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Indian IT Companies News - April 2009 Headlines

20-Apr-09

We got Satyam at walk-away price: Mahindra

Economic Times

It all began way back in 1986, with a not-so-princely sum of Rs 1 crore, when Keshub Mahindra set up Tech Mahindra jointly with BT to get into telephony ...

20-Apr-09

Satyam diverted foreign earnings: SFIO

Economic Times

NEW DELHI: The Serious Fraud Investigation Office (SFIO) has found clear indications that Satyam Computer Services diverted part of its foreign earnings ...

20-Apr-09

Feudalism responsible for Satyam fiasco: NR Narayana Murthy

Economic Times

Technology services titan and founder chairman of Infosys Technologies NR Narayana Murthy has had a deep impact on the $60 billion IT industry which grew on ...

20-Apr-09

PW auditors knowingly falsified Satyam data: CBI report

Times of India

HYDERABAD: Contrary to earlier perceptions that the Price Waterhouse auditors were taken in by the false fixed deposit receipts (FDRs) shown to them by ...

20-Apr-09

IT industry likely to recover by early next year: Infosys CEO

Hindu

Chennai (PTI): The IT industry reeling under the impact of global meltodwn is expected to recover by late 2009 or early next year, a top official of ...

20-Apr-09

Govt considering special audit to fix tax liability of Satyam

Press Trust of India

New Delhi, Apr 19 (PTI) The tax department is considering a special audit of the accounts of the scam-ridden Satyam to ascertain tax liability of the IT ...

20-Apr-09

Focus on brand Satyam

Business Standard

Harish Bijoor, brand-strategy specialist and CEO of Harish Bijoor Consultants, says brand Satyam should be phased out gradually as the name has lost all ...

20-Apr-09

No impact of fiasco on Satyam services: Ford, Ciba

Hindu Business Line

Mumbai, April 19 In spite of being scam-hit, Satyam Computer Services was able to provide uninterrupted IT solutions during the three months following Mr ...

20-Apr-09

Stocks to watch: Satyam, SBI, Corporation Bank...

Myiris.com

The new owner of Satyam Computer, Tech Mahindra will have its first official interaction with the Satyam Board on April 20 after obtaining the Company Law ...

20-Apr-09

HC rejects plea of engg students to quash tcs

Chennai Online

Madurai, Apr 19 The Madurai bench of the Madras High court has rejected the plea of three engineering college students to quash Transfer Certificates issued

20-Apr-09

Stocks to watch: Satyam, SBI, Corporation Bank...

Myiris.com

The new owner of Satyam Computer, Tech Mahindra will have its first official interaction with the Satyam Board on April 20 after obtaining the Company Law ...

20-Apr-09

HC rejects plea of engg students to quash tcs

Chennai Online

Madurai, Apr 19 The Madurai bench of the Madras High court has rejected the plea of three engineering college students to quash Transfer Certificates issued ...

 


18-Apr-09

Tech Mahindra to firm up Satyam transition plan

Economic Times

HYDERABAD: Tech Mahindra, the new owner of Satyam Computer Services, is set to firm up transition plans, including employee retention, on Monday at a ...

18-Apr-09

Suryanarayana Raju pledged Satyam's shares fraudulently

Economic Times

HYDERABAD: B Ramalinga Raju, the defamed founder of Satyam Computer Services, gave his sibling B Suryanarayana Raju the power of attorney to sign documents ...

18-Apr-09

Bench refuses to quash TCs

Hindu

MADURAI: The Madras High Court Bench here on Friday refused to quash transfer certificates issued to three engineering students for consuming liquor inside ...

18-Apr-09

Sonata Software net profit at Rs. 76 crore

Hindu

BANGALORE: Sonata Software earned revenues (consolidated) of Rs. 1591 crore in 2008-09, an increase of 11 per cent over the previous year. ..

18-Apr-09

Organisational rejig at Wipro

Times of India

BANGALORE: The country's third largest tech firm, Wipro Ltd, has announced an organisational reshuffle, a week prior to its annual earnings announcement. ...

18-Apr-09

Forex losses likely to play spoilsport for TCS

Economic Times

After disappointing numbers from Infosys, analysts and investors are anxiously awaiting the quarter-end figures of the country's second biggest IT exporter ...

18-Apr-09

China to approach Infosys, HCL

Economic Times

17 Apr 2009, 2237 hrs IST, PTI GURGAON: China would approach Indian software majors such as Infosys and HCL to set up units in IT and BPO parks, ...

18-Apr-09

DLF to exit from four IT/ITeS SEZs

The Statesman

NEW DELHI, April 17: Realty giant DLF has approached the commerce ministry for surrendering four notified IT/ITeS special economic zones (SEZs) in the wake ...

18-Apr-09

Infosys trainee kills self, family blames work stress

IBNLive.com

New Delhi: Infosys, often counted as one of the finest IT organisations to work for in the country has been rocked by the suicide of a young professional. ...

18-Apr-09

TCS BPO employees impacted by new pay structure

Moneycontrol.com

Tata Consultancy Services (TCS) is learnt to be restructuring pay-scales for its BPO employees. The first step being withholding quarterly variable pay. ...

18-Apr-09

Infosys goads science graduates on bench to join BPO

Daily News & Analysis

Bangalore: Tech major Infosys is encouraging the science graduates on its bench to respond to vacancies in its business process outsourcing (BPO) arm. ...

18-Apr-09

Seminar held on innovative software technology

Ludhiana Newsline

Ludhiana A seminar-cum-workshop on security through power black box and other security issues, merchant banking, recession; and structured financing was ...

18-Apr-09

HCL Technologies - Allotment of equity shares

Hindu Business Line

MUMBAI: HCL Technologies Ltd has informed the BSE that the employees stock option allotment committee of the company on April 16, 2009, allotted 66500 ...

18-Apr-09

Politics and the Satyam scam...

UTVi 

HYDERABAD: From corporate India's poster boy to the perpetrator of corporate India's biggest scam ever, the rise and fall of Satyam founder Ramalinga Raju ...

18-Apr-09

Infosys sees $1-b domestic deals

Times of India

BANGALORE: At a time when customers in its top markets of US and Europe are slashing their IT budgets, Infosys Technologies sees over $1 billion worth of ...

18-Apr-09

Infosys to freeze April wage hike, promotions

Rediff

The impact of the global meltdown has forced India's second largest IT bellwether Infosys Technologies to freeze wage hikes and hiring in new fiscal 2009-10 ...

18-Apr-09

Nokia, HCL arm ink JV for direct sales

Myiris.com

HCL Technologies arm, HCL Infocomm and Nokia have entered into a joint venture (JV) to set up exclusive retail outlets that sell handsets and services ...

18-Apr-09

Finance dept, not HRD, managed Satyam payroll

Indiatimes

HYDERABAD: The payroll at tainted Satyam Computer Services was managed entirely by its finance department, while the IT firm's human resources department ...

 


15-Apr-09

Satyam @ Tech Mahindra: A bailout or sound acquisition?

Economic Times

Much has been written about the speed and effectiveness with which the government-appointed board restored systemic confidence by finding a suitor for ...

15-Apr-09

Tech Mahindra posing challenge to TCS, Infosys, Wipro, HCL

Economic Times

NEW DELHI: With Satyam in its fold, Tech Mahindra will emerge as the most important player in the telecom and auto verticals of India’s software and .

15-Apr-09

Infosys's outlook to set the tone for earnings

Times of India

MUMBAI/BANGALORE: On Wednesday, before the Indian stock markets open for trading, technology bellwether Infosys will be out with its 2008-09 results. .

15-Apr-09

Satyam Computer seeks to delist from European exchange

Livemint 

Hyderabad: Software firm Satyam Computer Services Ltd plans to delist from Euronext Amsterdam, a constituent exchange of NYSE Euronext,

15-Apr-09

Two held for murder of BPO employee

Times of India

BANGALORE: Two persons have been arrested for their alleged involvement in the murder of a BPO employee here last month. Honey Mary, the wife of the ...

15-Apr-09

Wipro silent on last year's campus recruits

Economic Times

BANGALORE: Wipro is mum on the fate of 7000 job offers it made on campuses during the last fiscal. These fresh recruits will be graduating in May-June this ...

15-Apr-09

Transcend's Flash Drives with eSobi Software

Techtree.com

Storage and multimedia products manufacturer Transcend has unveiled an enhanced version of its 8GB JetFlash V30 USB flash drives. These now come preloaded ...

15-Apr-09

Indian ADRs: Satyam slips 11%, Tata Motors slips 4.6%

Moneycontrol.com

Indian ADRs ended mixed on Tuesday. In the IT space, Satyam was down 11.11% at $ 2, Wipro was down 3.54% at $ 8.44, Infosys was down 2.44% at $ 28.76 and ...

15-Apr-09

SFIO concludes Satyam probe

Business Standard

The Serious Fraud Investigation Office (SFIO), which had the task of investigating the Rs 7000 crore Satyam fraud, has submitted its report to the ...

15-Apr-09

Demand from IT sector gets back some sizzle for SEZs

Business Standard

Demand for special economic zones (SEZs) appears to be reviving even as realty developers are shying away from developing these tax-free enclaves due to ...

15-Apr-09

Polaris Software to invest $20 mln in insurance centre

Reuters India

MUMBAI, April 14 (Reuters) - Polaris Software Lab Ltd (POLS.BO: Quote, Profile, Research) on Tuesday said it plans to invest $20 million to set up a centre ...

15-Apr-09

IT-BPO headcount may stay nearly constant in this fiscal

Hindu Business Line

New Delhi/Chennai, April 14 The overall manpower strength of the Indian IT and BPO industry for FY10 could remain “nearly constant” or be a shade lower than ...

15-Apr-09

Software that monitors your work

Deccan Herald

Software becomes the new Panopticon. It can monitor workers who, conveniently, do most of their work on computers. It can also measure their efforts and ...

15-Apr-09

Moral hazard in Satyam resurrection

Hindu Business Line

Unique by global standards, the Satyam takeover poses dangers of moral hazard unless accompanied by swift action against the swindlers, says ASHOAK UPADHYAY ...

15-Apr-09

Satyam to delist ADS from NYSE Euronext

Hindu Business Line

HYDERABAD: Satyam Computer said on Tuesday it would delist its American Depositary Shares from NYSE Euronext in Amsterdam due to financial and legal ...

15-Apr-09

BPO staff allowed to vote, but conditions apply

mydigitalfc.com

By Saswati Mukherjee BPO companies in Hyderabad are ready to allow their employees to cast their vote on the day of election if they prove that they had ...

15-Apr-09

Satyam to delist ADS from Euronext Amsterdam post acquisition

domain-B

Satyam Computer Services Ltd will delist its American Depository Shares (ADS) from NYSE Euronext, while it will continue to remain listed on the Indian ..

15-Apr-09

Satyam loss is l&t's blessing in disguise

Rediff

The Street appears to be quite relieved that Larsen and Toubro hasn't won the bid for Satyam Computer Services [Get Quote]. The L&T stock, which fell by ...

15-Apr-09

Infosys sacks 2100 Employees

BreakingNewsOnline

24/7 News Network: IT superpower Infosys Technologies has fired over 2100 employees after the annual appraisal, according to the HR sources in the company. ...

15-Apr-09

Infosys fires two thousand employees

Khabrein.info

India's leading software giant Infosys has fired nearly two thousand employees across the nation. The reason offered was zero tolerance to non-performance ...

15-Apr-09

Top Indian firms are glad a tech giant didn't acquire Satyam

Siliconindia.com

By agencies "A larger company like Cognizant would have been more successful in retaining the clients of Satyam and could have made a strong pitch for ...

15-Apr-09

IT industry needs a makeover to appeal to women as a career, says ...

IT News Online

40% of male IT Directors believe that the image of the IT profession needs a makeover if it is to attract more women to the industry, according to new ...

15-Apr-09

No retrenchment in Satyam: PC Gupta

UTVi

NEW DELHI: Union company affairs minister PC Gupta says there is very little likelihood of a major retrenchment in Satyam, post its sale to Tech Mahindra. ...

15-Apr-09

Software Technology Group International to consider financial ...

Equity Bulls

Software Technology Group International Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 30, 2009, ...

15-Apr-09

Software Professionals' Incubation Centre @ SEED Infotech Ltd ...

India PRwire (press release)

High-end IT Training organization, SEED Infotech has launched a Software Professionals' Incubation Centre (SPIC) to prepare budding IT professionals ...

