Satyam slashes costs to strengthen acquisition chances
Indian outsourcer Satyam Computer Services will implement a range of costq-cutting measures to survive the global recession, the company said Thursday.
Stories by John Ribeiro
SAP will cut staff as full-year net income dips 2 percent
SAP intends to reduce its global workforce to 48,500 staff by the end of this year, it said Wednesday. The company currently has more than 51,800 employees worldwide, according to its Web site.
GE stands by Satyam, but time running out
Although analysts expect that Satyam Computer Services will lose customers in the fallout of its accounting scandal, major customer General Electric said Tuesday it had not moved work from Satyam.
Report: Indian gov't says Satyam may have diverted funds
The Indian government is reportedly veering towards the view that funds may have been siphoned out of financially-troubled Indian outsourcer Satyam Computer Services.
Satyam appointing new accounting firm to restate accounts
The government-appointed board at financially troubled Indian outsource Satyam Computer Services has decided to appoint an accounting firm in the next 48 hours to restate the company's accounts.
New board taking charge at scandal-ridden Satyam
The Indian government appointed three members to the board of Satyam Computer Services on Sunday, promising that the new board will provide direction to the company which is reeling from a financial scandal.
Satyam tries to reassure customers, investors
Troubled Satyam Computer Services attempted on Thursday to reassure customers and investors that it could keep the company afloat, but did not discuss specific measures.
US law firms file class-action lawsuits against Satyam
Law firms Izard Nobel and Vianale & Vianale have filed class action suits in the US on behalf of those who purchased American Depository Receipts (ADRs) of Indian outsourcer Satyam Computer Services.
Satyam chief quits, admits faking financial results
The chairman of troubled Indian outsourcer Satyam Computer Services on Wednesday tendered his resignation to the company's board of directors, admitting that the company inflated its financial results.
Google Earth used by terrorists in India attacks
The terrorists that attacked various locations in south Mumbai last week used digital maps from Google Earth to learn their way around, according to officials investigating the attacks.
In Mumbai, bloggers and Twitter offer help to relatives
Bloggers pitched in offering information and other help to people worldwide as Indian police and commandos battled it out Thursday with armed terrorists in two top hotels and a residential complex in south Mumbai.
Google to shut down Lively virtual world
Google will shut down Lively, its browser-based virtual world environment, by the end of December.
Indian IT worker arrested for email threats to president
A software professional working at Indian outsourcer Infosys Technologies was arrested by the police in Chennai in south India after he was found to have sent threatening email messages to the country's President, Pratibha Patil.
Indian outsourcers will be hit by US financial crisis
Indian outsourcers will be hit by the continuing crisis in the U.S. financial services sector, according to analysts.
IBM testing voice-based web
IBM is testing a voice-based web to make information accessible to users who may not be able to read or write, or who do not have access to the Internet.