinga Raju and B Rama Raju arrested by the Andhra ...

10-Jan-09

Headhunters on prowl for Satyam top teams

Economic Times, India

NEW DELHI/KOLKATA: The next few months are expected to bring a mixed bag of opportunities for Satyam employees. While large IT firms are ready to snap up ...

10-Jan-09

NYSE halts trading in Satyam ADRs for third day in a row

Economic Times, India

9 Jan 2009, 2116 hrs IST, PTI NEW YORK: Trading in Satyam Computer remained halted for the third day today at the US and Amsterdam bourses of the New York ...

10-Jan-09

Tech colleges revisit placements after Satyam fiasco

Economic Times, India

AHMEDABAD: Only last week, Mahendra Patel (name changed on request), a student of Ahmedabad-based Nirma Institute of Technology (NIT) got placed with Satyam ...

10-Jan-09

Satyam's bank statements go missing

Times of India, India

NEW DELHI: The skeletons just won’t stop tumbling out of Satyam’s cupboard. It now turns out that B Ramalinga Raju and his associates may have spirited away ...

10-Jan-09

Fund houses increased Satyam stake in Dec

Economic Times, India

If you are one of those who tried to average out investment losses in Satyam Computer Services counter in late December by buying more shares at lower ...

10-Jan-09

Satyam could get a tax refund

Economic Times, India

HYDERABAD/MUMBAI: There could be a silver lining for Satyam amid the dark clouds. The scam-tainted IT services company, whose accounts could be scrutinised ...

10-Jan-09

Satyam woes to help rivals TCS, Wipro & Infy

Economic Times, India

MUMBAI: The billion dollar scam at Satyam Computers has led to a rally in stocks of IT bellwethers, on speculation Satyam’s clients might turn to its

10-Jan-09

Day traders gain Rs 37 cr from Satyam stock

Economic Times, India

9 Jan 2009, 2147 hrs IST, PTI MUMBAI: Amid volatility in Satyam shares, day traders today made gains to the tune of Rs 37 crore from their transactions in ...

10-Jan-09

Parekh, IIM-A professor may join Satyam board

Economic Times, India

9 Jan 2009, 2200 hrs IST, PTI NEW DELHI: HDFC Chairman Deepak Parekh and IIM-A Professor Jayant Varma are being tipped to join the new board of the

10-Jan-09

NASSCOM hails govt's move to restructure Satyam Board

Economic Times, India

9 Jan 2009, 2142 hrs IST, PTI NEW DELHI: IT industry body Nasscom on Friday welcomed the government's move to disband the existing board of Satyam and its ...

10-Jan-09

Satyam woes to help rivals TCS, Wipro & Infy

Economic Times, India

MUMBAI: The billion dollar scam at Satyam Computers has led to a rally in stocks of IT bellwethers, on speculation Satyam’s clients might turn to its ...

10-Jan-09

BJP demands deep probe in Satyam scam

Hindu, India

New Delhi (PTI): Demanding a probe by central regulatory agency into the financial irregularities committed by software company Satyam, BJP today alleged .

10-Jan-09

Satyam saga continues to drag down market as FIIs turn cautious

Economic Times, India

Equity benchmarks extended losses to the second-straight session on Friday in volatile trade, reflecting the extent of nervousness about the impact of the ...

10-Jan-09

Outlook murky as scepticism on Satyam grows

Economic Times, India

MUMBAI: Even as the market was coming to terms with the bleak economic scenario, Satyam Computer chairman Raju’s damning confession dashed investor hopes,

10-Jan-09

Tough call stopping trade in Satyam scrip: Uday Kotak

Economic Times, India

9 Jan 2009, 1522 hrs IST, PTI NEW DELHI: Kotak Mahindra Group MD Uday Kotak on Friday said it will be tough for stock exchanges to decide whether to stop ...

10-Jan-09

Retail investors look at SEBI post Satyam

Economic Times, India 

MUMBAI: The accounting fraud at Satyam Computer has acted as an eye opener for retail investors in making their investment decisions. ...

10-Jan-09

MNCs queue up to Certified Fraud Examiners after Satyam scam

Economic Times, India

9 Jan 2009, 1658 hrs IST, PTI NEW DELHI: In a bid to safeguard their firms against fraud, many multinational companies are contacting Certified Fraud

10-Jan-09

Regulators, govt tighten noose around Satyam

Business Standard, India 

A day after Satyam Computer Services’ Founder and Chairman B Ramalinga Raju made his sensational disclosures about fudging the company’s accounts for ...

10-Jan-09

CID begins probe into Satyam Computer fiasco

Economic Times, India

9 Jan 2009, 1532 hrs IST, PTI HYDERABAD: The Criminal Investigation Department of the Andhra Pradesh Police has launched investigation into the Satyam

10-Jan-09

Govt move on Satyam to help restore confidence: Industry

Economic Times, India

9 Jan 2009, 2124 hrs IST, PTI NEW DELHI: Industry on Friday hailed disbanding of the board of directors of Satyam Computer Services, saying the move will ...

10-Jan-09

Satyam has a police station in its name

Times of India, India

HYDERABAD: On Friday morning, even as Satyam investors were waiting for the police and the goverment to act, it was just another day at ‘Satyam Police ..

10-Jan-09

Government seizes Satyam’s documents

Hindu, India

NEW DELHI: Union Minister of Corporate Affairs Prem Chand Gupta on Friday said a team of government officials probing the Rs.7800-crore fraud in Satyam

10-Jan-09

Satyam fraud worries Indian expatriates

NDTV.com, India

It is the key point of discussion at the ongoing NRI conference, the Pravasi Bharatiya Divas in Chennai. "We need to look at what happened in the US.

10-Jan-09

Satyam's IT project in Gujarat may be abandoned

NDTV.com, India

PTI Scandal-hit Satyam Computer Services is likely to abandon its proposed IT park project in Gandhinagar in view of the multi-crore fraud in the Hyderabad-

10-Jan-09

Orissa reluctant in allotting additional land to Satyam

Economic Times, India

9 Jan 2009, 2205 hrs IST, PTI BHUBANESWAR: Worried over the imbroglio in Satyam Computer Services, the Orissa government has said it would think 'several ...

10-Jan-09

TCS, HUL shine in choppy market; Sensex ends down 180pts

Business Standard, India

The Sensex opened 152 points lower at 9435. After an initial dip the index rebounded into the positive zone and touched a high of 9630. ...

10-Jan-09

Another lawsuit filed against Satyam in US

Economic Times, India

9 Jan 2009, 2137 hrs IST, PTI NEW YORK: A new class action lawsuit was filed in the US courts Friday against Satyam Computer, which already has two more ...

10-Jan-09

Satyam takeover not possible for now

Hindu, India

HYDERABAD: With the Government stepping in, the whole saga of Satyam Computer Services has attained new dimensions. The scope for any takeover to scoop out

10-Jan-09

Mastek net profit up 16%

Business Standard, India

PTI / Mumbai January 08, 2009, 20:21 IST IT services and solutions company Mastek today said its net profit rose by 16 per cent to Rs 31.1 crore for the ...

10-Jan-09

Kiran Karnik may be appointed as one of the directors at Satyam

Economic Times, India

NEW DELHI: The government has sounded out the former chief of software industry body NASSCOM Kiran Karnik among other luminaries to join the board of Satyam

10-Jan-09

Tamil Nadu shuns IT industry; says invest in brick kilns

Economic Times, India

9 Jan 2009, 1722 hrs IST, PTI CHENNAI: Tamil Nadu, the country's third largest IT services exporter, on Friday said it no longer needed investments in the ...

10-Jan-09

Were Satyam investors naive?

Economic Times, India

MUMBAI: Hindsight, it is said, explains the injury that foresight could have prevented. While foresight is the preserve of visionaries, history classes are

10-Jan-09

Satyam a short-term shock for Indian shares - DBS Chola

Reuters India, India

By Nishant Kumar MUMBAI (Reuters) - The fallout from events at Satyam Computer Services will threaten foreign flows into Indian shares in the short-term as

10-Jan-09

Dalal St Spike: Satyam slumps 40%, down 87% in two days

Business Standard, India

Satyam nose-dived for the second day in a row, although the stock did end faily above the day's low. AP govt mulls bailout package for Satyam The stock

10-Jan-09

All is not lost for Satyam investors: Experts

Moneycontrol.com, India

Despite the pain of the last three days after Satyam's former Chairman Ramalinga Raju revealed that the IT major's books were doctored by Rs 7000 crore and .

10-Jan-09

West Bengal government ready to give Satyam more land

Economic Times, India

KOLKATA: West Bengal government will give 25 acres land to scam-tainted IT company Satyam Computers in the state if they want it, Information Technology ...

10-Jan-09

Rivals wooing Satyam clients, employees: Forrester

Hindu Business Line, India

NEW DELHI: Over half a dozen rivals of the tainted IT firm Satyam Computer have started exploring ways to take over the business from its various clients, ...

10-Jan-09

Retail investors look at SEBI post Satyam

Economic Times, India

MUMBAI: The accounting fraud at Satyam Computer has acted as an eye opener for retail investors in making their investment decisions. .

10-Jan-09

PwC Global Chief to visit India post Satyam debacle

Moneycontrol.com, India

Samuel Di Piazza Jr, Global CEO, PricewaterhouseCoopers, will be visiting India tomorrow to take stock of the Satyam impact, reports CNBC-TV18 quoting

10-Jan-09

Satyam welcomes Govt move to take charge

IBNLive.com, India

New Delhi: Satyam Computers has welcomed the Union Government's move to disband the existing board. "We welcome this decision which will ensure

10-Jan-09

Birla Sun Life mutual says dumps Satyam

Reuters India, India

MUMBAI (Reuters) - The Indian mutual fund venture of Canadian insurer Sun Life Financial has dumped Satyam Computer Services in the last three days,

10-Jan-09

How were accounts fudged at Satyam?

NDTV.com, India

Raju's confession has shocked the nation but it also exposes the dark underbelly of corporate India’s big balance sheets. The numbers were fudged,

10-Jan-09

Satyam out of Dow Jones India index too

Business Standard, India

Dow Jones Index, a global index provider, has removed Satyam Computer Services from its Dow Jones India Titans 30 index due to "financial distress". ...

10-Jan-09

Midcaps to be hit post Satyam scam: Ambareesh Baliga

Moneycontrol.com, India

Ambareesh Baliga, Karvy Stock Broking feels markets could correct a bit more. According to him, there is still shock and disbelief in markets. ...

10-Jan-09

Should companies block the hiring of Satyam employees? Write in

Economic Times, India

The Satyam story seems to be over. But what about its 53000 employees? From here, where does the story go? The job market is abuzz with Satyam resumes ...

10-Jan-09

Satyam shares down 55%

Economic Times, India

MUMBAI: Shares of Satyam Computers extended their plunge to a second straight session on Friday, as investors are yet to be convinced about the interim

10-Jan-09

Satyam issue gets murkier

Sify, India

Arun Kejriwal runs his own advisory firm, M/s Kejriwal Research and Investment Services Pvt Ltd. He advises HNIs, corporates and brokers on managing ...

10-Jan-09

Delhi police seize DDA software

MSN India, India

New Delhi: Delhi Police has seized the software used by Delhi Development Authority (DDA) for the controversial draw of lots for over 5000 flats in the ...

10-Jan-09

Sell Satyam: Indiabulls Securities

Moneycontrol.com, India

Indiabulls Securities Research has recommended a sell rating on Satyam Computer Services in it January 8, 2009 research report. "We expect Satyam to report

10-Jan-09

Chandrababu Naidu owns 60% of Satyam'

Sify, India

New Delhi: The political scenario can change overnight in Andhra Pradesh if the claims made by a website that the Telugu Desam party chief, ...

10-Jan-09

Satyam shadow over drinking water project?

Express Buzz, India

HYDERABAD: The prestigious Rs 3375-crore Godavari Drinking Water Supply Scheme (GDWSS) Phase-I project for Greater Hyderabad appears to be in trouble on

10-Jan-09

Satyam row will have no impact on Karnataka: Acharya

Indopia, India

Bangalore , Jan 9 The major financial fraud in Satyam Computers will have no impact on the Karnataka Government&aposs ambitious healthcare programme" Arogya .

10-Jan-09

Satyam's Qatar plan on track: official

Press Trust of India, India

Dubai, Jan 9 (PTI) Scandal-hit Satyam Computer Services has said it will go ahead with its plans to establish a wholly-owned branch in Qatar, ...

10-Jan-09

Wipro-NewLogic’s high Speed Interface Technology to be included in ...

Financial Express, India

Bangalore: Wipro-NewLogic, the semiconductor IP business of Wipro Limited and the number one provider of wireless connectivity IPs, announced the inclusion

10-Jan-09

Satyam fraud is a systematic failure, not of an individual: Madhav ...

Livemint, India

New Delhi: Referring to the Satyam fiasco, Madhav Mehra, president of UK based World Council for Corporate Governance, addressing a press conference in New

10-Jan-09

Sensex Down 126.02 Pts; TCS, HUL Surge

TopNews, India 

http://topnews.in/files/Sensex-Down-News_3.jpg " alt="Sensex Down 126.02 Pts; TCS, HUL Surge" title="Sensex Down 126.02 Pts; TCS, HUL Surge" width="191" ...

10-Jan-09

Mastek’s poor showing reaffirms market concerns

Livemint, India

Technnology solutions firm Mastek Ltd reported disappointing results for the December quarter, with revenues declining by 3% sequentially

10-Jan-09

India Hot Stocks:Mastek falls after it cuts growth target

Reuters India, India

MUMBAI, Jan 9 (Reuters) - The following stocks were on the move at the BSE on Friday. At 10.06 am the benchmark 30-share BSE index

10-Jan-09

Satyam: Expert’s View

Livemint, India

Livemint Radio presents ”Satyam Deconstructed”, a live discussion that examines the Satyam debacle, but from many angles. Ved Jain, Head ICAI, .

10-Jan-09

Read text of Satyam's circular on mandatory retention of documents

Economic Times, India

This notice is being sent to anyone that might possess documents, in any form, relating to the investigation of the accounting and financial issues at

10-Jan-09

LogicNP Software intros VS Explorer for VS

CIOL, India

PUNE, INDIA: LogicNP Software has released VS Explorer which adds a Windows Explorer-Like file and folder browsing window to Visual Studio (VS). ...

10-Jan-09

Satyam fraud creates ripples in state too

Express Buzz, India

KOCHI: The turmoil caused by the Rs 7000 crore financial fraud by the Satyam Computer Services Limited has stirred up a honest’s nest in the state as well.

10-Jan-09

Pressure on Satyam scrip; Markets continue to fall

India Business Today, India

At 9:56 am, the Sensex was down 128 points at 9458 and the Nifty lost 24 points at 2896. CNX Midcap fell 2.4% to 3558. Satyam Computer falls 84 per cent at .

10-Jan-09

Dicey cos may clean up books post Satyam: Dipan Mehta

Moneycontrol.com, India

The benchmark indices continued the downtrend for the second consecutive day and ended sharply lower amid high volatility.The 50-share NSE Nifty shut shop

10-Jan-09

Satyam falls by 70 pc, market down in early trade

SamayLive, India

Mumbai, Jan 9: Satyam's shares continue to fall today as the investors don't seem to regain any faith in the company even after the top management tried its

10-Jan-09

Delhi feels the pinch of Satyam's loss

NDTV.com, India

Two US law firms have filed a class action suit on behalf of shareholders of the company. And, as the computer giant swings into damage control mode,

10-Jan-09

Midcap IT to be hit by Satyam scam: Prabhudas Lilladher

Moneycontrol.com, India

Apurva Shah, IT Analyst, Prabhudas Lilladher, said business conditions are already quite tough for second rung IT companies and this entire development on ..

10-Jan-09

Mastek strengthens leadership team

Equity Bulls, India

Mastek's differentiated business model and solutions-oriented projects have enabled it to superior returns on talent and it continues to implement measures

10-Jan-09

Mastek among major losers

Myiris.com, India

The scrip has touched an intra-day high of Rs 153.00 and low of Rs 146.00. The total volume of shares traded at the BSE is 5160. In the earlier session,

10-Jan-09

VHR urges PM for action against satyam culprits

Express Buzz, India 

HYDERABAD: Shocked at the gigantic fraud committed by Satyam computer services chairman B Ramalinga Raju, Rajya Sabha member and Chairman of Parliamentary

10-Jan-09

Infosys Among Top 20 Global Companies to Win the Most Admired ...

Webnewswire.com, India

Infosys Technologies Ltd (Infosys) has been recognized amongst the top 20 global companies to be listed in the prestigious Most Admired Knowledge

10-Jan-09

Chiranjeevi comments on Satyam-YS nexus

Siasat Daily, India

Hyderabad, January 09: Prajarajyam Chief Chiranjeevi blamed the state government headed by Rajasekhar Reddy for Satyam Computer services crisis. .

10-Jan-09

Infosys likely to test Rs 1300: Sharekhan

Moneycontrol.com, India

According to Sharekhan's report, Infosys Technologies is likely to test Rs 1300 on the upside and has strong support at Rs 1150.

10-Jan-09

Mastek rolls out SOA-based Elixir

Equity Bulls, India

Mastek rolled out the Distribution Management module, first of the modules of its new, more flexible version of Elixir™ based on Service Oriented

10-Jan-09

‘HCL TOUCH’ to offer 24x7 services in 4000 towns

Express Computers, India

In what seems to be a move towards making a favorable climate and inculcating goodwill among the existing and prospective customers for future investments,

10-Jan-09

HCL AXON Partners with CN to Develop iCREW, an Industry Solution ...

Webnewswire.com, India 

HCL AXON announced today a joint development partnership with CN to build iCREW, an SAP-based solution that addresses the crew management requirements of ...

10-Jan-09

Satyam scandal grossly unethical : IIM-C Dean

MyNews.in, India

Kolkata: Terming the Satyam episode a '''huge scandal'', Indian Institute of Management, Calcutta , (IIM-C), Dean Saibal Chattopadhyay has said the company

10-Jan-09

Satyam chief Raju will appear before SEBI Saturday, says lawyer

Newstrack India, India

Hyderabad, Jan 9 (IANS) Disgraced Satyam chief B. Ramalinga Raju will appear before market watchdog Securities and Exchange Board of India (SEBI) at 4 pm

10-Jan-09

Satyam's CFO puts in papers

Financial Express, India

Hyderabad: Satyam's Chief Financial Officer Valdamani Srinivas sent in his resignation, dealing a blow to efforts to hold the top leadership team intact,

10-Jan-09

TCS recovers sharply

Myiris.com, India 

The scrip has touched an intra-day high of Rs 538.00 and low of Rs 493.15. The total volume of shares traded at the BSE is 141291. In the earlier session, ...

10-Jan-09

Foxit Software Releases Foxit Reader 3.0 for U3

PressReleasePoint (press release), India

Enticing new features and intriguing performance enhancements make Foxit rule the roost in PDF industry with U3 platform. Fremont, Calif. – Jan. ...

10-Jan-09

Satyam fraud - not one man show: KPMG

ITvoir, India

KPMG, which audits the accounts of IT majors like Infosys and Wipro, on Friday doubted the veracity of the confessional letter written by B Ramalinga Raju,

10-Jan-09

Satyam- an Irony?

ITvoir, India 

The doings just replica of what name suggests. Employees, investors, directors and every one somehow related to Stayam is in shock. ..

10-Jan-09

Satyam fraud: Will the auditors walk away?

Economic Times, India

MUMBAI: Angry shareholders of Satyam may be miffed with the statutory auditors who have come in for sharp criticism following the dramatic revelations of

10-Jan-09

Satyam employee numbers are also inflated

Economic Times, India

HYDERABAD: Satyam’s 53000 employees are also inflated like the company’s cash reserves to siphon off funds in the name of non-existent associates .

10-Jan-09

Morning: Markets recover early lows, Satyam plunges

Livemint, India

PTI Mumbai: The Bombay Stock Exchange benchmark Sensex bounced from its early lows, trading in the green at 10:15am, on scrip-specific buying support,

10-Jan-09

How to avoid a Satyam in your portfolio

Economic Times, India

Ever heard of the phrase pump & dump? What about blab & grab? Well, you wouldn't have lost money on a company like Satyam if you knew the meaning of these

10-Jan-09

Satyam claims: New India, Tata AIG may explore exit options

Sify, India

Bangalore: Public sector New India Assurance Company Ltd (NIACL) and private sector Tata AIG General Insurance Company Ltd are unlikely to meet the

10-Jan-09

Dream ends abruptly for Satyam couple

Economic Times, India

MUMBAI: The honeymoon of Satyam couple Rohan and Neha Khurana (names changed) abruptly ended on Wednesday. "Being handpicked off the campus by Satyam was a

10-Jan-09

Satyam Welcomes Government's Move to Appoint Directors

IT News Online, India

HYDERABAD, IndiaJan. 9/PRNewswire-FirstCall/ --Satyam Computer Services Limited said today that it has received a notification from the Company Law Board,

10-Jan-09

Satyam board sacked; Raju arrested

JaiBihar, India

Police sources also say that Satyam CFO Srinivas Vadlamani is likely to be arrested on Saturday. Earlier, Securities and Exchange Board of India (SEBI) ..

10-Jan-09

Satyam head arrested, board dissolved

Express Buzz, India

An employee walks past a banner with signatures of employees expressing the spirit and unity at the Satyam head office. (Photo: Reuters) HYDERABAD: The

10-Jan-09

Satyam fraud has diaspora question corporate governance

Siasat Daily, India

Chennai, January 09: The admission of a Rs 70-billion ($1.4-billion) fraud by Satyam Computer founder-chairman B. Ramalinga Raju was a matter of hot

10-Jan-09

Satyam scandal highlights emerging market risks

Siasat Daily, India

Mumbai, January 08: A vast accounting scandal at India's Satyam Computer Services may increase investor nervousness about weak corporate governance and ..

10-Jan-09

New economy Satyam admits to oldest con: 8000-cr fudge

Siasat Daily, India

today admitted to his board and others that he had been concocting the company's accounts for the last several years. The accounting fraud, he said,

10-Jan-09

Post-Satyam, IT industry faces tough time, says diaspora

Siasat Daily, India

Chennai, January 09: Satyam Computer founder-chairman B. Ramalinga Raju's admission to committing a Rs 70-billion ($1.4 billion) financial fraud will raise

10-Jan-09

Centre has to grant bailout package to Satyam: Andhra CM

All India Radio, India

The Andhra Pradesh Chief Minister Mr YS Rajasekhar Reddy says, any bail out package for scam hit Satyam Computers will have to be announced by the Centre.

10-Jan-09

Satyam hails government move to appoint new board

Smash Hits, India

Hyderabad, Jan 10 (IANS) Scam-tainted IT bellwether Satyam Computer Services Ltd late Friday welcomed the central government's move to appoint 10 nominees ..

10-Jan-09

Post-Satyam saga, stock option loses charm

MSN India, India

On Wednesday, the employees of Satyam lost close to Rs 221 crore after investors dumped the stock. At the end of the September quarter, Satyam employees

10-Jan-09

Sage acquires 'Pocket' range of Payroll and HRMS software products ...

India PRwire (press release), India

The Sage Group plc has today announced the acquisition of ‘Pocket’ range of Payroll and Human Resource Management software and all customer contracts from

10-Jan-09

Satyam's saga a setback to IT Industry: Nilekani

Financial Express, India

New Delhi: Terming the Satyam debacle as a "black-eye", Co-Chairman of the country's second largest software firm, Infosys, Nandan Nilekani on Thursday said

10-Jan-09

Halcyon Software Launches Job Scheduler V 4.0

Merinews, India

Functionally rich yet very easy to use, the Job Scheduler incorporates several key features not found in other schedulers. Advanced scheduling patterns are ...

10-Jan-09

Class action suits files against Satyam in US

domain-B, India

Two US-based law firms - Izard Nobel LLP and Vianale & Vianale LLP - have filed class action lawsuits against Satyam Computer on behalf of software services .

10-Jan-09

Dalcon's Healthcare Communications Software Receives Internet ...

IT News Online, India

NASHVILLE, Tenn., Jan. 9 /PRNewswire/ -- Dalcon Communication Systems, Inc. announced today that Technology Marketing Corporation's INTERNET TELEPHONY ...

10-Jan-09

Satyam employees send out resumes, market tough

Financial Express, India

Mumbai : Employees of embattled outsourcing firm Satyam Computer Services are scrambling to send their resumes to job portals and other firms,

10-Jan-09

Lectra launches new version of fashion PLM software

Fibre2fashion.com, India

Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—textiles, leather, industrial fabrics, ...

11-Jan-09

Satyam gets a new board

Economic Times, India

NEW DELHI: The government on Sunday appointed a three-member board comprising HDFC chairman Deepak Parekh, former Nasscom president Kiran Karnik and former ...

11-Jan-09

Satyam fraud will hit IT biz, says YSR

Times of India, India

HYDERABAD: Stating that nothing prevented the CBI from taking up the probe into the Satyam fraud and the CB-CID would coordinate with different agencies in ...

11-Jan-09

Another Satyam book-keeper under scanner

Times of India, India

HYDERABAD: After Srinivas Vadlamani, the Andhra Pradesh police scanner is on Ramakrishna G, the vice-president of accounts at Satyam. ...

11-Jan-09

Satyam's fee to PwC under lens

Economic Times, India

MUMBAI: The Pricewaterhouse Coopers (PwC) story, as far as Satyam Computer Services is concerned, is clearly not going to get over in a hurry. ...

11-Jan-09

Nifty back to square one amid Satyam fiasco

Economic Times, India

While most would argue that the Satyam fiasco broke the back of the current uptrend, the fact that the Nifty couldn't take out the resistance at 3150 (the

11-Jan-09

Suitors list's long, but L&T seen best match for Satyam

Economic Times, India

MUMBAI: The suitors for the tainted Satyam Computer Services range from European and US IT majors, such as Logica and Perot Systems, to niche Indian players .

11-Jan-09

Other jobs for Satyam staffers?

Times of India, India

BANGALORE: Minutes after Ramalinga Raju's resignation hit the headlines, employees of Satyam began looking to exit the company like mice on a sinking ship.

11-Jan-09

Satyam scam: It was there, we refused to look

Economic Times, India

The stock market and Satyam Computer’s investors were spooked by the revelations of its promoter and former chairman B. Ramalinga Raju. ...

11-Jan-09

Satyam ex-CFO may have made up Maytas valuations

Economic Times, India

HYDERABAD: Did Srinivas Vadlamani, former chief financial officer of scam-tainted Satyam Computer Services, mislead the erstwhile board when he said Ernst ...

11-Jan-09

Govt concerned about Satyam staff: P Chavan

NDTV.com, India

PTI Union Minister of State in PMO, Prithiviraj Chavan, said the Centre is at present concerned about the future of 50000 employees of disbanded Satyam ..

11-Jan-09

D-Street may remain weak after Satyam fiasco: Analysts

Economic Times, India

11 Jan 2009, 1505 hrs IST, PTI MUMBAI: Dalal Street is likely to remain subdued this week following the Satyam fiasco and SEBI decision to review earnings ...

11-Jan-09

Citigroup puts 'Buy' on Infosys

Economic Times, India 

Citigroup expects Infosys' revenues at $1167 mn, down ~4% qoq. This assumes marginal decline in volumes, stable pricing and ~4% impact of cross currency.

11-Jan-09

'Satyam deal helped sell Mihan'

Times of India, India

NAGPUR: Maharashtra Airport Development Company (MADC) vice-chairman-cum-managing director RC Sinha, under fire for allegedly favouring Satyam Computers by ..

11-Jan-09

Satyam fraud: More than accounting skullduggery

Hindu Business Line, India

Is the Satyam scandal just about a promoter manipulating the financial statements of his company to show a superior performance? Or is it about systematic ...

11-Jan-09

Colleges may chuck out Satyam from 'job mela'

Times of India, India

HYDERABAD: With recruitment season starting at many engineering colleges and universities in the state in the next few weeks, many institutes are reportedly

11-Jan-09

Big clients plan to exit Satyam

Economic Times, India 

NEW DELHI: Major clients of Satyam Computer Services, such as General Electric (GE), Nestle and British Petroleum, have started exploring alternative

11-Jan-09

Satyam scam: Merchant bankers under SEBI scanner

Economic Times, India

11 Jan 2009, 1311 hrs IST, PTI MUMBAI: The scam-hit Satyam Computer aside, the merchant bankers associated with it have also come under the scanner of the

11-Jan-09

Satyam – In undistinguished company; but the debris needs clearing

Hindu Business Line, India

Chennai, Jan. 11 Mr Raju’s shenanigans at Satyam have left everyone including industry captains outraged and frothing about how he has run a top company

11-Jan-09

Infosys CEO buys Chennai property worth Rs 11 crore

Economic Times, India

CHENNAI: Infosys’ CEO Kris Gopalakrishnan has bought a property measuring four grounds (9600 sq ft) in Besant Nagar for a whopping Rs 11 crore

11-Jan-09

Satyam scam: BJP demands white paper

Times of India, India

HYDERABAD: The Bharatiya Janata Party on Sunday asked the state government to issue a white paper on the land allocated to Satyam Computer services by it. .

11-Jan-09

Satyam divisions can unlock value

Hindu, India

Even as the focus now shifts to investigation in the wake of the arrest of Ramalinga Raju, a beleaguered Satyam Computer Services awaits the constitution of

11-Jan-09

Satyam as terror

Times of India, India

Mumbai's 26/11 horrifyingly demonstrated that we were sitting on a powder keg of fundamentalist terror. The Satyam scam has raised widespread fears that

11-Jan-09

Kerala IT companies get calls from Satyam's clients, employees

Economic Times, India

THIRUVANANTHAPURAM: It is advantage time for IT companies in Kerala. With Satyam under a cloud, the software companies in the state are busy trying to win

11-Jan-09

Trading in Satyam securities may resume tomorrow on NYSE

Hindu Business Line, India 

NEW YORK: Trading in the securities of Indian IT company, Satyam Computer may resume tomorrow, if the New York Stock Exchange (NYSE) finds its assessment of ...

11-Jan-09

About a dozen lawsuits filed against Satyam in US

Economic Times, India

11 Jan 2009, 1410 hrs IST, PTI NEW YORK: About a dozen lawsuits have been filed against Satyam Computer in US courts, charging the Indian IT firm with ...

11-Jan-09

Who is to blame for Satyam fiasco?

Business Line, India

Who exactly is to be blamed for the sorry pass to which Satyam Computer Services has been brought? The disgraced chairman of the company Raju is indeed the ...