15-Apr-09

Satyam's saviour has a mountain to climb

Rediff

Early on Monday morning, the chairman of the government-appointed board of Satyam Computer Services [Get Quote], Kiran Karnik, hurried into the Taj ...

15-Apr-09

Timeline of events at Satyam

Times of India

Dec 18 - Satyam board plans to meet Dec 29 to consider a share buyback to restore confidence. Dec 23 - Satyam barred from business with the World Bank for ...

15-Apr-09

Infosys Technologies layoff 2100 underperformers

Ub News

Infosys Technologies has fired 2100 people across the country, after an annual performance appraisal exercise concluded mid-March. ...

15-Apr-09

Govt, Industry Pulled out Satyam from Disaster

Daijiworld.com

Bangalore, Apr 14: If you go to the website enron.com, all that it will tell you is about the efforts of the Enron Creditors Recovery Corp's efforts ‘‘to ...

15-Apr-09

Rimage to Release Enhanced Producer Software Suite Version 8.2

TechWhack (press release)

Rimage Corporation (NASDAQ: RIMG), the industry-leading provider of on-demand digital publishing systems, announces a June release of Producer Software ...

15-Apr-09

Black Duck Software estimates development cost ofOpen Source ...

PressReleasePoint (press release)

To put this figure into perspective, the cost to develop open source software code is equivalent to nearly 50 percent of the US government’s recently passed

15-Apr-09

Tension Software releases Password Repository 2.8 - Password Manager

TechWhack (press release)

Tension Software today announces Password Repository 2.8 for Mac OS X. Password Repository can manage all passwords and accounts used on internet. ...

15-Apr-09

Check Point Software Technologies' acquisition of Nokia's security ...

PressReleasePoint (press release)

Espoo, Finland and Mountain View, CA, USA - Nokia and Check Point Software Technologies today announced the completion of Check Point's acquisition of ...

16-Apr-09

Infosys Q4 show points to tough road for IT sector

Economic Times

The fourth quarter performance of IT bellwether Infosys and its FY10 guidance confirm the weakening fundamentals of the country's export-driven IT sector. ...

16-Apr-09

Satyam seeks appointment of more directors on board

Economic Times 

15 Apr 2009, 1937 hrs IST, PTI NEW DELHI: Satyam Computer Services today sought Company Law Board (CLB) nod to appoint four new directors on its board. ...

16-Apr-09

CBI probes recruitment process at Satyam

Economic Times

HYDERABAD: The Central Bureau of Investigation (CBI) has started probing the recruitment process at Satyam Computer Services over the past seven years, ...

16-Apr-09

Indian shares fall as Infosys outlook dampens

Reuters India

MUMBAI, April 15 (Reuters) - Indian shares fell more than 2 percent early on Wednesday, dragged down by Infosys Technologies (INFY. ...

16-Apr-09

Infosys fails to realize USD 5bn revenue dream

Moneycontrol.com

In its annual guidance a year ago, Infosys said revenues would cross USD 5 billion. But much to the disappointment of investors, the company has only ...

16-Apr-09

Equities open lower; Infosys Technologies down 6%

Economic Times

MUMBAI: Equities opened lower on Wednesday with the technology sector under severe pressure after industry leader Infosys Technologies announced ...

16-Apr-09

Sensex shrugs off Infosys warning, rallies 318pts

Business Standard

The Sensex opened 162 points lower at 10805 and soon touched a low of 10719 on the back of negative cues from the overseas markets coupled with earnings ...

16-Apr-09

Earnings impact: Infosys ends down 3%

Business Standard

Infosys tanked nearly 8% in opening trades this morning after the company lowered its guidance for the first quarter of next fiscal. ...

16-Apr-09

Infosys has support at Rs 1300: Sukhani

Moneycontrol.com

Technical Analyst, Sudarshan Sukhani is of the view that Infosys Technologies has support at Rs 1300. Sukhani told CNBC-TV18, "Infosys has big support at Rs ...

16-Apr-09

Infosys declares 270% final

Sify 

Bangalore: Infosys Technologies Ltd has declared a final dividend of Rs 13.50 per share, which is 270 per cent on par value of Rs 5 per share, ...

16-Apr-09

No delay in constituting new Satyam board: MCA

Livemint 

Corporate affairs minister Premchand Gupta said tha t the employees are always the foundation of a company. No wise management would like to unnecessarily ...

16-Apr-09

Stocks in news: Infosys, Sterlite Ind, GHCL, Reliance Com, SBI ...

Economic Times

MUMBAI: Oil prices continued to fall in Asian trade today on concerns of slowdown in global oil demand. New York's main futures contract, light sweet crude ...

16-Apr-09

Hope springs at Satyam

Express Buzz

The expeditious manner in which the government- appointed board of directors of scam-scarred Satyam Computer Services was able to find a new buyer is indeed ...

16-Apr-09

BPO profits likely to drop as much as 55%

Daily News & Analysis

Mumbai: Bank of America Securities-Merrill Lynch has cut the growth outlook for the pure-play Indian BPO sector drastically. Pointing to factors such drop ...

16-Apr-09

Infosys forecasts downside in Q1, FY10 results

India Infoline.com

Infosys Technologies Ltd. on Wednesday announced business outlook for the quarter ending June 30, 2009 and for the fiscal year ending March 31, 2010, ...

16-Apr-09

Satyam to delist shares from Euronext Amsterdam

Siliconindia.com

By IANS Hyderabad: Fraud-hit Satyam Computer Services has filed an application with the New York Stock Exchange (NYSE) to delist its American depository ...

16-Apr-09

Satyam seva

Indian Express

Across the world, governments are grappling with how to deal with companies in trouble. In many cases the problems are similar: venal or incompetent ...

16-Apr-09

Intellvisions Software to declare FY 2009 results by Jun 30, 2009

Equity Bulls

Intellvisions Software Ltd has announced that the Board of Directors of the Company has decided to approve, adopt and publish the Audited Financial Results ...

16-Apr-09

Infosys Q4 net profit up

Deccan Herald

India’s IT bellwether Infosys on Wednesday announced a net profit of Rs 1613 crore for the fourth quarter of fiscal 2008-09, up by 29.1 per cent over the ...

16-Apr-09

Satyam And Public Policy

Livemint

The government agencies and the interim board that managed to sell Satyam Computer Services to Tech Mahindra deserve credit for a job well done. ...

16-Apr-09

Mastek's US unit, Flexi sign accord for insurance offerings

Indopia

Mumbai , April 15 IT solution provider Mastek Ltd said its US subsidiary Majesco Mastek has signed an agreement with Flexi Software to deliver integrated ...

16-Apr-09

SAP Enchances its Business Intelligence Software

enterpriser.in

By Enterpriser Staff | Apr 15, 2009 1641 hrs IST SAP Asia Pacific and Japan (APJ) has unveiled enhancements to SAP businessobjects Edge BI 3.1, ...

16-Apr-09

Sensex falls 248 pts in early trade on Infosys' results

Press Trust of India

Mumbai, Apr 15 (PTI) Snapping a seven-session winning streak, the Bombay Stock Exchange benchmark Sensex fell by over 248 points in early trade on emergence ...

16-Apr-09

Custom software outsourcing

Merinews

Software outsourcing has been lately acquired immense importance among the western nations. The article enlists the various prevalent trends and the regular ...

16-Apr-09

Satyam freshers in a fix

Siasat Daily

Hyderabad, April 15: The news of Tech Mahindra emerging as the highest bidder for Satyam Computer Services Ltd. evoked a mixed response from Satyam recruits ...

16-Apr-09

Satyam moves CLB to induct 4 Tech Mahindra officials on board

Indopia

New Delhi, Apr 15 Satyam Computer Services today moved Company Law Board (CLB) to seek its nod to induct four directors from Tech Mahindra, ...

16-Apr-09

Infosys Technologies

MorungExpress

AP Photo Infosys Technologies Ltd. Chief Executive Officer S. Gopalakrishnan, right, and Chief Financial Officer V. Balakrishnan pose for a photograph after ...

16-Apr-09

Wipro: Leader in Global IT Infrastructure Outsourcing

Merinews

Wipro has been named a leader by Independent Research Firm in Global IT Infrastructure Outsourcing in its report, Q1 2009. Wipro scored the highest in the ...

16-Apr-09

Infosys Technologies continues to slide

Myiris.com

The scrip has touched an intra-day high of Rs 1355 and low of Rs 1300.05. The total volume of shares traded at the BSE is 120723. In the earlier session, ...

16-Apr-09

Skelta Software Named Cool Vendor!

EFYTimes (press release)

Speaking on this recognition, Sanjay Shah, CEO, Skelta, said, "We are excited and honoured to have been named a "Cool Vendor" in Business Process Management ...

16-Apr-09

Infosys net up 29 percent in fourth quarter

Newstrack India

Bangalore, April 15 (IANS) Infosys Technologies Ltd posted a consolidated net profit of Rs.16.13 billion (Rs.1613 crore) for the fourth quarter ...

16-Apr-09

Satyam plunges 6% in morning trade

Hindu Business Line

MUMBAI: The Satyam Computer shares on Wednesday fell as much as six per cent on the Bombay Stock Exchange after the company's announcement that it would ...

16-Apr-09

Capt Gopinath gets support from IT Industry

Mangalorean.com

By Team Mangalorean Bangalore Bangalore, April 15: The IT industry came in full support of Capt Gopinath, the pioneer in introducing cheap air travel in the ...

17-Apr-09

Wipro focuses on crisis-proof biz segments

Economic Times

BANGALORE: Wipro Technologies, India's third biggest software exporter, has established a new practice for serving healthcare customers, ...

17-Apr-09

Infosys sees projects worth $1 bn coming up in India

Economic Times

BANGALORE: At a time when customers in its top markets of US and Europe are slashing their IT budgets, Infosys Technologies sees over $1 billion worth of ...

17-Apr-09

Finance dept, not HRD, managed Satyam payroll

Economic Times

HYDERABAD: The payroll at tainted Satyam Computer Services was managed entirely by its finance department, while the IT firm's human resources department ...

17-Apr-09

CLB seal on Satyam sale deal

Calcutta Telegraph

New Delhi, April 16: The Company Law Board (CLB) today cleared the decks for Tech Mahindra to acquire a 31 per cent stake in fraud-hit Satyam Computer ...

17-Apr-09

New Satyam directors get immunity shield

Times of India

NEW DELHI: The Company Law Board on Thursday granted immunity shield to the directors to be appointed on the Satyam board by Tech Mahindra, giving them a ...

17-Apr-09

Nokia ties up with HCL arm for direct sales

Economic Times

NEW DELHI: Nokia has entered into a joint venture (JV) with HCL Infocomm to set up exclusive retail outlets that sell handsets and services directly to ...

17-Apr-09

Infosys to freeze April wage hike, promotions

Business Standard

The impact of the global meltdown has forced India's second largest IT bellwether Infosys Technologies to freeze wage hikes and hiring in new fiscal 2009-10 ...

17-Apr-09

BG Srinivas top grosser among Infosys staff

Economic Times

BANGALORE: BG Srinivas, the head of European business at Infosys Technologies, is the highest paid executive in the country's second biggest IT services ...

17-Apr-09

Infosys a market performer: Khandwala Securities

Moneycontrol.com

Khandwala Securities has rated Infosys Technologies as a market performer with target price of Rs 1490 in its April 16, 2009 research report. ...

17-Apr-09

Meet Infosys' highest-paid execs

Times of India

Sensing a tough economic climate, the country's second-largest IT company Infosys Technologies has announced a salary and promotion freeze. ...

17-Apr-09

Reliance Money recommends 'Reduce' on Infosys

Economic Times

MUMBAI: Reliance Money has recommended ‘Reduce' call on Infosys Technologies with price target of Rs 1234. The brokerage is negative on the sector on ...

17-Apr-09

Infosys employee commits suicide

Times of India

MYSORE: Abhijith Mukherje (23), an employee of Infosys, allegedly committed suicide here on Wednesday. He was found hanging in his room on the campus. ..

17-Apr-09

Microsoft launches software for SMEs

Hindu Business Line

NEW DELHI: IT major Microsoft on Thursday launched its Window Server 2008 Foundation targeted at the SME segment and has partnered with HP and Dell to roll ...

17-Apr-09

Infosys China breaks even in Q4

Sify

Bangalore: Six years after it set up a subsidiary to address the neighbouring Chinese market, Infosys Technologies has achieved a break-even in that country ...

