SYSTIME announces appointment of Aloke Ghosh as chief financial officerApril 2nd, 2009 MUMBAI - SYSTIME , a CMS Group Company and the largest Oracle JD Edwards practice globally, has recently announced the appointment of Aloke Ghosh as Chief Financial Officer (CFO). Aloke is a seasoned finance professional with a career spanning 20 years within the IT Services and manufacturing industries.
Kerala IT companies get calls from Satyam's clients, employeesJanuary 10th, 2009 THIRUVANANTHAPURAM - It is advantage time for IT companies in Kerala. With Satyam under a cloud, the software companies in the state are busy trying to win over clients of the tainted IT bellwether even as they are flooded with job applications from Satyam employees.
Clients standing by Satyam, says interim CEOJanuary 7th, 2009 HYDERABAD - Global clients of the beleaguered Satyam Computer Services will engage the scam-tainted IT bellwether for its software services, the company's interim chief executive Ram Mynampati said Thursday. 'We have received support from our key customers.
Satyam denies top executives fled IndiaJanuary 14th, 2009 HYDERABAD - Fraud-hit Satyam Computer Services Thursday denied that its top executives had fled the country. The IT bellwether termed as 'malicious' reports in a section of media that its executives Ram Mynampati, Virender Aggarwal and Keshab Panda left the country to avoid questioning by authorities investigating the Rs.70 billion ($1.43 billion) fraud.
Tata Consultancy Services quarterly profit up 4.7 pct to $261M; Indians head home to cut costsApril 20th, 2009 TCS quarterly profit up 4.7 pct to $261.2MMUMBAI, India — Tata Consultancy Services Ltd., India's largest outsourcing company, said Monday that net profit for last quarter grew 4.7 percent, to 13.14 billion rupees ($261.2 million), despite shrinking volumes as the company pulled thousands of Indian employees back home to save on costs. Revenues for quarter ending March 31 were 71.72 billion rupees ($1.4 billion), up 18.6 percent over the same quarter last year, but just 1.5 percent higher sequentially.
BMC India Technical Exchange brings together BMC software customers, partners, local R and D teamsJune 11th, 2009 BANGALORE - BMC Software is well known as the leader in providing Business Service Management (BSM) solutions to the world's largest enterprises. For nearly a decade, BMC Software India has been contributing to the development of BMC's software products.
Government announces three-member board for SatyamJanuary 10th, 2009 NEW DELHI - The government Sunday named a three-member board, including former Nasscom chief Kiran Karnic and Deepak Parikh, chairman of HDFC, to oversee the functioning of scam-tainted Satyam Computers. Minister of Corporate Affairs Premchand Gupta told reporters here that the board, whose third member will be C.
Satyam to get new CEO next weekJanuary 22nd, 2009 HYDERABAD - Embattled Satyam Computer Services will get a new chief executive officer (CEO) of 'global standing' next week, and the company will finalise before Jan 28 funding arrangements to ensure smooth operations till March-end, the government-appointed directors said Friday. The six directors making up the new board of the fraud-hit company said they 'have narrowed the shortlist for the CEO and CFO (chief financial officer) positions to the final three, and would finalise the decision in the ensuing week'.
Delhi Stock Exchange teams up with IBM to re-start its operationsJuly 15th, 2009 NEW DELHI - IBM today announced that it has signed a 10-year information technology (IT) services agreement with Delhi Stock Exchange, one of the leading stock exchanges in India. As part of this Rs 11 crore agreement,
IBM will provide business continuity and disaster recovery services to DSE as well as remotely host and manage its IT infrastructure.
Bill Gates in India to receive Indira Gandhi Peace PrizeJuly 23rd, 2009 NEW DELHI - Microsoft founder Bill Gates is in India to receive the Indira Gandhi Prize for Peace, Disarmament and Development. The award will be received on behalf of the Bill and Melinda Gates Foundation, which has been providing grants for public health activities, notably in the areas of HIV/AIDS prevention and communication.
Satyam new management scouting for investors, open to sell-offJanuary 7th, 2009 HYDERABAD - As corporate India, particularly the IT industry, Thursday assessed the damage to Brand India caused by the Rs.70-billion financial fraud of Satyam Computer founder B. Ramalinga Raju, the new management team said it was looking for a strategic partner and was open to the idea of outright sale.
'Satyam fiasco will not mar India Inc's image'January 19th, 2009 NEW DELHI - The Rs.70-billion accounting fraud at Satyam Computer will not mar the image of corporate India abroad, Minister for Science and Technology Kapil Sibal said here Tuesday. 'There are a lot of shining stars in India's corporate world who will ensure that the flag of India keeps flying high,' said Sibal.
Smartdata enterprises, the offshore software outsourcing companyApril 20th, 2009 MOHALI - Smartdata enterprises, an offshore software outsourcing company, has expertise in web and software applications development in the ever-growing software development offshore outsourcing global market. In 1996, SmartData Enterprises Incorporation, a consulting company was formed in Silicon Valley, California.
The rise, rise and fall of SatyamJanuary 6th, 2009 HYDERABAD - Satyam founder B. Ramalinga Raju, who shocked India by admitting massive fraud over several years, was the Ernst and Young Entrepreneur of the Year in 2007 and the company won the Golden Peacock Global Award for Excellence in Corporate Governance given by the World Council for Corporate Governance.
Microsoft India announces strategic alliance with TCSSeptember 8th, 2009 NEW DELHI - Microsoft India and Tata Consultancy Services (TCS) - a leading IT services, consulting, business solutions and outsourcing firm today announced a strategic alliance between the two companies to launch Microsoft-TCS virtualization Center of Excellence (CoE) in Chennai. Designed to help customers experience the right approach to applying and managing virtualization across IT architectural layers (namely server, machine, application and desktop) in their business environments - the CoE will leverage best of breed Microsoft technologies (such as Windows Server 2008 Hyper-V and System Center Virtual Machine Manager 2008) to showcase virtualization scenarios to customers.
May 20th, 2009 at 12:59 pm
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