11-Jan-09

Stocks to watch: Vijaya Bank, Maruti Suzuki, Satyam...

Myiris.com, India

Vijaya Bank has announced a reduction in its benchmark prime lending rate (BPLR) from 13.25% to 12.75% with effect from Jan. 12, 2009

11-Jan-09

Satyam shows B-schools too need a code of ethics

Livemint, India

The Satyam Computer Services Ltd scandal has shown what bad corporate governance can lead to. It will take some time before the story of the fraud unfolds .

11-Jan-09

Cambridge University in pact with Infosys

Business Standard, India

University of Cambridge will be signing a memorandum of understanding(MOU) with India's leading software company Infosys Technology on the 14th of this

11-Jan-09

Satyam Fraud: SEBI, RoC seize documents

Indlaw.com, India

Even as officials of Securities and Exchange Board of India (SEBI) in coordination with Registrar of Companies seized documents from Information Technology ..

11-Jan-09

Infosys' third-quarter results, K'taka's JV with NTPC

Business Standard, India

* Bangalore: Karnataka Power Corporation Ltd to sign a joint venture with Bhel for development of super-critical thermal plants in Raichur district of .

11-Jan-09

State feels Satyam sting Tech cradles in job jeopardy

Calcutta Telegraph, India

Ranchi, Jan. 11: The Satyam Computer crisis, being billed the biggest corporate fraud in the country, is threatening to sink the future of several

11-Jan-09

Wipro Infotech carries out planting programme

Indopia, India

Called" Mould a Life", this campaign saw more than 20000 seedballs being made and planted across cities all over the country. The campaign was inaugurated ...

11-Jan-09

Wipro-NewLogic's tech in MS auto platform

CIOL, India

LUSTENAU, AUSTRIA & BANGALORE, INDIA: Wipro-NewLogic, the semiconductor IP business of Wipro Ltd and the number one provider of wireless connectivity IPs,

11-Jan-09

It’s time to invest in Satyam and Rahul

Merinews, India

Just as investors are hoping that Satyam will revive one day, several minorities and marginalised communities are today hoping that the Congress does well

11-Jan-09

SC dismisses IT dept’s plea against Wipro Infotech

Livemint, India

PTI New Delhi: The Supreme Court has dismissed the Income-Tax department’s plea alleging that IT solutions provider Wipro Infotech can not claim deductions ...

11-Jan-09

Satyam I - what likely happend

Livemint, India

In my FT piece, I discussed what was wrong with the story of the Raju confession, rather than what may be the correct story. Clearly, no one except those

11-Jan-09

Ramalinga Raju's Satyam Crimes, Self-Interest, & Moral Paralysis

Desicritics.org, India

About a couple of weeks back, I had a very interesting conversation with a friend (and former classmate). The conversation started off with him telling

11-Jan-09

Satyam fiasco should open the eyes of trade unions and democrats

MyNews.in, India

New Delhi: Any one who has faith in and commitment to democracy knows that due to the fact that the numbers of employees are always much more than the

11-Jan-09

Software for ayurved among star attractions

Sakaal Times, India

PUNE: A revolutionary hygiene powder for poultry farms, cost-effective solar concentrator, software programmes on ayurveda and languages and a host of other ...

11-Jan-09

Govt comes to Satyam's rescue, appoints new board

IBNLive.com, India

The new road for Satyam will be charted by three men - the MD of HDFC bank Deepak Parekh - one of the most influential voices in the financial world

11-Jan-09

CM asks PM to reconstitute Satyam Board

Express Buzz, India

HYDERABAD: Chief Minister YS Rajasekhara Reddy urged Prime Minister Manmohan Singh to immediately initiate steps to protect the interests of 53000 odd

11-Jan-09

Satyam mail allays fears over

Express Buzz, India

HYDERABAD: In an attempt to bolster the sagging morale of the associates in the wake of reports that many of them are going to be shown the gate

11-Jan-09

Liquidity crunch: Satyam may shut many facilities

Economic Times, India

HYDERABAD: Even as the new Satyam board is set to meet for the first time on Monday, eyebrows are being raised in the real estate circles on whether the

11-Jan-09

The Satyam effect

Business Standard, India

The Sensex fell for a second day, as Satyam Computer Services extended declines on concern it may have insufficient funds after chairman Ramalinga Raju said ...

11-Jan-09

Gujarat to decide on land allocated to Satyam

Hindu, India 

GANDHINAGAR: The crisis facing Satyam Computer Services Limited has its echo in Gujarat where the fate of the land allocated to the company for setting up a .

11-Jan-09

Ram Mynampati drew more salary than Raju & entire Satyam board ...

Economic Times, India 

11 Jan 2009, 2220 hrs IST, PTI NEW DELHI: A prime prospect for probe by regulators and authorities investigating the Satyam fraud, acting-CEO Ram Mynampati ...

11-Jan-09

Satyam shares seen gaining as new board meets

Reuters India, India

HYDERABAD, India (Reuters) - Shares in Satyam Computer Services Ltd (SATY.BO: Quote, Profile, Research) could jump 20-30 percent on Monday after the

11-Jan-09

CLB bar on Satyam board

The Statesman, India

PTI HYDERABAD/NEW DELHI, Jan. 10: The Company Law Board has asked Satyam's interim management not to implement the decisions of the board, but has allowed

11-Jan-09

MFs which hiked Satyam stake in Dec after Maytas affair

India Infoline.com, India

Contrary to popular perception mutual funds trimmed stake in Satyam after the Maytas incident, these institutions had mopped up the tainted software .

11-Jan-09

Banks submit details of Satyam exposure to RBI

India Infoline.com, India

The RBI on Saturday collected particulars of transactions that various banks including SBI and ICICI Bank had with the IT company

11-Jan-09

Post-Satyam, firms reviewing fraud control mechanism

Siliconindia.com, India

By IANS New Delhi: Indian companies have started to review and document their risk management policies and practices to check corporate fraud in the wake of

11-Jan-09

New Board of Directors Appointed at Satyam

IT News Online, India

HYDERABAD, India, Jan. 11 /PRNewswire-FirstCall/ -- Satyam Computer Services Limited today said that it welcomes the Ministry of Corporate Affairs'

11-Jan-09

Satyam employees call coaching centres

Siasat Daily, India

Hyderabad, January 11: Management coaching centres in the city were flooded with calls ever since the CAT results were announced on Friday.

11-Jan-09

No Satyam impact on RTC services

Siasat Daily, India

the Satyam fiasco did not cast any adverse impact on their festival special services in the state for Sankranti. The officials feared that the special

11-Jan-09

How to prevent another Satyam

Express Buzz, India 

Mea culpa: I did not see through the biggest scam in the Indian market in years. I have to admit that I misjudged the promoters of Satyam when I defended

11-Jan-09

Satyam shares seen gaining as new board meets

Reuters India, India

HYDERABAD, India (Reuters) - Shares in Satyam Computer Services Ltd (SATY.BO: Quote, Profile, Research) could jump 20-30 percent on Monday after the

11-Jan-09

Despite Satyam, foreign investors to stay in India

Reuters India, India

By Narayanan Somasundaram MUMBAI (Reuters) - Foreign investors are unlikely to shun India in the wake of a fraud scandal at Satyam Computer Services, ...

11-Jan-09

Govt disbands Satyam Board

Zee News, India

New Delhi, Jan 09: In an unprecedented move, the Government on Friday disbanded the Satyam Board and declared it would nominate 10 Directors to run the

11-Jan-09

Satyam shocker: 12 class action suits filed in the US

MSN India, India

Mumbai: At least 12 class action lawsuits have been filed in the US Federal Courts on behalf of shareholders who purchased American Depository Receipts .

13-Jan-09

Satyam may get a lifeline

Economic Times, India

NEW DELHI/HYDERABAD: The government has offered to throw a financial lifeline to tottering Satyam Computer Services to help it pay salaries to some 53000 ...

13-Jan-09

Satyam CFO Srinivas Vadlamani confesses, blames PwC, Raju

Economic Times, India 

HYDERABAD: Satyam Computer Services CFO Srinivas Vadlamani on Monday blamed the firm's statutory auditors Pricewaterhouse Coopers and the disgraced founder ...

13-Jan-09

World Bank brings Wipro too in ‘ban’ net

Economic Times, India

BANGALORE: Wipro Technologies and Hyderabad software company Megasoft were on Monday embarrassed by a belated public disclosure by the World Bank that they ...

13-Jan-09

BPO firms in Philippines looking at windfall from Satyam scandal

Economic Times, India

SINGAPORE/MANILA: With a billion dollar revenue fraud dealing the Indian IT sector a body blow, BPO firms in the Philippines are hoping to make capital by

13-Jan-09

Govt looks to keep Satyam afloat

Times of India, India

NEW DELHI: After having stepped in swiftly to provide scam-hit IT major Satyam with a new board, the Manmohan Singh government is now having to deal with ...

13-Jan-09

Broking houses make the most of Satyam frenzy

Economic Times, India

MUMBAI: The Satyam episode and the crisis that ensued have left investors a stunned lot. From levels of around Rs 170, the stock was down to as low as Rs ...

13-Jan-09

SEBI, Naidu turned off Satyam alarm in 2003?

Economic Times, India

NEW DELHI: Did the market regulator SEBI ignore a red flag over Satyam promoters six years ago, owing to political pressure? The Congress would like to say

13-Jan-09

Satyam scam: Banks also party to fraud?

Times of India, India 

HYDERABAD: At the end of his three page statement, Srinivas Vadlamani slipped in innocuously: “According to me the FD's are unreal and fictitious which were ...

13-Jan-09

Sensex reels under pressure; Wipro, SBI plunge

Economic Times, India

MUMBAI: Sustained profit booking in index heavyweights was keeping benchmarks under pressure on Monday. Analysts say that foreign institutions were ...

13-Jan-09

Small investors to file PIL for independent probe into Satyam

Economic Times, India

MUMBAI: The Small Investors Grievances Forum, headed by former MP Kirit Somaya, on Monday said it would file a public interest litigation in the Bombay High .

13-Jan-09

Infosys guidance to set trend for shares

Reuters India, India

MUMBAI (Reuters) - Bellwether Infosys Technologies Ltd will set the trend for Indian shares on Tuesday, as it unveils quarterly earnings and gives its

13-Jan-09

Infosys Q3 net profit rises 14.5% QoQ

Economic Times, India

MUMBAI: IT bellwether Infosys Technologies declared a healthy performance in the October-December quarter, reporting 14.5 per cent rise in net profit to Rs .

13-Jan-09

Satyam ADRs plunge 90 pc after resuming trade on NYSE

Economic Times, India

Satyam Computer Services Ltd plunged nearly 90 per cent on Monday after it resumed trading for the first time since the chairman resigned Wednesday, ...

13-Jan-09

Govt may provide financial support to Satyam

Economic Times, India

12 Jan 2009, 1804 hrs IST, PTI NEW DELHI: The government's help to the crisis-ridden Satyam Computer Services may include financial support as well, ...

13-Jan-09

Equities to react to Infosys Q3 earnings, guidance

Economic Times, India

MUMBAI: Equity markets are likely to react in accordance with bellwether Infosys Technologies' quarterly earnings announcement to be unveiled before trading

13-Jan-09

Satyam audit conducted as per documents supplied: PW

Moneycontrol.com, India

A series of meetings have been held today in connection to the recent Satyam scam. CNBC-TV18's Siddharth Zarabi reports about the meetings and the outcomes. ...

13-Jan-09

L&T continues to trade weak, bogged down by its Satyam connection

Economic Times, India

MUMBAI: Engineering major Larsen & Toubro continued to trade weak on the perception that it likley to register huge losses on share transaction of Satyam it ...

13-Jan-09

AP govt cancels land allotment to Satyam

Times of India, India

VISAKHAPATNAM: Faced with mounting criticism that it favoured the disgraced former boss of Satyam, Ramalinga Raju, in his murky land dealings

13-Jan-09

Mastek Ltd second quarter earnings under pressure

Economic Times, India

MUMBAI: Cross currency headwinds and client pressures led to Mastek Ltd reporting a disappointing quarter, with net sales dipping by 2.6% quarter on quarter ...

13-Jan-09

Independent auditor to vet FT's trading software

Economic Times, India

MUMBAI: An independent auditor, acceptable to both Financial Technologies (FT) and the National Stock Exchange (NSE), will conduct a system audit of FT’s ...

13-Jan-09

Satyam stock surges

Times of India, India

HYDERABAD: After logging out of Satyam Computer Services after its beleaguered former chairman Ramalinga Raju sent out a five page confession letter of .

13-Jan-09

Satyam opens more than 50% higher on Monday

Economic Times, India

MUMBAI: Shares of Satyam Computers rebounded on Monday trade on the back of the measures announced by the Government to rescue the company. .

13-Jan-09

Kalam resigns from Satyam's EMRI

Sify, India

Hyderabad: Former President APJ Abdul Kalam has resigned from the governing board of Emergency Management Research Institute (EMRI), a non-profit ...

13-Jan-09

Satyam scam plot thickens

Calcutta Telegraph, India

Mumbai, Jan. 12: The Satyam stock leapt over 44 per cent to close at Rs 34.40 on the Bombay Stock Exchange after a new government-appointed board took ...

13-Jan-09

We respect Satyam employees as professionals: Murthy

Business Standard, India

PTI / Bangalore January 12, 2009, 20:09 IST Infosys Technologies Chairman and Chief Mentor NR Narayana Murthy today said the company's intention on not to ...

13-Jan-09

INSTANT VIEW 2-India's Infosys Q3 net rises one-third

Reuters India, India

BANGALORE, Jan 13 (Reuters) - Infosys Technologies (INFY.BO: Quote, Profile, Research), India's No. 2 software services exporter, beat expectations with a

13-Jan-09

Infosys Q3 net up 33% at Rs 1641 cr

Business Standard, India

Infosys Technologies, India's second largest software services exporter, today has reported a better-than-expected Q3 consolidated net profit of Rs 1641

13-Jan-09

Satyam wins order, employees find comfort in job offers

Economic Times, India

MUMBAI: The formation of the three member board at Satyam Computer Services would surely have soothed nerves of panicked employees to an extent

13-Jan-09

Satyam sheds 43 lakh shares in open interest

Moneycontrol.com, India

Here is a transcript of Head-Markets Research, Varinder Bansal’s comments on CNBC-TV18. Also watch the accompanying video. The PCR fell below 1 intraday and

13-Jan-09

ULIP exposures to Satyam to be disclosed

Economic Times, India

HYDERABAD: Life insurance companies will have to disclose the exact amount they have pumped into Satyam shares from unit-linked insurance plans (ULIPs).

13-Jan-09

Infosys Q3 net up 14.6% at Rs 1641 cr

Moneycontrol.com, India

Infosys Technologies has announced its third quarter numbers of FY09. Its consolidated net profit went up by 14.6% at Rs 1641 crore as against Rs 1432 crore .

13-Jan-09

Satyam news conference delayed to 05:30 pm

Reuters India, India

HYDERABAD, India (Reuters) - Satyam Computer Services on Monday has delayed by half an hour a news conference to be held after the first meeting of its .

13-Jan-09

New Satyam board will continue till probe complete: CLB

Moneycontrol.com, India

The chairman of the Company Law Board S Balasubranian said the new Satyam board appointed that will be appointed will continue till investigations are .

13-Jan-09

TCS has support at Rs 500: Sharekhan

Moneycontrol.com, India

According to Sharekhan's report, Tata Consultancy Services (TCS) is likely to test Rs 550 on the upside and has strong support at Rs 500. ...

13-Jan-09

Day 6: Kalam quits Satyam NGO, PwC in trouble

IBNLive.com, India

New Delhi: When former President APJ Abdul Kalam decided to become chairman Emeritus at the Satyam-funded NGO Emergency Management and Research Institute

13-Jan-09

Ashok Ganguly may join Satyam Board

NDTV.com, India

PTI The government is believed to be considering the name of Ashok S Ganguly, a noted industry expert and a former chairman of Hindustan Lever (now .

13-Jan-09

Buy TCS, says Gujral

Moneycontrol.com, India

Technical Analyst, Ashwani Gujral is of the view that one can buy TCS at around Rs 460 and try to trade it up to Rs 560 sort of levels. ...

13-Jan-09

Cabinet Secretary to co-ordinate Govt approach on Satyam

Hindu Business Line, India

New Delhi, Jan. 12 The Cabinet Secretary, Mr KM Chandrasekhar, will coordinate the Government’s approach on the Satyam fiasco. This was decided at a meeting

13-Jan-09

India Hot Stocks: Satyam up on new board nomination

Reuters India, India

MUMBAI, Jan 9 (Reuters) - The following stocks were on the move at the BSE on Monday. At 10:21 am the benchmark 30-share BSE index . .

13-Jan-09

Satyam rallies on the bourses

Hindustan Times, India

When the stocks of IT company Satyam closed at below Rs 25 on Friday, there was little hope that the stock would recover. But swift government action over

13-Jan-09

Satyam bounces back on new board members news

Moneycontrol.com, India

Satyam Computer Services had touched an intraday high of Rs 39.80 and an intraday low of Rs 28.50. At 09:57 am, the share was quoting at Rs 39.80, .

13-Jan-09

Wipro plunges 6.6%

Moneycontrol.com, India

Wipro had touched an intraday high of Rs 245 and an intraday low of Rs 222.70. At 09:59 am, the share was quoting at Rs 234.20, down Rs 16.75,

13-Jan-09

What will happen to Satyam’s SEZs?

Hindu Business Line, India

Satyam was expected to invest up to Rs 60 crore and provide employment to 3000 in the Gujarat IT-SEZ and an offshore development centre that was planned. .

13-Jan-09

Satyam to seek 'protection' against lawsuits

Times Now.tv, India

Government-appointed new board of Satyam Computer Services, which is facing about a dozen lawsuits in the US courts, on Monday (January 12), said it has not ...

13-Jan-09

Headhunters after Satyam techies

Express Buzz, India

HYDERABAD: Even as the Satyam fiasco triggered fears of job and pay cuts among the employees, they are getting a breather in the form of offers pouring in

13-Jan-09

Satyam to seek 'protection' against lawsuits

Times Now.tv, India 

Government-appointed new board of Satyam Computer Services, which is facing about a dozen lawsuits in the US courts, on Monday (January 12), said it has not ...

13-Jan-09

Satyam’s Raju had several benaami accounts: Report

Zee News, India

New Delhi, Jan 13: As the Satyam saga continues to unfold, more revelations are coming to the fore. Reports are now suggesting that the Income Tax

13-Jan-09

Satyam saga...Lazard seeks updates from Govt

India Infoline.com, India

Lazard Asset increased its stake in Satyam on Jan. 7 to 5.3% from 4.79%, while Aberdeen Asset Managers Ltd. and Fidelity Management & Research Co. sold

13-Jan-09

Infosys Q3 net up 33% at Rs 1641 cr

Rediff, India

Software major Infosys Technologies on Tuesday announced a 33.31 per cent growth in consolidated net profit at Rs 1641 crore (Rs 16.41 billion) for the

13-Jan-09

Satyam `s receivables estimated at Rs 25 bn

Myiris.com, India

According to a government official Satyam`s receivables were estimated to be Rs 25 billion and the company`s debt liability is not massive, reports Business ...

13-Jan-09

Satyam, Nano not to affect FDI flow: Volvo MD

Livemint, India

By PTI Chennai: The Satyam fiasco, which rocked the IT industry, and the Tatas pulling out of the prestigious ‘Nano´ project from Singur last year,

13-Jan-09

Satyam and Maytas

The Statesman, India

BHUBANESWAR, Jan 12: The state government has decided to seek detail information from Satyam and Maytas regarding their presence and activities in Orissa

13-Jan-09

CII welcomes new board of Satyam

Myiris.com, India

The decision by the ministry of corporate affairs to appoint the three key members of the new board of Satyam has been welcomed for a number of reasons,

13-Jan-09

Infosys Technologies` Q3 net rises 34.74%

Myiris.com, India

India`s second largest software services exporter, Infosys Technologies (Q, N,C,F)* disclosed a substantial rise in standalone net profit for the quarter .

13-Jan-09

Ambit recommends 'sell' on Infosys

Economic Times, India

MUMBAI: Ambit Capital has a ‘sell’ call on Infosys Technologies, as the stock trades at over 20 per cent premium to the markets on estimated earnings of the

13-Jan-09

Satyam's European partners seek clarification on projects

Siliconindia.com, India

By siliconindia news bureau Mumbai: The Satyam saga of unethical dealings seems to be affecting the company's partners overseas as many IT companies in the

13-Jan-09

Satyam needs new CEO, CFO - board

Reuters India, India

HYDERABAD (Reuters) - India's embattled Satyam Computer Services needs a new chief executive and chief financial officer to bring normalcy back to the .

13-Jan-09

The downfall of Satyam

Central Chronicle, India

As in other sectors, sometimes the industrial sector too is witness to events like Satyam scandal. During the Nehru period, Moondra had committed a huge

13-Jan-09

Infosys Technologies Announces Results for the Quarter Ended ...

Business Wire India (press release), India

-- Net profit after tax was Rs. 1641* crore for the quarter ended December 31, 2008; YoY growth was 33.3% -- Earnings per share increased to Rs. 28.66* from

13-Jan-09

Satyam scam, Q3 results to impact mkt ahead: Religare Sec

Moneycontrol.com, India

Sangeeta Purushottam, Head Institutional Business, Religare Securities, said the Satyam scam and the forthcoming earnings season will impact the markets

13-Jan-09

HCL launches K2 Academy in Tamil Nadu

EE Times India, India

HCL Infosystems Ltd has announced an alliance with CMS College of Engineering to launch HCL K2 Academy in Namakkal town. At HCL K2 Academy, the students .

13-Jan-09

Satyam's new board meets; likely to elect Chairman

Press Trust of India, India

Hyderabad, Jan 12 (PTI) Satyam's three-member board constituted by the government yesterday met for the first time here today to discuss ways to get the IT

13-Jan-09

Hyderabad cos face brunt of Satyam scam

Moneycontrol.com, India

Several other Hyderabad-based companies have borne the brunt of the big Satyam scam. Nagarjuna Constructions, Megasoft are among the top losers.

13-Jan-09

Wipro declines sharply

Myiris.com, India

The scrip has touched an intra-day high of Rs 248.00 and low of Rs 220.00. The total volume of shares traded at the BSE is 245767. In the earlier session,

13-Jan-09

Wipro Ships Energy Efficient Servers

CRN, India

Wipro has staked claims of leadership in energy efficient PC server space vis-à-vis the competition. The company unveiled a suite of servers ranging from ..

13-Jan-09

Infosys Q3 net up 14.6% at Rs 1641 cr

Moneycontrol.com (press release), India

Infosys Technologies has announced its third quarter numbers of FY09. Its consolidated net profit went up by 14.6% at Rs 1641 crore as against Rs 1432 crore

13-Jan-09

Satyam may get financial help from govt: Nath

Chennai Online, India

New Delhi, Jan 12 Troubled Satyam Computer Services, facing a liquidity challenge, may get financial support from the government, which is willing to

13-Jan-09

More appointments on Satyam board soon, liquidity an issue

Daily News & Analysis, India

PTI Hyderabad: The government will soon appoint more directors on the board of Satyam Computer and the chairman will be elected by the full board,

13-Jan-09

Emkay suspends rating on Satyam Computers

Myiris.com, India

Emkay Global Financial Services has suspended rating on Satyam Computers. It believes stocks could fall below Rs 20 due to the recently revealed accounting

13-Jan-09

Vivek Paul's name doing strong rounds for Satyam's top post

MyNews.in, India

NAME of Vivek Paul is doing strong rounds for taking over the coveted post of Satyam''s chief executive officer. This was indicated by one of the members of .

13-Jan-09

BPO job seekers can now churn out professional resumes

Indopia, India

Bangalore , Jan 11 Seeking to address a critical link in the job search exercise,"e- Sutra Chronicles, a career enablement company here, has developed a ...

13-Jan-09

Dewhirst selects DeSL’s web based fashion PLM software

Fibre2fashion.com, India

Dewhirst Group Ltd (UK based manufacturer and distributor of clothing) has selected DeSL’s web based Fashion PLM software to manage its global product ...

13-Jan-09

Polaris Software Board to consider interim dividend for 2008-09

Equity Bulls, India

Polaris Software Lab Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 20, 2009, inter alia, to consider, ...

13-Jan-09

Satyam's new board starts meeting

Newstrack India, India

Hyderabad, Jan 12 (IANS) The three-member board appointed by the central government to bring back financial order to the fraud-hit Satyam Computer Services

13-Jan-09

TCS Launches Development Centre In Bhubaneswar

EFYTimes (press release), India

As per the company, TCS Kalinga Park is amongst the greenest buildings in India and has been designed as India's first leadership in energy and ...

13-Jan-09

Satyam surges in a weak market

NDTV.com, India

The government’s moves to put the beleaguered software firm back on track failed to lift the broader markets, as negative global cues weighed on the markets

13-Jan-09

Infosys Q3 net profit at Rs16.41bn (up 33.3%)

India Infoline.com, India

Consolidated net sales for the reporting quarter are at Rs57.86bn as against Rs54.18bn in the October-December quarter. Infosys has reported a consolidated

13-Jan-09

SMT Announces Global Software Agreement with India's Oil and ...

PressReleasePoint (press release), India

SMT announced today that it has signed a new software agreement with India’s Oil and Natural Gas Corporation (ONGC). This agreement will significantly .

13-Jan-09

Megasoft unmoved by World Bank ban, Wipro worried

IT Examiner, India

By Subhankar Kundu @ Monday, January 12, 2009 1:10 PM Satyam and Wipro are not the only IT companies to be banned by the World Bank. ...

13-Jan-09

Sybase Launches New Business Process Software

CXOToday.com, India

By CXOtoday Staff Sybase Software, provider of enterprise infrastructure and mobile software, has launched an all-in-one modeling and design solution for

13-Jan-09

Satyam scam: BJP demands white paper

Siasat Daily, India

Addressing a press conference, state president Bandaru Dattatreya said people have the right to know more details on the subject as the happenings in the

13-Jan-09

Marty Browne Joins Expandable Software, Inc. as Vice President of ...

IT News Online, India

SANTA CLARA, Calif., Jan. 12 /PRNewswire/ -- Expandable Software, Inc., a leading provider of integrated business management systems for growing ...

13-Jan-09

Wipro-NewLogic in Microsoft's Auto Platform

enterpriser.in, India

By enterpriser staff | Jan 12, 2009 1544 hrs IST Wipro-NewLogic, a semiconductor IP business of Wipro Limited and a number one provider of wireless

13-Jan-09

Satyam's Ramalinga Raju, brother arrested for cheating

Siliconindia.com, India

By IANS Hyderabad: The Andhra Pradesh police Friday night arrested disgraced former founder-chairman of Satyam Computers B. Ramalinga Raju and his brother

13-Jan-09

Shunra Software Joins Microsoft Visual Studio Industry Partners ...

IT News Online, India

PHILADELPHIA, Jan. 12 /PRNewswire/ -- Shunra Software (), the market's leading provider of WAN emulation and software developmenttesting solutions,

13-Jan-09

Accenture, Avanade and Microsoft Announce Multi-Channel Retail ...

IT News Online, India

REDMOND, Wash. and NEW YORK, Jan. 12 /PRNewswire-FirstCall/ -- Accenture and Microsoft Corp. today announced an initiative to help retailers tackle the

13-Jan-09

MEDIA ALERT: Continuity Software to Discuss Critical Recovery ...

IT News Online, India

WHAT: This Webinar explores why periodic disaster recovery (DR) testing and manual auditing are not enough to ensure DR readiness. ...

13-Jan-09

Rainmaker Signs New Client Lawson Software to Three-Year Training ...

IT News Online, India

CAMPBELL, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted .

13-Jan-09

Raritan Improves Blade Server Management with New Software for ...

IT News Online, India

SOMERSET, NJ, Jan. 12 /PRNewswire/ -- Raritan today expanded its capabilities for managing blade servers, including leading blade servers from IBM, ...

13-Jan-09

SmartOps Enterprise Inventory Optimization Software Licensed by ...

IT News Online, India

PITTSBURGH, Jan 12 /PRNewswire/ -- SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, announced that its ...

13-Jan-09

Satyam seeks Rs 1000-cr Central bailout package

Siasat Daily, India

Hyderabad, January 12: Satyam Computer Services Ltd, which is virtually decapitated with the Centre disbanding its board of directors, is desperately

13-Jan-09

IBM & Sky IT team to deliver powerful software for apparel sector

Fibre2fashion.com, India

IBM and Sky IT Group are helping fashion and apparel suppliers, such as New York-based Theory, take advantage of consumer trends more intelligently by

14-Jan-09

Sebi probing insider trade in Satyam

The Statesman, India

MUMBAI, Jan. 14: As the government mulls over a financial support package for beleaguered Satyam Computers amid simultaneous investigation by multiple

14-Jan-09

Satyam episode won't affect our investment: Intel Capital

Business Standard, India

PTI / New Delhi January 14, 2009, 15:39 IST Intel Capital, part of the world's largest chip maker, today said that its investments into India will not be

14-Jan-09

Vivek Paul leads race for Satyam CEO post

Business Standard, India

Vivek Paul, former vice-chairman of Wipro and CEO of its global IT business, has emerged as the front runner for the post of CEO of Satyam Computer Services ...

14-Jan-09

Satyam - a dark parellel world

Livemint, India

"HARPERSVILLE, Ala. (AP) — With his world crumbling around him, investment adviser Marcus Schrenker opted for a bailout. However, his plan to escape

14-Jan-09

After layoff from IT firms comes competition from Satyam employees

Expressindia.com, India

Vijay Kumar is not a Satyam employee, yet the collapse of the IT company has disturbed this 36-year-old professional. Kumar is one of the many IT .

14-Jan-09

Wallingford Software launches free edition of InfoWorks RS

CAD CAM News, India

Wallingford Software has announced the immediate availability of InfoWorks RS Free Edition: a 250-node edition of the InfoWorks RS 1D modeling solution for ...

14-Jan-09

HC hearing on Satyam PIL adjourned

Business Standard, India

PTI / Mumbai January 14, 2009, 14:35 IST The Bombay High Court today adjourned till January 22 the hearing on PIL seeking measures for protecting small ...

14-Jan-09

Satyam scam, other big news hot favourites for advertisers

Livemint, India 

Mumbai: Tapping the huge media and consumer attention the Rs7,136 crore accounting scam at Satyam Computer Services Ltd has generated, some brands are

14-Jan-09

EMRI says Satyam only a technology partner

Indopia, India

Hyderabad , Jan 14 The ambulance service venture between the Andhra government and Ramalinga Raju, EMRI, today said the organisation has nothing to do with ..