17-Apr-09

Karnik sees no merit in ICAI poser on Satyam stake sale timing

Hindu Business Line

New Delhi, April 16 The Satyam Chairman, Mr Kiran Karnik, has told Business Line that he is “really surprised and shocked” at the remarks made by the ICAI ...

17-Apr-09

Wipro BPO receives highest rating from IDC

CIOL

BANGALORE, INDIA: Indian IT leader Wipro Technologies, today said that its Business Process Outsourcing division, Wipro BPO has received the 'highest ...

17-Apr-09

Infosys Australia Launches New Consulting Business

EFYTimes (press release)

According to Jackie Korhonen, CEO, Infosys Australia, “Our new Consulting and Systems Integration practice will allow us to engage with clients earlier in ...

17-Apr-09

Tata Consultancy Services to Host Conference Call on Monday, April ...

IT News Online

MUMBAI, India, April 16 /prnewswire-firstcall/ -- Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), will host a conference call on Monday, ...

17-Apr-09

Mastek's US arm joins Flexi Software to expand its best-of-breed ...

Equity Bulls

Mumbai, April 15, 2009: Mastek, a leading IT solutions player with global operations in providing new technology and IP-led enterprise solutions to ...

17-Apr-09

IGG Software releases iBiz 4 Public Beta

TechWhack (press release)

IGG Software today announces the public beta of iBiz 4, a full-version upgrade to its market-leading application for time-tracking, billing and project ...

17-Apr-09

Mach Software Design releases Clipboard Evolved - Clipboard Manager

TechWhack (press release)

Mach Software Design today announced a new version of its flagship product, Clipboard Evolved. Clipboard Evolved 2.25 makes it fun and easy to manage all ...

 


14-Apr-09

Politicians keep mum as Tech Mahindra rescues Satyam

Economic Times

HYDERABAD: When Satyam Computer Services collapsed in a heap on January 7, many expected that the noise would reverberate during election time. ...

14-Apr-09

Bail petitions of Satyam accused filed

Economic Times

13 Apr 2009, 2159 hrs IST, PTI HYDERABAD: The bail petitions of Venkatpati Raju and Srisailam, arrested in connection with the multi-crore rupee Satyam ...

14-Apr-09

SFIO submits Satyam fraud report to govt, say sources

Times of India

13 Apr 2009, 2139 hrs IST, PTI NEW DELHI: The Serious Fraud Investigation Office is believed to have completed the investigation of the Satyam-fraud case ...

14-Apr-09

Timeline of events surrounding Satyam Computer

Economic Times

Dec 18 - Satyam board plans to meet Dec 29 to consider a share buyback to restore confidence. Dec 23 - Satyam barred from business with the World Bank for ...

14-Apr-09

Satyam ADRs plunge 17% in opening trade on NYSE

Economic Times

13 Apr 2009, 2158 hrs IST, PTI NEW YORK: American Depositary Receipts of IT firm Satyam Computer today plunged nearly 17 per cent within minutes of opening ...

14-Apr-09

Govt, industry pulled out Satyam from a disaster

Times of India

BANGALORE: If you go to the website enron.com, all that it will tell you is about the efforts of the Enron Creditors Recovery Corp's efforts ‘‘to reorganise ...

14-Apr-09

Enron, Satyam were alike in most ways, barring saved jobs

Economic Times

13 Apr 2009, 2154 hrs IST, PTI NEW DELHI: For all the tar on Satyam, dubbed as 'India's Enron', the company has managed to save thousands of jobs by selling ...

14-Apr-09

Satyam allots 63228 equity shares under stock option

Times of India

13 Apr 2009, 1207 hrs IST, PTI MUMBAI: IT firm Satyam Computer on Monday said it has allotted 63228 equity shares under its stock option plans. ...

14-Apr-09

Satyam has 450 acres of land valued at Rs 1700 crore

Economic Times

13 Apr 2009, 2131 hrs IST, PTI MUMBAI: Scam-hit Satyam Computer on Monday said it owns 450 acres of land, half of which is on freehold, valued at Rs 1700 ...

14-Apr-09

Satyam surges in flat market

NDTV.com

Amid modest gains in Asian markets, the key benchmark indices are trading higher in early deals today. Satyam Computer has surged on the bourses ahead of ...

14-Apr-09

Infosys welcomes Satyam's acquisition

Economic Times

14 Apr 2009, 0004 hrs IST, PTI "It is commendable that the government appointed board at Satyam has been able to bring a closure to the uncertainty ...

14-Apr-09

Satyam: Vast majority of customers stayed on

Economic Times

MUMBAI: The vast majority of customers of fraud-hit Satyam Computer Services have stayed on through the process of a stake sale in the company, ...

14-Apr-09

Satyam has 48000 staff on its rolls

Hindu Business Line

Satyam Computer Services currently employs 48000 people on its rolls. It had lost around 5000 employees during the September-March period of the past fiscal ...

14-Apr-09

Stocks to watch on Monday: Satyam, ONGC, JK Tyre

Economic Times

MUMBAI: Equities are likely to open higher on Monday tracking positive cues from global shores. However, given the sharp run-up in the recent sessions, ...

14-Apr-09

Is Tech Mahindra best Satyam suitor? Experts react

Moneycontrol.com

Tech Mahindra finally emerged as the winner to take over crisis-ridden Satyam Computer Services. Reacting to the news of Tech Mahindra winning the Satyam ...

14-Apr-09

Infosys fires 2100 employees

Khabrein.info

By Khabrein.Info Correspondent, Bangalore, April 14, 2009: India’s IT powerhouse Infosys has fired around 2100 employees. It is said that the employees were ...

14-Apr-09

Open: Markets surge by 1%; Satyam in focus

Livemint

New Delhi: Markets rose by 1% for a seventh straight session on Monday as Asian markets traded firmly. The main focus today is on the expected announcement ...

14-Apr-09

Software roulette

UTVi

The gist of it is that Wipro will honour all offers made to all 6000 graduates during 2007-8. These grads would join the company between May and December ...

14-Apr-09

Satyam Completes Bidding Process

Prdomain Business Register (press release)

13 Apr 2009 , Mumbai : Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company"), announced earlier today that the bidding ...

14-Apr-09

Infosys welcomes Satyam's acquisition

Indiatimes

"It is commendable that the government appointed board at Satyam has been able to bring a closure to the uncertainty surrounding Satyam's future", ...

14-Apr-09

Tech Mahindra wins Satyam bid for Rs 1757 crore

TelecomTiger 

Indian software company Tech Mahindra has gained the lead to emerge as the highest bidder for a 31 percent stake in the beleaguering firm, Satyam. ..

14-Apr-09

IT Sector Bad Times

Siliconindia.com

IT companies are about to show the negative results this quarter. The US accounts for 58% of the market and the UK another 19%. ...

14-Apr-09

India's L&T to hold on to Satyam stake: CFO

Reuters India

MUMBAI (Reuters) - India's Larsen & Toubro (LART.BO: Quote, Profile, Research), which has built up a 12 percent stake in Satyam Computer Services (SATY. ...

14-Apr-09

Tech Mahindra highest bidder to acquire Satyam

Times of India

13 Apr 2009, 1316 hrs IST, PTI MUMBAI: Ending the three-month ordeal of about 50000 employees, Tech Mahindra on Monday emerged as a top bidder for a 31% ...

14-Apr-09

HCL Tech Mar qtr net profit seen at Rs 244 cr: R Money

Moneycontrol.com

Reliance Money has come out with its earning estimates on IT Sector for the quarter ended March 2009. According to the research firm, HCL Technologies' ...

14-Apr-09

Emerald Software Enhances Workforce Management Solutions Through ...

IT News Online

ALPHARETTA, Ga., April 13 /prnewswire/ -- Emerald Software Group, LLC (Emerald Software, http://www.emeraldsoftwaregroup.com) announced today its strategic ...

14-Apr-09

Red Bend Software 'Continues to Dominate' in Firmware Over-the-Air ...

IT News Online

Increases Market Share to 60% of FOTA Shipments WALTHAM, Mass., April 13 /PRNewswire/ -- Red Bend Software, the market leader in Mobile Software Management ...

14-Apr-09

Disk Doctor announces Advanced Photo Recovery Software for Mac

TechWhack (press release)

Disk Doctors Labs today announced Advanced Photo Recovery for Mac OS X. Disk Doctors Photo Recovery recovers several image types, RAW photo formats, ...

14-Apr-09

TECH MAHINDRA WINS SATYAM BID

Star of Mysore 

New Delhi, Apr. 13- Tech Mahindra today outbid L&T and others and won the Satyam bid, according to reports. According to private TV channel sources, ...

14-Apr-09

Equities rise; Satyam, Tech Mahindra lead

Financial Express 

Mumbai: Equities rose 0.8 per cent on Monday morning, extending their rise into a seventh straight session, but all eyes were on Satyam Computer ahead of ...

14-Apr-09

Tech Mahindra emerges highest bidder to acquire Satyam

SamayLive

Mumbai, Apr 13 : Tech Mahindra has emerged the higgest bidder for beleagured Satyam Computer with Rs 58 a share for acquiring a 31 per cent stake in the IT ...

 


01-Apr-09

TCS, Infosys, Wipro eye Woolworth's $100 mn deal

Economic Times

BANGALORE: Top Indian tech firms TCS, Infosys and Wipro, along with multinational rivals IBM, Accenture and HP-EDS , are currently chasing an outsourcing ...

01-Apr-09

IBM to enter "cloud computing' software market

Reuters India

BOSTON (Reuters) - IBM Inc will sell a suite of Web-based collaboration software for businesses, including contact management, instant messaging and file ...

01-Apr-09

GM, Chrysler bankruptcy could hurt TCS the most

Economic Times

NEW DELHI/BANGALORE: The grave financial crisis at US automobile companies General Motors (GM) and Chrysler has put at risk deals worth nearly $1 billion ...

01-Apr-09

Satyam employees join BofA in a group

Business Standard

Even as most of the 50000-odd employees at Satyam Computer Services remain concerned about job and pay cuts, 250 to 300 employees working on the Merrill ...

01-Apr-09

Bidders given full access to liabilities, litigations of Satyam

Hindu Business Line

Hyderabad, March 31 The 4-5 shortlisted, serious bidders out to acquire Satyam Computer Services have been given full access to the liabilities and legal ...

01-Apr-09

Siemens PLM Software Announces Indian Channel Partner Award Winners

CAD CAM News (press release)

NEW DELHI, India - Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle ...

01-Apr-09

Spatial Delivers PMI with CAD Translation to Automotive and ...

CAD CAM News (press release)

BROOMFIELD, Colo - Spatial Corp., a leading provider of 3D development components for engineering and manufacturing software, delivers PMI data exchange ...

01-Apr-09

Nokia announces a new software update for the Nokia 5800 ...

Mobiletor.com

Nokia has recently introduced a software update for the Nokia 5800 xpressmusic phone. This update will enhance the performance of the device and also adds ...

01-Apr-09

Denali Software First to Ship PCI Express 3.0 Controller IP Cores

IT News Online

Early Adopters of pcie 3.0 to Benefit From Off-the-Shelf, Configurable pcie IP solutiontargetingincreased Performance SUNNYVALE, Calif., ...

01-Apr-09

Yield Software Launches Complete Web Marketing Suite

TechWhack (press release)

Yield Software (http://www.yieldsoftware.com) has announced the launch of the Yield Web Marketing Suite, introducing a simplified way to drive new internet ...

01-Apr-09

Progress Software Captains Shipping Technology Sea-Change

TechWhack (press release)

Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage ...

01-Apr-09

AIG denies liability insurance to Satyam

Moneycontrol.com

Satyam's legal liabilities might weigh heavily on the company's pockets. The word on the street is that its directors and officers liability insurance claim ...

01-Apr-09

Ilium Software Announces Support for Windows Mobile 6.5

TechWhack (press release)

In conjunction with the CTIA WIRELESS Conference, Ilium Software today announced support for soon-to-be released Windows Mobile 6.5 phones featuring a new, ...

01-Apr-09

VivoMetrics Partners With OBS Medical to Develop Decision Assist ...

IT News Online 

New dynamic health status index aims to improve patient safety and enhance outcomes by enabling telehealth providers to intervene earlier in patient care ...

01-Apr-09

New Pioneer Software From National Instruments Opens LabVIEW FPGA ...

