Intel puts $ 700m Wafer Testing Unit on Hold as Indian Government declines Tax Concessions for 15 years

December 3rd, 2005 Intel, world's largest chip maker, plans to make an investment of $1 billion for its Indian operations. The firm will spend $800m on boosting its research and development operation, with the rest of the cash being used to finance investment in firms.

June 4th, 2009 Intel to buy Wind River Systems for $884MSANTA CLARA, Calif. — Chip maker Intel plans to buy testing and development software maker Wind River Systems for $884 million.

April 3rd, 2005 Indian Outsourcing industry is increasingly turning towards software testing. In fact we have started providing software testing services to customers from 2005.

July 24th, 2009 EU: Microsoft is trying to settle web browser caseBRUSSELS — European Union regulators say Microsoft Corp. is making concessions on its web browser to avoid new antitrust fines.

January 11th, 2009 CHENNAI - Perhaps for the first time in the Indian corporate history, an audit firm - and a foreign one at that - is being dumped midway by a company. The government-appointed new board for Satyam Computer Services has declared that the fraud-hit IT bellwether will have a new audit firm to restate the books of accounts.

January 8th, 2009 NEW DELHI - The beleagured IT firm Satyam Computer cannot hold its board meeting Saturday as scheduled earlier, Minister for Company Affairs Prem Chand Gupta said here Friday. 'The government is restraining all current directors from the board.

July 14th, 2006 Intel said that it would lay off 1,000 managers which is about 1 percent of its work force. Last month, Intel said it would sell its money-losing communications chip business to Marvell Technology Group for $600 million.

March 30th, 2009 NEW DELHI - India Monday admitted that there have been attempts at hacking into the computers of the Indian embassies, but underlined that it has taken a slew of measures to ensure no sensitive information was stolen in the process. 'We have been through this process before,' Foreign Secretary Shivshankar Menon told reporters here.

June 6th, 2006 IBM is spending 6 billion USD in the next three years to extend and improve its Indian operations. In the last three years IBM has already spent 2 billion dollars in India.

January 8th, 2009 BHUBANESWAR - The Orissa government will re-examine the application for land that the scam-tainted IT bellwether Satyam Computer wants for setting up a new unit in the state, a senior official said here Friday. The company sought land to set up a business process outsourcing unit, information technology department P.K.

June 26th, 2009 SILICON VALLEY - Hailing the appointment of Infosys chief Nandan Nilekani as chairman of the Unique Identification Database Authority of India (UIDAI), Silicon Valley's Indian giant Kanwal Rekhi said Prime Minister Manmohan Singh should induct more professionals in his government. "This is a very good move.

January 7th, 2009 NEW DELHI - Accusing oil companies of committing a Satyam Computers-like financial fraud, striking truckers Thursday demanded 'thorough audit' of the oil firms and asked the government to issue a white paper on the matter. 'The government should come up with a white paper and there should be a thorough audit and investigation into the accounts of the oil companies.

January 20th, 2009 NEW DELHI - The government has taken no view on the proposals from domestic and international companies to buy the fraud-hit Satyam Computer Services and left the decision to its new board, Corporate Affairs Minister Prem Chand Gupta has said. 'There are many corporate houses, they are interested,' Gupta told reporters on being asked if the government was interested in hiving off the beleaguered firm to engineering and construction giant Larsen and Toubro.

June 4th, 2009 Intel, an infrequent acquirer, snaps up Wind River SAN FRANCISCO — Intel Corp. is biting off its biggest acquisition in nearly a decade with an $884 million takeover of Wind River Systems Inc., a software maker with a colorful past.

August 25th, 2009 Analyst says Intel 2010 prospects 'look good'NEW YORK — A Raymond James analyst said Tuesday that Intel Corp.'s prospects for 2010 "look good," and kept an "Outperform" rating on the chip maker. Analyst Hans Mosesmann said in a note to investors that an enterprise upgrade cycle — that is, businesses upgrading their computers and other technology products — "is in the cards over the next one to two years in our view." The analyst added that adoption of Intel's Atom chip in netbooks "continues to be good and has stabilized, with cannibalization not the issue anymore." Atom is Intel's first microprocessor for "netbooks," which are mini-laptops that do less than regular laptops, but are very popular because they also cost less.