16-Jan-09

Satyam controversy effects AP politics

Times of India, India

HYDERABAD: The Satyam controversy has finally started making its presence felt in a big way on the politics of Andhra Pradesh. ...

16-Jan-09

Nortel bankruptcy: TCS, Wipro see no impact

Economic Times, India

BANGALORE: Top Indian tech firms such as TCS and Wipro Technologies, apart from Sasken Technologies, denied any significant impact of Nortel’s bankruptcy on ...

16-Jan-09

How to rescue Satyam

Economic Times, India

Satyam Computers needs government cash to tide over its liquidity crunch until its accounts are re-audited and public confidence is restored — which may or ...

16-Jan-09

Satyam fiasco: Assets mortgage on agenda

Economic Times, India

NEW DELHI/BANGALORE/HYDERABAD: Troubled Satyam Computer Services could raise funds by mortgaging its assets, said Deepak Parekh, HDFC chairman and Satyam ...

16-Jan-09

Eye on banking & telecom clients, Aegis may bid for Satyam BPO

Economic Times, India

NEW DELHI: Essar Group's outsourcing arm, Aegis BPO, is set to make a bid approach in the next couple of days to acquire the outsourcing arm of troubled ...

16-Jan-09

Offshore work helps TCS post 7% rise in net

Economic Times, India

MUMBAI: A tough business environment and higher-than-expected forex losses saw revenues and net profit of Tata Consultancy Services (TCS) come in below ...

16-Jan-09

Satyam episode: SEBI enquiries will focus on three areas

Hindu, India 

MUMBAI: The Securities and Exchange Board of India (SEBI) would be making crucial enquiries on tainted Satyam Computer Services on three counts: insider ...

16-Jan-09

Shadow of Satyam: Chandy writes to VS on Kerala project

Times of India, India

16 Jan 2009, 0854 hrs IST, PTI THIRUVANANTHAPURAM: Citing the Satyam scam, Congress-led UDF Opposition in Kerala asked chief minister VS Achuthanandan to

16-Jan-09

Denied board seat, Lazard to exit Satyam; sells 5.3%

Economic Times, India

MUMBAI: Miffed over the uncertainty over the government granting a board seat in Satyam Computer, investment bank Lazard has sold a larger portion of its ...

16-Jan-09

Paul in race for Satyam CEO?

Times of India, India

BANGALORE: The buzz that Vivek Paul, the former vice chairman of Wipro, might be a potential CEO candidate for the troubled Satyam Computers is getting

16-Jan-09

Satyam staffer from city shot dead in US

Times of India, India

HYDERABAD: Adding to the spate of murders of Indian students and professionals, another native of Andhra Pradesh was shot dead in the US. ...

16-Jan-09

Infy’s top brass not to join Satyam

Times of India, India

NEW DELHI: Even as the government is scouting for new board members and a CEO for Satyam Computer, the country's second largest software exporter, ...

16-Jan-09

Banks told to ensure Satyam fiasco doesn’t affect back-ends

Economic Times, India

MUMBAI: Banks, which have appointed Satyam Computer Services as back-end service providers, have been directed by the Reserve Bank of India (RBI) to ensure

16-Jan-09

Pricewaterhouse gave wrong PAN to Satyam

Times of India, India

HYDERABAD: The Satyam saga gets murkier. Now it has come to light that its auditor, Pricewaterhouse, furnished the company with a "wrong" PAN. .

16-Jan-09

Satyam episode: SEBI enquiries will focus on three areas

Hindu, India

MUMBAI: The Securities and Exchange Board of India (SEBI) would be making crucial enquiries on tainted Satyam Computer Services on three counts: insider

16-Jan-09

Industry hails Satyam board expansion

Economic Times, India

15 Jan 2009, 2038 hrs IST, PTI NEW DELHI: Industry today hailed the government's decision to expand the board of Satyam Computer Services stating the new

16-Jan-09

Satyam fiasco raises concerns on accounting issues: Citi

Economic Times, India

15 Jan 2009, 2016 hrs IST, PTI NEW DELHI: Global financial services firm Citi on Thursday said Satyam's financial wrongdoings have raised questions on the

16-Jan-09

NHB collecting information on exposure of HFCs in Satyam cos

Hindu, India

New Delhi (PTI): The housing finance regulator National Housing Bank on Thursday said it was collecting information from housing finance companies (HFCs) ...

16-Jan-09

Infosys working on Magic Mirror technology

Economic Times, India

15 Jan 2009, 1734 hrs IST, PTI BANGALORE: IT major Infosys was working on a new technology "magic mirror" with a well-known retailer for its deployment.

16-Jan-09

Stocks to open higher on positive global cues; TCS in focus

Economic Times, India

MUMBAI: Stocks are likely to open higher on Friday with global markets stabilising. The Nifty may claw back to the 2800 level given the magnitude of the

16-Jan-09

SBI to retain contract with Satyam

Hindu, India

Kolkata (IANS): India's largest bank, the State Bank of India (SBI), has decided to retain its contract with scam-tainted information technology (IT) firm ...

16-Jan-09

No bailout for Satyam at this stage: Government

Economic Times, India

MUMBAI: The government is not considering a bailout plan for scam-tainted Satyam Computer Services at this stage, economic affairs Secretary Ashok Chawla ...

16-Jan-09

The Satyam effect! Engineering aspirants ignoring IT sector

Economic Times, India 

15 Jan 2009, 1442 hrs IST, PTI CHANDIGARH: The Satyam scandal, which has shattered the dreams of the company's employees, has a worse effect on aspirants

16-Jan-09

Satyam fraud forces Nasscom to withhold forecast

Business Standard, India

The massive financial irregularities in Satyam Computer Services has forced the Nasscom to defer its revised forecast on the IT industry growth for FY09 'as ...

16-Jan-09

Satyam fiasco: Options for small investors?

NDTV.com, India

Holding onto stock that may be near worthless, Satyam's shareholders are living through their own hell even as Ramalinga Raju spends his days behind the

16-Jan-09

Forensic experts to help unravel Raju's Satyam scam

IBNLive.com, India

New Delhi: As the new board looks to nurse Satyam Computer Services Ltd back government agencies are having trouble deciphering the complex accounting web .

16-Jan-09

Government not to intervene in Satyam functioning

Hindu, India

New Delhi (IANS): The Government will not intervene in the functioning of Satyam Computer Services, Minister of State for Industrial Policy and Promotion

16-Jan-09

Satyam scam: Banks, internal auditor under Sebi scan

Business Standard, India

Capital market regulator Securities and Exchange Board of India (Sebi), which was investigating insider trading charges against Satyam’s promoters and some

16-Jan-09

See significant reduction in IT budgets: TCS

Moneycontrol.com, India

Tata Consultancy Services (TCS) announced its third quarter results yesterday. The company's net profit was up 7.17% and came in at Rs 1352 crore versus

16-Jan-09

BSE Sensex drops 3.45 pct, Satyam plunges 32 pct

Reuters India, India

By Janaki Krishnan MUMBAI (Reuters) – The BSE Sensex shed 3.45 percent on Thursday to its lowest close in over a month as fresh bouts of risk aversion

16-Jan-09

Sify Tech to launch cheap BlackBerry - like services

Business Standard, India

Nasdaq-listed Sify Technologies is close to launching cheap BlackBerry - like services in the country that can be accessed even by entry-level handsets. ...

16-Jan-09

Sensex down 350pts; Infosys, Wipro slip 6%

Business Standard, India

Jaiprakash Associates has slumped 9% to Rs 64. ICICI Bank and Tata Steel have plunged 8% each to Rs 406 and Rs 197, respectively. Sterlite has shed 7.5% at .

16-Jan-09

Sonata Software net profit up 27% yoy at Rs 19.9cr

Business Standard, India

Sonata Software, a Bangalore-based travel and outsourced services firm, has posted consolidated profit after tax (PAT) increase of 27 per cent at Rs 19.90 ...

16-Jan-09

Satyam to disburse January salary to US associates

Economic Times, India

MUMBAI: Employees at Satyam Computer Services Ltd’s US offices can breathe easy, as the beleaguered company has made arrangements for the January payroll,

16-Jan-09

Stay away from Satyam: Raheja

Moneycontrol.com, India

Nitin Raheja, CIO of Rada Advisors is of the view that one can stay away from Satyam. Raheja told CNBC-TV18, "It is all open-ended at this point.

16-Jan-09

Bad day for Satyam, Unitech, JP Asso, GMR Infra

Moneycontrol.com, India

Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also watch the accompanying video. It was not a great session but it could have

16-Jan-09

Former independent director of Satyam resigns from Suven Life ...

Economic Times, India

MUMBAI: Mr TR Prasad, a former independent director of Satyam and former Cabinet secretary, has resigned from the board of Hyderabad-based Suven Life .

16-Jan-09

Accumulate Infosys Technologies: Parag Parikh

Moneycontrol.com, India

Parag Parikh Financial Advisory Services has recommended an accumulate rating on Infosys Technologies in its research report. "Infosys reported 15% QoQ

16-Jan-09

Wipro down 7% on World Bank ban, Nortel bankruptcy

Economic Times, India

MUMBAI: The Wipro stock was down by almost 7% to Rs 228.20 intra-day on Thursday. While sentiment for the stock had taken a hit post the World Bank ban,

16-Jan-09

Stabilising Satyam primary objective: TN Manoharan

Moneycontrol.com, India

TN Manoharan, Former president of ICAI and the new board member of Satyam, said ensuring the stability is the new board’s primary objective.

16-Jan-09

The Satyam trading mania

Livemint, India

Standard financial theory says that the value of a firm depends on the assets it owns and the present value of its future cash flows. ..

16-Jan-09

The worst is over, feel Satyam employees

Express Buzz, India

CHENNAI: Satyam employees in the city are slowly coming to terms with the initial shock they received on learning that founder B Ramalinga Raju doctored the .

16-Jan-09

HR speak: Be disciplined, don't leave Satyam!

IBNLive.com, India

If you are an employee of Satyam Computer Services Ltd., chances are, you might be feeling disillusioned and confused about your career move at this point. .

16-Jan-09

India Hot Stocks:Sasken, Satyam plunge in early trades

Reuters India, India

MUMBAI, Jan 15 (Reuters) - The following stocks were on the move at the BSE on Thursday. At 10.07 am the benchmark 30-share BSE index .

16-Jan-09

Satyam employee ends life

Rediff, India 

A 23-year-old employee of scam-ravaged Satyam [Get Quote] Computers allegedly committed suicide in Chennai, apparently fearing that he may lose his job

16-Jan-09

Satyam Accounting Basics Explained

Livemint, India

What exactly did Ramalinga Raju and his colleagues do when they fudged the books? What is so surprising about the fact that the fraud existed in the Cash ...

16-Jan-09

Foreign govts alarmed at Satyam fiasco

Business Standard, India

Foreign governments that had engaged the services of the scam-ridden Satyam Computer Services are deeply worried about how the existing contracts will be

16-Jan-09

Satyam of Modi’s ‘vibrant’ Gujarat

Merinews, India

The amount of investment promised at Vibrant Gujarat summit has been termed as ‘mind boggling’ by an industrialist. He too has committed Rs. 9000 crore but

16-Jan-09

BJP demands special par committee to look into Satyam scam

Indopia, India

New Delhi, Jan 15 The main Opposition BJP today demanded setting up of a special parliamentary committee to look into the irregularities in the Satyam scam.

16-Jan-09

Satyam denies leadership having fled country

Myiris.com, India

Satyam flatly denies malicious media reports that suggested that executives, specifically, Ram Mynampati, Virender Aggarwal and Keshab Panda,

16-Jan-09

BJP demands special par committee to look into Satyam scam

Indopia, India

New Delhi, Jan 15 The main Opposition BJP today demanded setting up of a special parliamentary committee to look into the irregularities in the Satyam scam.

16-Jan-09

TCS Q3 numbers fails short of expectations

Moneycontrol.com, India

Here is a transcript of Sunita Nagpal’s comments on CNBC-TV18. Also watch the accompanying video. Tata Consultancy Services (TCS) Q3 numbers failed short of

16-Jan-09

Satyam denies leadership having fled country

Myiris.com, India

Satyam flatly denies malicious media reports that suggested that executives, specifically, Ram Mynampati, Virender Aggarwal and Keshab Panda,

16-Jan-09

TCS Consolidated Net Profit at Rs 1362.06 Crores in Q3

Equity Bulls, India

Tata Consultancy Services Limited has announced the standalone Results for the quarter ended on 31-DEC-2008. The Net Sales was at Rs. 587548 lacs for

16-Jan-09

Infosys mulling consulting, ERP acquisitions

domain-B, India

Infosys is reported to be looking at potential acquisitions in the consulting and enterprise resource planning (ERP) space, according to a report by ..

16-Jan-09

Software engineer commits suicide

Sakaal Times, India

Chennai: A software engineer allegedly committed suicide by consuming poison last evening as he was suffering from illness for sometime. ...

16-Jan-09

Bulk Deals: Satyam Computer Services tops NSE chart

Myiris.com, India

On Thursday, Lazard Asset Management LLC A/C General Conference Corporat sold 24400000 shares at Rs 21.74 a share and Swiss Finance Corporation (Mauritius) .

16-Jan-09

Satyam scam prompts companies to come clean

Economic Times, India

MUMBAI: The recent Satyam scam has encouraged more companies to proactively come out with timely divulgence of information, thus calling for tighter

16-Jan-09

ICAI committee discuss role of auditors in Satyam scam

Myiris.com, India

Accounting regulator, the Institute of Chartered Accountants of India`s (ICAI) high level committee investigating into the Satyam`s Rs 78 billion fraud case .

16-Jan-09

Infosys parked majority of deposits with PSU banks

Rupee Times, India

By Vaibhav Aggarwal As public sector banks are ahead of their private peers in terms of market share, most of the investors including the country's largest

16-Jan-09

Satyam took all into confidence!

Central Chronicle, India

The Satyam episode has suddenly woken up all those dealing with stock market and company administration about Corporate Governance

16-Jan-09

Stocks to watch: Maytas, Reliance, TCS, PFC, Indraprastha Gas

Economic Times, India

MUMBAI: Weak cues from global shores paint a murky picture for Indian stock markets Thursday. Traders are likely to unwind their positions that were built

16-Jan-09

Has Government bungled on the appointment of Directors to the ...

HardNews Magazine, India

By Sanjay Kapoor Hardnews Exclusive Under which legal provision of the Company Law did the Indian government appoint three new directors to the disgraced ..

16-Jan-09

Oppn in AP wants Centre to come to rescue of Satyam employees

Indopia, India

Hyderabad , Jan 15 Opposition parties in Andhra Pradesh have demanded that the Government of India should come to the aid of thousands of employees of the

16-Jan-09

Satyam's tiger, whose bull?

CIOL, India

The cat is out of Satyam's bag and with that come out alluring items like big customers, attractive employee pool and strategic options, for both Indian and .

16-Jan-09

Headhunters after Satyam techies

Siasat Daily, India 

Hyderabad, Janaury 15: Even as the Satyam fiasco triggered fears of job and pay cuts among the employees, they are getting a breather in the form of offers

16-Jan-09

HCL Technologies tumbles 6.69% at BSE

Myiris.com, India

The scrip has touched an intra-day high of Rs 114.00 and low of Rs 106.05. The total volume of shares traded at the BSE is 36094. In the earlier session,

16-Jan-09

Bombay HC issues notices against respondents in Satyam scam

Indlaw.com, India

The Bombay High Court issued notices to the centre and 17 other respondents to file a reply in the multi-crore Satyam scam. A division bench of Chief

16-Jan-09

Vivek Paul leads race for Satyam CEO position

MSN India, India

New Delhi/ Bangalore: Vivek Paul, former vice-chairman of Wipro and CEO of its global IT business, has emerged as the front runner for the post of CEO of .

16-Jan-09

Hold Infosys: Reliance Money

Moneycontrol.com, India

Reliance Money has maintained its hold rating on Infosys Technologies with a target of Rs 1234 in its January 14, 2009 research report

16-Jan-09

Letter from Price Waterhouse to the Satyam Board

Prdomain Business Register (press release), India

14 Jan 2009 , Hyderabad, India : Satyam Computer Services Ltd. (NYSE:SAY) announced today that its Board of Directors received on January 13, 2009 a letter ..

16-Jan-09

Satyam Launches Search for New CEO and CFO

Prdomain Business Register (press release), India

14 Jan 2009 , Hyderabad, India : Satyam Computer Services Ltd. (NYSE:SAY) announced today that its Board of Directors has launched a search to identify

16-Jan-09

JETCAM launches new suite of composite material software ...

CAD CAM News, India

JETCAM International sarl today announced that it will be demonstrating a new suite of applications along with new versions of its Expert CADCAM and nesting ...

16-Jan-09

Semiconductor and software dominate year 2008 US patent recipients

EE Herald, India

The innovation and semiconductor goes together more than any other industry. It's clearly visible from the recently announced Top US-patent recipients by ...

16-Jan-09

Hold Infosys for long term: Srivastava

Moneycontrol.com, India

Ajay Srivastava, Dimensions Consulting is of the view that one can hold Infosys Technologies with long term perspective. Srivastava told CNBC-TV18, .

16-Jan-09

Nucleus Software's FinnOne™ Automates Loan Process for SMEs at ...

India PRwire (press release), India

Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of integrated software products for banks and financial institutions

16-Jan-09

CopierciN’ Copy Paste App / Software for the iPhone: Via CYDIA

All about the iPhone, India

CopierciN V0.1 (beta) - Built and tested on iPhone firmware 2.0.1 (Alternative to Wetool for firmware version 2.0). Tested by us on 2.0.2 successfully. ...

16-Jan-09

Tarun Das among three new directors on Satyam board

Newstrack India, India

New Delhi, Jan 15 (IANS) The government Thursday appointed three more directors to the board of the fraud-hit Satyam Computer Services, including Tarun Das,

16-Jan-09

Customers Worried About Outsourcing After Satyam Scandal

EFYTimes (press release), India 

Zinnov, an IT advisory firm, has said that customers of all sizes are now worried about the known and unknown risks involved and the resulting impact that

16-Jan-09

AVX Launches Latest Version Of SpiTanII Software

EFYTimes (press release), India

Computer modelling and simulation is an important design resource that can save cost and time to market, and reduce potential quality issues

16-Jan-09

No mention of India salary in email from Satyam HR

Times of India, India

On Thursday, a mail from HR head of Satyam, SV Krishnan, stating that the payroll cycle for mid-January 2009 for US associates would go ahead as scheduled

16-Jan-09

Satyam reassures FIFA on World Cup work

Economic Times, India

15 Jan 2009, 2314 hrs IST, PTI LONDON: Satyam Computer Services, the software exporter facing fraud allegations, is reassuring soccer's governing body that

16-Jan-09

BSE Sensex provisionally drops, Satyam down 32pct

Reuters India, India

MUMBAI (Reuters) – The BSE Sensex provisionally closed down 3.26 percent on Thursday, following losses in global markets amidst a deepening banking crisis,

16-Jan-09

Client questions Wipro on World Bank

Economic Times, India

Origin Energy Ltd is seeking clarification from Wipro Ltd, which the electricity and gas retailer hired to revamp its retail business, on why the Indian

16-Jan-09

Tarun Das among three new directors on Satyam board

Hindustan Times, India

The government Thursday named three more directors to the Satyam Computer Services board, including Tarun Das, chief mentor of the Confederation of Indian

16-Jan-09

Misys, HCL integrate loan origination tool for banks

Business Standard, India

HCL CapitalStream Lending Group, a division of HCL Technologies and FTSE-listed Misys, have formed an alliance to offer a new technology solution to the ...

16-Jan-09

Google hawking "cloud" software to businesses

Economic Times, India

SAN FRANCISCO: Google on Wednesday began recruiting a sales force to offer the Internet firm's software to business customers worldwide who traditionally .

16-Jan-09

Salesforce adds customer-service software bundle

Reuters India, India

BOSTON, Jan 15 (Reuters) - Salesforce.com Inc (CRM.N: Quote, Profile, Research), the top maker of business software delivered over the Internet, ...

16-Jan-09

Browzwear's 3D Fashion Design Software Cuts 70% of Costs

BharatTextile.com (subscription), India

Browzwear International , the pioneer of 3D fashion design and communication software, today unveils the V-Stitcher™ 4.4, a comprehensive 3D fashion design ...

16-Jan-09

Slain Satyam engineer's body being sent to India

MSN India, India

Washington: As police investigated the murder of a software engineer from Hyderabad in the US, the Indian consulate in Houston sent an official to Little

16-Jan-09

Recruitment in Bengal IT sector may slump due to meltdown

Zee News, India

Kolkata, Jan 15: The recruitment in the information technology (IT) sector in West Bengal is likely to be lower than the target set by the government due to ...

16-Jan-09

Servant Systems Supports Software Development for The Dwyer Group ...

IT News Online, India

ANN ARBOR, Mich., Jan. 15 /PRNewswire/ -- Don DeSmith, president of software developer Servant Systems, Inc., announced that his company is now doing ...

16-Jan-09

Sensex falls, Satyam dives

Express Buzz, India

MUMBAI: The Sensex fell 4 percent early on Thursday, tracking falling global markets and a deepening banking crisis in the United States, while Satyam

16-Jan-09

Infosys, Univ of Cambridge partner for research

CIOL, India

BANGALORE: The University of Cambridge and Infosys Technologies Ltd. have signed a Memorandum of Understanding establishing collaborative research ventures

16-Jan-09

Magellan(R) Announces New Triton Software With Improved North ...

IT News Online, India

ORLANDO, Fla., Jan. 15 /PRNewswire/ -- Magellan, one of the leading GPS brands, announced the availability of its enhanced Triton software with an Improved ...

16-Jan-09

ICICI Bank maintains credit limit of Satyam employees

Myiris.com, India

ICICI Bank said it has maintained the credit limit of its customers working at the disgraced IT firm Satyam, reports Business Standard.

16-Jan-09

Club Car Reduces Product Information Delivery Time by 25% Using ...

CAD CAM News, India

NEEDHAM, Mass : PTC (Nasdaq: PMTC), The Product Development Company®, today announced that Club Car, part of worldwide Ingersoll Rand and a manufacturer of ...

16-Jan-09

Late Night Software Releases Script Debugger 4.5.2 Update

TechWhack (press release), India

Late Night Software Ltd. today announced the immediate availability of Script Debugger 4.5.2, an update to the latest version of its award-winning ...

16-Jan-09

Stellar Launches Phoenix BKF Recovery Software

India PRwire (press release), India

Stellar Launches Phoenix BKF Recovery Software Stellar Phoenix BKF Recovery is a powerful tool that provides restoration of BKF files after any logical ...

16-Jan-09

iYogi Partners with GlobalLogic for Software Product Development ...

India PRwire (press release), India

iYogi (www.iyogi.net) today announced a software product development partnership with GlobalLogic Inc. to create a "Generation V" services platform for ...

16-Jan-09

Lawmaker to investigate software glitches at VA

Indopia, India 

The chairman of the House Veterans Affairs Committee said Thursday he would investigate software glitches at the VA that put patient safety at risk, ...

16-Jan-09

Global Businesses Choosing Lotus Software; More Than Half of ...

PressReleasePoint (press release), India

ARMONK, NY - 15 Jan 2009:In advance of its annual Lotusphere conference in Orlando, Florida next week, IBM (NYSE:IBM) today announced that the number of

16-Jan-09

EndNote X2 Now Seamlessly Connects to Mac Productivity Software

IT News Online, India

PHILADELPHIA and LONDON, Jan. 15 /PRNewswire/ -- The Scientific business of Thomson Reuters announced today that for Mac now integrates with Pages '09, .

16-Jan-09

Sify Technologies to Report Third Quarter 2008-2009

PressReleasePoint (press release), India

Sify Technologies Limited (Nasdaq NM: SIFY), a leader in Consumer Internet Services and Enterprise Services in India with global delivery capabilities, ..

16-Jan-09

Quiconnect introduces Connector software to make wireless ...

TechWhack (press release), India

January 15, 2009 – To make the whole wireless broadband roaming experience as simple as cellular, Quiconnect today announces that it is launching new ...

16-Jan-09

Wipro to Offer CUDA Software Services to Global Customer Base

IT News Online, India

SANTA CLARA, Calif., Jan. 15 /PRNewswire-FirstCall/ -- NVIDIA today announced it is now working closely with Wipro to provide CUDA(TM) professional services

16-Jan-09

Likewise Software Accepted into Intel(R) Certified Solutions Program

IT News Online, India

BELLEVUE, Wash., Jan. 15 /PRNewswire/ --Likewise Software has successfully completed the process for the Intel(R) Certified Solutions Program, ...

16-Jan-09

Dell Download Store – First Online Software Superstore to Combine ...

Webnewswire.com, India

Dell recently launched the Dell Download Store, the first online software superstore where consumers and small-and-medium-sized businesses can easily ..

16-Jan-09

Pomerantz Law Firm Files Class Action Lawsuit against Satyam ...

Merinews, India

Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) (?Pomerantz?) has filed a class action lawsuit in the United States District Court

16-Jan-09

Bunkspeed Software Used to Launch Tesla Roadster Sports Edition

IT News Online, India

LOS ANGELES, Jan. 15 /PRNewswire/ -- Bunkspeed, developer of the world's fastest 3D rendering technology for design, engineering, and marketing, ...

16-Jan-09

Moneybookers Develops Payment Process for eCommerce Software ...

IT News Online, India

Moneybookers, one of the world's leading online payment systems, has made a newly-developed payment process immediately available as a free plug-in to ...

16-Jan-09

Yahoo names software exec Bartz as new CEO

CIOL, India

SAN FRANCISCO, USA: Yahoo Inc named Autodesk Inc Chairman Carol Bartz as CEO, but Wall Street questioned whether the software executive has the experience

17-Jan-09

Economic Crisis & Satyam Saga : Boon or Bane for India

Economic Times, India

It may sound cruel to say this, but the current economic crisis in the West might have brought some unintended benefits to India. This is best illustrated .

17-Jan-09

Satyam staff faces cut in variable pay

Economic Times, India

BANGALORE: Employees at the troubled Satyam Computer Services who may have heaved a collective sigh of relief with the anticipated receivables position of ...

17-Jan-09

Satyam fraud: CID, SFIO work together

Times of India, India

HYDERABAD: The Crime Investigation Department (CID) and Serious Fraud Investigation Office (SFIO) officials are working together in ‘organising' the data ...

17-Jan-09

Satyam board to meet today

Hindu, India

NEW DELHI: The expanded board of crisis-ridden Satyam Computer Services is slated to meet in Hyderabad on Saturday to thrash out issues pertaining to fund ...

17-Jan-09

Satyam employee murder: Father relieved at fast police action

Times of India, India

HYDERABAD: N Lakshmana Murthy, the father of Akshay Vishal, the techie who was murdered in US, said that he was relieved to know that the police there ...

17-Jan-09

Left to oppose Satyam bailout: Bardhan

Times of India, India

PATNA: The Left front would oppose any move of the Union government to bail out Satyam by extending it assistance directly or through banks, ...

17-Jan-09

Satyam managers struggle to retain customer base

Times of India, India

PUNE: Senior managers of beleaguered software major Satyam Computer Services Limited are in a fix as their efforts to retain the company's customer base

17-Jan-09

IT probe likely to cover Satyam bankers too

Economic Times, India

NEW DELHI: The Income-Tax department, which is investigating into Satyam Computer’s tax payments and returns, may expand its probe to cover banks which held

17-Jan-09

ICAI will object even if KPMG's audit arm works for Satyam

Business Standard, India

The Institute of Chartered Accountants of India (ICAI), which regulates the profession of chartered accountants in the country, today said it would raise ...

17-Jan-09

Essar's Aegis in contact with government for Satyam BPO buyout

Economic Times, India

KOLKATA: The Ruias of Essar are exploring an outright 100% buyout of troubled Satyam's wholly-owned outsourcing arm, Satyam BPO (formerly, Nipuna Services ...

17-Jan-09

Satyam old books under lens

Economic Times, India

HYDERABAD: The Income Tax department is set to reopen the books of Satyam from FY02. "We have time only till the end of this fiscal to send notices to the

17-Jan-09

TCS steps up due diligence on contracts

Economic Times, India

MUMBAI: Software exporter Tata Consultancy Services (TCS) has stepped up its due diligence on IT contracts following growing financial troubles and ...

17-Jan-09

Cong wants comprehensive inquiry into Satyam

Hindu, India

New Delhi (PTI): Congress on Friday said that it wanted the most comprehensive and holistic inquiry into every aspect and all sister concerns of scam ridden

17-Jan-09

Palepu recommended Satyam board reconstruction after Dec 16 meeting

Economic Times, India

MUMBAI: Former Satyam independent director and management guru, Professor Krishna Palepu said he had recommended reconstituting the Satyam board and hiring ..

17-Jan-09

The story of a ‘Little India’ in Satyam

Hindu, India

Chennai: These are days when any link with Satyam merits a second look, and a closer one. But this is a positive story, about how the first commercial ..

17-Jan-09

Banks free to sell Satyam assets

Economic Times, India

NEW DELHI: The government has assured state-run banks that it will not come in their way of invoking guarantees and taking over pledged properties if ...

17-Jan-09

LIC nominee appointment on Satyam board lifts co’s stock

Hindu Business Line, India

Mumbai, Jan. 16 Satyam shares gained close to 40 per cent in intra-day trade on Friday after closing 32 per cent down on Thursday. ...

17-Jan-09

BPO awarded for exemplary social work

Times of India, India

LUCKNOW: The Indian Institute of Management, Lucknow (IIM-L) has instituted an award for the corporate houses doing exemplary work as part of their ...

17-Jan-09

Infosys hires Mercer to rejig 5-year-old HR management system

Economic Times, India

NEW DELHI: Infosys Technologies is set to overhaul its performance management system— PerformMagic—which has been in use for over five years, .

17-Jan-09

Satyam board meets today; fund to be the agenda

NDTV.com, India

Action and not just assurances - that is what investors, clients and employees of Satyam would be hoping for as the expanded board of directors meets on

17-Jan-09

Post-Satyam, caution rules Job Street

Economic Times, India

NEW DELHI: With India’s biggest corporate fraud coming to light after Satyam’s disgraced promoter confessed that he fudged the company’s accounts for years,

17-Jan-09

Stocks to watch: TCS, GAIL, Satyam

Economic Times, India 

MUMBAI: Stocks are likely to open higher on Friday with global markets stabilising. The Nifty may claw back to the 2800 level given the magnitude of the ...

17-Jan-09

BSE Sensex recovers 2 pct, TCS falls

Reuters India, India

MUMBAI (Reuters) - The BSE Sensex recouped more than 2 percent on Friday, as the US government rescued a beleagured bank and helped trigger hopes the move

17-Jan-09

Man held for selling software package

Times of India, India

PUNE: The Hinjewadi police on late Wednesday night arrested Nilesh Kedar of Badlapur for illegally selling a software package of SNET Technologies Private ...

17-Jan-09

Hold TCS, target of Rs 590: Emkay Global

Moneycontrol.com, India

Emkay Global Financial Services has maintained its hold rating on Tata Consultancy Services (TCS) with a target of Rs 590 in its January 16, 2009 research ...

17-Jan-09

Buy TCS, target of Rs 584: Motilal Oswal

Moneycontrol.com, India

Motilal Oswal has maintained its buy rating on Tata Consultancy Services (TCS) with a target of Rs 584 in its January 15, 2009 research report

17-Jan-09

Satyam scam too small to hit Indian IT firms in US: Official

Economic Times, India

16 Jan 2009, 2135 hrs IST, PTI MUMBAI: The Satyam fraud would not have any major impact compared to scams in the UK and America, US Consul General Paul A ...

17-Jan-09

Could Sundaram be Satyam's new entity?

Economic Times, India

In the larger ‘public interest’, the debris of the corporate fraud at Satyam Computer Services must be cleaned up by the hapless taxpayer — on that score, ...

17-Jan-09

Satyam denies executives have fled India

Economic Times, India

MUMBAI: Satyam Computer Services Ltd has denied reports that suggest its executives Ram Mynampati, Virender Aggarwal and Keshab Panda have left the country ...

17-Jan-09

Satyam’s top brass approaches rivals?

NDTV.com, India

Shareholders be damned! So what if they lose their money! This is exactly what is the thinking amongst a few top employees of the disgraced technology firm

17-Jan-09

Satyam scam: Banks, internal auditor under Sebi scan

Business Standard, India

Capital market regulator Securities and Exchange Board of India (Sebi), which was investigating insider trading charges against Satyam’s promoters and some .

17-Jan-09

Satyam fiasco puts role of independent directors in spotlight

Economic Times, India

MUMBAI: The scale of the Rs 7000-crore financial fraud that threatens the survival of Satyam Computer Services has put an unwelcome spotlight on the role of .

17-Jan-09

Banks told to ensure Satyam fiasco doesn't affect back-ends

Economic Times, India

MUMBAI: Banks, which have appointed Satyam Computer Services as back-end service providers, have been directed by the Reserve Bank of India (RBI) to ensure ...

17-Jan-09

Vinod DhallL: Lessons from Satyam

Business Standard, India

The passing of the Companies Bill which contains a slew of governance measures is vital. The unravelling of events at Satyam has, among other things,

17-Jan-09

After Satyam scam, 15 more cos under scanner

IBNLive.com, India

New Delhi: After Satyam, some 15 companies have come under the scanner for inflated balance sheets. Investors Grievances Forum President, Dr Kirit Somaiya

17-Jan-09

Noon: Sensex over 150 pts up, TCS still under pressure

Livemint, India

New Delhi: Following firm Asian markets, the Bombay Stock Exchange benchmark Sensex continues trading positive on Friday. On opening, Sensex rebounded by 1% ...

17-Jan-09

Will Babu be the next Satyam CEO?

Daily News & Analysis, India

Arati R. Jerath & Anil Anand / PTI New Delhi: An intensive search produced three more directors for the board of beleaguered Satyam Computers on Thursday. ...

17-Jan-09

Satyam, an audit process failure: Pai

Hindu Business Line, India

As auditors, you write to the banks and ask for a confirmation directly. You do not go by the records of the company. — Mohandas Pai New Delhi, Jan. ...

17-Jan-09

Wipro, Infosys hurt by Nortel's bankruptcy

Express Buzz, India

BANGALORE: The stocks of both Wipro and Infosys plunged on after Nortel Networks Corp, North America’s biggest maker of telephone equipment, ...

17-Jan-09

Satyam fraud blamed on ‘trespassing of rules’

Hindu Business Line, India

NEW DELHI: Terming the financial wrongdoing in Satyam as **trespassing of rules'', an international body of accounting standards today said laws cannot be

17-Jan-09

TCS lower on below expectation Q3 earnings

Economic Times, India

MUMBAI: TCS shares were trading at Rs 503, down 1.4% in a firm market Friday, after the company posted results that were below market expectations. ...

17-Jan-09

Equities open higher; Satyam surges

Economic Times, India

MUMBAI: Equities opened higher on Friday in line with Asian peers. Stocks, which were badly beaten in Thursday’s trade, picked up steam.

17-Jan-09

Neeraj Gupta resigns from Patni Computer Systems

Equity Bulls, India

Patni Computer Systems Ltd has announced that Mr. Neeraj Gupta, Chief Commercial Officer and Head of Global Client Relations, has resigned from the Company

17-Jan-09

Cisco Appoints HCL Infosystems as ND for Linksys

CRN, India

Cisco has appointed HCL Infosystems as its national distributor for its Linksys consumer home networking products. Craig Gledhill, Vice President, .

17-Jan-09

Misys, HCL Partner to Integrate Loan Original Tool

Network Computing, India

By Peggy Bresnick Kendler, Bank Systems & Technology, Jan. 16 2009, 1100 hrs Misys plc (London) and HCL CapitalStream Lending Group (Noida, India), ...

17-Jan-09

Sonata Software Q3 net profit up 27 percent

Siliconindia.com, India

By siliconindia news bureau Bangalore: The financial services ISV company, Sonata Software has recorded a 27 percent year-on-year (YoY) growth in its net

17-Jan-09

Jive Software Names Bill Lanfri to Board of DirectorsSubscribe to ...

PressReleasePoint (press release), India

PORTLAND, OR, JANUARY 12, 2009- Jive Software, the social business software leader, announces the addition of Bill Lanfri to its Board of Directors. ...

17-Jan-09

After Satyam scam, 15 more cos under scanner

IBNLive.com, India

New Delhi: After Satyam, some 15 companies have come under the scanner for inflated balance sheets. Investors Grievances Forum President, Dr Kirit Somaiya

17-Jan-09

See hope if Vivek Paul becomes Satyam CEO

Moneycontrol.com, India

Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also watch the accompanying video. The Foreign Institutional Investors (FIIs)

17-Jan-09

TCS to range between Rs 400-500

Moneycontrol.com, India

Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also watch the accompanying video. If you look at TCS, given the kind of body ...

17-Jan-09

Datawind Appoints HCL as ND for PocketSurfer 2

ChannelTimes.com (press release), India

By Sandhya Malhotra Datawind, a provider of wireless web access products and services, has appointed HCL Infosystems as its national distributor for

17-Jan-09

Can Satyam continue to exist without a promoter?

Moneycontrol.com, India

As the Satyam saga continues and more details come out of what remains of the erstwhile tech giant, it emerged that the company has Rs 1700 crore in

17-Jan-09

Satyam episode puts Punjab on guard as regards IT policy

Indopia, India

Jalandhar , Jan 16 Having been made cautious by the Satyam episode, the Punjab government today said that it would scrutinise closely the upcoming

17-Jan-09

Software Labs intros xFusion Studio

CIOL, India

SACRAMENTO, USA: Software Labs, Inc., a developer of advanced data migration and integration solutions has announced the availability of xFusion Studio 4.0. ...

17-Jan-09

HEM`s result update on Infosys

Myiris.com, India

Hem Securities, highlights, Infosys Technologies (Q, N,C,F)* posted a topline growth of 35.76% from Rs 39990 million in Q3FY08 to Rs 54290 million beating

17-Jan-09

BPO 1.0 to BPO 2.0—the great opportunity

Express Computers, India

IT services from India which started 20 years ago has made the world to take notice of the knowledge power and intellectual capabilities of India. ...

17-Jan-09

Cisco appoints HCL Infosystems as National Distributor

itVARnews.net (press release), India

Cisco announced the appointment of HCL Infosystems as a national distributor for its Linksys by Cisco consumer home networking products.

17-Jan-09

Satyam chief at the Slumdog Millionaire show?

bollywoodhungama, India

By Bollywood Hungama News Network, January 16, 2009 - 12:41 IST With Slumdog Millionaire proving to be 'SlumGOD Millionaire' for one and all associated with

17-Jan-09

Bangalore: Accident near Kunigal on NH 48: Three Software ...

Daijiworld.com, India

Bangalore, Jan 16: In an accident that occurred on national highway 48 near Narayanipalya, Kunigal on Thursday January 15, three software engineers died ...

17-Jan-09

Satyam Denies Leadership Fled India

CXOToday.com, India

By CXOtoday Staff Satyam has denied media reports that stated that its top leadership had fled India in a bid to avoid interaction with the investigation

17-Jan-09

SECUDE implements FIPS PUB 140-2 certified algorithms for software ...

PressReleasePoint (press release), India

SECUDE International AG announces today that its Pre-Boot Authentication (PBA) and Full Disk Encryption (FDE) solution, FinallySecure Enterprise, ...

17-Jan-09

Satyam seeks to reassure FIFA on World Cup work

India Infoline.com, India

Satyam in Nov was named as the first Indian Co. to sponsor a FIFA World Cup and meant to be FIFA’s official IT provider until 2014

17-Jan-09

Recruitment in Bengal IT sector may slump due to meltdown

Smash Hits, India

Kolkata, Jan 15 (IANS) The recruitment in the information technology (IT) sector in West Bengal is likely to be lower than the target set by the government ...

17-Jan-09

Silver lining in a dark ‘Satyam’ cloud

Merinews, India

The Satyam scandal has cast a poll of gloom on the Indian corporate sector. It has raised serious doubts about the credibility of Indian firms worldwide. ...

17-Jan-09

Satyam founder Raju seeks special status in jail

Newstrack India, India

Hyderabad, Jan 16 (IANS) Lawyers for disgraced Satyam Computer Services founder-chairman B. Ramalinga Raju Friday sought special status for him in jail,

17-Jan-09

Stellar Launches Deleted E-Mail Recovery Software

PressReleasePoint (press release), India

Stellar Information Systems, the industry’s leading and most advanced provider of data recovery products and services has launched Stellar Phoenix Deleted ...

17-Jan-09

Logic361 Announces Free Expert Search Advertising Analysis ...

PressReleasePoint (press release), India

Free Search Engine Advertising Analysis Software Exposes Hidden Google Adwords Pay Per Click (PPC) Advertising Revenue and Cost Savings Opportunities for

17-Jan-09

Satyam's Raju seeks special treatment in jail

Times of India, India

16 Jan 2009, 2012 hrs IST, PTI HYDERABAD: Satyam's tainted founder Ramalinga Raju on Friday asked the court for special treatment for him and his brother in

17-Jan-09

TCS not looking to hire from Satyam

Sify, India

Mumbai: TCS has said that it is not actively looking at hiring employees from Satyam Computer. “We are well on track with our hiring outlook for the current

17-Jan-09

Indian shares recover 2 pct, Tata Consultancy falls

Reuters India, India

* Financials rise on US bailout of Bank of America * Outsourcers drop as Tata Consultancy results disappoint * Fraud-scarred Satyam climbs after previous

17-Jan-09

Govt expands Satyam board, but no bailout plan

Siasat Daily, India 

Hyderabad, January 16: The government appointed three new members to the board of embattled Satyam Computer Services, but said it was not considering ...

17-Jan-09

We are happy with Satyam's service: SBI

Smash Hits, India

Kolkata, Jan 15 (IANS) India's largest bank, the State Bank of India (SBI), has decided to retain its contract with scam-tainted information technology (IT) .

17-Jan-09

Sops and targets that put software industry on notice

Frontline, India

Chennai: The Department of Electronics (DoE) Secretary Nagarajan Vittal, Joint Secretary in the Ministry of Commerce K. Roy Paul, and Economic Advisor ...

17-Jan-09

Satyam's ex-director submits 6th resignation in a row!

MSN India, India

TR Prasad, who was an independent director on the board of tainted IT firm Satyam Computer, has resigned from the board of yet another company Taj Gvk

17-Jan-09

Satyam has asked for Rs.1.5 bn for US staff: Official

Smash Hits, India

New Delhi, Jan 15 (IANS) A senior executive with Satyam Computer Services has told the government that the fraud-hit company needs at least Rs. 150 crore

17-Jan-09

AmpliTube Fender(R) Announced: The Official Fender(R) Software Amp ...

IT News Online, India

MODENA, Italy, Jan. 16 /PRNewswire/ -- AmpliTube Fender(R) is the only official Fender guitar/bass amp and FX software suite, made by IK Multimedia in ...

17-Jan-09

Nisus Software Announces The Nisus After The Expo Sale

TechWhack (press release), India

Nisus Software today announces their After Macworld Expo Sale. From now until January 21, Nisus is offering both Nisus Writer Express and Nisus Writer Pro ...

17-Jan-09

Sify & Synchronica to offer hosted mobile email

Moneycontrol.com (press release), India

Synchronica plc (AIM: SYNC.LN), the international provider of mobile email and synchronization solutions, today announced an agreement with Sify .

17-Jan-09

Google Offers Cloud Software To Business Customers

EFYTimes (press release), India

Google is offering cloud software to business customers who use Microsoft programmes. Cloud services such as spread sheets, word processing and calendars

17-Jan-09

Satyam Firing Workers 'On The Spot,' Analyst Says

Network Computing, India

By Paul McDougall, InformationWeek, Jan. 16 2009, 1200 hrs Beleaguered Indian outsourcer Satyam, whose chairman earlier this month admitted falsifying

17-Jan-09

Microsoft Updates Malicious Software Tool

PC World India, India

By Jeremy Kirk Microsoft's Malicious Software Removal Tool (MSRT) has been upgraded so it can remove a worm that tries to download malicious software.

19-Jan-09

Satyam's old directors may be kept out of other boards too

Economic Times, India

NEW DELHI: The government is set to disqualify all the nine directors of the superseded Satyam Computer Services board from sitting on the boards of other ...

19-Jan-09

L&T stakes claim, says it has a plan to save Satyam

Economic Times, India

MUMBAI: Engineering major Larsen & Toubro (L&T) continues to be interested in acquiring Satyam Computer Services. L&T’s chairman AM Naik told ET that L&T,

19-Jan-09

Satyam may look for buyer

Economic Times, India

MUMBAI: The newly-appointed board of Satyam Computer Services is set to appoint two to three investment bankers to explore the possibility of finding a new ..

19-Jan-09

AP CM blames Naidu for Satyam scam

Times of India, India

NEW DELHI: Andhra Pradesh chief minister YS Rajasekhara Reddy on Sunday blamed his predecessor, N Chandrababu Naidu, for the fraud detected in IT major ...

19-Jan-09

Cyber experts to help CID in Satyam probe

IBNLive.com, India

TIME TO ANSWER: Ramalinga Raju comes out of Chanchalguda Central Jail as CID takes his custody. ibnlive.com is on mobile now. Read news, watch videos be a ...

19-Jan-09

Funds diverted from Satyam: Govt

Times of India, India

NEW DELHI: Corporate affairs minister Prem Chand Gupta on Sunday said Satyam's disgraced chairman B Ramalinga Raju's confession of fudging balancesheets was ...

19-Jan-09

Class action may stall Satyam takeover

Hindu, India

The lawsuits can be resolved through out of court settlements or through ‘directed mediation’ where the compensation was mutually agreeable to both sides.

19-Jan-09

Probe Satyam-Maytas nexus: Karat

Hindu, India

NEW DELHI: Communist Party of India (Marxist) general secretary Prakash Karat has written to Prime Minister Manmohan Singh to extend the scope of the Satyam ...

19-Jan-09

I have not been contacted to lead Satyam: Vivek Paul

Economic Times, India

There has been much speculation about you joining Satyam. Are you open to being the CEO of Satyam ? First of all, it is not my place to assess whether I can ...

19-Jan-09

Post-Satyam, execs choose employers

Economic Times, India

NEW DELHI: With India’s biggest corporate fraud coming to light after Satyam’s disgraced promoter confessed that he fudged the company’s accounts for years,

19-Jan-09

Raju's philantrophic mission EMRI to continue despite Satyam scam

Economic Times, India

18 Jan 2009, 2000 hrs IST, PTI HYDERABAD: Claiming the Emergency Management Research Institute (EMRI) as a "completely independent entity" from Satyam

19-Jan-09

Satyam board was given contrary picture on World Bank ban

Economic Times, India

18 Jan 2009, 1503 hrs IST, PTI NEW DELHI: Even after the World Bank imposed a ban on Satyam on charges of giving improper benefits to the lender's employees .

19-Jan-09

Satyam's Raju more equal before law than DDA scam accused?

Times of India, India

Citizens, be they law abiding persons or those charged with some offence, have a fundamental right to equality guaranteed by the Constitution.

19-Jan-09

Ex-Satyam BPO chief in contention for CEO post

Business Standard, India

Even as the buzz around Vivel Paul's candidature as CEO is still doing the rounds at Satyam Computer Services, insiders say the government is considering a ...

19-Jan-09

Fortune 500 firm terminates contract with Satyam

Times of India, India

18 Jan 2009, 1136 hrs IST, PTI WASHINGTON: A Fortune 500 American insurance company has terminated its contract with the scam-tainted Satyam Computer, ...

19-Jan-09

Sapna Dogra: Getting to Satyam's satya

Business Standard, India

A post-graduate degree in economics from the prestigious Delhi School of Economics, and a two-year stint as the Director General of Investigation and ..

19-Jan-09

Satyam not to abandon SEZ plans

Hindu, India

New Delhi (PTI): Satyam Computer Services has no intention to abandon its Rs 370-crore Special Economic Zone projects but the troubled IT firm facing a

19-Jan-09

Ban directors from other boards: CLB on Satyam scam

Business Standard, India

The government has approached the Company Law Board (CLB) with a request that all former directors of scam-hit Satyam Computers should be banned from .

19-Jan-09

TN Manoharan named new Satyam Chairman

Moneycontrol.com, India

TN Manoharan, former Chief of the Institute of Chartered Accountants of India, has been named the Chairman of the the internal Audit Commitee of Satyam

19-Jan-09

Satyam, a regulatory failure’

Financial Express, India

Jamshedpur: The Satyam Computers incident has been a comprehensive Indian regulatory failure similar to the recent financial institution failures one

19-Jan-09

State Farm Insurance terminates Satyam contract

Reuters India, India

MUMBAI (Reuters) - US-based insurer State Farm Insurance Co has terminated its contract with fraud-hit Satyam Computer Services Ltd, a spokeswoman for the .

19-Jan-09

‘Satyam, a regulatory failure’

Financial Express, India

Jamshedpur: The Satyam Computers incident has been a comprehensive Indian regulatory failure similar to the recent financial institution failures one

19-Jan-09

TCS to freeze lateral hiring

Business Standard, India

Tata Consultancy Services (TCS), the country’s largest IT services provider, has plans to freeze its lateral hiring, or recruitment of experienced hands

19-Jan-09

Satyam: Time to make amends

NDTV.com, India

India Inc is now under the scanner. One of the most trusted names in the IT sector, Satyam Computer, has let the nation down. It is a matter of great worry

19-Jan-09

Despite Satyam, FIIs eye India

Business Standard, India 

Foreign institutional investors (FIIs) have started looking at India as an attractively-valued market despite the Satyam scandal. ..

19-Jan-09

Vinod Dhall: Lessons from Satyam

Business Standard, India

The passing of the Companies Bill which contains a slew of governance measures is vital. The unravelling of events at Satyam has, among other things, .

19-Jan-09

Finacle develops software for rural banking ops

Business Standard, India

PTI / New Delhi January 18, 2009, 17:15 IST After consolidating its position in the traditional banking segment, the banking product division of Infosys

19-Jan-09

Why did Wipro not speak up?

Express Buzz, India

The distressing episode involving Wipro, one of our most respected firms, and the World Bank hasn’t been reassuring. Coming right after the Satyam fiasco

19-Jan-09

Valley IT industry welcomes ESSAR announcement

GreaterKashmir.com (press release), India

Srinagar, Jan 18: The information technology industry has welcomed the announcement made by the ESSAR Group of setting two BPOs here in J&K.

19-Jan-09

Column : Cracking the Satyam case

Financial Express, India

: It will take more than one winter for the investigators to piece together the disparate strands of the Satyam story. Despite our fascination for quick

19-Jan-09

Satyam and state intervention

Livemint, India 

Section 388 (B to D) of the Companies Act 1956 provides for a change of management in case existing personnel are found to be guilty of fraud, malfeasance, ...

19-Jan-09

Stringent data protection law to help maintain lead in IT sector

Livemint, India

India is the hub of global information technology (IT) outsourcing. The IT and IT-enabled services (ITeS) sector has witnessed phenomenal compounded annual ...

19-Jan-09

Govt. to elect new Satyam chairman

Myiris.com, India 

The newly constituted board of Satyam Computer (Q, N,C,F)* Services met for the second time on Saturday (Jan. 17) to discuss the immediate action plans for

19-Jan-09

Now, a software to make you beautiful!

Zee News, India

London, Jan 18: “Mirror, mirror on the wall, who's the fairest one of all," asks the wicked stepmother in Snow White and the Seven Dwarfs. ...

19-Jan-09

Zerion Software releases iGravy - Forte into the “Branded App” genre

TechWhack (press release), India

Zerion Software has released iGravy for iPhone. iGravy coincides with the release of the movie Notorious, a biographical film about Notorious BIG and his ...

19-Jan-09

State Farm Insurance terminates Satyam contract

Reuters India, India

MUMBAI, Jan 19 (Reuters) - US-based insurer State Farm Insurance Co has terminated its contract with fraud-hit Satyam Computer Services Ltd (SATY.

19-Jan-09

Domestic payment delays is TCS’ main worry

Sify, India

Mumbai: What is the biggest issue facing the domestic business of Tata Consultancy Services (TCS)? Pat comes the reply from its chief: “Getting payments on

19-Jan-09

BPO employee held for siphoning off funds

Sify, India

Noida: A 30-year-old employee of a leading BPO firm here was arrested on Saturday for diverting funds into accounts he had opened in Britain under false ...

19-Jan-09

Polaris Software Streamlines Global Network With Verizon Business

IT News Online, India

SINGAPORE and MUMBAI, IndiaJan. 18 /PRNewswire/Polaris Software Lab, one of India's leading IT services companies, has selected Verizon Business to .

19-Jan-09

Cyber cafes boom on Satyam woes

Siasat Daily, India

Hyderabad, January 18: If the ongoing Satyam saga is adding to its employees' woes day after day, one particular industry seems to be benefiting from it all

19-Jan-09

Satyam episode blot on India's corporate image: PM

Siliconindia.com, India

By IANS Mumbai: The Rs.70 billion ($1.43 billion) financial scam in Satyam Computer Services is a "blot" on corporate India's image, and the government was

19-Jan-09

A month after Satyam's Maytas fiasco, board minutes surface

Siliconindia.com, India

By IANS Hyderabad: A month after Satyam Computer Services founder B. Ramalinga Raju's aborted bid to buy two firms promoted by his sons, minutes of the

19-Jan-09

Satyam's Raju brothers, former CFO in police custody for four days

Siliconindia.com, India

By IANS Hyderabad: Disgraced Satyam Computer Services founder B. Ramalinga Raju, his brother B. Rama Raju and the IT major's former chief financial officer .

19-Jan-09

Asks Corporate India to invest in State, ESSAR Group announces 2 ...

News Agency of Kashmir, India

Press Release/MUMBAI, Jan 17(NAK): The Chief Minister, Omar Abdullah has asked the corporate houses to turn their attention towards Jammu and Kashmir

19-Jan-09

Satyam fallout: Auditors move from fault finding to fraud finding

MSN India, India

Mumbai: The Satyam scam is prompting auditors to take up courses in ‘fraud detection’ instead of remaining confined to ‘fault finding from books of

19-Jan-09

Domestic payment delays is TCS’ main worry

Sify, India

Mumbai: What is the biggest issue facing the domestic business of Tata Consultancy Services (TCS)? Pat comes the reply from its chief: “Getting payments on

19-Jan-09

BPO employee held for siphoning off funds

Sify, India

Noida: A 30-year-old employee of a leading BPO firm here was arrested on Saturday for diverting funds into accounts he had opened in Britain under false ...

19-Jan-09

Polaris Software Streamlines Global Network With Verizon Business

IT News Online, India

SINGAPORE and MUMBAI, IndiaJan. 18 /PRNewswire/Polaris Software Lab, one of India's leading IT services companies, has selected Verizon Business to

19-Jan-09

Cyber cafes boom on Satyam woes

Siasat Daily, India

Hyderabad, January 18: If the ongoing Satyam saga is adding to its employees' woes day after day, one particular industry seems to be benefiting from it all

19-Jan-09

Satyam episode blot on India's corporate image: PM

Siliconindia.com, India

By IANS Mumbai: The Rs.70 billion ($1.43 billion) financial scam in Satyam Computer Services is a "blot" on corporate India's image, and the government was .

19-Jan-09

A month after Satyam's Maytas fiasco, board minutes surface

Siliconindia.com, India

By IANS Hyderabad: A month after Satyam Computer Services founder B. Ramalinga Raju's aborted bid to buy two firms promoted by his sons, minutes of the ..

19-Jan-09

Satyam's Raju brothers, former CFO in police custody for four days

Siliconindia.com, India

By IANS Hyderabad: Disgraced Satyam Computer Services founder B. Ramalinga Raju, his brother B. Rama Raju and the IT major's former chief financial officer

19-Jan-09

Asks Corporate India to invest in State, ESSAR Group announces 2 ...

News Agency of Kashmir, India 

Press Release/MUMBAI, Jan 17(NAK): The Chief Minister, Omar Abdullah has asked the corporate houses to turn their attention towards Jammu and Kashmir

19-Jan-09

Satyam fallout: Auditors move from fault finding to fraud finding

MSN India, India

Mumbai: The Satyam scam is prompting auditors to take up courses in ‘fraud detection’ instead of remaining confined to ‘fault finding from books of ..

19-Jan-09

State Farm Insurance terminates Satyam contract

Reuters India, India

MUMBAI (Reuters) - US-based insurer State Farm Insurance Co has terminated its contract with fraud-hit Satyam Computer Services Ltd, a spokeswoman for the ..

19-Jan-09

Domestic payment delays is TCS’ main worry

Sify, India

Mumbai: What is the biggest issue facing the domestic business of Tata Consultancy Services (TCS)? Pat comes the reply from its chief: “Getting payments on

19-Jan-09

Polaris Software Streamlines Global Network With Verizon Business

IT News Online, India

SINGAPORE and MUMBAI, IndiaJan. 18 /PRNewswire/Polaris Software Lab, one of India's leading IT services companies, has selected Verizon Business to

19-Jan-09

Cyber cafes boom on Satyam woes

Siasat Daily, India

Hyderabad, January 18: If the ongoing Satyam saga is adding to its employees' woes day after day, one particular industry seems to be benefiting from it all ...

19-Jan-09

Stealing And Transferring Your All Money: SATYAM

Herald Publications, India

PTI Satyam Computer founder B Ramalinga Raju may have left the company after disclosing India’s biggest ever corporate fraud, leaving thousands of employees ...

19-Jan-09

Satyam episode blot on India's corporate image: PM

Siliconindia.com, India

By IANS Mumbai: The Rs.70 billion ($1.43 billion) financial scam in Satyam Computer Services is a "blot" on corporate India's image, and the government was

19-Jan-09

A month after Satyam's Maytas fiasco, board minutes surface

Siliconindia.com, India

By IANS Hyderabad: A month after Satyam Computer Services founder B. Ramalinga Raju's aborted bid to buy two firms promoted by his sons, minutes of the

19-Jan-09

Satyam's Raju brothers, former CFO in police custody for four days

Siliconindia.com, India

By IANS Hyderabad: Disgraced Satyam Computer Services founder B. Ramalinga Raju, his brother B. Rama Raju and the IT major's former chief financial officer ...

19-Jan-09

Asks Corporate India to invest in State, ESSAR Group announces 2 ...

News Agency of Kashmir, India

Press Release/MUMBAI, Jan 17(NAK): The Chief Minister, Omar Abdullah has asked the corporate houses to turn their attention towards Jammu and Kashmir

19-Jan-09

Satyam fallout: Auditors move from fault finding to fraud finding

MSN India, India

Mumbai: The Satyam scam is prompting auditors to take up courses in ‘fraud detection’ instead of remaining confined to ‘fault finding from books of

20-Jan-09

Ruias keen to buy Satyam's BPO business

Economic Times, India

KOLKATA: Aegis BPO, the Essar group company keen on acquiring the BPO business of Satyam Computer Services, has highlighted “operational synergies” between

20-Jan-09

Nomura to advise L&T on Satyam deal

Economic Times, India

MUMBAI: Larsen & Toubro (L&T) is learnt to have appointed Japanese financial services firm Nomura to advise it on a possible deal with Satyam, according to ...

20-Jan-09

Satyam used Maytas valuation improperly: Ernst & Young

Business Standard, India

Satyam Computer Services improperly used a valuation of Maytas Properties done by Ernst & Young for its merger with the disgraced information technology ...

20-Jan-09

Satyam Board entrusts cash transactions to core group

Hindu, India

HYDERABAD: The new board of Satyam Computer Services has identified a group of people (core group) at the senior management level to handle daily

20-Jan-09

AK Bhattacharya: More Satyam concerns

Business Standard, India

Two contradictory remarks by ministers caused wild fluctuations in Satyam's stock. Why did they make them? On Monday, January 12, a day after the government ...

20-Jan-09

Satyam Computers losing big customers?

Hindu, India

HYDERABAD: At least half a dozen “big customers”, together contributing about 20-25 per cent of the company’s revenues, are on their way out of the .

20-Jan-09

Satyam needs money to pay salaries

Times of India, India

NEW DELHI: Satyam Computer Services Ltd, under investigation for fraud, is in talks with banks to overcome a cash crunch that may leave the software maker ...

20-Jan-09

TCS sees up to 20% cut in IT budgets

NDTV.com, India

PTI Country's largest software exporter Tata Consultancy Services (TCS) today said it expects a five to 20 per cent cut in the IT processes outsourcing ...

20-Jan-09

The inside story of how Satyam scam unfolded

IBNLive.com, India

THE (I)CONS: The CID is questioning Raju brothers and former Satyam CFO Vadlamani Srinivas. ibnlive.com is on mobile now. Read news, watch videos be a ...