IT News Online

Interface Gives C Developers the Ability to Easily Use FPGA Technology with Embedded Control and Acquisition Applications AUSTIN, Texas, March 31, ...

01-Apr-09

BJP to generate 1.2 crore jobs in IT sector: Naidu

The Week

Thiruvananthapuram: Pointing out that IT and Bio-technology were essential for the country to move forward, senior BJP leader Venkaiah Naidu today said his ...

01-Apr-09

RS Software allots 220000 equity shares to the Promoter on ...

Equity Bulls

RS Software India Ltd has announced that Mr. Rajnit Rai Jain, the Promoter and the Chairman & Managing Director of the Company has paid the balance 90% of ...

01-Apr-09

Wipro Named a Strong Performer by Independent Research Firm in ...

Merinews

Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that it was named a strong performer in global Information ...

01-Apr-09

Notification on TDS and TCS

Press Information Bureau (press release)

The Board has amended the rules relating to Tax Deduction at Source (TDS) and Tax Collected at Source (TCS) vide Notification No. SO858 (E) dated 25th March ...

01-Apr-09

Guardian Analytics Appoints Software Industry Veteran Terry Austin ...

IT News Online

MarkMonitor CEO and President Irfan Salim Joins Board of Directors LOS ALTOS, Calif., March 31 /PRNewswire/ -- The board of directors of Guardian Analytics, ...

01-Apr-09

ParaScale Cloud Storage Software Now Available

CIO India

ParaScale had been in beta with 15 or so customers, including Blue Coat Systems, Carpathia Hosting, the Stanford Genome Technology Center and Sony Pictures ...

01-Apr-09

CDC Software Releases Ross ERP

CIO India

The new version of Ross ERP automates, processes and provides documentation that helps chemical companies comply with their obligations under the specific ...

01-Apr-09

HCL, NDS join hands for cable TV digital services

Economic Times

HCL Infosystems and NDS have joined hands to enable local cable TV operators to launch digital services and increase their market share. ...

01-Apr-09

TCS, Wipro explore eco initiatives

Siliconindia.com 

By siliconindia news bureau Bangalore: Moving from traditional areas of expertise, Indian IT majors like Tata Consultancy Services (TCS) and Wipro are now ...

01-Apr-09

Quest Software Certified Under Dell ISV Partner Program for Foglight

IT News Online

Quest Software Inc., an enterprise systems management vendor, announced that it has been formally recognized as a certified partner in the Dell ISV Partner ...

01-Apr-09

Alisoft to spend $146 mln to market its software

Reuters India 

BEIJING, March 31 (Reuters) - A unit of Alibaba Group said on Tuesday it will spend up to 1 billion yuan ($146 million) over three years to promote its free ...

01-Apr-09

Kundapur: 'Govt Should Act as Motivator to Develop Kannada Software'

Daijiworld.com

Kundapur, Mar 31: Addressing a press conference held at the local Press Club recently, VM Kumaraswamy, president of 'EE-Kavi', an international forum for ...

01-Apr-09

Special Fraud Investigation sleuths grill Satyam auditors

MSN India

Hyderabad: Two former auditors of Price Waterhouse (PW) were grilled extensively and their statements were recorded on oath over Satyam scandal on the ...

01-Apr-09

Nigerian bank deploy`s Nucleus Software`s CASH@Will sol

Myiris.com

Nucleus Software Export today, Tuesday announced that Nigeria based First City Monument Bank (FCMB) has successfully deployed the company`s cash management ...

01-Apr-09

First City Monument Bank Nigeria Goes Live with Nucleus Software's ...

Equity Bulls

New Delhi, India | Lagos, Nigeria, Tuesday March 31, 2009: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of ...

01-Apr-09

SunTech Medical Releases Ambulatory Blood Pressure Monitor ...

IT News Online

SunTech Medical, Inc., a leading supplier of motion-tolerant blood pressure monitors and technology, announces the newest release of AccuWin Pro™ v3 ...

01-Apr-09

WL Ross among bidders for India's Satyam - reports

Reuters India

MUMBAI (Reuters) - Private equity firm WL Ross & Co is among the bidders to buy a majority stake in fraud-tainted outsourcer Satyam Computer Services Ltd, ...

01-Apr-09

Nokia 5800 XpressMusic software update available

ITvoir

Nokia's hot selling 5800 XpressMusic handset just got a little bit better. Available now, the free update promises faster Internet data, built-in dictionary ...

02-Apr-09

Indian ADRs: Tata Motors gains 8.7%, Satyam up 8.2%

Moneycontrol.com

Indian ADRs ended mixed on Wednesday. In the banking space, ICICI Bank was up 8.05% at $ 14.36 and HDFC Bank was up 2.38% at $ 62.38. In the IT space, ...

02-Apr-09

TCS plans to shift non-performers to subsidiaries

Economic Times

KOLKATA: Tata Consultancy Services (TCS) plans to move some of its employees to its subsidiary companies, as the country’s top software exporter clears its ...

02-Apr-09

Eltima Software releases Recover PDF Password: Recover PDF file ...

TechWhack (press release)

Eltima Software today released Recover PDF Password for Mac OS X, their new tool that retrieves lost PDF passwords. This handy solution easily unlocks ...

02-Apr-09

Satyam: IBM, WL Ross tie-up buzz gets stronger

Business Standard

Even as the shroud of secrecy over the bidding process for Satyam Computer Services stays, the buzz around two independent bidders — IT giant IBM and Wilbur ...

02-Apr-09

Software engineer found dead in Noida call centre

Newstrack India

Noida, April 1 (IANS) A software engineer was Wednesday found dead in the bathroom of the call centre he worked in here, the police said. ...

02-Apr-09

Will Big Blue buy Satyam?

Livemint

Bangalore: Stories of International Business Machines Corp.’s (IBM) interest in Satyam Computer Services Ltd were the stuff of which urban legends are ...

02-Apr-09

Satyam staff strength down by a quarter

Livemint

Hyderabad: The fraud-hit Satyam Computer Services Ltd may have lost as many as 13000 employees, or a quarter of its workforce, since January with some of ...

02-Apr-09

CBI to probe Satyam fund diversion

Economic Times

HYDERABAD: The Central Bureau of Investigation (CBI) will probe the diversion of funds from Satyam Computer Services after it files a chargesheet against B ...

02-Apr-09

Software receipts in Q3 fell 10% sequentially

Hindu Business Line

Mumbai/ Bangalore/ New Delhi, April 1 It’s official. The Indian IT sector, the pride of Indian exports, is generating fewer dollars, predominantly due to ...

02-Apr-09

Satyam to seek tech, financial bids in April second week

Hindu Business Line

Hyderabad, April 1 With due dilligence by bidders on track, the next round of submission of technical and financial bids for stake buy in Satyam Computer ...

02-Apr-09

Evolve Technologies Supports Emerging IT Industry Standards

TechWhack (press release)

Evolve Technologies (www.evolvetech.com), a company that specializes in information technology (IT) solutions for small businesses, and a Microsoft Gold ...

02-Apr-09

Panorama Software Unveils RC1 of novaview Version 6.0; Now ...

IT News Online

New Version Boasts Greater Flexibility, More Flash UI, More Robust Features; New Collaboration Options Also Available TORONTO, April 1 /prnewswire/ ...

02-Apr-09

GWI Software Pushes the Help Desk Software Bar Higher; Releases c ...

IT News Online

VANCOUVER, Wash., April 1 /prnewswire/ -- On its 17th anniversary, GWI Software announces the release of c.Support Version 8.0, a web-based help desk ...

02-Apr-09

Wilbur Ross: Satyam is an interesting company

Indopia

New Delhi, Apr 1 Amid reports suggesting that Wilbur Ross is in the race to acquire scam-ridden Satyam Computer Services, the American billionaire investor ...

02-Apr-09

Satyam Computer is interesting: Wilbur Ross

Economic Times

NEW DELHI: Billionaire investor Wilbur Ross, who is in the race to buy Satyam, has said on Wednesday that the IT firm is interesting but declined further ...

02-Apr-09

Infosys to apply for fewer H-1B visas

mydigitalfc.com

By Darlington Jose Hector Infosys Technologies on Wednesday said it will apply for lesser number of H-1B visas this year. Last year the company had applied ...

02-Apr-09

Young software engineer found dead in toilet

Indopia

Noida , Apr 1 A young software engineer was found dead in the toilet of his office in the wee hours, police said. The body of Sourabh Jain, 26, hailing from ...

02-Apr-09

WL Ross confirms being in fray for Satyam

Moneycontrol.com

Wilbur Ross has confirmed exclusively to CNBC-TV18 that he is in the race for Satyam bringing the total tally, that is known, to four, that is L&T, ...

02-Apr-09

250-300 Satyam employees may join Bank of America

domain-B

Things may be turning around for some Satyam employees. Around 250-300 Satyam Computer Services employees working on the Merrill Lynch project reported to ...

02-Apr-09

Eltima Software releases Flash’in’App 2.0 - Embed Flash inside Mac ...

TechWhack (press release)

Eltima Software today released Flash’in’App 2.0, a Cocoa framework which lets developers load and fully manage Flash movies right within Mac applications. ...

02-Apr-09

Smith Micro's Connection Management Software Selected For Mobile ...

PressReleasePoint (press release)

target="_blank">SMSI), a leading developer and marketer of mobility solutions and services for the wireless market, today announced that T-Mobile USA's ...

02-Apr-09

Satyam, IT Cos Bid for BSNL's Outsourcing Contract

CXOToday.com 

By CXOtoday Staff Scam-tainted Satyam Computer Services (SATYAMCOMP), which lost out on an earlier BSNL ERP contract due to its inability to produce a ...

02-Apr-09

Building a software product company in India: A Perspective

Siliconindia.com

One of the challenges of being a software product company in India is that professional services companies dominate the IT landscape. ...

02-Apr-09

Metaphor Software Releases Backpack, the World's First Socially ...

IT News Online 

Backpack allows parents to take an active role in their children's education while giving teachers more time to teach CHICAGO, April 1 /prnewswire/ ...

02-Apr-09

Sales Force Planning Software Is the First of Its Kind to Enter ...

IT News Online

callmix is the first sales force planning software package of its kind to enter the market; callmix is a simple yet powerful sales force planning tool that ...

02-Apr-09

SunTech Releases AccuWin Pro Ver 3 Software

CXOToday.com

By CXOtoday Staff SunTech Medical, a supplier of motion-tolerant blood pressure monitors and technology, has made available its latest AccuWin Pro ...

02-Apr-09

Pati, patni aur party

Hindustan Times

According to Rapchik Rajni, Arjun Rampal is on cloud nine after wrapping up the shoot for a commercial with Nicole Kidman. “He’s soaring, literally,” Rajni ...

02-Apr-09

Mastek`s US arm launches online billing module

Myiris.com

Mastek, today, announced that it`s wholly-owned US subsidiary majescomastek has introduced its new STG Electronic Bill Payment and Presentation (EBPP) ...

02-Apr-09

Wipro Regains Top Position On Greenpeace List

EFYTimes (press release)

On other end of the spectrum, HP, Lenovo and Dell saw their scores drop in this edition. Each of these three PC makers has been awarded penalty points for ...

02-Apr-09

GAO enhances T.30 fax control protocol software

Merinews

International leading provider of communications software to telecom GAO Research, has enhanced its T.30 fax control protocol software which implements ...

02-Apr-09

Progress Software Appoints Richard Reidy As CEO

EFYTimes (press release)

Reidy succeeds Joseph W Alsop, who co-founded the company in 1981. Alsop has resigned as president and CEO, and will not be standing for re-election to the ...

02-Apr-09

Now, a better' software for compressing files

Times of India

ANAND: Three budding engineers from AD Patel Institute of Technology (ADIT) college have come up with a computer software that they claim works better than ...

02-Apr-09

Siemens PLM Software Announces CP Award Winners

ChannelTimes.com (press release)

By ChannelTimes Staff Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a global provider of product lifecycle ...

02-Apr-09

RIM opens software store for BlackBerry

Indian Express

Toronto: Research In Motion has launched an online store selling entertainment, games, news, and travel applications to its BlackBerry users. ...

02-Apr-09

NDS-HCL announces cost-effective solution for India's digital ...

TV next

NDS, the leading provider of technology solutions for digital pay-TV, has announced a partnership with HCL Infosystems, India’s premier information enabling ...

