Showing posts with label Satyam. Show all posts
Showing posts with label Satyam. Show all posts
Thursday, September 17, 2009

Will TCS reduce the salary of campus recruits?

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IT services company TCS (Tata Consultancy Services) has announced that it would revise the compensation package of campus recruits. Under th...
Monday, May 25, 2009

Will Satyam lay off 8,000 non-IT staff from June?

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Satyam Computer is likely to sack most of its non-billable staff of up to 8,000 working in marketing, HR and administration wings,after Tech...
Monday, May 4, 2009

Will major clients continue to stay with Satyam?

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In a news that could bring cheer to Satyam employees, three of their big clients Nestle, Nissan and CIBA who were on wait and watch mode hav...
Monday, April 27, 2009

Will TCS move staff back to India?

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As part of cost-cutting measures, India's largest outsourcing firm Tata Consultancy Services (TCS) said that it will relocate staff abro...
Monday, April 20, 2009

Satyam to be standalone unit, says TechM

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Tech Mahindra Ltd, which is taking over Satyam Computer Services Ltd, said on Monday the fraud-hit Indian outsourcer would continue to funct...
Thursday, April 2, 2009

Are Satyam employees set to join BoA?

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About 250-300 employees at fraud-hit Satyam Computer Services are joining Bank of America, a newspaper said on Wednesday. The employees were...
Wednesday, March 25, 2009

Will Infosys-Telstra deal cause job losses in India?

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Bangalore-based software giant Infosys will pick up most of IBM Global Services’ multi-million dollar applications support contract with Aus...
Tuesday, March 24, 2009

Satyam Continues To Lose Major Customers

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Satyam Computer Services is on a 'losing spree', having so far lost outsourcing contracts from large customers to rivals such as IBM...

iGATE Pulls Out of Satyam Bidding Process

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Fremont-based iGATE has decided not to go ahead with the bidding process for acquiring 51% stake in India's scam-tainted Satyam Computer...
Thursday, March 5, 2009

Is US new threat to India in BPO sector?

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A downturn in worldwide economy, Satyam's fraud case and the terrorist attacks in Mumbai and supply chain and shipping cost issues in Ch...
Saturday, February 14, 2009

Satyam top executive resigns

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IT major Satyam Computer's head of automotives division, Subbu D Subramanian, has quit, a company spokesperson said. Subramanian, who wa...
Friday, February 6, 2009

iGATE Pulls Out of Race to Acquire Satyam

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With Satyam's financial statement still not available and government yet to cap its liabilities, iGATE has all but given up its interest...
Friday, January 9, 2009

Satyam CFO attempts suicide

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Srinivas Vadlamani, CFO of Satyam, who is thought to be involved in one of the major IT company's scam, has attempted a suicide in a hou...
Thursday, January 8, 2009

Satyam likely to layoff 10,000 employees in 2009

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With a big questions mark on its cash position and a minimum outgo on salary estimated at Rs 500 crore a month, Satyam may lay off over 10,0...

Has Satyam duped many US investors?

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In separate lawsuits filed in US courts, Satyam Computer has been charged with duping thousands of American investors of billions of dollars...

Satyam saga developments on Thursday

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The developments of the Satyam Saga continues even on Thursday with the following highlights: * Satyam assures its customers that business i...
Wednesday, January 7, 2009

Probe into Satyam market operations: SEBI

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Startled by the disclosure of fudging of accounts by Satyam founder B Ramalinga Raju, market regulator SEBI on Wednesday ordered probe into ...

Strong reactions by CXOs on the Satyam saga

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The Satyam “Saga” took a dramatic turn on Wednesday with B. Ramalinga Raju, the chairman of Satyam Computer resigning from the company’s boa...
Thursday, January 1, 2009

Is it tough times ahead for techies in 2009?

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With sinking profits, eroding margins, cost-cuttings and an acquisition bid gone awry, 2008 was a year with more jeers than cheers for the c...