Satyam's application for land in Orissa under scannerJanuary 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.
Vedanta terminates Maytas contract in OrissaJanuary 18th, 2009 BHUBANESWAR - Maytas Infra, the infrastructure company linked to scam-tainted Satyam Computer Services, has lost a contract from Vedanta Alumina to develop an integrated township in Orissa, Vedanta said here Monday. 'We have terminated the contract.
Orissa to review Maytas run projectsJanuary 9th, 2009 BHUBANESWAR - Orissa Saturday announced it would review all the projects carried out in the state by Maytas Infra Private Limited (MIPL), promoted by the sons of disgraced Satyam Computer Services chairman B. Ramalinga Raju.
Orissa's software exports grew by 39 percent in 2008-09July 9th, 2009 BHUBANESWAR - Despite the global economic slowdown, software exports from Orissa grew by 39.05 percent in 2008-09 over the year before, officials said Thursday. The total IT exports of the state stood at Rs.1,168 crore last fiscal as against Rs.840 crore the year before, said Manas Panda, officer in charge of the Bhubaneswar unit of the Software Technology Park of India (STPI).
Maytas Infra loses second project in OrissaFebruary 2nd, 2009 BHUBANESWAR - Maytas Infra - the infrastructure company floated by the promoter-family of scam-tainted Satyam Computer Services - has lost another project in Orissa. Hyderabad-based KVK Energy, which is setting up a Rs.50-billion (Rs.5,000-crore), 1,050 MW coal-fired power project in Cuttack district, Tuesday said Maytas was no longer its joint venture partner.
Facebook, MySpace may cause kids to commit suicide, warns ArchbishopAugust 2nd, 2009 LONDON - Social networking sites like Facebook and MySpace may drive kids to commit suicide, warns the head of the Catholic Church in England and Wales. Archbishop Vincent Nichols says that the "transient relationships" such sites are making teenagers to develop leave them unable to cope when their social networks collapse.
Maytas' legal notice to Vedanta for encashing bank guaranteesFebruary 4th, 2009 HYDERABAD - Maytas Infra, owned by former chairman of Satyam Computer Services B. Ramalinga Raju's family, has issued a legal notice to Vendanta Aluminum Ltd for 'fraudulently and illegally' encashing two bank guarantees worth Rs.640 million (Rs.64 crore) and for not clearing admitted dues.
Maytas Infra files criminal case against VedantaFebruary 26th, 2009 HYDERABAD - Maytas Infra, the infrastructure firm owned by the son of disgraced former chairman of Satyam Computer Services B. Ramalinga Raju, has filed a criminal case against Vedanta Aluminium and eight of its employees for 'fraudulently' encashing bank guarantees without terminating a contract between them.
Maytas chief executive resigns from boardJanuary 18th, 2009 HYDERABAD - P.K. Madhav, chief executive of Maytas Infra, promoted by disgraced founder and former chairman of Satyam Computer Services B.
India In Brief On The Republic DayJanuary 26th, 2007 1. Goldman Sacks predicts India will beat US by 2050, lagging only behind China in economy. I think it will be much sooner.
Is Google AdSense Losing Its Relevance?January 16th, 2007 Google AdSense is known for its uncanny relevance in serving context sensitive ads. Its competitors like Yahoo Publisher Network and Kontera aren't being able to make significant inroads to AdSense / AdWords customer based primarily due to relevance, perceived or otherwise.
CDC Corp. posts $3 million 2nd-quarter profit, reversing year-ago loss, despite revenue dropAugust 18th, 2009 CDC Corp. climbs to 2Q profit, shares jumpNEW YORK — Business software company CDC Corp. on Monday reported a $3 million second-quarter profit, reversing a year-ago loss, as cost-cutting measures offset a drop in revenue.
Skeptically Yours...India 2007May 28th, 2007 BCCI (Board of Chaos for Cricket in India) cricket team lead by an w%$^ (only words I can think of are non-parliamentary) won over cricket minions Bangladesh and are back to thumping their pathetic little chests. What is interesting is that these ant-killers wimped out when playing a man's game in West Indies.
India may lose $13 bn due to delay in spectrum auction: AssochamMarch 2nd, 2009 NEW DELHI - India may lose up to $13 billion in revenues by 2012 if the third generation (3G) spectrum is not allocated soon to telecom operators, an industry lobby said Monday. 'The telecom industry is losing a revenue of $3 billion each year on account of delay in spectrum allocation,' Associated Chambers of Commerce and Industry (Assocham) Communications Convergence Committee chairman C.S.
Sorting Priorities in LifeMarch 13th, 2008 Here is a nice story on sorting the priorities of life:
A professor stood before his Philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls.