Delhi firm in Dutch tie-up for e-governance business

December 28th, 2008 NEW DELHI - IT solutions provider Sun Microsystems India and Indian Institute of Technology (IIT) Delhi are launching an e-governance centre on the IIT campus here to focus on development of non-proprietary software. The Sun-IIT Delhi Centre of Excellence is an outcome of a memorandum of understanding (MoU) signed between the institute and the IT company in September 2006.

February 10th, 2009 NEW DELHI - IT industry body National Association of Software and Services Companies (Nasscom) Wednesday said it will form a corporate governance and ethics committee, headed by Infosys Technologies chairman N.R. Narayana Murthy.

July 23rd, 2009 NEW DELHI - In a written reply to the Rajya Sabha on Thursday Union Minister of State for the Prime Minister's Office Prithviraj Chavan stated that a sum of Rs.3.08 crores had been sanctioned during the year 2008-09 under the Plan Scheme of "CBI e-Governance" for setting up a Wide Area Network and other e-Governance applications for the Central Bureau of Investigation (CBI). Chavan said the time taken to complete investigation of cases by the CBI depended on the nature of the cases, number of witnesses to be examined and the number and type of documents to be scrutinized.

October 24th, 2005 Dutch prosecutors last month arrested three young men for creating and operating a botnet allegedly used to extort a U.S. company, to steal PayPal and eBay accounts, and to install adware and spyware.

June 18th, 2009 BANGALORE - IT bellwether Tata Consultancy Services (TCS) is eyeing e-governance projects to cope with the downturn, according to a senior company official. "Post-elections, we believe conditions are ripe for e-governance projects to take off at the central and state levels," TCS chief financial officer S.

January 6th, 2009 NEW DELHI - Shocked by the revelations of Satyam co-founder and chairman B. Ramalinga Raju that the software services firm had overstated profits and hidden liabilities in a Rs.40-billion scandal, leading industry lobbies called for stricter corporate governance norms.

July 30th, 2009 Dutch court rules Pirate Bay must quit NetherlandsAMSTERDAM — A Dutch court ruled Thursday that three men connected with Web site The Pirate Bay must block traffic between the site and the Netherlands within 10 days. The written ruling concludes that the men have control over the site and ordered them "each separately and together, to stop and keep stopped the infringements on copyright and related rights of Stichting Brein in the Netherlands" or face a charge of €30,000 ($42,000) per day.

February 11th, 2009 NEW DELHI - The Satyam scam was a 'one-off, unfortunate case of failure of corporate governance', Minister for External Affairs Pranab Mukherjee said here Thursday. Addressing a meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI), Mukherjee said: '(Satyam) was an unfortunate case of failure of corporate governance… It was a one-off case.

December 29th, 2008 BANGALORE - Satyam Computer Services founder-chairman B. Ramalinga Raju Tuesday told his employees to beware of 'wild speculation and unchecked rumours' following the Maytas’ deal fiasco.

December 31st, 2008 BANGALORE - Beleaguered Satyam Computer Services is heading for a major shakeout or a takeover following its bid to diversify from its core business into the realty sector, a study by global technology research firm Forrester Research Inc has said. 'The management's attempt to shift the company strategy from the current business model has raised a red flag for Satyam accounts and prospects.

January 7th, 2009 CHENNAI - Satyam Computer founder-chairman B. Ramalinga Raju's admission to committing a Rs.70-billion ($1.4 billion) financial fraud will raise questions about the the level of corporate governance in India, feel persons of Indian origin (PIO) at a conference of the Indian diaspora here.

June 1st, 2009 CHENNAI - State-run Electronics Corp of Tamil Nadu Ltd (ELCOT) will soon cover around 28,000 public distribution shops in the state under its e-governance initiative, a top official said here Monday. "Currently implemented in around 210 shops, the electronic billing project will be shortly extended to other outlets in the states," ELCOT chairman Santhosh Babu told reporters.

December 22nd, 2008 NEW DELHI - The World Bank has said it has banned leading software vendor Satyam Computers from all business at the bank for a period of eight years - and that the ban started in September, according to a US broadcaster. The World Bank move came after bank investigators discovered that spy software was covertly installed on workstations inside the bank's Washington headquarters - allegedly by one or more contractors from Satyam Computers, broadcaster Fox News said.

January 7th, 2009 CHENNAI - The admission of a Rs.70-billion ($1.4-billion) fraud by Satyam Computer founder-chairman B. Ramalinga Raju was a matter of hot discussion on the margins of a diaspora conference here with some delegates saying it raises doubts over the level of corporate governance in India.

August 10th, 2009 Pirate Bay to challenge ruling, deadline passesAMSTERDAM —A court-imposed deadline has quietly passed for Swedish-registered Web site The Pirate Bay to block traffic from the Netherlands or pay copyright holders damages. There's no indication of compliance.