20-Jan-09

Satyam auditors not part of PwC

Economic Times, India

HYDERABAD: The two auditors of Satyam Computer Services, appointed by PricewaterhouseCoopers to audit the accounts of the company, were not partners of the ...

20-Jan-09

Ex-Satyam director resigns from Sasken board

Economic Times, India

BANGALORE: Serial entrepreneur and NewPath Ventures co-founder Vinod K Dham resigned from the board of Sasken Communications as an independent director,

20-Jan-09

Vishnu Dussad, CEO, Nucleus Software

Economic Times, India

NEW DELHI: Nucleus Software reported a rise in expenses by 25% whereas its PAT fell 32%, even though the stock rose 2.5% on the back of a rising topline. ...

20-Jan-09

Satyam bank accounts: ‘Attachment’ and release

Hindu Business Line, India

Hyderabad, Jan. 19 The new board of Satyam Computer at its last meeting on Saturday had to spend a large part of the time fire-fighting. ...

20-Jan-09

On the brink, Satyam needs immediate cash to survive

Moneycontrol.com, India

CNBC-TV18 has learnt that while Satyam has managed to pay overseas employees for the month, the next 72 hours are crucial to be able to pay Indian employees ...

20-Jan-09

No plan to bail out Satyam: Nath

The Statesman, India

NEW DELHI, Jan. 19: In what is seen as a clear retraction of his earlier statement that the government might consider financial backing for Satyam Computer ...

20-Jan-09

Satyam withdraws damage suit against Upaid

Business Standard, India

Beleaguered Satyam Computer Services has withdrawn the disparagement case against UK-based mobile solutions firm Upaid. A Satyam spokesperson confirmed that ...

20-Jan-09

Sell TCS, target of Rs 440: Reliance Money

Moneycontrol.com, India

Reliance Money has maintained its sell rating on Tata Consultancy Services (TCS) with a target of Rs 440 in its January 19, 2009 research report. ...

20-Jan-09

New Satyam board's decision awaited on Gujarat project

Economic Times, India

GANDHINAGAR: The Gujarat government is waiting for a decision by the new board of the beleaguered Satyam Computer Services, which had committed to set up a ...

20-Jan-09

Anybody wants to be the Satyam

Express Buzz, India

HYDERABAD: It's been more than a week since the board of directors of Satyam Computer services Ltd., termed the appointment of a new CEO as one of their top ...

20-Jan-09

BPO employee held for cyber fraud

Sify, India

Noida: A 30-year-old employee of a leading BPO firm was arrested for diverting funds into accounts he had opened in Britain under false names, ...

20-Jan-09

Firms lick their lips for Satyam specialists

Indian Express, India

Pune: Contrary to the public perception that Satyam employees are ‘untouchables’, many IT firms are looking at the current imbroglio as an opportunity for ..

20-Jan-09

Satyam land buy hurts DRL

Livemint, India

Hyderabad: Satyam Computer Services Ltd has been linked to another controversy in Andhra Pradesh, as it emerges that one of the firm’s subsidiaries owned ...

20-Jan-09

Safe custody of Satyam audit documents vital

Hindu Business Line, India

The audit documents relating to Satyam Computers would constitute crucial evidence in tracking the manipulation of accounts, but nobody is quite sure who ..

20-Jan-09

Satyam: Obvious caution signs ignored

Hindu Business Line, India

Mumbai, Jan. 19 The steady sale of Satyam Computer shares by the promoters over the last seven years did not ring a warning bell with analysts and investors .

20-Jan-09

Satyam scandal has hit biz sentiment: Citigroup

Indian Express, India

New Delhi: Citigroup said the Satyam scandal has further dented business sentiment in India, which can affect flow of funds from investors in the days ahead

20-Jan-09

Satyam mulls new name to get rid of brand stigma

Indian Express, India

Hyderabad: Satyam Computer Services Ltd is mulling a change of name. The exercise to find a new name has been kicked off in the company as the present name

20-Jan-09

Consultant sees 88% fall in Satyam brand value

Business Standard, India

That the value of brand Satyam would be eroded many times over, following its former Chairman Ramalinga Raju’s admission that he had cooked the company’s

20-Jan-09

Satyam, Sharam, Scandalam

Outlook, India

Satyam's downward spiral is dragging down the reputation of the AP state government and the centre's as well. EAS Sarma, an IAS veteran, who held several

20-Jan-09

GE, Qantas & DuPont to wait before terminating contracts with Satyam

Economic Times, India 

BANGALORE: Top Satyam customers such as GE, Qantas and DuPont will wait for few months before exploring any possibility of terminating their outsourcing .

20-Jan-09

RoC report hints at insider trading in Satyam

Hindu, India

New Delhi (PTI): Satyam promoters and top officials may have indulged in insider trading, according to preliminary investigation into the Rs 7800 crore ..

20-Jan-09

Nucleus Software up 17% on higher revenues

Economic Times, India

MUMBAI: Nucleus Software & Exports gained more than 17% on BSE after reporting a 14% rise in the third quarter revenue. Net profit, however, declined a ...

20-Jan-09

Nucleus Software Exports Q3 net plummets 42%

Myiris.com, India

Nucleus Software Exports announced a substantial drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the

20-Jan-09

Stocks to watch: Satyam, ITC, Mangalam Cement

Economic Times, India

MUMBAI: Stocks are likely to open on a firm note on Monday tracking the near term global trend as Barrack Obama's swearing in as US President is expected to .

20-Jan-09

Open software: Solution for car industry?

EE Times India, India

While the automotive market continues to look for solutions that can close the gap with the much shorter design and replacement cycles of the consumer ...

20-Jan-09

Wipro to offer CUDA software services

EE Times India, India

NVIDIA is working closely with Wipro to provide CUDA professional services to their joint customers worldwide. CUDA, NVIDIA's parallel computing

20-Jan-09

HCL Infosystems Board to consider 2nd Interim Dividend for 2008-09

Equity Bulls, India

HCL Infosystems Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 27, 2009, inter alia, to consider the .

20-Jan-09

Accumulate Nucleus Software, says Chugh

Moneycontrol.com, India

Ashish Chugh, Investment Analyst & Author of Hidden Gems is of the view that one can accumulate Nucleus Software at the current levels and on declines. ...

20-Jan-09

Hold Infosys Technologies: Indiabulls Securities

Moneycontrol.com, India

Indiabulls Securities Research has downgraded its rating on Infosys Technologies to hold in its January 16, 2009 research report. "Infosys’s Q3’09 result

20-Jan-09

Satyam to go ahead with SEZ plans

Myiris.com, India

Satyam Computer Services is not planning to dump its Rs 3.70 billion special economic zone (SEZ) projects and will go ahead with the plans only if required.

20-Jan-09

Satyam Stocks may Attract Investors: Sunil Shah

CXOToday.com, India

By CXOtoday Staff Sunil Shah, (MD) of Evergreen capital advisors, said there are embedded assets in Satyam to attract investors. I am sure there are people

20-Jan-09

Accumulate Nucleus Software, says Chugh

Moneycontrol.com, India

Ashish Chugh, Investment Analyst & Author of Hidden Gems is of the view that one can accumulate Nucleus Software at the current levels and on declines. ...

20-Jan-09

Hold Infosys Technologies: Indiabulls Securities

Moneycontrol.com, India

Indiabulls Securities Research has downgraded its rating on Infosys Technologies to hold in its January 16, 2009 research report. "Infosys’s Q3’09 result

20-Jan-09

Satyam to go ahead with SEZ plans

Myiris.com, India

Satyam Computer Services is not planning to dump its Rs 3.70 billion special economic zone (SEZ) projects and will go ahead with the plans only if required. ..

20-Jan-09

Satyam Stocks may Attract Investors: Sunil Shah

CXOToday.com, India

By CXOtoday Staff Sunil Shah, (MD) of Evergreen capital advisors, said there are embedded assets in Satyam to attract investors. I am sure there are people

20-Jan-09

TCS to announce strategic initiative; stock down

Moneycontrol.com, India

Tata Consultancy Services, TCS has touched an intraday high of Rs 509.50 and an intraday low of Rs 488. At 2:10 pm, the share was quoting at Rs 495.40,

20-Jan-09

Satyam up 4.29% as investors show confidence in new board

Myiris.com, India

The newly constituted board of Satyam Computer (Q, N,C,F)* Services met for the second time on Saturday (Jan. 17) to discuss the immediate action plans for

20-Jan-09

BPO Caretel Announced the achievements of their "Kisan Call Centre ...

India PRwire (press release), India

Inaugurated by Former Prime Minister Shri Atal Bihari Vajpayee on January 21st, 2004, this project undertaken by Caretel Infotech Ltd. has received total ...

20-Jan-09

Cisco appoints HCL as National Distributor for Linksys Products

VARIndia (press release), India

By VARIndia Correspondent Cisco announced the appointment of HCL Infosystems, India's premier information enabling and leading ICT System Integration

20-Jan-09

To Maintain Lead In IT Sector ,Stringent Data Protection Law

EFYTimes (press release), India

Any disruption in the IT and outsourcing industry has the potential to affect employment in the country as it provides direct employment to two million ...

20-Jan-09

House to Investigate VA Software Errors

ITvoir, India

The chairman of the House Veterans Affairs Committee has vowed to investigate claims made in an Associated Press story of software glitches affecting

20-Jan-09

Satyam to appoint bankers to find buyer: report

Reuters India, India

MUMBAI (Reuters) - The new board of fraud-hit Satyam Computer Services Ltd is looking to appoint up to three investment banks to explore the possibility of

20-Jan-09

SAP, IBM to roll out first joint software "Alloy" in March

Reuters India, India

FRANKFURT (Reuters) - IBM, the world's largest technology services company, and German software company SAP AG plan to roll out their first jointly ...

20-Jan-09

Land 'allotted' to Satyam to be handed over to Navy

Economic Times, India

19 Jan 2009, 1459 hrs IST, PTI HYDERABAD: A 50-acre land, "allotted" to Satyam Computers for setting up an IT Park at Kapuluppada village near Visakhapatnam

20-Jan-09

Lead on Satyam: Probe Ministry of Company Affairs!

MSN India, India 

Here's a tip for the Serious Fraud Investigation Office (SFIO): investigate the Ministry of Company Affairs (MCA)! This may sound facetious, but more often .

20-Jan-09

Software major Mindtree Limited posts 16.6 percent growth in Q3

TopNews, India

Bangalore, Jan. 19 : Global IT company Mindtree Limited announced its results today for the third quarter ended December 31, 2008 as approved by its Board ...

20-Jan-09

Infosys finacle develops software for rural banking ops

PunjabNewsline.com, India

NEW DELHI: After consolidating its position in the traditional banking segment, the banking product division of Infosys Technologies, Finacle

20-Jan-09

Reynolds Announces New GM Parts Integration Software for the ERA(R ...

IT News Online, India

DAYTON, Ohio, Jan. 19 /PRNewswire/ -- The Reynolds and Reynolds Company today announced General Motors (GM) has approved its Parts Availability and Parts

20-Jan-09

Live Webinar: Successful Software Rollouts in the Midst of an ...

IT News Online, India

MADISON, Wis., Jan. 19 /PRNewswire-FirstCall/ -- Faced with new employee training and a never-ending pipeline of hardware refreshes and password reset calls ...

20-Jan-09

Mastek Appoints New European Managing Director

Webnewswire.com, India

Mastek, the international software solutions company, has appointed Kees Ten Nijenhuis as Managing Director, Mastek Europe. This is a UK executive board

20-Jan-09

Haier Telecom Finds Red Bend's Mobile Software Management ...

IT News Online, India

BEIJING, Jan. 19 /PRNewswire/ --, the market leader in Mobile Software Management (MSM), announced today that Haier (Qing Dao) Telecom Co., ...

20-Jan-09

Mastek Appoints New European Managing Director

Webnewswire.com, India

Mastek, the international software solutions company, has appointed Kees Ten Nijenhuis as Managing Director, Mastek Europe. This is a UK executive board ...

20-Jan-09

Haier Telecom Finds Red Bend's Mobile Software Management ...

IT News Online, India

BEIJING, Jan. 19 /PRNewswire/ --, the market leader in Mobile Software Management (MSM), announced today that Haier (Qing Dao) Telecom Co., ...

20-Jan-09

A Mobile software by MobiMonster that can reduce the carbon ...

India PRwire (press release), India

A first of it's kind environmentally friendly software monitors key resources on the phone and lets the user take action to preserve battery and electricity ...

20-Jan-09

Fortify Software Ends 2008 With Largest Quarter in Company History

IT News Online, India

SAN MATEO, Calif., Jan. 19 /PRNewswire/ -- Fortify Software, the market leader in Software Security Assurance solutions, announced today that it achieved ...

20-Jan-09

Limit Point Software launches “The Mailings-iForm Promo”

TechWhack (press release), India

Limit Point Software is offering a promotion of its products Mailings and iForm at a 60% discount. Mailings is a full featured application for bulk emailing ...

20-Jan-09

Hyland Software Recognized as a Best Channel Vendor in Business ...

IT News Online, India

CLEVELAND, Jan. 19 /PRNewswire/ -- "We are dedicated to the success of our partners." For Hyland Software, it's more than an empty rallying cry. ...

21-Jan-09

Local touch missing in Satyam board

Times of India, India

HYDERABAD: Scores of people gathered outside the Chanchalguda jail last week to register their support and express solidarity with the Satyam family. ...

21-Jan-09

Satyam BPO on recruitment spree

Times of India, India

HYDERABAD: Even as Satyam Computers received a fresh blow with US-based State Farm Insurance terminating its contract with it, leading to over 400 workers

21-Jan-09

Satyam staff may turn renegades

Economic Times, India

HYDERABAD: This could be a pointer of things to come at Satyam Computer Services . A core team of the software company’s employees based in Singapore is

21-Jan-09

L&T, Essar keen on Satyam

Times of India, India

NEW DELHI: The beleaguered Satyam Computer Services Ltd seems to be finding some suitors. While infrastructure major Larsen and Toubro (L&T) has shown ...

21-Jan-09

Satyam: Investigators look into the role of internal audit team

Economic Times, India

HYDERABAD: A chartered accountant and employee of tainted Satyam Computer Services, VSP Gupta, steered the internal audit team that did preliminary checks

21-Jan-09

TCS inks deal with Ducati

Times of India, India

MUMBAI: Tata Consultancy Services (TCS) has partnered with KPMG Advisory Italy for a multi-million dollar contract from Ducati Motor Holding to deliver ...

21-Jan-09

Inflated cash and bank balances, the most shocking aspect of ...

Hindu, India

Chennai: Could analysts have unearthed the malaise in the reported statements of Satyam? Or, at least, what lessons can they take from this episode and ...

21-Jan-09

Maytas denies receiving funds from Satyam

Hindu, India

Hyderabad (IANS): Maytas Infra on Tuesday denied it received any funds from scam-tainted Satyam Computer Services, and that there was a nexus between the ...

21-Jan-09

US towns, Mexico challenge India's BPO dominance

Economic Times, India

BANGALORE: Falling US wage rates and increased availability of unemployed professionals are helping locations such as Albuquerque, Tulsa and El Paso emerge ...

21-Jan-09

Sebi board to meet tomorrow, Satyam issue may come up

Times of India, India

20 Jan 2009, 2042 hrs IST, PTI MUMBAI: In the backdrop of Satyam debacle raising many burning issues for listed entities, the Sebi board is meeting here ...

21-Jan-09

Satyam probe an eyewash, Raju's questions 'too easy'

IBNLive.com, India

New Delhi: With just two days left for the police custody of Ramalinga Raju to end, Network 18 learns that the CID interrogation of Satyam promoter Raju and ...

21-Jan-09

Satyam recovers from day's low; gains 5 pc on bourses

Hindu, India

Mumbai (PTI): Shares of beleaguered Satyam Computer Services on Tuesday closed with gain over 5 per cent on the bourses after the company said that it is ...

21-Jan-09

Wipro Q3 net profit up 18% YoY

Economic Times, India

MUMBAI: Technology major Wipro reported 3.51 per cent rise in net profit to Rs 1003.90 crore for the Oct-Dec quarter compared with Rs 969.80 crore in the

21-Jan-09

Polaris Software net profit rises 94 percent

Hindu, India

Chennai (IANS): The net profits of Polaris Software rose 94 percent to Rs.371 million for the quarter ended December compared to Rs.191 million in the ...

21-Jan-09

APSACS decides to cut links with Satyam

Times of India, India

HYDERABAD: The Andhra Pradesh State Aids Control Society (APSACS) and the school education department have independently decided to stop funding and

21-Jan-09

'Satyam fiasco will not mar India Inc's image': Sibal

Economic Times, India

NEW DELHI: The Rs.70-billion accounting fraud at Satyam Computer will not mar the image of corporate India abroad, Minister for Science and Technology Kapil ...

21-Jan-09

'ICAI to serve show cause notice to Satyam auditors'

Economic Times, India

20 Jan 2009, 1228 hrs IST, PTI MANGALORE: ICAI central council member K Raju on Tuesday said the apex body of chartered accountants has decided to serve a ...

21-Jan-09

Independent directors should have a greater say: Infosys official

Hindu, India

Mumbai (PTI): The Satyam Computer scam has highlighted the need for more powers for independent directors and reforming internal auditing standards,

21-Jan-09

Genpact explores Satyam's business buyout

Economic Times, India

MUMBAI: The NYSE-listed top BPO player, Genpact, is learnt to be exploring the possibility of acquiring Satyam’s business and is discussing the matter

21-Jan-09

Will Satyam be bought over?

NDTV.com, India

Even as investigations in the Satyam saga continue, efforts may be on to sell Satyam either as a whole or in bits and pieces. But are buyers interested and

21-Jan-09

Satyam scam: Court orders CID probe into allegations

Expressindia.com, India

Ahmedabad The state CID has been asked to enquire into the allegations made by Naresh Panchal, a member of the All Gujarat Investors’ Protection Trust, ...

21-Jan-09

Satyam hits land rights

Calcutta Telegraph, India

The state government today put land and water allotment on hold for the proposed thermal power plant promoted by KVK Nilachal Power Private Limited,

21-Jan-09

Wipro Q3 net profit at Rs 1003.9 cr

Moneycontrol.com, India

Wipro has announced its third quarter numbers. Its Q3 (Indian GAAP)consolidated net profit went up at Rs 1003.9 crore as against Rs 969.8 crore on QoQ basis .

21-Jan-09

‘Save Satyam’ banners spring up in city

Express Buzz, India

CHENNAI: Banners have sprung up in the city and new websites have come up with the avowed intention of saving the Satyam Computers and its 50000-plus

21-Jan-09

Satyam shareholders to decide endgame: Raman Roy

Moneycontrol.com, India

Raman Roy, Chairman and MD, Quatrro BPO Solutions, said he has not been approached to take up the post of Satyam's CEO. He further clarified that he has not

21-Jan-09

Satyam's bank deposits at Rs 150cr: FinMin Sources

Moneycontrol.com, India

Finance Ministry sources have told CNBC-TV18 that Satyam does not have more than Rs 150 crore worth deposits with banks. According to Finance Ministry

21-Jan-09

TCS to freeze lateral hiring

Business Standard, India 

Tata Consultancy Services (TCS), the country’s largest IT services provider, has plans to freeze its lateral hiring, or recruitment of experienced hands. ...

21-Jan-09

AWR buys simulation software company

EE Times India, India

Design software specialist AWR has acquired, for an undisclosed sum, Simulation Technology and Applied Research, Inc. (STAAR), which focuses on RF and ...

21-Jan-09

Maytas Infra refutes any connection with Satyam

Myiris.com, India

Maytas Infra disagreed that it has any connection with Satyam, a day after corporate affairs minister said the investigations into Satyam hoax had hinted

21-Jan-09

AWR buys simulation software company

EE Times India, India

Design software specialist AWR has acquired, for an undisclosed sum, Simulation Technology and Applied Research, Inc. (STAAR), which focuses on RF and ...

21-Jan-09

Maytas Infra refutes any connection with Satyam

Myiris.com, India

Maytas Infra disagreed that it has any connection with Satyam, a day after corporate affairs minister said the investigations into Satyam hoax had hinted

21-Jan-09

Datawind Rolls Out PocketSurfer2, Appoints HCL as ND

CRN, India

Datawind, a provider of wireless web access products and services, has unveiled the PocketSurfer2 in India. It has also appointed HCL Infosystems as the ...

21-Jan-09

Satyam unlikely to find suitable buyer soon

Economic Times, India

MUMBAI: Market participants and business consultants are not very hopeful of the fraud-tainted Satyam Computers finding a suitable buyer any time soon.

21-Jan-09

Polaris Software Board declares interim dividend of 30%

Equity Bulls, India

Polaris Software Lab Ltd has announced that the Board of Directors of the Company at its meeting held on January 20, 2009, inter alia, have recommended an ...

21-Jan-09

Is there no way to prevent a fiasco like Satyam's?

India Today, India

Slumdog Millionaire star Freida Pinto has once again raised the issue of Bollywood’s seamier side. A UK-based paper Daily Star reported that Freida rejected

21-Jan-09

RoC report hints at insider trading in Satyam

India Today, India

PTI Satyam promoters and top officials may have indulged in insider trading, according to preliminary investigation into the Rs 7800 crore fraud in the .

21-Jan-09

Satyam faked employee numbers

IT Examiner, India

By Nick Farrell @ Tuesday, January 20, 2009 6:16 AM Police investigating Satyam Computer Services have confirmed the outsourcing giant was a lot smaller

21-Jan-09

'CLEaRS' - a revolutionary interactive software to help students ...

India PRwire (press release), India

'CLEaRS' (acronym for Computerized Learning, Evaluation and Review System), a revolutionary interactive software launched. CLEaRS is the world's first and ...

21-Jan-09

SCI extends stainless steel design software

SteelGuru, India

It is reported that SCI, the leading, independent provider and disseminator of best practice to the steel construction sector, is to add Montanstahl's range ...

21-Jan-09

Foxit Software Delivers Foxit Reader 1.0 Beta for Desktop Linux

PressReleasePoint (press release), India

Fremont, Calif. – Jan. 20, 2009 - Foxit Software Company is announcing the availability of its Foxit Reader 1.0 Beta for Desktop Linux. ...

21-Jan-09

Wipro Q3 net up 8.7 pct; meets forecast

Reuters India, India

BANGALORE (Reuters) - Wipro Ltd, India's No. 3 software services exporter, reported an 8.7 percent rise in quarterly profit, meeting market expectations,

21-Jan-09

India's Wipro exec sees no impact from Satyam fraud

Reuters India, India

BANGALORE, Jan 21 (Reuters) - Wipro Ltd (WIPR.BO: Quote, Profile, Research), India's No. 3 software services exporter, sees no pressure on business because

21-Jan-09

After Satyam, Educomp fudged accounts?

Rediff, India

Amid reports that education-focused IT firm Educomp too fudged accounts just like Satyam [Get Quote] Computer did to inflate stock prices, the government on .

21-Jan-09

Stocks seen lower on weak global cues; Wipro in focus

Economic Times, India

MUMBAI: Stocks are headed for a weak opening on Wednesday tracking negative cues from global shores triggered by fresh concerns that the global banking

21-Jan-09

Infosys Deploys Web Based Content System for United Stationers

Network Computing, India

Infosys Technologies has recently announced that it has implemented a centrally-managed electronic catalog system for United Stationers Supply one of North

21-Jan-09

SAP, IBM to roll out first joint software "Alloy" in March

TopNews, India

http://topnews.in/files/SAP_logo.gif " alt="SAP, IBM to roll out first joint software "Alloy" in March" title="SAP, IBM to roll out first joint software ...

21-Jan-09

Zerion Software releases iPhone Data Collection app for the ...

TechWhack (press release), India

Zerion Software today announced Inauguration Report. Inauguration report lets users send personalized ‘reports’ about the inauguration, and share it online ...

21-Jan-09

BPO employee held for siphoning off Rs.4 Million

Siliconindia.com, India

By IANS Noida: A 30-year-old employee of a leading BPO firm here was arrested Saturday for diverting funds into accounts he had opened in Britain under ...

21-Jan-09

After Satyam, Educomp fudged accounts?

Rediff, India

Amid reports that education-focused IT firm Educomp too fudged accounts just like Satyam [Get Quote] Computer did to inflate stock prices, the government on

21-Jan-09

Satyam may have inflated employee count

Times of India, India

HYDERABAD: Satyam Computer’s global employee count and the string of acquisitions it made overseas in the past few years are being scrutinized by ...

22-Jan-09

We created 10K fake jobs: Satyam’s CFO

Economic Times, India

HYDERABAD /MUMBAI : Satyam Computer Services’ Chief Financial Officer Srinivas Vadlamani has given a new turn to ongoing investigations by confessing to ...

22-Jan-09

Satyam saga gets murkier

Times of India, India

HYDERABAD: The Satyam scam is getting murkier as it is leading to a trail of huge land deals. The CID raided the office of the SRSR Advisory Services ...

22-Jan-09

Quatrro too in race for Satyam’s BPO arm

Economic Times, India

NEW DELHI: Quatrro BPO Solutions has joined the race for Satyam Computer Services’ BPO arm. The Raman Roy-led BPO company has started discussions with ...

22-Jan-09

Govt. not selling Satyam: PC Gupta

Economic Times, India

NEW DELHI: Minister of Company Affairs Prem Chand Gupta on Wednesday said that there was no government move to sell IT company Satyam Computers. ...

22-Jan-09

General Atlantic, Patni may join hands for Satyam bid

Economic Times, India

MUMBAI: Texas Pacific Group and General Atlantic (GA), among other private equity funds, are looking to team up with Indian IT companies to acquire the

22-Jan-09

Wipro Q3 profit exceeds Rs. 1000 cr.

Hindu, India

TOUGH TIME: Azim Premji (right), Chairman, Suresh Senapaty (centre), CFO and Suresh Vaswani, Joint CEO, Wipro, at a press conference in Bangalore on ...

22-Jan-09

Wipro goes slow on IT hiring

Economic Times, India

BANGALORE: For the second time in the past nine months, more people have left Wipro Technologies compared to those who joined its IT/BPO services businesses ...

22-Jan-09

Satyam effect: Sebi may face CAG audit

Times of India, India

NEW DELHI: The performance of Security and Exchange Board of India (Sebi) and other regulators such as Insurance Regulatory Development Authority (IRDA) may

22-Jan-09

Parliamentary panel to look into Satyam case

Times of India, India

NEW DELHI: The parliamentary standing committee on finance, headed by BJP MP Ananth Kumar, has decided to examine the Satyam fraud case. ...

22-Jan-09

Satyam receives notice from two customers on deal termination

Economic Times, India

21 Jan 2009, 1754 hrs IST, PTI NEW DELHI: Dealing a blow to its revival plans, the beleaguered Satyam Computer has got notice from two large customers for a ...

22-Jan-09

Micro Focus to launch training prog to push software applications

Economic Times, India

CHENNAI: Micro Focus, a UK-based ISV (independent software vendor) for COBOL applications, utilising the cost cutting wave among Indian IT companies, ...

22-Jan-09

Nail the Thief Game: Throw Eggs on Satyam's Raju

Techtree.com, India

If you're very angry with Satyam's Raju, here's your chance to throw eggs at him -- virtually, of course. Off late, the Satyam scam is helping mushroom .

22-Jan-09

Retail investors picked up most shares sold by Satyam promoters

Hindu Business Line, India

Kolkata, Jan. 21 Retail investors picked up most of the shares of Satyam Computer that the promoters offloaded, according to the latest shareholding data .

22-Jan-09

SEBI wakes up after Satyam, to keep an eye on India Inc

IBNLive.com, India

New Delhi: After the SEBI board met early on Wednesday morning, its Chairman CB Bhave made a series of announcements in the evening. ...

22-Jan-09

Wipro discloses cash reserves too

Times of India, India

BANGALORE: The Satyam cash scam has persuaded Wipro too to disclose its cash reserve details. The company has a cash reserve of Rs 5855 crore, deposited in

22-Jan-09

BSE Sensex drops 3.5 pct; financials, Wipro fall

Reuters India, India

By Prashant Mehra MUMBAI (Reuters) - The BSE Sensex fell 3.5 percent on Wednesday to their lowest close in seven weeks as investors cut positions ahead of ...

22-Jan-09

BPO sector awaits the Obama call

Economic Times, India

NEW DELHI: Over the past decade, the $800-bn global technology services sourcing business has found new destinations, India being the largest. ...

22-Jan-09

Stocks open gap-down; Wipro drops 5%

Economic Times, India

MUMBAI: Indian stocks opened sharply lower tracking the weakness across global markets. Banks and metals were badly hit. Wipro shares dropped 5 per cent at ...

22-Jan-09

India's Larsen frontrunner for Satyam - papers

Reuters India, India

MUMBAI, Jan 22 (Reuters) - Indian engineering and construction firm Larsen & Toubro Ltd (LART.BO: Quote, Profile, Research) was likely to present a revival

22-Jan-09

Jubilant develops software to speed up drug discovery

Business Standard, India

Jubilant Biosys, a subsidiary of Jubilant Organosys, has developed a next generation screening solution, a software branded as Legend NGSS, to acceperate ...

22-Jan-09

Satyam inside-out story being sold for $499

Livemint, India

PTI New Delhi: There seems to be a business opportunity in every crisis and the same is the case with Satyam, with a “detailed situation analysis” of the

22-Jan-09

Cool heads needed at Satyam

Sify, India

The Government-appointed six-member board at Satyam Computer Services is off to a reassuring start by inducting reputed Indian firms as auditors and legal ...

22-Jan-09

BSE Sensex set to drop, Wipro in focus

Reuters India, India

MUMBAI (Reuters) – The BSE Sensex is expected to extend losses into a second day on Wednesday, as a fragile world economy dents investor appetite for risky

22-Jan-09

Two Satyam clients walk: How easy is migration?

Moneycontrol.com, India

Since the Satyam scam came to light, there has been much speculation about Satyam's clients moving their accounts to other IT companies.

22-Jan-09

Wipro dips 5% on earnings impact

Hindu Business Line, India

MUMBAI: Software major Wipro on Wednesday dipped over five per cent in morning trade on the Bombay Stock Exchange after the company's third quarter earnings .

22-Jan-09

Stocks to watch: Wipro, L&T, Radico Khaitan, RPL

Economic Times, India

MUMBAI: Stocks are headed for a weak opening on Wednesday tracking negative cues from global shores triggered by fresh concerns that the global banking

22-Jan-09

BPO staffer found dead, drug overdose suspected

Times of India, India

Bangalore: A BPO company employee was found dead in the washroom of a convention hall on Wednesday and the cause of death is suspected to be an overdose of ...