02-Apr-09

RIM opens online software store for BlackBerry

Reuters India

By Wojtek Dabrowski and Sinead Carew TORONTO/LAS VEGAS (Reuters) - Research In Motion has launched an online store selling entertainment, games, ...

02-Apr-09

First City Monument Bank (FCMB) Nigeria Goes Live with Nucleus ...

India PRwire (press release)

Nucleus Software, a leading global provider of integrated software products for banks and financial institutions, today announced its Cash Management ...

02-Apr-09

Green eStep partners with Everest Software Inc to deliver ERP ...

India PRwire (press release)

Green eStep Technologies is a privately held software company, which specializes in ERP software development and support services for companies focusing on ...

02-Apr-09

Hexaware Technologies fixes Book Closure for Final Dividend & 16th AGM

Equity Bulls

Hexaware Technologies Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from April 29, 2009 to May 05, ...

02-Apr-09

Nifty slips below 3K; Bharti, ONGC, RIL, SBI, TCS lose

Moneycontrol.com

The benchmark indices retreated in the early trade following weak US futures. Dow Jones futures and Nasdaq Futures fell over 1% each. ...

02-Apr-09

Wipro named a strong performer by Independent Research Firm in ...

TechWhack (press release)

Report quotes “Wipro has set itself apart from other offshore providers with its emphasis on security.” Bangalore, March 31st, 2009 – Wipro Technologies, ...

02-Apr-09

IBM to enter 'cloud computing' software market

Economic Times

BOSTON: IBM Inc will sell a suite of Web-based collaboration software for businesses, including contact management, instant messaging and file sharing ...

02-Apr-09

Windows Embedded adopts software + services, Server version

ITvoir

Microsoft has made a slew of Windows Embedded announcements this week, all of which are targeted at the developers and companies who work with embedded ...

02-Apr-09

About 300 Satyam staff join Bank of America - paper

Reuters India

MUMBAI (Reuters) - About 250-300 employees at fraud-hit Indian outsourcer Satyam Computer Services are joining Bank of America, the Business Standard ...

02-Apr-09

RIM ready to launch software store for BlackBerry

Reuters India

By Wojtek Dabrowski TORONTO, April 1 (Reuters) - Research In Motion (RIM.TO: Quote, Profile, Research)(RIMM.O: Quote, Profile, Research) is launching an ...

03-Apr-09

HCL to freeze salary, cut bonuses

Siliconindia.com

By siliconindia news bureau Bangalore: Feeling the brunt of the downturn, HCL, India's one of the top IT companies, has decided to freeze the salary ...

03-Apr-09

Cincom Launches New Software Solution

ChannelTimes.com (press release)

By ChannelTimes Staff Designed to simplify the document generation procedure for large enterprises like banking and financial companies, Cincom's Eloquence ...

03-Apr-09

CBI to file Chargesheet in Satyam case on April 9

All India Radio

The CBI will file its charge-sheet against B Ramalinga Raju and other accused on 9th of this month in the multi-core Satyam accounting scam case. ...

03-Apr-09

Satyam board plans open auction for greater transparency

Economic Times

HYDERABAD: Satyam Computer Services on Thursday made minor changes in the bidding rules to select a new owner. In a move aimed at ensuring greater ...

03-Apr-09

RPT-UPDATE2-India's Satyam changes bidding process as sale nears

Reuters India

By Sumeet Chatterjee BANGALORE, April 2 (Reuters) - India's fraud-hit Satyam Computer Services (SATY.BO: Quote, Profile, Research) said on Thursday it has ...

03-Apr-09

Satyam board resorts to open bidding process

Hindu

HYDERABAD: Satyam Computer Services on Thursday altered the bidding process slightly for the acquisition of 51 per cent stake in the company and replaced ...

03-Apr-09

Satyam tweaks bidding rule

Calcutta Telegraph

Mumbai, April 2: The board of directors at Satyam Computer Services has agreed to an open auction for the software giant if there is a second round of ...

03-Apr-09

Koingo Software releases Amnesia 1.0 - Easily Uninstall Mac Apps

TechWhack (press release)

Koingo Software today announced the immediate availability of Amnesia 1.0 for Mac OS X. Amnesia performs a smart scan to determine all related files to be ...

03-Apr-09

Satyam revises bidding terms, open to auction

Daily News & Analysis

Hyderabadd: After facing criticism for not being transparent in conducting the bidding process, the government-appointed board of Satyam Computer Services ...

03-Apr-09

Charge sheet in Satyam case to be filed on April 9

Hindu

NEW DELHI: The Central Bureau of Investigation on April 9 will file the first charge sheet against Satyam founder B. Ramalinga Raju and other accused, ...

03-Apr-09

No second round of bidding for Satyam

Business Standard

Satyam Computer Services today modified the bidding process to ensure that if no bid comes within at least 90 per cent of the highest bid, ...

03-Apr-09

HCL goes for salary freeze, bonus cutbacks

Business Standard

IT major HCL Technologies has decided to mitigate pressures on operating margins by freezing salary increments through 2009-10. ...

03-Apr-09

Boinx Software announces BoinxTV 1.2

TechWhack (press release)

Boinx Software today announced the release of BoinxTV 1.2, a free update to its live production software. BoinxTV is a revolutionary tool for creating Live ...

03-Apr-09

Satyam is cash surplus again

Hindu Business Line

Chennai, April 2 With prospective buyers set to make their bids, Satyam Computer, which was struggling to even meet its January salary bill, now reports a ...

03-Apr-09

What is the Satyam-Upaid case about?

Hindu Business Line

Chennai, April 2 The Upaid suit of $1 billion against Satyam for forgery is one of the major legal liabilities that prospective buyers are currently ...

03-Apr-09

CBI chargesheet against Satyam's Raju on April 9

IBNLive.com

PTI UNHOLY FUDGE: Satyam's ex-chief B Ramalinga Raju had confessed to fudging the company's account books. ibnlive.com is on mobile now. ...

03-Apr-09

CBI to file charge-sheet against Raju in Satyam case on April 9

Hindu

New Delhi (PTI): The CBI will file the charge-sheet on April 9 against Sataym founder B Ramalinga Raju and other accused, which could lead to beginning of ...

03-Apr-09

HCL Tech country's best employer: Hewitt study

Economic Times

2 Apr 2009, 2028 hrs IST, PTI NEW DELHI: Software major HCL Technologies is the country's best employer for creating a positive work experience for ...

03-Apr-09

PINC Research negative on IT sector

Moneycontrol.com

PINC Research has a negative view on Indian IT services sector. The industry is experiencing multiple headwinds along with the slowdown that will play out ...

03-Apr-09

CBI to file Satyam chargesheet on April 9

Times of India

NEW DELHI: The Central Bureau of Investigation (CBI) will file April 9 its first charge sheet in the Rs.78 billion ($1.5 billion) Satyam fraud, ...

03-Apr-09

Haemonetics Bolsters Blood Bank Information Management Portfolio ...

IT News Online

BRAINTREE, Mass. and CHICO, Calif., April 2 /prnewswire-firstcall/ -- Haemonetics Corporation (NYSE: HAE), a global blood management solutions company, ...

03-Apr-09

New Study Finds That Most Common Registry Cleaner Software ...

IT News Online

ORANGE, Calif., April 2 /PRNewswire/ -- The Windows registry experts of Macecraft Software have today released the final report of the in-depth study of the ...

03-Apr-09

CSC to Roll Out Java Version of Its Leading Software Suite for Top ...

IT News Online

First Client Commits to deploycsc's Exceed J FALLS CHURCH, Va., April 2 /prnewswire/ -- CSC (NYSE: CSC) today announced its plans to roll out Exceed J, ...

03-Apr-09

Panorama Software Unveils RC1 of NovaView Version 6.0; Now ...

PressReleasePoint (press release)

Panorama Software, a global leader in Proactive Business Intelligence (BI) solutions, today previewed the first fully supported release candidate of ...

03-Apr-09

Wyeth Reduces Risk with Dyadem Software

IT News Online

TORONTO, April 2 /PRNewswire/ -- Dyadem, the market leader in Quality Lifecycle Management and Risk Lifecycle Management solutions, has announced that Wyeth ...

03-Apr-09

Infomedia 18 acquires Burrp Software (P)

Myiris.com

Infomedia 18 announced that the company has acquired the local information and social media business of Burrp Software (P) on going concern basis including ...

03-Apr-09

After VMware, HP likely to work with Microsoft for data protector ...

CIOL

MUMBAI, INDIA: Hewlett Packard has introduced enhancements to its Data Protector software, which currently supports eight different methods of VMware ...

03-Apr-09

Anti-virus software to keep your computer virus free

Merinews

Anti-virus software works with the function of performing prevention, detection, inoculation and Vaccination. Anti-virus programmes may be defensive or ...

03-Apr-09

Law for Afghan Shi'ites stirs anger and concern

Reuters India

By Golnar Motevalli KABUL (Reuters) - A new law for Shi'ite Muslims in Afghanistan has provoked anger among some lawmakers while the United Nations has said ...

03-Apr-09

NII Holdings Selects Smith Micro Software for Its Premier Mobility ...

IT News Online

Multimedia suite will be available to NII subscribers inLatin America LAS VEGAS,April 2 /PRNewswire-FirstCall/ -- CTIA Wireless 2009 -- Smith Micro Software ...

03-Apr-09

Royal Dirkzwager picks Progress Software solutions

TopNews

The maker of business application infrastructure software – Progress Software Corporation yesterday announced that its Progress Software solutions have been ...

03-Apr-09

IDS software expands amidst recession

Siliconindia.com

By siliconindia news bureau Bangalore: The global recession does not deter Bangalore based software product firm IDS Softwares to expand its operations. ...

03-Apr-09

Enterprise software market to see flat growth

CIOL

STAMFORD, USA: Worldwide enterprise software revenue is forecast to total $222.6 billion in 2009, reflecting a "flat" 0.3 percent growth rate from 2008 ...

03-Apr-09

TCS plans to move non-performers to subsidiaries

Siliconindia.com

By siliconindia news bureau Kolkata: Indian IT major Tata Consultancy Services (TCS) is moving some of its employees to its subsidiary companies, ...

03-Apr-09

TCS likely to move non-performers to subsidiaries

Myiris.com 

Tata Consultancy Services (TCS), India`s largest software exporter is mulling to shift non-performing employees to its subsidiary companies, ...

03-Apr-09

Custom software development services in India

Merinews 

Gateway technolabs is a specialist software outsourcing and offshore software development company from India specialising in the business of providing ...

03-Apr-09

TCS To Move Non-Performing Employees To Subsidiaries

EFYTimes (press release)

TCS is expected to shift some of its non-performing employees to its subsidiary companies, as it strives to raise the performance bar and optimise resources ...

03-Apr-09

First of its Kind Software Saves Homeowners Thousands

IT News Online

All Sales of Accompanying E-Book for Tips to Negotiate with Lenders Goes to Charity PHOENIX, April 2 /PRNewswire/ --Preparing taxes with a simplified ...

03-Apr-09

I work for Satyam: Will I get a home loan?

IBNLive.com

MONEY TALKS: Getting a home loan is not as easy as it used to be a few years back. ibnlive.com is on mobile now. Read news, watch videos be a Citizen ...

04-Apr-09

ICAI chief to grill Satyam auditors on Sunday

MSN India

New Delhi: The Institute of Chartered Accountants of India (ICAI), the apex body that regulates the profession, has been permitted to record the statements ...

04-Apr-09

Satyam bidders to seek clarifications on financial status

Ub News

Satyam bidders met the board of Satyam Computers on Friday to seek clarifications on some issues before putting in financial bids. ...

04-Apr-09

HCL announces salary freezes and bonus cutbacks for all employees

Stock Watch

Treading the beaten track of global Information Technology peers, IT biggie HCL Technologies has also announced salary freezes and bonus cutbacks for its ...

04-Apr-09

St. Clair Software releases Default Folder X 4.2 - Adds OpenMeta ...

TechWhack (press release)

St. Clair Software today announced the release of Default Folder X 4.2. Default Folder X enhances the file dialogs in all Mac OS X applications. ...

04-Apr-09

A software to listen to your bike, and diagnose its problem

Indian Express

Allababad: Always wondered how did the mechanic next door gauge the problem in your bike by listening to the sound of the throttle? ...

04-Apr-09

Bidders against changes to Satyam bid format

Daily News & Analysis

Hyderabad: Officials of infrastructure major L&T and Tech Mahindra were among those who met the board of directors of Satyam Computer Services as the board ...

