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.
Satyam executives to stay put despite massive fraudJanuary 7th, 2009 HYDERABAD - Ten top executives of the tainted Satyam Computer Services Ltd late Thursday pledged to remain with the company and work jointly to steer the IT bellwether, reeling under shocking disclosures of financial fraud by its founder chairman B. Ramalinga Raju.
Beleaguered Satyam forms crack team for fire-fightingJanuary 6th, 2009 HYDERABAD - Battered IT bellwether Satyam Computer Services Ltd Wednesday formed a crack team to run the day-to-day operations of the beleaguered company following the dramatic resignation of its founder-chairman and managing director from the board. In a letter to Satyam’s 53,000 employees, interim CEO and whole-time director Ram Mynampati said a ‘SWAT’ team consisting of senior leaders has been formed to steer the company through the current challenging phase.
Satyam to pay salaries for JanuaryJanuary 26th, 2009 HYDERABAD - IT bellwether Satyam Computer Services will pay salaries to its employees for January as scheduled from its internal accruals and receivables, the company said in a statement here Tuesday. The decision was taken at a day-long meeting of the six-member board, chaired by T.N.
Obama stand on outsourcing is purely politics, comments US expertMay 5th, 2009 BANGALORE - US President Barack Obama's announcement to end tax sops to those US firms outsourcing jobs to countries like India has come under flak from Phil Harkins, a leading US management expert and chief executive of Linkage Inc, a global firm specialising in leadership development 'What Obama is doing is just politics. It's the arrogance of the US to think creating jobs overseas will result in job losses back home.
Sarah Brown joins 'twitterati' bandwagonApril 10th, 2009 LONDON - Sarah Brown has become the latest member of the microblogging site 'Twitter'. The British Prime Minister's wife has opened the account under the user name "SarahBrown10".
Ramadorai steps down as Tata Consultancy chiefOctober 6th, 2009 MUMBAI - S. Ramadorai Tuesday stepped down as the chief executive and managing director of software major Tata Consultancy Services (TCS). Ramadorai will be succeeded by the company's chief operating officer and executive director N.
Microsoft executive says retail stores 'right next door to Apple' planned for fallJuly 16th, 2009 Microsoft plans stores 'right next door to Apple'SEATTLE — Microsoft Corp.'s chief operating officer says the software maker is planning to open retail stores "right next door to Apple" in the fall. The executive, Kevin Turner, also says Microsoft is "in the game for the long-term" and has hired a retail team.
Apple's Steve Jobs to take medical leaveJanuary 14th, 2009 SAN FRANCISCO - Apple's iconic founder and chief executive Steve Jobs said Wednesday that he was taking medical leave from the company, leaving Chief Operating Officer Tim Cook in charge. Jobs, who battled pancreatic cancer in 2004, announced the movie in an email to all Apple employees just a week after he blamed a hormonal imbalance for his gaunt appearance in recent months.
Raju asks Satyam techies for 'continued faith'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.
Chinese delegation in Kerala to study Indian IT sector & pick tips on software outsourcingMarch 25th, 2009 THIRUVANANTHAPURAM - An eight-member delegation from China's Shenyang city Wednesday visited the information technology campus Technopark here to pick up tips on software outsourcing. The officials from the Shenyang Information Industry Bureau (SIIB) said they would study Kerala's software outsourcing services to set up similar parks back home.
Murty exhorts Satyam techies to bootstrap firmFebruary 5th, 2009 HYDERABAD - Fraud-hit Satyam Computer Services' new chief executive A.S. Murty Friday exhorted techies of the IT bellwether to regain customer confidence and ensure their retention.
Infosys mentor Murthy bats for new Satyam boardJanuary 14th, 2009 BANGALORE - IT major Infosys Technologies chairman and chief mentor N.R. Narayana Murthy Thursday said the government-appointed board members of the fraud-hit Satyam Computer Services were excellent, competent and had lots of experience.
Nasscom to form corporate governance and ethics committeeFebruary 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.
Satyam gets new chief executive, advisorsFebruary 4th, 2009 HYDERABAD - The scam-hit Satyam Computer Services Thursday appointed a company veteran, A.S. Murty, as its chief executive, while naming two other outside experts as advisors to the reconstituted board.