22-Jan-09

Satyam saga raises questions on number of 'tainted' cos: Fitch

Indopia, India

New Delhi, Jan 21 Global credit rating agency Fitch today said the Satyam debacle has raised the issue of veracity of reported numbers of Indian

22-Jan-09

Wipro shies away from World Bank queries

IT Examiner, India

By Akanksha Prasad @ Wednesday, January 21, 2009 9:15 AM Wipro refused to comment on its dealings with the World Bank at its media briefing announcing Q3

22-Jan-09

Sify's IT Makeover

CXOToday.com, India

By Muntazir Abbas Sify Technologies is among the largest managed enterprise and consumer Internet services companies in India, offering end-to-end solutions

22-Jan-09

See 30-35% growth in FY10 profits: Polaris Software

Moneycontrol.com, India

Polaris Software Lab's Q3 FY09 net profit stood at Rs 37.2 crore as compared to Rs 34.4 crore quarter-on-quarter. The company's revenues came in at Rs 372.5 ...

22-Jan-09

Analysts' Picks: TCS, Infosys, SAIL

Economic Times, India

Ambit Capital has maintained a ‘sell’ rating on TCS after it reported a revenue degrowth across verticals such as BFSI, manufacturing, telecom,

22-Jan-09

Brics Securities maintains 'underweight' rating on Infosys

Economic Times, India

Brics Securities has maintained an 'underweight' rating on Infosys Technologies, adding "it's not worth the risk" investing in company. .

22-Jan-09

APSACS decides to cut links with Satyam

Siasat Daily, India

Hyderabad, January 21: The Andhra Pradesh State Aids Control Society (APSACS) and the school education department have independently decided to stop funding ..

22-Jan-09

Polaris, HCL up on dividend record date

Economic Times, India

MUMBAI: Polaris Software Lab and HCL Infosystems gained after announcing the record date for dividend payment. At 11 am, Polaris gained 2.82% to trade at Rs .

22-Jan-09

Wipro to defer joining of fresh recruits to next year

Moneycontrol.com, India

Here’s some not-so-good news for aspiring IT professionals. CNBC-TV18’s Vineetha Athrey reports that Wipro plans to defer joining dates of new campus

22-Jan-09

BNP Paribas rates Rolta 'buy', Brics 'underweight' on Infosys

Economic Times, India

MUMBAI: BNP Paribas has assigned a 'buy' rating to Rolta Ltd keeping in view the company's niche market leadership, defensive end market exposure,

22-Jan-09

Wipro board allots equity shares

Myiris.com, India

Wipro has resolved to issue and allot 78062 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees under restricted

22-Jan-09

India's BPO Dominance Challenged By US Towns, Mexico

EFYTimes (press release), India

Due to Economic slowdown & fall in the US wage rate, unemployed professionals are ready to emerge as competition & challenge the dominance that India enjoys ...

22-Jan-09

Firehole Unveils Helius:MCT, a Breakthrough in Composite Analysis ...

CAD CAM News (press release), India

LARAMIE, Wyo : Firehole Technologies Inc. (www.fireholetech.com), a leader in the development of analysis software for advanced composite structures, ...

22-Jan-09

Rs 450-cr investment hits Satyam roadblock

Express Buzz, India

BANGALORE: It is becoming increasingly evident that the Satyam fraud coupled with global recession has put a question mark on the Bangalore IT sector’s .

22-Jan-09

Stay away from Satyam, says Mathew

Moneycontrol.com, India

Technical Analyst, E Mathew is of the view that traders should stay away from Satyam Computer. Mathew told CNBC-TV18, "Satyam has become a speculators

22-Jan-09

Stocks to watch: L&T, TCS, UCO Bank...

Myiris.com, India

Due to drop in sales of commercial vehicles, Tata Motors is likely to end 2008-09 with around Rs 5 billion less cash. Shares of the company declined Rs 4.45

22-Jan-09

Infosys helps United Stationers enhance customer experience

VARIndia (press release), India

By VARIndia Correspondent Infosys Technologies has worked with United Stationers Supply Co., North America’s largest broadline wholesale distributor of .

22-Jan-09

Wipro standalone net slips 8.84% in Dec. `08 qtr

Myiris.com, India

Wipro disclosed a marginal decline in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined

22-Jan-09

Polaris Software gains 4.28% on better result

Myiris.com, India

During the quarter ended Dec. 2008, the profit of the company rose 99.68% to Rs 268.77 million from Rs 134.60 million in the same quarter, last year. ...

22-Jan-09

Announcing SoftNVR, Moxa's advanced 64-channel IP surveillance ...

PressReleasePoint (press release), India

Taipei, Taiwan, January 16, 2009—Moxa today unveiled a powerful NVR based IP surveillance software, SoftNVR, which can manage up to 64 channels of video ...

22-Jan-09

Satyam Computer gains further ground

Myiris.com, India

The scrip has touched an intra-day high of Rs 29.15 and low of Rs 25.00. The total volume of shares traded at the BSE is 11535291. In the earlier session, ...

22-Jan-09

TCS bags multi-million Ducati deal

ITvoir, India

Tata Consultancy Services, India's No 1 software exporter, today said its has signed a multi million dollar, multi-year agreement with Italy-based Ducati

22-Jan-09

Wipro net profit up 18 percent in third quarter

Newstrack India, India

Bangalore, Jan 21 (IANS) Wipro Ltd has posted a net profit of Rs.10.04 billion (Rs.1004 crore/$204 million) for the third quarter (October-December) of this

22-Jan-09

Indian shares open down 2.2 pct, Wipro falls

Reuters India, India

MUMBAI, Jan 21 (Reuters) - Indian shares started 2.2 percent lower on Wednesday, extending losses to the second day on worries a fragile world economy could

22-Jan-09

Cigna puts Satyam on notice

Siasat Daily, India

Hyderabad, January 21: The worst nightmare for Satyam Computers employees has started unfolding. Barely two days after State Farm Insurance announced its

22-Jan-09

TCS named technology partner of Ducati Motor

VARIndia (press release), India

By VARIndia Correspondent Tata Consultancy Services (TCS) announced that it has been named Technology Partner of Ducati Motor Holding Spa,

22-Jan-09

Former Satyam Board members asked to furnish asset details

All India Radio, India

The Minister of Corporate Affairs, Mr. Prem Chand Gupta has said that Satyam's founder Mr. Ramalinga Raju, Mr. B Rama Raju, Mr. Ram Mynampati, Mr. Vadlamani .

22-Jan-09

Five9 On-Demand Call Center Software named 2008 Call Center Suite ...

PressReleasePoint (press release), India

PLEASANTON, Calif. – January 21st, 2009 –Five9 announced today that the Five9 Virtual Call Center Suite has received a 2008 Call Center Suite “Product of ...

22-Jan-09

NetMotion Wireless Expands into Europe with Mobile Productivity ...

Merinews, India

NetMotion Wireless, a leading provider of mobile productivity and management software, today announced that the company has expanded into Europe with new ...

22-Jan-09

MadCap Software Wins Red Herring 100 Global Company Award

IT News Online, India 

LA JOLLA, Calif., Jan. 21 /PRNewswire/ -- , the leader in multi-channel content authoring and a showcase company for Microsoft Visual Studio 2005 and

22-Jan-09

Craig Gillespie Assumes the Role of CEO for Manhattan Software, Inc.

IT News Online, India

BOSTON, Jan. 21 /PRNewswire/ -- Manhattan Software has announced today that Craig Gillespie will be the new Chief Executive Officer for the company. ...

22-Jan-09

Video Co-Development Kit Converts Software to Xilinx FPGAs in ...

IT News Online, India

KIRKLAND, Wash., Jan. 21 /PRNewswire/ -- Impulse Accelerated Technologies today announced availability of a Video Processing Developer's Kit for rapid

22-Jan-09

Canon USA Recognizes MTS Software Solutions as Their Largest IFS ...

IT News Online, India

MT. LAUREL, NJ, Jan. 21 /PRNewswire/ -- MTS Software Solutions (MTS) and their operating units AMI Imaging, Mt. Laurel, NJ, and PMI Imaging Systems,

22-Jan-09

Oz bank may have to write off losses incurred from Satyam fraud

TopNews, India

Melbourne, Jan. 21 : The National Australia Bank (NAB) could be forced to write off millions of dollars invested in its off-shoring program as a result of .

23-Jan-09

Goldman leads race for Satyam’s i-banking job

Economic Times, India

HYDERABAD/MUMBAI: Goldman Sachs has emerged as the front-runner in the race for an investment banker for Satyam Computer as the new board gears up to rope ...

23-Jan-09

Satyam woes trigger formation of staff union

Times of India, India

HYDERABAD: Vexed with the management and scared of their future, Satyam employees have joined a group of disgruntled corporate employees and formed a union ...

23-Jan-09

Parekh may lead Satyam board

Economic Times, India

NEW DELHI: HDFC chairman and CEO Deepak Parekh is likely to head the Satyam Board. The government-appointed board is now functioning without a chairman. ...

23-Jan-09

Satyam Saga: What about India Inc's corporate governance?

Economic Times, India

If you spend days diving into annual reports while researching Indian boards and corporate governance standards, here are some questions you are bound to ...

23-Jan-09

Front cos advanced Rs. 1230 cr to Satyam

Hindu, India

HYDERABAD: The roots of the fraud committed by B. Ramalinga Raju, former Chairman of Satyam Computers, appear to be much deeper than what he initially ...

23-Jan-09

Wipro has Rs 5831-cr liquid investments

Hindu Business Line, India

Bangalore, Jan. 22 Wipro Ltd has liquid investments to the tune of Rs 5830.6 crore at the end of the December quarter, parked in various instruments such as ...

23-Jan-09

Stocks to watch: L&T, Patni, RIL, Bharti, Pantaloon

Economic Times, India

MUMBAI: Stocks are likely to remain rangebound on Thursday as Asia paints a mixed picture. Stock specific action is likely with a host of corporate biggies ...

23-Jan-09

Wipro expects involuntary attrition to continue

Business Standard, India

Involuntary attrition at Wipro, which peaked in the second quarter of FY09, is expected to continue at least for another two quarters, according to the

23-Jan-09

Andhra not to cancel land allotted to Satyam SEZ

Business Standard, India

The Andhra government has clarified that it is not cancelling the land allotted to Satyam Computer Services Ltd for the proposed special economic zone (SEZ) ...

23-Jan-09

iGate eyes taking over parts of Satyam

Hindu Business Line, India

iGATE Inc is in the fray to take over parts of the beleaguered Satyam Computer Services. Speaking to Business Line, Mr Phaneesh Murthy, CEO, iGATE, said

23-Jan-09

Satyam eyes funding; L&T says no rescue offered

Reuters India, India

HYDERABAD (Reuters) - Engineering and construction firm Larsen & Toubro Ltd denied media reports on Thursday it would put a revival plan to the board of ...

23-Jan-09

Andhra not to cancel land allotted to Satyam SEZ

Business Standard, India

The Andhra government has clarified that it is not cancelling the land allotted to Satyam Computer Services Ltd for the proposed special economic zone (SEZ) ...

23-Jan-09

Satyam can be revived, says LIC

The Statesman, India

PTI NEW DELHI, Jan. 22: Keeping an eye on engineering giant L&T's moves on the Satyam front, government-run life insurance major LIC, which has equity ...

23-Jan-09

Buy Wipro, target of Rs 281: Angel

Moneycontrol.com, India

Angel Broking has maintained its buy rating on Wipro with a target price of Rs 281 in its January 21, 2009 research report. "In 3QFY2009, Wipro recorded a .

23-Jan-09

Satyam customers approach Infotech

Moneycontrol.com, India

Infotech Enterprises Ltd, a leading engineering design services and GIS player in India, has admitted that a few customers of Satyam Computer Services had .

23-Jan-09

Sebi probe reveals crucial facts on Satyam scam

Moneycontrol.com, India

The Securities and Exchange Board of India ’s probe into Satyam Computer Services has revealed two crucial facts. Here is a verbatim transcript of Vivek ...

23-Jan-09

Satyam fraud : Close scrutiny gives grim picture

Economic Times, India

From Overseas, the Satyam Computer Services scandal looks a lot like Enron, at least that’s what our news articles and editorials have been telling us for

23-Jan-09

Did World Bank go wrong in banning Wipro

Economic Times, India

Media preoccupation with Satyam has let another scandal this month escape close scrutiny. The players in this scandal are Wipro and the World Bank

23-Jan-09

Nomination of Kris Gopalakrishnan as Infosys CEO

Economic Times, India

When Nandan Nilekani informed the Board of his decision not to continue as the CEO of the Company, in 2007, The nomination committee launched an extensive .

23-Jan-09

Will IT companies gain from Satyam mess?

Economic Times, India

BANGALORE: Will multinational technology vendors in India be the biggest gainers from the Satyam scam? Some think that the likes of IBM, Accenture and .

23-Jan-09

Satyam hearing, board meet scheduled today

Moneycontrol.com, India

Will Reliance’s numbers be the deciding factor for the market in the near-term? Two major events are lined up for the day with regard to the Satyam scam. ..

23-Jan-09

Satyam may continue to edge up

Moneycontrol.com, India

Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also see the accompanying video. A lot of the punters basically want something ..

23-Jan-09

Minister denies govt trying to avert Satyam sell off

IBNLive.com, India

HARD TIMES: The company is battling a monetary crunch as its account books are being scrutinised. ibnlive.com is on mobile now. Read news, watch videos be a

23-Jan-09

Goldman tipped to advise Satyam

Calcutta Telegraph, India

Mumbai/Hyderabad Jan. 22: The six-member board of Satyam Computer Services has made up its mind to appoint Goldman Sachs as the adviser.

23-Jan-09

Satyam BPO in great demand

Express Buzz, India

HYDERABAD: There are more suitors for Satyam BPO - earlier Nipuna Services - than its parent company Satyam Computer Services Ltd. Or so it seems.

23-Jan-09

BJP demands independent probe into Satyam scam

Press Trust of India, India 

New Delhi, Jan 22 (PTI) The BJP today demanded a comprehensive independent probe into the Satyam scam as it felt that the inquiry of Andhra Pradesh CB-CID ...

23-Jan-09

Nilekani sees silver lining in Satyam fallout

Rediff, India

With the Rs 7800-crore (Rs 78 billion) fraud at Satyam [Get Quote] Computer leaving India's IT sector gasping for breath, Infosys [Get Quote] chairman .

23-Jan-09

Multiple simultaneous probes into Satyam not desirable: BSE

Hindu Business Line, India

KOLKATA: Simultaneous investigation by several agencies and regulators in the scam struck Satyam Computers may not be the most appropriate way to dig out ...

23-Jan-09

Satyam fiasco like Mumbai terror hit; difficult to stop: LIC

Hindu, India

New Delhi (PTI): The Satyam scam was so sudden and severe that even the best brains could not have stopped it, just like the terror attacks in Mumbai,

23-Jan-09

Software giant Microsoft to cut 5000 jobs, cites slowing economy

Khabrein.info, India

WASHINGTON, Jan 22 (KUNA) -- The world's largest software firm, Microsoft, announced Thursday it was cutting up to 5000 jobs over the next 18 months

23-Jan-09

Result Review: Wipro

Livemint, India

In 3QFY2009, Wipro recorded a disappointing 1% qoq growth in topline. The key IT Services Business clocked a decent 6.9% qoq growth in revenues,

23-Jan-09

SFIO also to examine Satyam’s headcount inflation angle

Hindu Business Line, India

How deep does it run? Satyam employees outside the Infocity headquarters in Hyderabad on Thursday. Now Satyam is in the eye of the storm for cooking up

23-Jan-09

Satyam effect: 70 firms report director exit

Hindu Business Line, India

Mumbai, Jan. 22 Even as the Government is finding it difficult to appoint a full-fledged Board of Directors for the troubled Satyam Computers Services,

23-Jan-09

Shrek uses Autodesk 3D software

Indiantelevision.com, India

NEW DELHI: A customized three-dimensional system based on the Autodesk MotionBuilder software is being used to generate a digital face in the Magic Mirror

23-Jan-09

COAI advocates for software to recognize non-IMEI handsets

TelecomTiger, India

Even as the government wants the operators to work sincerely on the issue of connections with invalid IMEI numbers, the Cellular Operators Association of ...

23-Jan-09

Satyam board approaches clients to infuse confidence

Moneycontrol.com, India

The new board of Satyam is also going all out to restore the confidence of employees and clients. Here is a verbatim transcript of Divya Rajagopal’s ...

23-Jan-09

Guj CID to probe Satyam after small investors sue

IBNLive.com, India

SATYAM SHOCKER: Thousands of small and retail investors have little hope of getting their money back. ibnlive.com is on mobile now.

23-Jan-09

Govt should not step in to bail out Satyam: Ambit Corporate

Moneycontrol.com, India

It might take months or even years to find out or complete investigations into the Satyam scam. It will take another five-six weeks for the financial ..

23-Jan-09

Satyam issue to make clients more cautious: JPM AM

Moneycontrol.com, India

Rukhshad Shroff, Investment Manager, JP Morgan Asset Management, said the regulatory machinery has kicked into save Satyam and this has given some level of .

23-Jan-09

Buying Satyam may be a risky proposition

Moneycontrol.com, India

Buying Satyam maybe more fraught with risks than expected earlier. Not only will the new buyer inherit its liabilities but even a partial sale could be ...

23-Jan-09

What Wipro Q3 numbers say

Indiatimes, India

The third quarter results of the country's third-largest software exporter, Wipro, demonstrated the resilience power of Indian IT.

23-Jan-09

Hexaware Technologies to consider final dividend for FY 2008

Equity Bulls, India

Hexaware Technologies Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 16, 2009, inter alia, to consider, .

23-Jan-09

Satyam staff gear up for company’s revival

Sakaal Times, India

PUNE: Despite the crisis situation being faced by IT major Satyam, its employees and management at company’s Pune regional office are willing to fight their

23-Jan-09

Satyam founder, CFO’s police custody extended by a day

Sakaal Times, India

Hyderabad: The police custody of disgraced Satyam Computer Services founder B Ramalinga Raju and former Chief Financial Officer (CFO) Srinivas Vadlamani,

23-Jan-09

QAI Announces Associate-Level Certifications in Software Testing ...

Business Wire India (press release), India

The QAI Global Institute (www.qaiworldwide.com), which administers Software Certifications' examinations, after having certified more than 35000 ...

23-Jan-09

No exposure to real estate, Satyam: LIC MF

Moneycontrol.com, India

S Sarkar, Chief Executive, LIC MF Asset Management, said the fund house does not have any exposure to Satyam. It had exposure to real estate companies but

23-Jan-09

Will Satyam Fiasco Influence Voter Choice?

Andhra Cafe, India

Will the Satyam fiasco bring down the Congress government in the state? That is the big question. The Satyam fiasco has hit hard in the state and its impact

23-Jan-09

Quest Software Looking Forward To Acquisition

EFYTimes (press release), India

Quest Software Inc is looking forward for acquisition with Indian product company in the target range of $50 million - $200 million, having some good IPs

23-Jan-09

SuperPro 5000 Software Supports 7 Languages NOW

PressReleasePoint (press release), India

Xeltek is excited announcing support for five new languages which have been recently added on SuperPro 5000 software; German, Italian, Turkish, ...

23-Jan-09

Job creation growth in IT sector slips by 46%: Assocham

Livemint, India

PTI New Delhi: The prospects of job creation in the India’s IT sector has dipped by 46% in the last quarter of 2008 with the Satyam episode further denting ...

23-Jan-09

Andhra software engineer found dead in US

Sify, India

Hyderabad: Muthyala Purushottam, a 27-year-old software engineer from Andhra Pradesh, was found dead in his flat in Indianapolis in the US, family sources ...

23-Jan-09

Lazard exits Satyam, sells holding in market transactions

Frontline, India

Mumbai (PTI): IT firm Satyam Computer on Thursday said US-based investor Lazard Asset Management has sold its entire stake of over 5 per cent in the company ..

23-Jan-09

Satyam probe: Forged letters from banks mislead auditors

MSN India, India

Price Waterhouse, the firm that audited the accounts of Satyam Computers, may have been misled into believing forged documents that sought to verify the

23-Jan-09

Delcam offers free ArtCAM demo software for artistic users

CAD CAM News (press release), India

Free demonstration versions of Delcam’s ArtCAM Express and ArtCAM Insignia artistic CADCAM software are now available. Both programs can be downloaded from

23-Jan-09

Cynical Peak Software releases Rivet 2.0

TechWhack (press release), India 

Cynical Peak Software is pleased to announce the release of Rivet 2.0. Rivet enables users to stream video, music, and photos from Mac OS X to an Xbox 360 ...

23-Jan-09

Cambridge Technology Enterprises terminates agreement to acquire ...

Equity Bulls, India

Cambridge Technology Enterprises Ltd has announced that the Company had entered into a Share Purchase agreement with M/s Protege Software Services Inc.,

23-Jan-09

CID seeks extension of Satyam founder Raju, others custody

All India Radio, India

The petition of Andhra Pradesh CID seeking extension of the custody of Satyam Computer's founder B Ramalinga Raju, his brother B Rama Raju and the firm's .

23-Jan-09

Wipro’s attrition rate soars in third quarter

Fresh News, India

By Indo-Asian News Service on Wednesday, January 21, 2009 India’s third largest IT bellwether lost more employees than it could hire during the third

23-Jan-09

Accenture Recognized on FORTUNE'S “100 Best Companies to Work For ...

PressReleasePoint (press release), India

; Jan. 22, 2009 – Accenture (NYSE: ACN) has been included on FORTUNE magazine’s 2009 list of “100 Best Companies to Work For.

23-Jan-09

Satyam scam: Court to hear Raju, two others bail plea

SamayLive, India

Hyderabad, Jan 22: A city court will today hear the bail petitions of Satyam's tainted founder Ramalinga Raju, his brother Rama Raju and CFO Vadlamani

23-Jan-09

BPO sector awaits Obama call

Indiatimes, India

NEW DELHI: Over the past decade, the $800-bn global technology services sourcing business has found new destinations, India being the largest. ...

23-Jan-09

Fujitsu in Leaders Quadrants of Application Infrastructure ...

Prdomain Business Register (press release), India

21 Jan 2009 , Sunnyvale, CA. : Fujitsu was positioned in the leaders quadrant in two Gartner Magic Quadrant reports on Application Infrastructure Software

23-Jan-09

Quest Software to Announce Results for Fourth Quarter and Fiscal ...

PressReleasePoint (press release), India 

ALISO VIEJO, Calif., Jan. 22, 2009–Quest Software, Inc. (Nasdaq: QSFT) today announced that it will release its financial results for the fourth quarter and .

23-Jan-09

Nvidia Quadro CX now available with Adobe Premiere Pro CS4 software

TechShout!, India

Nvidia has revealed some very exciting news for professional video editors. The company recently announced the availability of the Adobe Premier Pro CS4

23-Jan-09

IBM Helps Businesses, Consumers Weather the Storm With Cost ...

Prdomain Business Register (press release), India

21 Jan 2009 , Orlando, FL. : To help customers get the most out of their information technology (IT) in challenging business conditions, IBM is offering a

23-Jan-09

Wipro meets forecast, Q3 net up at Rs 1004 cr

ITvoir, India

India's third largest software exporter Wipro Technologies on Wednesday, Jan 21 reported net profit of Rs 1003.9 for the quarter ended Dec 31, 2008

24-Jan-09

PwC has been auditing Satyam since 2000

Economic Times, India

HYDERABAD: After the Rs 7800-crore Satyam scandal broke, its auditor, PricewaterhouseCoopers, had kept mum initially claiming client confidentiality.

24-Jan-09

MNCs eye Satyam employees

Times of India, India 

HYDERABAD: Indian IT firms may have decided to not hire Satyam employees (to help the company stabilise) but various multinational players,

24-Jan-09

Land may be the root cause of Satyam scam

Hindu, India 

Price Waterhouse auditor Talluri Srinivas (bespectacled), seated in the back of the vehicle, being taken to the magistrate’s residence in Hyderabad on ...

24-Jan-09

Raju diverted Satyam funds to buy 147 benami firms

IBNLive.com, India

TIP OF THE ICEBERG? B Ramalinga Raju had claimed that he has made no profits while he inflated account book figures. ibnlive.com is on mobile now. ...

24-Jan-09

No Satyam-like event possible in PSUs: IOC CMD

Indian Express, India 

New Delhi: The Satyam episode of fudging accounts and siphoning off cash is not possible in public sector enterprises, which have strong internal checks and .

24-Jan-09

RBI collects information on banks' exposure in Satyam: Gopinath

Economic Times, India

24 Jan 2009, 2107 hrs IST, PTI MUMBAI: The Reserve Bank of India has collected data on banks' exposure in scam-tainted IT firm Satyam Computer and an .

25-Jan-09

CPI(M) suggests Govt. protect jobs of Satyam employees

Hindu, India

Hyderabad (PTI): The Communist Party of India (Marxist) has suggested that the government immediately attach properties of Satyam Computers and protect jobs

25-Jan-09

Devil's Advocate: Kiran Karnik on Satyam's future

IBNLive.com, India

WORRIED ABOUT FALLOUT: Kiran Karnik says India Inc needs to try and become better after the Satyam scandal. ibnlive.com is on mobile now. .

27-Jan-09

Probe in Satyam scam inspires little confidence: Experts

Economic Times, India

BANGALORE: Nearly three weeks after the sensational announcement by Satyam Computer Services’ founder B Ramalinga Raju that the company’s accounts were ...

27-Jan-09

Satyam to get training award from US body

Economic Times, India

BANGALORE: A US-based professional body is ignoring the almost surreal events in recent weeks at Satyam Computer Services and bestowing the troubled

27-Jan-09

Satyam fraud an aberration, not system failure: ICAI chief

Economic Times, India

26 Jan 2009, 2036 hrs IST, PTI MUMBAI: The Satyam fraud is an aberration and not a system failure, and accounting, auditing and ethical standards in the

27-Jan-09

Wipro bags UK-based Morrisons' IT contract

Economic Times, India

NEW DELHI: UK-based food retailer Morrisons, with 375 stores and annual turnover of £13bn has tied up with India's third largest IT company Wipro ..

27-Jan-09

Software engineer among two killed in separate mishaps

Times of India, India 

CHENNAI: Two persons including a software engineer were killed in separate accidents in the city and its suburbs on Sunday. In one incident, an18-year-old, ...

27-Jan-09

Third party BPO vendors subject to scrutiny after Satyam fraud

Economic Times, India 

NEW DELHI: Here’s some more collateral damage of the fraud at Satyam Computer Services: it may turn the tide against third-party Business Process ..

27-Jan-09

Caterpillar approaches Satyam for termination

Economic Times, India

BANGALORE: Caterpillar Inc, the world's largest maker of construction equipment and one of the oldest Satyam customers has approached India's beleaguered .

27-Jan-09

Wipro to expand personal care portfolio

Hindu, India 

New Delhi (PTI): Aiming to strengthen its presence in the personal-care segment FMCG firm Wipro Consumer Care and Lighting is expanding its skin care range

27-Jan-09

Quest Software plans buyout for $200 million

Business Standard, India

Enterprise systems management supplier and product development company Quest Software Inc is looking at taking its Indian operations into the next level of

27-Jan-09

TDS details of Satyam employees under IT lens

Economic Times, India

NEW DELHI: The Central Board of Direct Taxes has sought a fresh report from its field officers about the details of tax deducted at source (TDS) submitted

27-Jan-09

Outokumpu awards outsourcing contract to Accenture

SteelGuru, India

It is reported that Outokumpu has awarded Accenture a 5 year application outsourcing contract to provide Outokumpu with application development and

27-Jan-09

Satyam’s ex-CFO blew up Rs 17 lakh on European bash!

Express Buzz, India

HYDERABAD: Business class tickets for four: Rs 8 lakh; top-end luxury car: Rs 4 lakh; stay in a seven-star hotel: Rs 5 lakh; the experience: priceless! ..

27-Jan-09

No Satyam-like event possible in PSUs: IOC CMD

Indian Express, India

New Delhi: The Satyam episode of fudging accounts and siphoning off cash is not possible in public sector enterprises, which have strong internal checks and

27-Jan-09

Satyam effect: Directors of 70 firms exit

Siliconindia.com, India

By siliconindia news bureau Mumbai: The Satyam turbulence is spreading fast, with independent directors of 70 companies including Zee News, EID Parry India,

27-Jan-09

No Satyam-like episode possible in PSEs: Indian Oil CMD

Myiris.com, India

According to Indian Oil CMD and head of a PSU body Sarthak Behuria, the Satyam like event of fudging accounts is not possible in public sector enterprises

27-Jan-09

Wipro may expand personal care portfolio

Myiris.com, India

Wipro Consumer Care and Lighting, a fast-moving consumer goods (FMCG) player is planning to expand its skin-care range in the next 3-6 months in order to

27-Jan-09

Advani demands judicial probe into Satyam fraud

Siliconindia.com, India

By IANS New Delhi: Senior Bharatiya Janata Party (BJP) leader LK Advani Friday demanded a judicial probe into the fraud in Satyam Computers Services

27-Jan-09

Arjun Malhotra on founding HCL

Livemint, India

This is Kamla Bhatt. Today my guest is Arjun Malhotra who is CEO and Chairperson of Headstrong Inc. an IT global consulting firm. ...

27-Jan-09

Bengal's IT sector looks beyond recession days

Siliconindia.com, India

By IANS Kolkata: The global economic meltdown has reduced the pace of growth of West Bengal's showpiece IT sector, but the state wants to build IT ...

27-Jan-09

Satyam's Rs 5000 cr cash disappeared in a quarter

Hindustan Times, India 

PTI Bank statements show that Satyam had funds of over Rs 5000 crore as of September 2008, but by January 2009 when company founder Ramalinga Raju admitted ...

27-Jan-09

Valued Maytas for Raju family, not for Satyam: E&Y

Hindustan Times, India

PTI Auditing major Ernst & Young on Sunday said its valuation of controversial Maytas Properties was for a deal involving existing shareholders of the firm,

27-Jan-09

JDA Software post better-than-expected Q4 results

Reuters India, India

Jan 26 (Reuters) - JDA Software Group Inc (JDAS.O: Quote, Profile, Research) posted better-than-expected quarterly results, helped by higher software

27-Jan-09

Software development plans to help Tibet narrow "digital gap"

Hindu, India

Beijing (Xinhua): The Chinese Academy of Sciences (CAS) will promote the development of Tibetan language software with the goal of helping Tibetans promote ...

27-Jan-09

Siemens PLM Software Announces New PLM Initiative to Help Small ...

CAD CAM News (press release), India

PLANO, Texas - Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle ...

27-Jan-09

Outokumpu awards outsourcing contract to Accenture

SteelGuru, India

It is reported that Outokumpu has awarded Accenture a 5 year application outsourcing contract to provide Outokumpu with application development and

27-Jan-09

EADS Selects MSC.Software as Major Simulation Partner for Its ...

CAD CAM News (press release), India 

SANTA ANA, Calif - MSC.Software (NASDAQ: MSCS), a leading global provider of enterprise simulation solutions, including simulation software and services,

27-Jan-09

Satyam to get new CEO next week

Siliconindia.com, India

By IANS Hyderabad: Embattled Satyam Computer Services will get a new chief executive officer (CEO) of "global standing" next week, and the company will ...

27-Jan-09

HCL Tech net profit up 49.1 percent

Siliconindia.com, India 

By IANS New Delhi: Software and outsourcing major HCL Technologies Friday reported 49.1 percent growth in its net profit for the quarter ended Dec 31 at

27-Jan-09

‘Govt should protect jobs of Satyam employees'

SamayLive, India 

Hyderabad, Jan 26: The Communist Party of India (Marxist) has suggested that the government immediately attach properties of Satyam Computers and protect

27-Jan-09

Pair of free RF design EDA software tools from Anlog Devices

EE Herald, India 

Analog Devices has announced the availability of two free EDA software tools for RF system design. The ADIsimRF design tool calculates a variety of ...

27-Jan-09

Cisco Delivers Ethernet-Based High Performance Software to Help ...

Prdomain Business Register (press release), India

26 Jan 2009 , Barcelona, Spain : Cisco today announced it has collaborated with NYSE Technologies to develop an Ethernet-based integrated messaging solution .

27-Jan-09

National Bank of Kuwait Goes Live With Level Four Software to ...

IT News Online, India

LONDON, January 26 /PRNewswire/ -- Level Four, the leading provider of open standards-based ATM software, with Innovation Systems, its business partner in ...

28-Jan-09

Satyam fraud probe falls short of expectations

Economic Times, India

BANGALORE: Nearly three weeks after the sensational announcement by Satyam Computer Services’ founder B Ramalinga Raju that the company’s accounts were ...

28-Jan-09

‘Satyam won’t be sold in parts’

Economic Times, India

HYDERABAD: The six-member government-appointed board of Satyam Computer Services on Tuesday took the important step of finding a suitor for the beleaguered ...

28-Jan-09

HCL Infosystems profit drops 32%

Economic Times, India

NEW DELHI: IT hardware firm HCL Infosystems posted a 32% drop in consolidated net profit for the quarter ended December 31, 2008, on the back of sluggish ...

28-Jan-09

Many suitors approached us, but no part-sale: Satyam

Economic Times, India

27 Jan 2009, 1935 hrs IST, PTI HYDERABAD: Satyam on Tuesday said it would consult the government and market regulator SEBI on the many suitors who have ...

28-Jan-09

software majors step up hiring in India

Economic Times, India

BANGALORE: At a time when top Indian tech firms including TCS, Infosys and Wipro plan to slow down their linear growth by hiring less number of people

28-Jan-09

‘Banks’ exposure to Satyam not alarming’

Hindu, India

MUMBAI: The Reserve Bank of India (RBI) on Tuesday said banks’ exposure to Satyam group is ‘not alarming’ and the numbers are relatively low. ...

28-Jan-09

Nifty bounces back to day's high;HCL Tech, Sterlite up

Economic Times, India

MUMBAI: Equities resumed upward march on Tuesday following a knee-jerk reaction as Reserve Bank of India kept key interest rates unchanged. .

28-Jan-09

Satyam committed to honour FIFA deal

Economic Times, India

27 Jan 2009, 2019 hrs IST, PTI HYDERABAD: Irrespective of the fraud in the company, Satyam Computers will be able to honour its commitment to FIFA as the ...

28-Jan-09

LIC, IDBI, BoB agree to lend Rs 900 cr to Satyam

Economic Times, India

MUMBAI: State-owned financial institutions are likely to respond favourably to the call for financial support made by Satyam’s new board. ...

28-Jan-09

IT dept conducting thorough enquiry into Satyam: CBDT head

Economic Times, India

MUMBAI: The Income-Tax Department is conducting a thorough enquiry into the Satyam Computer scam, said NB Singh, chairman, Central Board of Direct Taxes ...

28-Jan-09

Software to replace police notepads

Times of India, India

AHMEDABAD: Mumbai terror attack had 45 suspects and more than 350 people were involved, including victims and hotel staff. The connection between various ...

28-Jan-09

Stocks to watch: L&T, HUL, Punj Llloyd, TCS

Economic Times, India

MUMBAI: Reserve Bank of India will announce the details of its third quarter economic review. Analysts are expecting rate cuts but not as deep as seen in ...

28-Jan-09

Satyam is just an aberration: ICAI's Ved Jain

Economic Times, India

MUMBAI: There is no lapse in the standard of accounting and auditing ethics in India. Satyam shock is just an aberration or an accident, said Mr Ved Jain, ...

28-Jan-09

Govt may limit legal liability of future Satyam owner

Times of India, India

NEW DELHI: The government is prepared to explore options to limit the legal liability of any future owner of the scam-hit software and IT giant Satyam as

28-Jan-09

Satyam to get training award from US body

Economic Times, India

Aus-based professional body is ignoring the almost surreal events in recent weeks at Satyam Computer Services and bestowing the troubled software company .

28-Jan-09

Morrisons partners Wipro Retail

Hindu, India

BANGALORE: Morrisons, the UK food retailer with 375 stores and annual turnover of £13 billion, has chosen Wipro Retail, a specialist division of Wipro

28-Jan-09

UTV Software net up 29 pct, beats forecast

Reuters India, India

MUMBAI (Reuters) - UTV Software Communications Ltd posted a 29 percent rise in quarterly net profit, led by gains in television content and gaming, ...

28-Jan-09

Reduce Wipro, target of Rs 213: Prabhudas Lilladher

Moneycontrol.com, India

Prabhudas Lilladher has maintained its reduce rating on Wipro with a target price of Rs 213 in its January 21, 2009 research report. "Wipro’s Q3FY09 results

28-Jan-09

Employees exiting Satyam may have to give up gratuity

Economic Times, India

NEW DELHI: Satyam employees exploring options of moving on to safer havens may even have to forgo their gratuity and leave-encashment emoluments. .

28-Jan-09

Wipro bags UK retailer Morrisons deal

Sify, India

Bangalore: UK’s fourth largest food retailer Morrisons has selected Wipro Technologies to replace its existing IT systems to support future growth ...

28-Jan-09

Muzaffar alias Patni case: HC tells foster, biological parents to ...

Indian Express, India

Ahmedabad: The Gujarat High Court on Tuesday directed the foster as well as the biological parents of Muzaffar alias Vivek Patni to cooperate with each

28-Jan-09

Infosys puts over 5000 employees under scanner

Business Standard, India

Infosys Technologies has placed around 5 per cent of its global workforce under the scanner. The move, which is being seen as an offshoot of the global .

28-Jan-09

Satyam's Rs.5000 crore vanished in last three months

Siliconindia.com, India

By siliconindia news bureau New Delhi: The lack of funds in Satyam is directed to a new scam, with bank statements proving that nearly Rs.5000 crore have ...

28-Jan-09

Amdocs sets up software, hardware lab at MIT

Pune Newsline, India

Pune Students of Maharashtra Institute of Technology (MIT)’s College of Engineering and Pune Institute of Computer Technology (PICT) can now work towards .

28-Jan-09

Caterpillar may cut off ties with Satyam

domain-B, India

The world's largest maker of construction and mining equipment, Caterpillar, which is also one of the oldest Satyam customers, may be terminating software .

28-Jan-09

Satyam struggling to retain business

domain-B, India

Outsourcing contracts worth anywhere between $350-$500 million are up for renewal by Satyam customers this year, making it critical for the company to ...

28-Jan-09

Religion or vote? Iraq Shi'ites wrestle with choice

Reuters India, India

By Mohammed Abbas BASRA, Iraq (Reuters) - Thousands of Shi'ite Muslims in southern Iraq are wrestling with a choice of religion or democracy before a ...

28-Jan-09

Satyam crisis an eye-opener: Anand Mahindra

Moneycontrol.com, India

CNBC-TV18's Menaka Doshi caught up with Anand Mahindra of Mahindra & Mahindra at the World Economic Forum at Davos. Here's what he had to say on the

28-Jan-09

Indian shares rally 3.8 pct; Satyam jumps 21 pct

Reuters India, India

* Global cues, rates outlook underpin market * Main index posts best 1-day rise in 7 weeks * Satyam soars as L&T says may increase holding * SBI,

28-Jan-09

Sify posts net loss of $5.03 mn in Q3

Economic Times, India

CHENNAI: Sify Technologies reported a net loss of $5.03 million for the third quarter ended 31 December 2008, compared to the net profit of $0.83 million

28-Jan-09

Talking to Arjun Malhotra, co-founder HCL

Livemint, India 

This is Kamla Bhatt. Today my guest is Arjun Malhotra who is CEO and Chairperson of Headstrong Inc. an IT global consulting firm. ...

28-Jan-09

UTV Software Communications Consolidated Profit falls to Rs 29.38 ...

Equity Bulls, India 

UTV Software Communications Limited has announced the standalone Results for the quarter ended on 31-DEC-2008. The Net Sales was at Rs. 5707.32 lacs for ...

28-Jan-09

Experts endorse Satyam stance seeking Sebi waiver

Moneycontrol.com, India

The Satyam board has sought Sebi’s nod for waiver from the 26-week average price for a potential open offer. Commenting on the same, Ashok Wadhwa of Ambit

28-Jan-09

Wipro to provide IT solutions for Morrisons

Stock Watch, India

Wipro Technologies has bagged a project worth million dollars from UK based food retailer Morrisons, having 375 stores and annual turnover of £13bn, .

28-Jan-09

On the bench in Satyam

Livemint, India

When does an IT services firm need a bench? When there is pipeline of deals. These are people who are in suspended animation waiting for a project to work

28-Jan-09

Nucleus Software gets award

Hindu Business Line, India

MUMBAI: Nucleus Software Exports Ltd has informed the BSE that the annual report and accounts of the company, for year ended March 31, 2008, ...

28-Jan-09

Host media processing software, eSound engine for server V2

EE Herald, India

Oki Electric has launched the "eSound engine for server V2," a host media processing software that improves compatibility with mobile phones and PC client ...

28-Jan-09

India Hot Stocks:HCL, SBI up on Oct-Dec earnings

Reuters India, India

MUMBAI, Jan 27 (Reuters) - The following stocks were on the move at the BSE on Tuesday. At 10.23 am the benchmark 30-share BSE index . ..

28-Jan-09

Fujitsu acquires Infineon software lab

IT Examiner, India

By John Oram in California @ Tuesday, January 27, 2009 6:49 AM Fujitsu Microelectronics Europe (FME) officially announced yesterday that it has taken over ...

28-Jan-09

Infosys gets service tax notice

Indiatimes, India

NEW DELHI: The Indian IT sector continues to be in the news for all wrong reasons with another leading firm Infosys coming under the government scanner for

28-Jan-09

HCL Technologies puts on a good show

Myiris.com, India

The scrip has touched an intra-day high of Rs 115.40 and low of Rs 110.00. The total volume of shares traded at the BSE is 21270. In the earlier session,

28-Jan-09

Class Action suit may keep Satyam suitors away: Nasscom

Moneycontrol.com, India

Som Mittal, President, Nasscom, feels it is important to stabilise Satyam's operations and understand the legal implications. "There is no sense in buying .

28-Jan-09

Professional CAD Software for rent from ASCON

CAD CAM News (press release), India 

ASCON Group, developer and integrator of Professional CAD solution for 3D Modelling, 2D Drafting and Design — KOMPAS-3D, is now presenting a new Program for ...

28-Jan-09

Satyam maintains its march ahead

Moneycontrol.com, India

Satyam Computer Services has touched an intraday high of Rs 54.40 and an intraday low of Rs 41. At 10:14 am, the share was quoting at Rs 45.05, up Rs 6.20, ...

28-Jan-09

Wipro rises 5.45% at BSE

Myiris.com, India

The scrip has touched an intra-day high of Rs 226.40 and low of Rs 214.95. The total volume of shares traded at the BSE is 122338. In the earlier session, .

28-Jan-09

Partner communications selects jungo's openrg™ software for new ...

PressReleasePoint (press release), India 

- Jungo Ltd, a leading provider of broadband residential gateway software solutions, and Partner Communications, a leading Israeli mobile telecoms operator, ...

28-Jan-09

DAVOS-Infosys confident can meet Q4 revenue view

Reuters India, India

DAVOS, Switzerland, Jan 27 (Reuters) - Infosys Technologies (INFY.BO: Quote, Profile, Research) Inc. is confident it can meet its fourth-quarter revenue

28-Jan-09

Satyam and the World Bank

Livemint, India

The billion-dollar accounting fraud at computer giant Satyam continues to make headlines, weeks after founder B. Ramalinga Raju admitted he’d cooked his

28-Jan-09

Business software makers top forecasts with Q4

Reuters India, India

By Tarmo Virki and Nicola Leske HELSINKI/FRANKFURT, Jan 27 (Reuters) - Germany's Software AG (SOWG.DE: Quote, Profile, Research) on Tuesday joined US ...

28-Jan-09

Check Point Software Q4 earnings beat forecast

Reuters India, India

TEL AVIV, Jan 27 (Reuters) - Check Point Software Technologies Ltd (CHKP.O: Quote, Profile, Research), one of the world's largest Internet and network ...

28-Jan-09

Leaders from Hexaware, Polaris, Ramco, Cognizant, Sify, to speak ...

Siliconindia.com, India

By IANS New Delhi: Young Indians angry about the attack on women in a pub in Karnataka's Mangalore town are giving vent to their ire on the internet with ...

28-Jan-09

Oracle Financial Services Software ltd Q3 Net Income up by 147 ...

India PRwire (press release), India

Oracle Financial Services Software Limited (Reuters: ORCL.BO & ORCL.NS), a majority owned subsidiary of Oracle Corporation, announced today that its Q3 FY09 .

28-Jan-09

Punjab holds big potential for the IT sector

TopNews, India

Mohali, Jan. 27 : The northern State of Punjab promises a huge business potential for those willing to invest in the Information Technology (IT) sector. ...

28-Jan-09

Satyam close to securing funding; L&T ups stake

CIOL, India

HYDERABAD, INDIA: Fraud-hit Satyam Computer Services Ltd is close to securing funding to pay salaries and other bills, its new board said on Friday,

28-Jan-09

Agilent Technologies' WiMedia-Based MB-OFDM Ultra-Wideband ...

PressReleasePoint (press release), India

Agilent Technologies Inc. (NYSE: A) today announced the industry's most automated WiMedia-based multiband orthogonal frequency domain modulation (MB-OFDM) ..

28-Jan-09

5000 Infosys employees under scanner

Siliconindia.com, India

By siliconindia news bureau Bangalore: As an outcome of the global financial turbulence, Infosys has placed around 5000 employees or five percent of the ...

28-Jan-09

Equivalent DATA Announces Release of NeedleFinder(R) 3.5 E ...

IT News Online, India

HOUSTON, Jan. 27 /PRNewswire/ -- Equivalent DATA announced today the release of version 3.5 of their , NeedleFinder(R). The new release features , which ...

28-Jan-09

Omnify Software to Showcase SolidWorks Interface at SolidWorks ...

CAD CAM News (press release), India

ANDOVER, MA - Omnify Software, a leading provider of Product Lifecycle Management (PLM) software for electronic, medical, mechanical, ...

28-Jan-09

Dorian Software Posts Highest Annual Sales Revenue In Its History

IT News Online, India

ATLANTA, Jan. 27 /PRNewswire/ -- Dorian Software Creations, Inc. () today announced the highest annual sales revenue in its more than ten year ...

28-Jan-09

EASEUS Windows Server Partition Software - The Right Server ...

IT News Online, India

NEW YORK, Jan. 27 /PRNewswire/ -- EASEUS Software, the leading hard disk management solution provider, announced its upgraded version of Windows Server ...

28-Jan-09

Endeavour Software Announces 120% year on year Rise in Revenues

Merinews, India

Endeavour Software Technologies, a leading Enterprise Mobile Consulting and mobile application/product development services provider, today announced a 120% ...

28-Jan-09

Leading Market Research Firm Finds PPM Software Delivering Over ...

PressReleasePoint (press release), India

ISLANDIA, NY, January 27, 2008 – According to a new IDC White Paper*, successful organizations worldwide are leveraging project and portfolio management ...

28-Jan-09

Transplace Selects LeadLife On-Demand Lead Management Software

IT News Online, India

ATLANTA, Jan. 27 /PRNewswire/LeadLife Solutions () announced today that Transplace, a leading provider of transportation management services and logistics ...

28-Jan-09

Volitans Software Announces SMART Utility 2.0

TechWhack (press release), India

Volitans software today announces SMART Utility 2.0, a major update to the hard drive diagnostic scanning application. The new features include the ability ...

28-Jan-09

QAI Announces the World's First Certification in the Field of ...

IT News Online, India

ORLANDO, Florida, January 27 /PRNewswire/ -- The QAI Global Institute () has responded to a critical global need of the IT industry, of addressing the need ...

28-Jan-09

Houdah Software announces ACTPrinter 1.1 for iPhone and iPod Touch

TechWhack (press release), India

Houdah Software proud to announce ACTPrinter 1.1 for iPhone and iPod Touch. ACTPrinter is a game changing application which finally takes the paper out of ...

28-Jan-09

MacEase announces iPrint Free Software Offer For Schools

TechWhack (press release), India

MacEase is pleased to announce that its highly rated iPrint utility is being made available to public schools free of charge. Throughout the country schools ...

28-Jan-09

CommVault Adds Deduplication to Data Management Software

CIO India, India

Zahab Ilkal, CommVault's product manager, noted that Simpana 8's predecessor had only file-level deduplication. The new version offers block-level ...

28-Jan-09

Ilium Software Releases Apples2Oranges for the iPhone

TechWhack (press release), India

Ilium Software has just released Apples2Oranges for the iPhone and iPod touch. With Apples2Oranges users can convert, calculate and compare in one step ...

28-Jan-09

Riverbed to Integrate WAN Software in HP ProCurve

CXOToday.com, India

By CXOtoday Staff Riverbed Technology has joined the HP ProCurve Open Network Ecosystem (HP ProCurve ONE), a new multi-vendor alliance program, becoming the

29-Jan-09

Satyam has 43622 staff, says PFO

Times of India, India

HYDERABAD: It is official now. 43622 is the actual number of permanent employees working in scam-tainted Satyam Computer Services. ...

29-Jan-09

SEBI to weigh L&T's plan for Satyam

Economic Times, India

MUMBAI: The market regulator SEBI is likely to consider Larsen & Toubro’s proposal on the pricing of a possible open offer to Satyam shareholders at its ...

29-Jan-09

Satyam staff ready to trade pay cut with higher posts

Times of India, India

HYDERABAD: Satyam's loss is turning out to be small IT companies' gain who are hiring highly skilled Satyam techies at affordable salaries. ...

29-Jan-09

Job aspirants protest before Satyam office

Economic Times, India

HYDERABAD: Tired of the wait, a group of 300 aspirants who were given offer letters months ago by the company gathered before Satyam Infocity’s office in

29-Jan-09

Satyam scam: Khusrokhan, Datta may form top team

Economic Times, India

NEW DELHI/MUMBAI: Former managing director of Tata Chemicals Homi Khusrokhan and ex-group finance director of the Murugappa group Partho S Datta are likely ...

29-Jan-09

Parliamentary panel grills RBI on Satyam scandal

Economic Times, India

NEW DELHI: A Parliamentary panel on Wednesday sought an explanation from the Reserve Bank of India (RBI) on why financial regulators could not prevent the ...

29-Jan-09

Satyam: YSR ready for CBI probe

Hindu, India

HYDERABAD: Chief Minister YS Rajasekhara Reddy has requested the Ministries of Finance and Company Affairs to suggest a coordinating mechanism involving the ...

29-Jan-09

BPO girl stabbed to death by jobless boyfriend

Times of India, India

MIRA ROAD: A love affair gone sour has resulted in yet another tragedy in the city. Call centre employee Paloma Fernandes (24) was stabbed to death by her ...

29-Jan-09

TCS may call back 20% onsite staff in US

Economic Times, India

MUMBAI: TCS, India’s largest software company, is planning to move about a fifth of its employees working onsite at various locations in the US to India, ...

29-Jan-09

TCS beats recession, wins new orders

Hindu, India

CHENNAI: Even as the fear of recession hits IT companies, Tata Consultancy Services (TCS) walk away with one order after another. ...

29-Jan-09

Zensar bets big on hi-end BPO biz, acquisitions not on radar

Hindu, India

Mumbai (PTI): RPG Group company and IT major, Zensar, is betting big on the business process outsourcing (BPO) business and plans to get into the hi-end of ...

29-Jan-09

Satyam scam betrays gaps in UN system

Hindu, India

New Delhi (PTI): The Satyam scandal seems to have revealed a huge gap in the sprawling United Nations system, with some of its affiliates squarely blaming .

29-Jan-09

Satyam fallout: Investors demand rotation of auditors

Economic Times, India

MUMBAI: Weeks after the Satyam saga exposed glaring lapses in auditing practices, Indian institutional investors are seeking a rotation of auditors to ...

29-Jan-09

Bears cover shorts on strong global cues, Satyam surges 17%

Economic Times, India

MUMBAI: Indian markets advanced for the second consecutive day Wednesday as bears covered short positions and bulls bought on the back of strong rally in

29-Jan-09

Satyam staff ready to trade pay cut with higher posts

Times of India, India

HYDERABAD: Satyam's loss is turning out to be small IT companies' gain who are hiring highly skilled Satyam techies at affordable salaries. ..

29-Jan-09

NAB's Satyam outsourcing contract under review

Economic Times, India

BANGALORE: National Australia Bank (NAB) has put its outsourcing contract with Satyam Computer Services under review, as Australia's biggest bank seeks to ...

29-Jan-09

PriceWaterhouse suspends Satyam-linked duo

Hindustan Times, India

A Hyderabad court dismisses the bail plea of Satyam Computer's tainted ex-Chairman B Ramalinga Raju, and the company's former CFO Vadlamani Srinivas. ...

29-Jan-09

Software couple find home burgled of Rs 18 lakh jewellery

Times of India, India

HYDERABAD: Jewellery worth Rs 18 lakh was stolen, allegedly by domestic workers, from the house of a software couple at Madhapur on Tuesday. ...

29-Jan-09

Indian ADRs: ICICI Bank gains 15%, Patni up 12.4%

Moneycontrol.com, India

US markets ended higher, led by banks, amid enthusiasm for Obama's "bad bank" plan and as the 819 billion dollar stimulus package neared approval.

29-Jan-09

HCL, Nokia form JV to sell mobile add-ons

Business Standard, India

ICT systems integrator HCL Infosystems today announced setting up a joint venture with Nokia Corporation to sell mobile value added services and ...

29-Jan-09

Satyam board selects 2 persons for CEO, CFO post: PC Gupta

Moneycontrol.com, India

Minister for Company Affairs PC Gupta said the Satyam board had zeroed in on two people for the CEO and CFO post. However, both candidates have sought legal ...

29-Jan-09

Satyam surges 17% as board takes corrective measures

Livemint, India

PTI Mumbai: Beleaguered Satyam Computer Ltd on Wednesday surged as much as 17% on the Bombay Stock Exchange after the company’s board took a step ahead to ...

29-Jan-09

Reddy to PM: Satyam set up 300 cos for insider trading

IBNLive.com, India

SATYAM CRISIS: YSR wrote to the Prime Minister saying that records had been embellished for seven years. ibnlive.com is on mobile now.

29-Jan-09

State to allot 100 acres to Infosys for 2nd campus

Business Standard, India

The Orissa government plans to allot 100 acres of land to software major Infosys Technologies at the Infocity-II area for its proposed second campus in the

29-Jan-09

Parliamentary Committee on Finance meets on Satyam scam

Moneycontrol.com, India

The Parliamentary Committee on Finance held its hearing on the Satyam scandal today. The Reserve Bank of India briefed the Members of Parliament on issues

29-Jan-09

Buyout a likely outcome for Satyam: BCG

IBNLive.com, India

SAVING SATYAM: Satyam’s new board has appointed Boston Consulting Group as its management advisors. ibnlive.com is on mobile now. Read news, watch videos be

29-Jan-09

Intra-Day: Buy Infosys, RIL at...

Sify, India

The outlook remains positive for RIL as long as it trades above Rs 1200 level. Buy it in dips. The analysis and opinion expressed in these columns are based ..

29-Jan-09

Fault lies with World Bank employees, not Wipro: Nath

Indian Express, India

Davos: India said that the World Bank ban on Wipro was not on account of any action of the IT major, but on the contrary the action was initiated because a ...

29-Jan-09

L&T's Satyam stake buy lacks transparency: Ajay Srivastava

Moneycontrol.com, India

After Larsen & Toubro yesterday came out in the open to clarify its stance on its Satyam stake, the infrastructure major has been under the spotlight.

29-Jan-09

Close: Markets end 2% higher, Satyam surges by 18%

Livemint, India

New Delhi: Markets traded positive on Wednesday to end 2.8% up as strong buying emerged following positive opening of the European markets. .

29-Jan-09

Sensex gains 87.55 pts; Wipro up 3.29%

Myiris.com, India

The Sensex continues to trade in the positive terrain on the back of buying interest seen in index pivotals. Realty, auto, FMCG and oil & gas stocks

29-Jan-09

SEBI to mull over L&T`s plan for Satyam

Myiris.com, India

The market regulator Securities Exchange Board of India (SEBI) is expected to consider Larsen & Toubro`s (L&T) proposal on the pricing of a possible open

29-Jan-09

Bulk Deals : Satyam Computer Services tops NSE chart

Myiris.com, India

On Wednesday, FID FDS Mauritius bought 9243601 shares at Rs 54.47 a share and Fidelity bought 7886394 shares at Rs 52.18 a share of Satyam Computer Services ..

29-Jan-09

Infosys Intraday Buy Call

TopNews, India

Stock analysts have maintained ‘buy’ rating on Infosys stock with an intraday target of Rs 1273. According to them, interested traders can purchase the

29-Jan-09

Deacom welcomes ERP users to 2009 Software Conference

Fibre2fashion.com, India

Users of the DEACOM Integrated Accounting and Enterprise Resource Planning (ERP) Software System are invited to attend the 2009 Deacom User Conference, ...

29-Jan-09

'Until the 1984 IT policy, software did not qualify as a business'

Rediff, India 

'A nightmare of pulsing, twitching, flashing complexity,' was how one intimidated journalist chose to describe a computer in 1954. ...

29-Jan-09

Intra-Day: Buy Infosys, RIL at...

Sify, India

The outlook remains positive for RIL as long as it trades above Rs 1200 level. Buy it in dips. The analysis and opinion expressed in these columns are based

29-Jan-09

The Art of Lean Software Development--New from O'Reilly: Increase ...

PressReleasePoint (press release), India

—Based on techniques that revolutionized Japanese manufacturing, Lean software development can dramatically increase productivity and quality. ...

29-Jan-09

Centric Software named to 2009 CGT Editors' picks list

Fibre2fashion.com, India

Consumer Goods Technology (CGT) has recognized Centric Software for its unique contributions to the consumer goods industry as a 2009 “CGT Editors’ Picks” ...

29-Jan-09

Fresh recruits lodge protest with Satyam

MSN India, India

Satyam fraud has, at least for some time, jeopardised the careers of 6000 bright engineering graduates who were hired by the IT major during campus

29-Jan-09

Delcam to show latest dental software at IDS

CAD CAM News (press release), India

Delcam will show the latest releases of its DentCAD and DentMILL dental software at the IDS International Dental Show to be held in Cologne from 24th to

29-Jan-09

Developing software on an open source stack

CIOL, India

BANGALORE, INDIA: Web developers are enjoying a renaissance. After spending much of the previous decade toiling on server-centric code, programmers are now ...

29-Jan-09

Amcom Software Adds VIXXI Solutions Capabilities to Emergency ...

TechWhack (press release), India

Amcom Software today announced they have selected VIXXI Solutions, Inc., an industry-leading, nationwide E911 service provider, as its partner to provide ...

29-Jan-09

Stunt Software releases On The Job 3.0 - Time Tracking and Invoicing

TechWhack (press release), India

Stunt Software is pleased to announce the release of On The Job 3.0, a major new version of their time tracking and invoicing application for OS X. On The ...

29-Jan-09

Satyam maintains its march ahead

Moneycontrol.com, India

Satyam Computer Services had touched an intraday high of Rs 55.15 and an intraday low of Rs 47.10. At 12:37 pm, the share was quoting at Rs 52, up Rs 4.85

29-Jan-09

OKI Launches Host Media Processing Software, eSound™ Engine for ...

TechWhack (press release), India

Oki Electric Industry Co., Ltd. (TOKYO:6703) today announced it has developed the “eSound™ Engine for Server V2,” a host media processing(1) software that ...

29-Jan-09

GraphOn Announces Distribution Partnership with Shanghai Fuyun to ...

TechWhack (press release), India

GraphOn Corporation (OTCBB:GOJO), a leading worldwide developer of thin-client application publishing and Web-enabling software solutions, today announced

29-Jan-09

Governance, Risk Management, and Compliance - Skelta Software ...

India PRwire (press release), India

Inspired by the need to better protect investors and in response to the growing number of corporate and accounting scandals in the recent past, ...

29-Jan-09

Leading Market Research Firm Finds PPM Software Delivering Over ...

Prdomain Business Register (press release), India

27 Jan 2009 , Islandia, NY. : According to a new IDC White Paper*, successful organizations worldwide are leveraging project and portfolio management (PPM)

29-Jan-09

Meltdown, an opportunity for cos to come to India: IT industry

Economic Times, India

28 Jan 2009, 1640 hrs IST, PTI MUMBAI: The ongoing financial meltdown could be a booon for Indian IT industry as it offers an opportunity to foreign players ...

29-Jan-09

Infosys confident of meeting Q4

Times of India, India

DAVOS: Infosys Technologies Inc is confident that it can meet its fourth-quarter revenue target, chief operating officer SD Shibulal said

29-Jan-09

IT industry joins energy efficiency push

Reuters India, India

LONDON (Reuters) - The IT industry is joining the push toward energy efficiency by developing new power management technology to curb the sector's harmful .