04-Apr-09

Satyam board meets bidders

Calcutta Telegraph

Mumbai, April 3: Satyam Computer’s board of directors today met bidders, including Larsen & Toubro and Tech Mahindra, as part of a due diligence exercise to ...

04-Apr-09

Satyam suitors seek clarity on financial status

Economic Times

MUMBAI: Some of the bidders of Satyam Computer Services met the board of the fraud-hit software exporter on Friday to seek clarifications on some issues ...

04-Apr-09

Cognizant back in search of Satyam

Business Standard

Nasdaq-listed Cognizant Technology Solutions, which did not complete the due diligence process for Satyam Computer Services, is understood to be back in the ...

04-Apr-09

Bidders urge Satyam to push submission deadline

Hindu Business Line

Mumbai/ New Delhi, April 3 Bidders eyeing a controlling stake in Satyam Computer Services have requested the Government-appointed board for an extension of ...

04-Apr-09

ICAI President to quiz Satyam auditors

Hindu Business Line

New Delhi, April 3 The two tainted partners of audit firm Price Waterhouse, who are in judicial custody at Hyderabad, will be quizzed on April 5 by the CA ...

04-Apr-09

TCS to implement terrestrial trunked radio system in Maharashtra

Hindu Business Line

Despite its status as the country’s financial capital, Mumbai has shown time and again how vulnerable it can be. During these times, be it floods or terror ...

04-Apr-09

Satyam refines bidding process to select investor

Equity Bulls

Hyderabad, INDIA, April 2, 2009: Satyam Computer Services Ltd. (NYSE:SAY; BSE:SATYAM; NSE:SATYAMCOMP) (the "Company") announced that it had submitted a ...

04-Apr-09

D&O liability insurance in demand after Satyam fraud

Livemint

Mumbai: The fraud at Satyam Computer Services Ltd has seen an increase in demand for directors’ and officers’ (D&O) liability insurance, with at least 500 ...

04-Apr-09

ICAI to question two ex-PW auditors in Satyam case on April 5

Indopia

New Delhi, Apr 3 Accounting regulator ICAI today said it will question two former Price Waterhouse auditors S Gopalakrishnan and Talluri Srinivas on Sunday, ...

04-Apr-09

Satyam Computer Board meets bidders

Times of India

3 Apr 2009, 1956 hrs IST, PTI MUMBAI: Satyam Computer's board of directors on Friday met its bidders including Larsen & Toubro and Tech Mahindra here as ...

04-Apr-09

Open auction if bids within 90% of top bid: Satyam

Central Chronicle

Adding a new element for strategic sale to get higher value, Satyam on Thursday announced that it would conduct open auction in case there are one or more ...

04-Apr-09

Satyam update on stake sale tomorrow

Business Standard

The Satyam board today met informally in Mumbai to take stock of the ongoing process and assess the technical competence of suitors for the scandal-hit IT ...

04-Apr-09

Satyam top brass agree to forgo salary revisions in FY 09

Economic Times

HYDERABAD: In a show of solidarity towards Satyam Computer Services in the current crisis, top level executives of the company have decided to forego a ...

04-Apr-09

Satyam to go for open auction if bids fall with in 90 per cent of ...

domain-B

Satyam Computer Services Ltd has submitted a letter to the Securities and Exchange Board of India (SEBI) relating to a slight modification in the bidding ...

04-Apr-09

ICAI to interrogate two auditors in Satyam case on April 5

Indiatimes

NEW DELHI: Accounting regulator ICAI on Friday said it will interrogate on April 5 two sacked auditors of Price Waterhouse -- S Gopalakrishnan and Srinivas ...

04-Apr-09

Satyam fraud: CBI to seek details of Raju's bank accounts in US

Economic Times

3 Apr 2009, 1744 hrs IST, PTI NEW DELHI: The CBI probing the multi-crore financial scam in Satyam Computer will soon approach the US to get the details of ...

04-Apr-09

NEC and HCL Team Up to Produce Content Management Solutions

Equity Bulls

Tokyo/ Noida - NEC Corporation and HCL Technologies, Ltd. announced today an agreement to form an alliance to produce a new enterprise content management ...

04-Apr-09

Disk Doctors intros XFS Data Recovery Software

CIOL 

ATLANTA, USA: Disk Doctors Labs, Inc. has released the Disk Doctors XFS Data Recovery Software. The software supports XFS file system, which is an old ...

04-Apr-09

Slight change in Satyam bidding rules - open auction to replace ...

Stock Watch

The Satyam Computer Services auction for the acquisition of 51 percent stake in the company have been changed slightly, to meet the demands of some of the ...

04-Apr-09

Bailout program for severe software errors

CIOL

CHICAGO, USA: Chicago-based managed web-hosting provider, SingleHop, Inc. has announced the release of the rescue console Server Bailout System. ...

04-Apr-09

Digg launches pervasive, software-free toolbar

ITvoir

Digg.com has just launched a brand new feature called the DiggBar, which as mentioned in a previous post, lets users make use of Digg's voting and community ...

04-Apr-09

Automotive Giant Continental Chooses IBM Lotus Software for ...

Prdomain Business Register (press release)

2 Apr 2009 , Stuttgard, Germany : When automotive manufacturer Continental AG acquired Siemens VDO, the new combined organization selected IBM (NYSE: IBM) ...

04-Apr-09

Software to Compare Popularity of Bollywood Stars

myPOPKORN 

Apr 3, 2009: There are many actors who claim to be number one in Bollywood, but now a software that will compare popularity of different actors is now ...

04-Apr-09

HCL to cut salary increments

Myiris.com

In order to ease pressure on operating margins, HCL Technologies will cut salary increments through 2009-10, reports Business Standard. ...

04-Apr-09

HP Adds Enhancements to Data Protection Software

ChannelTimes.com (press release)

By ChannelTimes Staff HP has announced enhancements to HP Data Protector Software. With these enhancements, the software offers complete protection for ...

04-Apr-09

India's Satyam Computer changes bidding process

CIOL

MUMBAI, INDIA: Fraud-hit Satyam Computer Services said on Thursday it has modified the bidding process for a controlling stake to rank qualified bidders ...

04-Apr-09

HCL freezes salary, cuts bonus

Times of India

NEW DELHI: Salary freeze and a cut in variable pay seem to be increasingly becoming a rule at IT companies. Following in the footsteps of its global and ...

04-Apr-09

HCL Tech country's best employer: Hewitt study

ITvoir

Software major HCL Technologies is the country's best employer for creating a positive work experience for employees and its long-term approach amid ...

04-Apr-09

Satyam back on track; Clears salary and other liabilities

Siliconindia.com

By siliconindia news bureau Chennai: Satyam Computer, which was struggling to even meet its January salary bill, now reports a small cash surplus. ...

04-Apr-09

Of a BPO staffer and extortion

Express Buzz

HYDERABAD: In a crime plot that seems to have been inspired by reel life, a couple tried to extort money from a builder. B Raju, a welder and his Vijaya ...

04-Apr-09

NGOs Can Now Use BUSY Software Free Of Cost!

EFYTimes (press release)

BIPL will be the fourth donor besides Microsoft, Eagle Net and Bytes of Learning under NF’s BiG Tech programme. BiG Tech assists NGOs, charities and ...

04-Apr-09

Cincom Systems Launches Document Composition Software Solution

Network Computing 

Software and solutions company Cincom Systems, recently announced the launch of Eloquence, a document composition software solution, designed to simplify ...

04-Apr-09

HCL freezes salaries, cuts bonuses

Rediff

The financial meltdown has ensured that almost all companies are implementing cost-cutting strategies. We begin a new series where we outline the measures ...

04-Apr-09

Satyam reports a cash surplus

Myiris.com 

Satyam Computer Services (Satyam), which was earlier struggling to meet its January salary bill, has reported a cash surplus, reports Business Line. ...

04-Apr-09

No second round of bidding for Satyam

MSN India

Hyderabad: Satyam Computer Services Thursday modified the bidding process to ensure that if no bid comes within at least 90 per cent of the highest bid, ...

04-Apr-09

Satyam employees fear job loss after takeover

Rediff

The government-appointed board of Satyam Computer Services [Get Quote] will meet informally in Mumbai on Friday to take stock of the ongoing bidding process ...

04-Apr-09

Hard battle for software

Express Computers

To understand the issue in its totality, one must first know the various ways in which software is sold. Shrink-wrapped package: The software is available ...

04-Apr-09

What is the Satyam-Upaid case about?

Sify

Chennai: The Upaid suit of $1 billion against Satyam for forgery is one of the major legal liabilities that prospective buyers are currently assessing. ...

06-Apr-09

Satyam ex-CFO gives clean chit to PwC in fraud

Economic Times

MUMBAI: In a significant development, former Satyam Computer CFO Vadlamani Srinivas has told representatives of the Institute of Chartered Accountants of ...

06-Apr-09

Satyam race: Four suitors reach final lap

Economic Times

HYDERABAD/MUMBAI: Four serious suitors have reached the final lap in the race to buy Satyam Computer Services, after the government-appointed board advanced ..

06-Apr-09

RIL, TCS on list of firms that paid Summers

Times of India

NEW DELHI: Indian corporate giants Reliance Industries and Tata Consultancy Services figure in the list of companies that paid money to former US treasury ...

06-Apr-09

HCL bags 5-year services contract from Microsoft

Economic Times

NEW DELHI: HCL Technologies is learnt to have bagged a five-year IT services contract from software giant Microsoft worth close to $170 million,

06-Apr-09

Nifty tests 3300 in early trade: HCL Tech, DLF, Axis Bk up

Moneycontrol.com

The markets opened on a strong note. The Sensex was trading over the 10600 mark and the Nifty tested the 3300 mark in the early trade. Stocks like HCL Tech, ...

06-Apr-09

Stocks to watch: Satyam, HCL Tech, Maruti, Oswal Chemicals, Religare

Economic Times

MUMBAI: Oil prices rose above $53 in Asian trade today on hopes a global effort to lift the world economy out of recession would yield results. ...

06-Apr-09

Odyssey Tech sees good market for its specialised software

Economic Times

CHENNAI: Chennai-based Odyssey Technologies, which has developed a special software for issuing electronic statements with digital signatures, ...

06-Apr-09

Software engineer commits suicide

Times of India

HYDERABAD: A 28-year-old software engineer committed suicide by jumping from the terrace of her apartment complex in AC Guards on Sunday. ...

06-Apr-09

Jivox Software sees more biz in downturn, break-even in 1-year

Economic Times

5 Apr 2009, 1114 hrs IST, PTI MUMBAI: Leading on-line video advertising company, Jivox Software India, is eyeing break-even in one year, a top company ...

06-Apr-09

Infosys, Wipro and ICICI Bank ADRs gain big in one week

Economic Times

5 Apr 2009, 1310 hrs IST, PTI NEW YORK: Indian companies trading on the American bourses witnessed their market capitalisation jumping by about $8 billion ...

06-Apr-09

Infosys, Wipro and ICICI Bank ADRs gain big in one week

Economic Times

5 Apr 2009, 1310 hrs IST, PTI NEW YORK: Indian companies trading on the American bourses witnessed their market capitalisation jumping by about $8 billion

06-Apr-09

Software tracks tigers by their stripes

Times of India

BANGALORE : Poachers can't get away so easily now. A poached skin can be traced back and matched to a specific tiger from which it was taken and the area ...

06-Apr-09

25-year-old BPO staffer found dead

Times of India

NEW DELHI: A 25-year-old call centre employee was found dead under mysterious circumstances in his flat at Khirki Extension area of south Delhi on Saturday.

06-Apr-09

Govt devising ways to reduce double tax on packaged software

Economic Times

5 Apr 2009, 1150 hrs IST, PTI NEW DELHI: In a bid to help packaged software segment from double taxation, the government is working on ways to reduce the ...

06-Apr-09

Enterprise software to be flat in 2009

ITvoir

According to a Gartner report, worldwide enterprise software revenues will be flat in 2009. The research organization had previously pegged growth at 6.6 ...

06-Apr-09

Stocks to watch: Unitech, Apollo Hospitals, Satyam...

Myiris.com

Maruti Suzuki India (MSI), has asserted that its popular hatchback Alto has recorded highest ever sales in March at 23569 units, thereby crossing the 20000 ...

06-Apr-09

HCL Wins Data Services Outsourcing Deal From Xerox

EFYTimes (press release)

Under the deal, HCL will manage data centre hosting and migration, virtualisation, consolidation and storage architecture services across North America and ...

06-Apr-09

HCL Tech signs 6-year deal with Xerox; stk gains 11.2%

Moneycontrol.com

According to Nirmal Bang's report, for today's session intra day support for nifty exists at 3155-3110 and a fall below can take nifty to 3050-3010 levels ...

07-Apr-09

HCL enters into 6-yr deal with Xerox

Economic Times

NEW DELHI: IT services firm HCL Technologies on Monday announced that it has signed a six-year, multi-regional data centre services and transformation deal ...

07-Apr-09

3 executives of Satyam arrested

Hindu

HYDERABAD: Three executives of Satyam Computers in its finance wing, who were arrested by the Central Bureau of Investigation (CBI) late on Sunday night, ...

07-Apr-09

IT workers' union wants EC to shelve Satyam sale

Economic Times

HYDERABAD: A union of information technology workers, Unites, has asked India’s Election Commission to intervene and shelve Satyam’s sale process until a ...

07-Apr-09

Forrester offers fresh advisory to Satyam customers

Economic Times

HYDERABAD: Research firm Forrester on Monday advised Satyam customers to seek an alternate plan for shifting their projects, even as the scandal-hit company ...

07-Apr-09

IBM pulls out of race for Satyam on lawsuit fears

Business Standard

Global information technology giant IBM is understood to have finally pulled out of the race for Satyam Computer Services on fears that it could face a ...

07-Apr-09

Nifty inches ahead; Suzlon, HCL Tech top gainers

Economic Times

MUMBAI: Indian markets found some support with the positive opening of European markets. Realty, metals and capital goods space provided support while FMCG ..

07-Apr-09

HCL freezes increments for senior managers

NDTV.com

PTI IT major HCL Technologies has informed its employees that there will not be any wage hike for its senior managers in the financial year ending July 31, ...

07-Apr-09

‘Satyam sale brings in fresh phase of uncertainty’

Hindu Business Line

Hyderabad, April 6 Forrester Research Inc has advised the clients of Satyam Computer Services to firm up their Plan-Bs, as the Satyam sale opens up a fresh

07-Apr-09

Mkts trading higher; RIL, Infosys, Bharti, ITC lead

Moneycontrol.com

At 11.29 hrs IST, the markets were trading higher but off the day’s high. Stocks like Reliance, Infosys, Bharti Airtel, ICICI Bank, ONGC and HDFC were the ...

07-Apr-09

Satyam owes four Indian banks Rs 800-900cr

Moneycontrol.com

The board members of Satyam have been using their good offices to keep the beleaguered IT company afloat. CNBC-TV18 learns that Satyam has borrowed nearly ...

07-Apr-09

Satyam scam started with adjustment of Rs 10cr 5-6 years ago'

Press Trust of India

Mumbai, Apr 6 (PTI) It all started as an adjustment of Rs 10 crore around 5-6 years ago and the malpractice continued quarter after quarter before the ...

07-Apr-09

Cranes Software intros eta/VPG software

CIOL

BANGALORE, INDIA: Cranes Software announces the release of finite element modeling software eta/VPG Version 3.4. This version features the debut of ...

07-Apr-09

HCL bags $170 Million IT deal from Microsoft

Siliconindia.com

By siliconindia news bureau New Delhi: HCL Technologies has reportedly bagged a five-year IT services contract worth close to $170 million from software ...

07-Apr-09

Computer Planet is now a software distributor

CIOL

CHENNAI, INDIA: Chennai-based sub-distributor Computer Planet has forayed into software distribution. The company has started dealing with packaged or ...

07-Apr-09

Siemens PLM Software-Sponsored Race Teams Dominate, Winning Five ...

CAD CAM News (press release)

PLANO, Texas -Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle

07-Apr-09

Collaborative Software Initiative Introduces Open Market Data Feed ...

IT News Online

Initial Tests on Intel(R) Xeon(R) 5500 Processor Series Show OPRA Feed Handler Performs at Latencies Measured in Hundreds of Nanoseconds NEW YORK, ...

07-Apr-09

SaaS Offering to Packaged Software

CIO India

"Some companies had issues with putting information out on the cloud, because of security and compliance concerns," says Rick McEachern, co-founder and ...

07-Apr-09

BMC Software’s Business Service Management Platform Drives New ...

TechWhack (press release)

Axon Computer Systems’ selection of BMC Software’s (NYSE:BMC) Business Service Management (BSM) platform has enabled the New Zealand-based technology ...

07-Apr-09

Microsoft Software-plus-Services marketing vid teases Windows ...

ITvoir

Our initial reaction to the all-too-brief shots of mobile devices in this slick, high-gloss marketing video provided by Microsoft was that the company had ...

07-Apr-09

Carlsberg Awards Consulting and IT Services Contract to Accenture

TechWhack (press release)

Accenture (NYSE: ACN) will provide Carlsberg IT with management consulting, systems integration, application development, application maintenance and ...

08-Apr-09

Wipro sacks 33 employees

Times of India

NEW DELHI: IT companies HR teams too have not been left untouched by pinkslips. According to a web report, Wipro has given marching orders to as many as 33 ...

08-Apr-09

Satyam case set for trial

Times of India

HYDERABAD: The stage is set for the multi-crore Satyam fraud case to go to trial with the Central Bureau of Investigation (CBI) filing its charge sheet ...

08-Apr-09

TCS ties up with Rajasthan Royals

Hindu

Mumbai: Lanky seamer Siddharth Trivedi credited Rajasthan Royals captain Shane Warne for giving him the freedom to use the slower and yorker-length ...

08-Apr-09

Tech Mahindra to take final call on Satyam bid next week

Economic Times

MUMBAI: IT firm Tech Mahindra seems to be having second thoughts on bidding for the scam-hit Satyam Computer Services. Tech Mahindra, which has been given ...

08-Apr-09

Wipro number one Green Brand

Hindu Business Line

BANGALORE: Wipro Infotech on Tuesday said it has been rated India's number one Green Brand and is named among the top five brands in the world, .

08-Apr-09

TCS bags $80m deal from UK company

Times of India

HYDERABAD: TCS, India’s biggest software exporter, has won an $80 million outsourcing contract from UK’s Child Maintenance and Enforcement Commission (CMEC) ...

08-Apr-09

Stocks to watch: RIL, RPL, Wockhardt, Essar Oil, Tata Motors, DLF ...

Economic Times

MUMBAI: Oil prices fell in Asian trade on Wednesday as concerns of poor corporate earnings. New York's light sweet crude for delivery in May, fell to $48.24 ...

08-Apr-09

Bunked? New software will tell all

Times of India

BANGALORE: No more bunking to pack in movies, outings, dates... not when Big Brother is silently recording and uploading it on the university website. .

08-Apr-09

TCS bags $ 80mn outsourcing contract; stk down

Moneycontrol.com

Tata Consultancy Services, TCS had touched an intraday high of Rs 572 and an intraday low of Rs 550. At 10:15 am, the share was quoting at Rs 565, ...

08-Apr-09

IBM pulls out of Satyam race on lawsuit fears; stk up

Moneycontrol.com

Satyam Computer Services had touched an intraday high of Rs 47 and an intraday low of Rs 43.15. At 10:02 am, the share was quoting at Rs 46.15, up Rs 0.95, ...

08-Apr-09

BPO workers union wants Satyam sale halted

Hindu Business Line

NEW DELHI: A union of IT and BPO workers has written to the Election Commission to halt the sale process of fraud-hit Satyam Computer until a new government ...

08-Apr-09

Infosys to work as IT consultant for Rajasthan power cos

Economic Times

7 Apr 2009, 1354 hrs IST, PTI JAIPUR: Rajasthan government-run power companies have appointed IT major Infosys as consultant for implementing centre-funded ...

08-Apr-09

Satyam case: CBI allowed to take specimen signatures of accused

Hindu

Hyderabad (PTI): A local court in Hyderabad on Tuesday allowed the CBI to obtain specimen signatures and handwriting of former Satyam Chairman B. Ramalinga ...

08-Apr-09

Axon buy, forex bets a drag on HCL

Livemint

Hyderabad: The late 2008 acquisition of the UK’s Axon Group Plc. for nearly half-a-billion dollars and costs associated with a large currency hedge position ...

08-Apr-09

CBI files chargesheet against Raju, 8 others Satyam scam case

Chennai Online

Hyderabad, Apr 7 After a six-week long probe into Satyam scam case, CBI today filed the 300-page chargesheet in the designated court here against Raju, ...

08-Apr-09

CBI files chargesheet against Satyam founders

MyNews.in

New Delhi : The Central Bureau of Investigation (CBI) on Tuesday filed a chargesheet against the founder and former chairman of Satyam Computer Services and

08-Apr-09

Cranes Software Announces the Release of Product Development ...

CAD CAM News (press release)

Bangalore : Cranes Software announces the release of finite element modeling software eta/VPG Version 3.4. This version features the debut of integrated ...

08-Apr-09

Wipro Wins Best New BPO Locator Award

TechWhack (press release)

Bangalore, India – April 6, 2009: Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that its Business Process ...

08-Apr-09

HCL Tech clinches $100 million deal with Xerox

domain-B

Information technology firm HCL Technologies on Monday said it has entered into a $100-million six-year transformation agreement with US-based document ...

08-Apr-09

Have Plan B in Place: Forrester to Satyam Clients

CXOToday.com

By CXOtoday Staff Lack of financial data and unknown legal liabilities of Satyam could see the deal falling through, said IT consultancy firm Forrester ...

08-Apr-09

Sonata Software appoints Ram Subramanya as Head—SAP Business

CIOL

BENGALURU, INDIA: Sonata Software announced the appointment of Ramachandra Subramanya as Head—SAP business. In this position, Subramaya will oversee SAP ...

08-Apr-09

GAO Research launches V.92 modem software

Merinews

Leading provider of communications software, GAO Research Inc, recently announced the alunch of advanced version of V.92 modem software. ...

09-Apr-09

The story behind CBI’s Satyam investigation

NDTV.com

A voluminous 65000 page chargesheet in the Satyam case was produced in the CBI court in Hyderabad on Tuesday and it was filed in a record 45 days since the ...

09-Apr-09

Satyam board members to meet on Thursday

Times of India

8 Apr 2009, 1929 hrs IST, PTI MUMBAI: Board members of Satyam Computer will meet on Thursday to take forward the process of selling 51% stake in the company

09-Apr-09

Nifty stages recovery; HCL Tech, Tata Motors up

Economic Times

MUMBAI: Aggressive buying in realty and oil & gas and some recovery in banking and metal space helped benchmarks to pare almost all intra-day losses. ...

09-Apr-09

Wipro sacks 33 employees

Times of India

NEW DELHI: IT companies HR teams too have not been left untouched by pink slips. According to a web report, Wipro has given marching orders to as many as 33 ...

09-Apr-09

TCS bags $80m deal from UK company

Times of India

HYDERABAD: TCS, India’s biggest software exporter, has won an $80 million outsourcing contract from UK’s Child Maintenance and Enforcement Commission (CMEC) ...

09-Apr-09

Stocks to watch: RIL, RPL, Wockhardt, Essar Oil, Tata Motors, DLF ...

Economic Times

MUMBAI: Oil prices fell in Asian trade on Wednesday as concerns of poor corporate earnings. New York's light sweet crude for delivery in May, fell to $48.24 ...

09-Apr-09

IBM pulls out of Satyam race on lawsuit fears; stk up

Moneycontrol.com

Satyam Computer Services had touched an intraday high of Rs 47 and an intraday low of Rs 43.15. At 10:02 am, the share was quoting at Rs 46.15, up Rs 0.95, ...

09-Apr-09

Satyam likely to announce buyer on 13 April

Livemint

Bangalore: Fraud-hit Satyam Computer Services Ltd could announce the buyer of a majority stake in it as soon as 13 April, the deadline for submitting bids. ...

09-Apr-09

Satyam may name winning bidder on Apr 13: Parekh

SamayLive

Mumbai, Apr 8 : The winner of the bid for a majority stake in the troubled IT company Satyam Computer is likely be announced on April 13, company board ...

09-Apr-09

Busy accounting software to manage funds

CIOL

KOLKATA, INDIA: Busy Infotech, in association with Nasscom Foundation, will soon be offering Busy software, for free to registered Nasscom NGOs and NPOs ...