29-Jan-09

Infosys puts five thousand jobs under scanner

Fresh News, India

NEW DELHI: Infosys, India’s second largest IT services provider has put at least 5000 employees or 5 per cent of its total global workforce under the

29-Jan-09

Elecon unveils 'In Case of Emergency' software

India PRwire (press release), India

Material handling equipment manufacturer Elecon Engineering Wednesday launched a software that stores health information on mobile phones for use during

29-Jan-09

Trace Software announces elecworks™

CAD CAM News (press release), India

Trace Software launches elecworks™, its brand new electrical CAD Product. The Electrical Experience for SolidWorks. Saint-Romain, France : Trace Software, ...

29-Jan-09

Serotek Announces an End to Software Maintenance Agreements

IT News Online, India

MINNEAPOLIS, Jan. 28/PRNewswire/Serotek Corporation, the leading provider of internet and digital information accessibility software and services, ...

29-Jan-09

Software CEO gets 10 days jail for bison slaying

Indopia, India

A software executive has been sentenced to 10 days in jail for authorizing the slaughter of 32 of his neighbor&aposs bison that wandered onto his Colorado ...

29-Jan-09

Software Security Solutions Introduces CyberPatrol Web Site ...

IT News Online, India

LAKEWOOD, Colo., Jan. 28 /PRNewswire/ -- Software Security Solutions, Inc. (SSS), a technology firm specializing in security solutions for home users and ...

29-Jan-09

Gazprom Neft' Selects Paradigm(TM) Software for Regional E&P Projects

IT News Online, India

MOSCOW, Jan. 28 /PRNewswire/ -- Paradigm(TM) (), a leading provider of enterprise software solutions to the global oil and natural gas exploration and .

29-Jan-09

Arkeia Software Delivers Industry’s First Virtual Appliance for Backup

TechWhack (press release), India

Arkeia Software, a worldwide provider of backup and disaster recovery software, today announces Arkeia Network Backup v8.0 which delivers the first true ...

29-Jan-09

Credit Crunch CFOs Take to SEA to Reduce Software Budgets and ...

TechWhack (press release), India

Independent IT audit and Software Asset Management consulting group Liken www.liken.com has launched the Software Efficiency Audit (SEA) to help CFOs ...

29-Jan-09

Fortify Software Names John True as Chief Operating Officer

IT News Online, India

SAN MATEO, Calif., Jan. 28 /PRNewswire/ -- Fortify Software, the market leader in Software Security Assurance solutions, today announced the appointment of ...

29-Jan-09

Trimble Introduces Trimble Access Software Offering Surveyors ...

IT News Online, India

SUNNYVALE, Calif., Jan. 28 /PRNewswire-FirstCall/ -- Trimble today introduced Trimble(R) Access(TM) software-a new field and office solution for surveyors

29-Jan-09

Morrisons partners with Wipro for systems transformation

domain-B, India

Morrisons, the UK food retailer, with 375 stores and annual turnover of £13 billion has chosen Wipro Retail, a specialist division of Wipro Technologies, .

29-Jan-09

SAP Reports Double-Digit Growth in Software and Software Related ...

IT News Online, India

WALLDORF, Germany, Jan. 28 /PRNewswire-FirstCall/ -- SAP AG today announced its preliminary financial results for the fourth quarter and full-year ended ...

29-Jan-09

Laura Ashley Japan Speeds Customer Service Using ILOG Software

IT News Online, India

TOKYO, Jan. 28 /PRNewswire/ -- ILOG, an IBM company, and WINWORKS, a leading Japanese independent software vendor (ISV), today announced that fashion and

29-Jan-09

Ginos Engineering fined $114000 for software piracy

ITvoir, India

A conversation between an IT consultant and reseller has cost an Adelaide engineering firm more than $114000 in damages for hosting 27 unlicensed copies of ...

30-Jan-09

Satyam likely to get new owner in 2 months

Economic Times, India

HYDERABAD: The management of Satyam Computer Services, fighting to boost morale in the beleaguered company, has told its employees that the sale of the ...

30-Jan-09

HCL Tech bags deals worth $1 bn

Economic Times, India

MUMBAI: For HCL Technologies, the December 2008 quarter has proved to be the best in terms of deals it has signed. The company said it won deals worth $1 ..

30-Jan-09

Immunity for new Satyam Board

Hindu, India

NEW DELHI: The Company Law Board (CLB) on Thursday granted immunity and wide-ranging powers to the six members of the newly appointed Board of the ...

30-Jan-09

Satyam staff ready to trade lower salary with higher posts

Times of India, India

HYDERABAD: Satyam's loss is turning out to be small IT companies' gain who are hiring highly skilled Satyam techies at affordable salaries.

30-Jan-09

GAIL mulls ethics panel to guard against Satyam-like scams

Times of India, India

NEW DELHI: State-owned gas utility GAIL, which invests thousands of crores of rupees in building gas transmission and petrochemicals projects,

30-Jan-09

Modi keen to buy Satyam

Times of India, India

NEW DELHI: BK Modi-led Spice group on Thursday made an expression of interest to acquire Satyam Computer. Confirming this, a spokesperson said the group has

30-Jan-09

Rs. 660-cr bank exposure to Satyam

Hindu, India

HYDERABAD: As many as 18 banks, including public and private and foreign banks, have an exposure of Rs. 660.48 crore to the embattled Satyam Computer ...

30-Jan-09

TCS leads race for Sony’s $100-million outsourcing deal

Economic Times, India

BANGALORE: India’s largest software exporter TCS is leading the race to win an outsourcing contract worth $60-100 million from Sony, the Japanese

30-Jan-09

Satyam bids adieu to F&O segment with 10% loss

Business Standard, India

On its last day in the futures & options (F&O) segment, Satyam on Thursday witnessed high volatility as traders rushed to square up their positions.

30-Jan-09

Minister says Satyam Board has ability to raise funds

Hindu, India

Mumbai (PTI): The government on Thursday ruled out a financial bailout of the scam-ridden Satyam as it was confident of the newly-appointed Board's ability

30-Jan-09

Satyam scam: Separate entity must to avoid legal tangle

Economic Times, India

NEW DELHI: The government on Thursday said it cannot protect the acquirer of Satyam Computer Services from the fraud-hit software exporter’s legal liability

30-Jan-09

Mismatch in number of Satyam employees

Times of India, India

HYDERABAD: Satyam Computer Services Ltd on Thursday claimed that the total number of employees working in the company as claimed by the regional provident

30-Jan-09

Fidelity buys 2.5 pct of Satyam for $19 mln

Reuters India, India

MUMBAI (Reuters) - Asset manager Fidelity Investments bought a 2.5 percent stake in fraud-scarred Satyam Computer Services for 915 million rupees ($18.7 ...

30-Jan-09

Have no direct exposure to Satyam, Maytas: Andhra Bk

Moneycontrol.com, India

Andhra Bank has announced its third quarter results. The company's Q3 net profit at Rs 212 crore versus Rs 159 crore. RS Reddy, CMD of Andhra Bank, .

30-Jan-09

Accenture employees go without leave till March 31

Hindu Business Line, India

Bangalore, Jan. 29 If you happen to be an Accenture employee in India, you will have to stop dreaming about taking leave at least for the next couple of

30-Jan-09

Sunita Narain: No satyam in our oil

Business Standard, India

It's time to get more vigilant as companies today can get away with anything as long as it is on the label. Which cooking oil is best for us? Why do I ask?

30-Jan-09

Satyam in focus, volumes soar over 5cr shares on BSE

Business Standard, India

Satyam Computer Services is witnessing frentic activity today as the stock gyrates betwen a wide range of 35%. Today is the last day of trade for the stock ..

30-Jan-09

Should you sell or hold the Satyam shares?

Sify, India

The office delivery-man wants to know what will happen to his 50 shares of Satyam. Friends call up asking if they should sell their larger holdings in the

30-Jan-09

Satyam is second chance for Phaneesh, Banerjee

Livemint, India

Satyam's new CEO and CFO, although they might not be designated that, are to be announced this evening at 6.30. It is about two men who have some chance of

30-Jan-09

Recruits wait at Satyam door

Calcutta Telegraph, India

Hyderabad, Jan. 29: One girl hadn’t bothered to reply to an offer from Infosys. Another had turned down a proposal for marriage. Yesterday, they were among

30-Jan-09

Infosys to set up BPO unit for IT dept

Livemint, India

New Delhi: Infosys Technologies Ltd has been selected by the income-tax (IT) department to set up a business process outsourcing (BPO) unit to carry out its .

30-Jan-09

New Satyam recruits hope

Express Buzz, India

HYDERABAD: They look crushed, their ashen faces belying their youth. Having bagged the call letters in on-campus recruitments across the State,

30-Jan-09

TCS may call back onsite staff in US to India

TopNews, India

India's largest IT exporter, Tata Consultancy Services (TCS) is all set to call back about 20 per cent of its onsite staff in US to India, clearly to cut ...

30-Jan-09

Nokia partners with HCL

MSN India, India

Nokia has tied up with long time distribution partner HCL for selling mobile value added services (VAS), most probably under Nokia's Ovi brand. ...

30-Jan-09

Microsoft launches CRM 4.0 software

TopNews, India

In a move to provide efficient business management solutions, Microsoft India Pvt. Ltd, today launched customer relationship management (CRM) software

30-Jan-09

'India's software industry turned superstar after 1991'

Rediff, India

The growth of India's software industry through the 1990s made it the poster child for the success of the economic reforms process. ...

30-Jan-09

Sharp Software Development India signs Sree Vidyanikethan ...

Webnewswire.com, India

Sharp Software Development India (SSDI), a subsidiary of Sharp Labs, US, the R&D arm of the Sharp Corporation, today announced that it has signed Sree

30-Jan-09

Girls lap up Wipro jobs

Calcutta Telegraph, India

Ranchi, Jan. 29: Ban or no ban, Wipro still lives up to its reputation of being a major campus recruiter. Today, the company visited Ranchi Women’s College

30-Jan-09

MATLAB data analysis software with Agilent Oscilloscopes

EE Herald, India

MATLAB data analysis software in now avialable with the purchase of Agilent 5000, 6000, 7000 and 90000 Series oscilloscopes. Combining Agilent oscilloscopes

30-Jan-09

Indian IT stars in Davos look to cast off shadow of Satyam

Economic Times, India

DAVOS: India's burgeoning IT sector has granted its businessmen glamourous places among the world's elite in Davos, but this year they are on the defensive

30-Jan-09

Khusrokhan, Datta May Join Satyam Board

CXOToday.com, India

By CXOtoday Staff According to reports, Homi Khusrokhan may be inducted as executive director on the board of Satyam Computer. Homi Khusrokhan is an M&A ...

30-Jan-09

Elecon unveils ‘In Case of Emergency’ software

Fresh News, India

By Indo-Asian News Service on Wednesday, January 28, 2009 Material handling equipment manufacturer Elecon Engineering Wednesday launched a software that ..

30-Jan-09

Stocks to watch: Reliance Power, Tata Motors, RIL, Satyam

Economic Times, India

MUMBAI: Oil prices cooled down on Thursday, as concerns of declining global demand. US crude fell to $42.05 per barrel while London Brent crude fell to .

30-Jan-09

VC Funds Continue to Flow Into IT Sector

CXOToday.com, India

By Manu Sharma The year 2009 is slated to be an interesting year for entrepreneurs and venture capitalists (VCs) alike. Even as the global recession ...

30-Jan-09

Atom could hurt the software industry

IT Examiner, India

By Akanksha Prasad @ Thursday, January 29, 2009 11:17 AM If Nvidia’s CEO, Jen-Hsun Huang is to be believed then today’s netbooks are low-cost PCs that don’t ...

30-Jan-09

Wipro to hire 1000 freshers

IT Examiner, India

By Akanksha Prasad @ Thursday, January 29, 2009 7:22 AM With job losses the order of the day in most firms, Bangalore-based Wipro today claims to be bucking

30-Jan-09

India and the Philippines together account for 50% of the offshore ...

Webnewswire.com, India

Out of the $35-37 billion offshore BPO market in 2008, India remained the leading offshore destination with 35% market share. With a size barely 1/10th of ...

30-Jan-09

Apple's facial recognition software is cool for cats

IT Examiner, India

By Nick Farrell @ Thursday, January 29, 2009 7:42 AM Apples new Iphoto face recognition software, which is being peddled with the new Ilife package for Mac ...

30-Jan-09

Newgen Software launches Omniflow 8.0

Moneycontrol.com, India

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Enterprise Document Management,today announced the launch of ...

30-Jan-09

Hexaware Technologies to merge Focus Frame Inc with US arm

Equity Bulls, India

Hexaware Technologies Ltd has announced that the Board of Directors of the Company has decided to merge Focus Frame Inc. its wholly owned subsidiary in USA

30-Jan-09

Nucleus Software Amongst Top 15 Exciting Emerging Companies To ...

EFYTimes (press release), India

According to Vishnu R. Dusad, CEO and managing director, Nucleus Software, “This recognition is a testimony to Nucleus Software’s philosophy that our people ...

30-Jan-09

Big block on Satyam

India Infoline.com, India

Shares of Satyam Computers plunged by over 15% to Rs47.5 after 27mn equity shares of the company changed hands on the NSE. Almost 4% of the company’s equity .

30-Jan-09

Porn in software firm website

Express Buzz, India

CHENNAI: A sacked employee of a Chennai-based software firm is suspected to have hacked into the company’s website and posted pornographic content, ...

30-Jan-09

Patni Computer rebounds smartly

Myiris.com, India

The scrip has touched an intra-day high of Rs 130.00 and low of Rs 120.00. The total volume of shares traded at the BSE is 10579. In the earlier session, ...

30-Jan-09

Indian IT Majors Look To Rebuild Trust After Satyam Scandal

EFYTimes (press release), India

The Indian IT sector enjoyed years of rapid growth due to outsourcing by multinationals. But it now faces a crisis of confidence at a time of falling demand ..

30-Jan-09

TAIT's Seven Commandments to Check Fraud in IT Industry

itVARnews.net (press release), India

Mumbai-based Trade Association of Information Technology (TAIT) has put forward seven commandments to check and punish the frauds and defaulters in the IT ...

30-Jan-09

Satyam probe: YSR seeks mechanism to involve Central agencies

Siasat Daily, India

and Company Affairs to suggest a coordinating mechanism involving the central investigation agencies such as Securities Exchange Board of India (SEBI) and

30-Jan-09

iGATE Awaits Satyam's Financial Statement

CXOToday.com, India

By Manu Sharma With the new board of Satyam Computers ruling out any part-buy option, iGATE, an integrated technology and operations (iTOPS) company,

30-Jan-09

Delcam CRISPIN launches new software for orthotics design and ...

CAD CAM News (press release), India

Delcam CRISPIN has launched a new version of its software for the design and manufacture of orthotic insoles. The most obvious change has been the division

30-Jan-09

ESPRIT Mold v10 selected as preferred software by POLKAR

CAD CAM News (press release), India

ESPRIT® Mold v10, the latest release of mold software offered by DP Technology, an innovator in the computer-aided-manufacturing market, has been selected ...

30-Jan-09

Virtual Product Test for Designers and Engineering Simulation ...

CAD CAM News (press release), India

WESTMINSTER, CA - NEi Software (NEi), a global leader in the development of Finite Element Analysis (FEA) software, will demonstrate how pre and post ...

30-Jan-09

Rainmaker Signs BMC Software Educational Services

IT News Online, India

CAMPBELL, Calif., Jan. 29 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. today announced that it has been awarded a two-year contract to provide its

30-Jan-09

Mkts choppy; NTPC, Bharti, RIL, BHEL, SAIL, Wipro dip

Moneycontrol.com, India

Benchmark indices are witnessing volatility owing to a tussle between bulls and bears. On the one side, NTPC, Reliance Industries, Bharti, BHEL, SAIL,

30-Jan-09

Double-Take® Software’s New GeoCluster® Enables Cost Effective ...

TechWhack (press release), India

Double-Take® Software (NASDAQ: DBTK), today announced that it is extending its GeoCluster® offering to support failover clustering and the hypervisor-based

30-Jan-09

First SBIRS GEO Satellite With New Flight Software Completes Key ...

IT News Online, India 

SUNNYVALE, Calif., Jan. 29 /PRNewswire/ -- The first Space-Based Infrared System (SBIRS) geosynchronous orbit (GEO-1) satellite, built by a Lockheed Martin ...

30-Jan-09

Microsoft and Infosys Technologies Create New Alliance Focusing on ...

IT News Online, India

The two companies fuse business expertise and rich intellectual property to help manufacturers improve the user experience and increase supply chain agility

30-Jan-09

Oracle Financial Services Software Introduces Newest Release of ...

India PRwire (press release), India

As part of its ongoing commitment to help financial services institutions achieve accurate assessment of the relationship between existing capital and risk ..

30-Jan-09

FreeWave Technologies Announces DataLogger Software for Cathodic ...

IT News Online, India

BOULDER, Colo., Jan. 29 /PRNewswire/ -- FreeWave Technologies, the largest independent provider of high performance spread spectrum and licensed radio ...

30-Jan-09

ALaS Consulting Realigns Resources; Launches Software Division

IT News Online, India

NEW YORK, Jan. 29 /PRNewswire/ -- ALaS Consulting LLC, () a company specializing in finance, accounting and operations optimization and control, ...

30-Jan-09

Satyam scandal leaves small investors nursing their losses

Smash Hits, India

Kanpur, Jan 29 (ANI): Many small time investors are faced with uncertainty as they try and cope with the losses incurred by them in the stock market due to

30-Jan-09

Accenture Identifies Imperatives for Business, Government In Times ...

TechWhack (press release), India

build or adapt global networks to enable them to move people and information across their organizations quickly, efficiently and effectively.

30-Jan-09

Multi-Core Processors Outpacing Key Business Software

Network Computing, India

The relentless doubling of cores per microprocessor chip will result in servers with far more horsepower than software can use, says Gartner. ...

30-Jan-09

Quest Software intros site administrator for SharePoint

CIOL, India -

BANGALORE, INDIA: Quest Software, Inc., has announced the advanced version of Quest Site Administrator for SharePoint, a management and reporting solution

30-Jan-09

IT industry joins energy efficiency push

CIOL, India

LONDON, UK: The IT industry is joining the push toward energy efficiency by developing new power management technology to curb the sector's harmful

31-Jan-09

Now Hindujas join race for Satyam

Economic Times, India

MUMBAI: A day after non-resident industrialist BK Modi announced his intention to join the race to takeover Satyam, the Hinduja Group joins the fray to .

31-Jan-09

Citi, Merrill, Novartis, GSK may shift Satyam contracts

Economic Times, India

MUMBAI: Troubles keep mounting for Satyam Computer Services. Four of its large clients — Citigroup, Merrill Lynch (ML), Novartis and GlaxoSmith Klein (GSK)

31-Jan-09

Govt cos, MNCs may help Satyam with $400-mn deals

Economic Times, India

NEW DELHI: Satyam Computer Services may be poised to win large contracts worth around $400 million in revenues from some government-run entities and .

31-Jan-09

Insider trading in Satyam established

Hindu, India

HYDERABAD: Investigations into the multi-crore fraud in Satyam Computer Services by the Crime Investigation Department (CID) of the Andhra Pradesh police ...

31-Jan-09

Karnik may be named Satyam chairman

Economic Times, India

NEW DELHI: Kiran Karnik, former president of Nasscom and a government appointee to the board of Satyam Computer Services, may be named the company’s ...

31-Jan-09

'Scam-hit Satyam unlikely to exist'

Times of India, India

BANGALORE: The scam-stricken Satyam Computer is unlikely to exist in its current form, according to a study by research firm Gartner.

31-Jan-09

HC appoints Deloitte, Wipro as auditors in FT-NSE case

Economic Times, India

MUMBAI: The Bombay High Court appointed Deloitte Haskins & Sells and Wipro to conduct a systems audit of Financial Technologies’ (FT) front-end trading

31-Jan-09

Fidelity hikes stake in Satyam to 6.79 pc

Hindu, India 

Mumbai (PTI): Beleaguered Satyam Computer on Friday said institutional investor Fidelity has hiked its stake to 6.79 per cent in the IT firm by purchasing ...

31-Jan-09

L&T: Exposure to Satyam not subject to mark-to-market accounting

Hindu Business Line, India

“According to accounting conventions, fluctuations on all current investments are marked to market; but strategic investments are reported at cost. ...

31-Jan-09

Satyam credits salaries to staff

Hindu, India

HYDERABAD: Ending the month-long suspense among its associates, Satyam Computer Services on Friday informed them through email that their salaries were

31-Jan-09

HCL to enter security equipment production soon

Moneycontrol.com, India

HCL Security, a wholly owned subsidiary of the $3.1-billion HCL Infosystems, will venture into manufacturing security and surveillance equipment in a year’s ..

31-Jan-09

Fidelity picks up 3.13% in Satyam for Rs 113 cr

Hindu Business Line, India

MUMBAI: Institutional investor Fidelity has bought a 3.13 per cent stake in beleaguered Satyam Computer for over Rs 112.88 crore in open market transactions ...

31-Jan-09

Spice joins race to buyout Satyam

Moneycontrol.com, India

Here is a verbatim transcript of Siddharth Zarabi’s comments on CNBC-TV18. Also watch the accompanying video. The first hint that there was a new company

31-Jan-09

HCL Technologies a performer: ICICIdirect.com

Moneycontrol.com, India

ICICIdirect.com has rated HCL Technologies as a performer with a target of Rs 127 in its January 28, 2009 research report. "HCL Technologies (HCLT) reported

31-Jan-09

Satyam episode won't impact India: Jeff Immelt

Moneycontrol.com, India

As the world grapples with a million economic problems, right at the centre of it remains GE, the industrial and financial conglomerate.

31-Jan-09

Satyam staff intimidated IT officials in 2002, says govt report

Business Standard, India

Proof of disgraced Satyam founder Ramalinga Raju’s political influence — an issue that is being widely discussed following his January 7 confessions of

31-Jan-09

TCS leads race for sony's $100 m deal; stock down

Moneycontrol.com, India

Tata Consultancy Services, TCS had touched an intraday high of Rs 505.15 and an intraday low of Rs 498.40. At 11:03 am, the share was quoting at Rs 501, ...

31-Jan-09

'SnowMan' software helps keep snow drifts off the road

Hindu, India

BUFFALO, New York: Snow that blows and drifts across roadways has long troubled road maintenance crews and commuters alike, creating treacherous driving ...

31-Jan-09

State Farm-Satyam pact to end on Feb 14

Hindu Business Line, India

Hyderabad, Jan. 30 The 15-year association between State Farm Insurance of the US and the crisis-hit Satyam Computer Services will end on February 14

31-Jan-09

Do not buy Satyam, says Sukhani

Moneycontrol.com, India

Technical Analyst, Sudarshan Sukhani is of the view that one shouldn't buy Satyam Computer. Sukhani told CNBC-TV18, "I wouldn’t buy Satyam and that was a

31-Jan-09

TEXT-Fitch affirms IBM India at 'AAA(ind)'/'F1+(ind)'

Reuters India, India

Jan 30 - Fitch Ratings has today affirmed IBM India Pvt. Ltd's (IBM India) National Long Term rating at 'AAA(ind)'. The Outlook is Stable. ...

31-Jan-09

'BBB' rating on Infosys affirmed; Outlook revised to stable

Moneycontrol.com, India

Standard & Poor's Ratings Services today revised its rating outlook on India 's Infosys Technologies Ltd. (Infosys) to stable from positive. .

31-Jan-09

NDA didn’t act against Satyam in 2003: RPI chief

Express Buzz, India

HYDERABAD: Republican Party of India (RPI) president and MP Ramdas Athawale today alleged that the BJP-led NDA had failed to initiate any action against

31-Jan-09

Satyam to continue to provide world class services: Nath

Press Trust of India, India

Davos, Jan 30 (PTI) India has assured the world that Satyam Computer, embroiled in fraud by founder Ramalinga Raju, will continue to provide its clients

31-Jan-09

Satyam: Andhra Pradesh High Court to hear SEBI’s petition

Zee News, India

Hyderabad, Jan 29: The Andhra Pradesh High Court on Friday will hear the writ petition filed by SEBI questioning the validity of the orders passed by a ...

31-Jan-09

Client exits threaten Satyam’s valuation

Indian Express, India

New Delhi: Even as the interim board that was appointed to salvage beleaguered Satyam Computer Services works overtime to find buyers and a new management

31-Jan-09

Cranes Software net drops 15% on falling demands

Business Standard, India

Buckled under the pressure of a falling demand in the international markets coupled with relatively higher expenses, Cranes Software International has

31-Jan-09

Appointment of Satyam's new CEO, CFO delyed

domain-B, India

The search for a new CEO and CFO of the scandal-hit IT major Satyam seems to have reached a conclusion. The names doing the rounds are Homi Khusrokhan, ...

31-Jan-09

Satyam scam betrays gaps in UN system

Hindustan Times, India

PTI The Satyam scandal seems to have revealed a huge gap in the sprawling United Nations system, with some of its affiliates squarely blaming the World Bank

31-Jan-09

Wipro wants b-school salaries reset

Livemint, India

B schools school salaries have been artificially inflated by investment banks, says Pratik Kumar, Corporate Vice President, Human Resources at Wipro Ltd.

31-Jan-09

Satyam seeks to live off its assets, for now

Express Buzz, India 

HYDERABAD: Faced with a tight fiscal situation and given the urgency to mobilise resources to keep operations going, the new board of Satyam Computer ...

31-Jan-09

Satyam to pay salaries by selling properties

Express Buzz, India

HYDERABAD: Shaken by the developments in the past 40-odd days, Satyam employees are limping back to normal state of mind on knowing that they would be .

31-Jan-09

Pannonia Insurance Goes Live with TCS BaNCS Insurance

Network Computing, India

By Peggy Bresnick Kendler, January 30 2009, 1000 hrs CIG Kozep-Europai Biztosito Zrt. (Budapest), branded as Pannonia Insurance in Hungary, has gone live ...

31-Jan-09

Amadeus to develop core software for Asia Pacific travel trade ...

TravelBizMonitor, India

By Anish V Punnackattu | New Delhi Travel IT solutions provider Amadeus plans to develop core software for travel trade partners (travel agencies, ...

31-Jan-09

Indiabulls Securities keeps HOLD on Wipro

Livemint, India

Wipro Limited (Wipro) Q3’09 numbers were below our expectations owing to the continually weakening operating environment. On a sequential basis,

31-Jan-09

No leave for Accenture employees

Sify, India 

Bangalore: If you happen to be an Accenture employee in India, you will have to stop dreaming about taking leave at least for the next couple of months

31-Jan-09

Xerox to Build Channel for Software Applications

CRN, India 

By Sharmee Roy, CRN, Jan. 30 2009, 1500 hrs Xerox is looking to set up a box pushing model for its workflow and document management software in the market ...

31-Jan-09

Nokia and HCL partner to sell VAS directly to Consumers

VARIndia (press release), India

By VARIndia Correspondent Nokia Corporation has announced that it is planning to set up a joint venture with HCL Infosystems to sell mobile value-added ...

31-Jan-09

Cranes Software’s 9M FY09 Consolidated Revenues up 26% to Rs. 3523 ...

Business Wire India (press release), India

Cranes Software International Ltd. (Cranes), a Company that provides Enterprise Statistical Analytics and Engineering Simulation Software Products and ..

31-Jan-09

Post-Satyam, Bollywood corporates under scanner for box office ...

IBOS, India

Post the news of the Satyam Ltd. fiasco, with its head Ramalinga Raju having been arrested in AP for purposely overreporting its earnings and defrauding the .

31-Jan-09

Satyam fraud to become study topic in business schools

Punjab Newspaper, India

By Balwant Dhillon on January 28th, 2009 The recent fraud of Satyam has forced the business schools to lay emphasis on corporate governance so that the

31-Jan-09

Nucleus Software ranked amongst Top ‘Exciting Emerging Companies ...

VARIndia (press release), India

Nucleus Software Exports announced that it has been ranked amongst India's top 15 ‘Exciting Emerging Companies To Work For’ by NASSCOM.

31-Jan-09

A4Desk Flash Software announce the release the A4DeskPro v1.33

PressReleasePoint (press release), India

flash menu, website music player, flash video player and interactive flash maps --- with absolutely no specials skills or knowledge necessary! ...

31-Jan-09

Siemens PLM Software Announces PLM Initiative

EFYTimes (press release), India

“Since we introduced the Velocity Series portfolio, one of the top requests from small to medium size businesses (SMBs) is to provide tools that help them ...

31-Jan-09

Newgen Software Launches Omniflow 8.0

EFYTimes (press release), India

OmniFlow 8.0 is Business Process Modeling Notation (BPMN) and Business Process Execution Language (BPEL) compliant. BPMN is an industry-standard notation, ...

31-Jan-09

L&T seeks management control of Satyam

Rediff, India

In the first official acknowledgment of L&T's interest in taking over Satyam [Get Quote], the Department of Corporate Affairs has said in a note, .

31-Jan-09

Infosys hires MaFoi to place 'failed' employees

MSN India, India

Bangalore: India’s second-largest IT services provider Infosys Technologies has hired recruitment services provider MaFoi to help its employees who fail to .

31-Jan-09

Satyam Taps Goldman To Explore Sale

Network Computing, India

By Paul McDougall, InformationWeek, Jan. 30 2009, 1100 hrs Scandal-plagued Indian outsourcer Satyam has retained investment bankers Goldman Sachs and

31-Jan-09

Mumbai Cong wants Parekh out of Satyam

MSN India, India

Mumbai: The Mumbai unit of the ruling Congress party wants HDFC Chairman Deepak Parekh to step down from the board of Satyam in light of the revelations by .

31-Jan-09

Satyam Computers will continue world class services to clients ...

All India Radio, India

Commerce Minister Kamal Nath India has assured the world that Satyam Computers, embroiled in fraud by founder Ramalinga Raju,will continue to provide its

31-Jan-09

New Bluetooth Marketing Software Atomic Blue Sender is one More ...

IT News Online, India

ALEXANDRIA, Egypt, January 30 /PRNewswire/ -- AtomPark Software Inc. (), a software developer, announces the public release of its Bluetooth broadcasting ...

31-Jan-09

Limit Point Software launches “The Boolean Search-Blue Crab Promo”

TechWhack (press release), India

Limit Point Software is offering a promotion of its products Boolean Search and Blue Crab at a 65% discount. Boolean Search is a server application for ...

 






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