09-Apr-09

TCS enters Indian Premier League

Myiris.com

Tata Consultancy Services (TCS) announced that it has inked a pact with Rajasthan Royals, Champions of the Indian Premier League (IPL) 2008 for an initial ..

09-Apr-09

HP unveils software for Microsoft SQL server

CIOL

NEW DELHI, INDIA: HP StorageWorks division announced the launch of the HP PolyServe software for Microsoft SQL Server. HP PolyServe's shared data ...

09-Apr-09

HCL receives the International Investor of the Year Prize

Equity Bulls

HCL Technologies Ltd. (HCL), a leading global IT services provider, was presented with the International Investor of the Year prize by the by the Greater ...

09-Apr-09

Leading Hardware and Software Vendors in India Embrace Oracle ...

Equity Bulls

India, New Delhi - April 8, 2009: Leading hardware and software vendors in India are adopting Oracle's embeddable databases and middleware to enable shorter ...

09-Apr-09

Wipro named a Leader by Independent Research Firm in Global IT ...

TechWhack (press release)

Bangalore, India, April 8th, 2009– Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that it was named a ...

09-Apr-09

Satyam enters into partnership with Pentaho

ITvoir

Satyam Computer Services Ltd, which is trying hard to regain its market credibility, announced on Tuesday its partnership with Pentaho Corporation, ...

09-Apr-09

HP Announces Data Protector Software Enhancements

CIO India

According to a commissioned study conducted by Forrester Consulting on behalf of HP, more than half of organizations plan to increase their focus on, ...

09-Apr-09

Markets bounce back; HCL Tech, Tata Motors up

mydigitalfc.com

By PTI The Bombay Stock Exchange benchmark Sensex rebounded at midsession today by gaining nearly 48 points on the revival of buying by brokers at existing ...

09-Apr-09

HYDERABAD: Satyam's founder chairman B Ramalinga Raju, who was on ...

Sneha Telivision

The CBI has chargesheeted Raju under various sections of the Indian Penal Code, including Section 467, which carries a penalty of life imprisonment. ...

10-Apr-09

Satyam fiasco: LIC lost Rs 950 crore

Times of India

HYDERABAD: If one were to put aside the magnitude of loss suffered by the investors in Satyam, the money with which the Raju brothers played in Satyam scam ...

10-Apr-09

Satyam board has informal floor price in mind

Economic Times

NEW DELHI: The sale process for scam-tainted software company Satyam Computer Services is heading towards a conclusion with its government-appointed board ...

10-Apr-09

Technical bids for Satyam to be opened first: Deepak Parekh

Hindu 

Mumbai (PTI): Satyam Computer will open the bids received for acquiring a 51 per cent stake in the company on Monday, its Board member Deepak Parekh said. ...

10-Apr-09

Mastek feels jitters of global slowdown

Economic Times

MUMBAI: The March ’09 quarter performance of Mastek provides glimpses of the adverse impact of the global economic climate on the Indian IT industry. ...

10-Apr-09

Satyam still among top 5, says MCA official

Business Standard

Satyam Computer Services Ltd continues to retain its position among India’s top five software service providers, according to a senior Ministry of Corporate .

10-Apr-09

Angel Broking puts ‘Reduce’ call on HCL Tech

Economic Times

MUMBAI: Angel Broking has initiated coverage on the IT major HCL Technologies with a ‘Reduce’ recommendation and expects the company’s share price to ...

10-Apr-09

‘TCS trims UK headcount by 10%’

Hindu Business Line

Mumbai, April 9 The country’s largest software exporter Tata Consultancy Services is believed to have trimmed its UK-based headcount by 10 per cent to 4500 ...

10-Apr-09

Macro-economic factors impeding Indian IT industry

Economic Times

MUMBAI: Indian IT services companies' biggest markets the US, UK and Europe are going through the worst financial turmoil. Economic growth for G7 nations, ...

10-Apr-09

Wipro order book down 40% from Sep

Livemint

Hyderabad: Tough market conditions and the inability to win new deals have seen Wipro Ltd’s order book nosedive from at least $1 billion in September to ...

10-Apr-09

The IT sector is facing an unprecedented crisis due to isolation’

Indian Express

The third national conference on ‘Recent Advances and Future Trends in Information Technology’, organised by the Department of Computer Science at Punjabi ...

10-Apr-09

Project delays, price cuts set back Mastek; revenue falls by 5.6%

Livemint

Indian IT companies were expected to be among the worst hit owing to the recession in major world economies, so it’s not entirely surprising that Mastek Ltd ...

10-Apr-09

Gartner: Software-as-a-service (SaaS) market will swell strongly ...

TopNews

Seeing the growing popularity of the software-as-a-service (SaaS) model for e-mail, the information technology research firm, Gartner has predicted that the ...

10-Apr-09

Kushagra Software shareholders approve Scheme of Amalgamation

Equity Bulls

Kushagra Software Ltd has announced that as per the direction of the Honorable High Court, Mumbai, the Company has convened the EGM of Shareholders on April ...

10-Apr-09

HCL Named International Investor Of The Year!

EFYTimes (press release)

Over the past 12 months, HCL has developed several strategies. Notably, HCL's 'Employee First' initiative, in which employees, are the main focus of its ...

10-Apr-09

Infosys Technologies Cited As a Leader by Independent Research Firm

TechWhack (press release)

Bangalore, India - April 9, 2009: Citing highest client feedback scores and a “standout story” on innovation, Infosys Technologies Limited (NASDAQ: INFY) ...

10-Apr-09

HP Enhances Automation Software to Reduce Cost of Managing ...

Prdomain Business Register (press release)

8 Apr 2009 , Palo Alto, Calif : HP today announced new enhancements to its Business Service Automation (BSA) software suite to help customers better manage ...

10-Apr-09

Indian IT industry may cut 75000 jobs this year

Economic Times

MUMBAI: The Indian IT industry, already under pressure since the downturn began in the US financial, banking and insurance markets last year, ...

11-Apr-09

Satyam bidding in final lap

Business Standard

With only two days left for the final bidding process to start (9 am on April 13), the government-appointed board of Satyam Computer Services is giving ...

11-Apr-09

TCS cuts 10% staff at UK office

Times of India

NEW DELHI: In reportedly another round of firing, Tata Consultancy Services has cut the headcount at its UK office by around 10%. ...

11-Apr-09

Satyam collects Rs 2, 000 cr in January-March 2009

Economic Times

In January, when Ram Mynampati took over as interim CEO of Satyam, days after the company’s founder said its cash balance was just a mirage, ...

11-Apr-09

Satyam scam: CBI plans to ask for special court for Rajus

Times of India

HYDERABAD: Apart from forming three special teams to trace the properties acquired all over India by Raju brothers with Satyam scam money, the CBI has now ...

11-Apr-09

Rising energy consumption forces IT industry to go green

Hindu

CHENNAI: Rising energy consumption and costs in the IT sector have led the industry to adopt “Green IT”. How much effort towards this end would help the IT ...

11-Apr-09

Satyam’s class-action suit liability put at $80-100 m

Hindu Business Line

New Delhi, April 10 US-based Nera, an economic research and consulting firm roped-in by Satyam board to assess its liabilities, is believed to have pegged ...

11-Apr-09

HCL Tech on a deal spree

Calcutta Telegraph

New Delhi, April 10: HCL Technologies has bagged outsourcing deals worth Rs 3000 crore from US firms such as Microsoft, Xerox and Reader’s Digest. ...

11-Apr-09

TCs 'harass' student over 'lost' ticket

Daily News & Analysis

Mumbai: An engineering student and his elder brother were allegedly harassed by three ticket checkers at Ghatkopar station on Friday. ...

11-Apr-09

Satyam stock to see volatility: LKW

UTVi

Satyam Computer is a business and information technology services company with presence in the consulting, systems integration space. ...

11-Apr-09

Wipro to declare FY 2009 results on Apr 22, 2009

Equity Bulls

Wipro Ltd has announced that a meeting of the Board of Directors of the Company will be held from April 21, 2009 to April 22, 2009. The approval of accounts ...

11-Apr-09

Infosys fires 2100 for poor performance

Economic Times

BANGALORE: Infosys Technologies has fired 2100 people across the country, after an annual performance appraisal exercise concluded mid-March. ...

11-Apr-09

Infosys may project bleak outlook

Sify 

Bangalore: The prevailing uncertainty in the demand environment coupled with poor volumes and pricing pressure could force IT bellwether Infosys ...

11-Apr-09

TCS, Wipro, Infosys are hiring

Rediff

In these times of dwindling job opportunities, American magazine Forbes has named Indian IT majors -- Tata Consultancy Services [Get Quote], ...

11-Apr-09

Insyde® Software Announces Quick-to-Launch Technology to ...

TechWhack (press release)

Insyde Software, a leading provider of UEFI (Unified Extensible Firmware Interface) based firmware, BIOS, and engineering services, today announced an ...

11-Apr-09

Infosys may project bleak outlook

Sify

Bangalore: The prevailing uncertainty in the demand environment coupled with poor volumes and pricing pressure could force IT bellwether Infosys ..

11-Apr-09

Cisco to buy Tidal Software for $105 million

ITvoir

Cisco this week said it intends to acquire Tidal Software, a privately-held maker of application management and automation software for service-oriented ...

11-Apr-09

Insyde® Software Announces Quick-to-Launch Technology to ...

TechWhack (press release)

Insyde Software, a leading provider of UEFI (Unified Extensible Firmware Interface) based firmware, BIOS, and engineering services, today announced an ...

13-Apr-09

Lack of enough financial data hits Satyam valuation

Economic Times

In more than one way, this 1971 Grateful Dead song captures the mindset of those bidding for Satyam Computers. Starting with the owning up of the financial ...

13-Apr-09

Satyam customers review their outsourcing contracts

Economic Times

HYDERABAD: As the government-appointed board of Satyam Computer Services prepares to announce a successful bidder on Monday, top Satyam customers are taking ...

13-Apr-09

Stocks to open higher; Satyam in focus

Economic Times

MUMBAI: Equities are likely to open higher on Monday tracking positive cues from global shores. However, given the sharp run-up in the recent sessions

13-Apr-09

Raju's claim to get family money from Satyam incongruous

NDTV.com

By law, a claim based in fraud not sustainable Kiran Karnik, chairman, Satyam board, feels that the government has been exceedingly cooperative and has ..

13-Apr-09

Satyam effect: Cos look for directors' cover

Economic Times

NEW DELHI: Call it the Satyam effect. Ever since Satyam founder B Ramalinga Raju confessed about a Rs 7000-crore fraud in the IT services company, ...

13-Apr-09

TCS moves 500 workers from UK to India

Daily News & Analysis

Mumbai: As a part of its cost-cutting drive, Tata Consultancy Services (TCS), the country's largest software company by headcount, has brought about 10% of ...

13-Apr-09

Satyam staff worried new employer may cut jobs

Hindu Business Line

Hyderabad, April 12 A day ahead of the start of the stake sale process of Satyam, worries about a possible “optimisation” of human resources by the new ...

13-Apr-09

Stocks to watch: TATA Steel, SBI, Satyam...

Myiris.com 

Computer giant Microsoft has signed a USD 170-million five-year contract with India`s HCL for outsourcing work for its online business productivity suite. ...

13-Apr-09

Wipro tells 6000 grads to join; waives bond deposit

The Asian Age

April 12: IT services firm Wipro has sent out joining letters to about 6000 campus hires last week, originally offered jobs in fiscal year 2007-08. ...

13-Apr-09

Infosys' guidance holds the key

Business Standard

PTI / Mumbai April 13, 2009, 0:57 IST Dalal Street is likely to open on a positive note this week following improvement in global cues, while IT major ...

13-Apr-09

Satyam scam: CBI records statements of Sebi officials

Business Standard

PTI / New Delhi April 12, 2009, 18:05 IST The Central Bureau of Investigation (CBI) has recorded statements of officials of stock market regulator Sebi in ...

13-Apr-09

Infosys fires 2100 for poor performance

Siliconindia.com

By siliconindia news bureau Bangalore: Due to the poor performance, Infosys Technologies has given pink slips to 2100 of its employees across the country, ...

13-Apr-09

Data given to bidders shows Satyam revenue at $1.5-1.7b

mydigitalfc.com

By Reuters Fraud-hit Satyam Computer Services’s annual revenues appear to be about $1.5 billion to $1.7 billion, three sources who have analysed data

 






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