Ramadorai steps down as Tata Consultancy chief

MUMBAI - S. Ramadorai Tuesday stepped down as the chief executive and managing director of software major Tata Consultancy Services (TCS).

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Gates still Forbes’ richest American, 4 Indians among top 400

WASHINGTON - Four Indian Americans are among America's super-rich with Microsoft Corp co-founder Bill Gates still holding the top spot on the Forbes 400 list of wealthiest Americans with a fortune of $50 billion.

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Reliance Communications ties up with Microsoft (Business Capsule)

MUMBAI - Anil Ambani-led Reliance Communications Wednesday said it has entered into a strategic alliance with Microsoft to offer Windows Mobile solution on its wireless networks.

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Technopark ties up with Beijing Software Park (Business Capsule)

THIRUVANANTHAPURAM - City-based information technology park Technopark has signed a cooperation agreement with China's Beijing Zhongguancun Software Park Co (Zpark), it was announced here Tuesday.

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Hopes rise of many new Tata jobs after Britain announces loan

LONDON - Hopes of new jobs have risen in Britain again after the government announced a loan of 10 million pounds to Tata Motors to manufacture an electric version of its Indica Vista car in this country.

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Microsoft India announces strategic alliance with TCS

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.

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Qantas praises Mahindra Satyam as a good value partner

MELBOURNE - Qantas has praised outsourcing partner Mahindra Satyam's performance despite the latter being embroiled in a much-publicised billion-dollar accounting scandal.

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BP selects Tata consulting unit as a strategic information technology vendor

BP selects Tata as technology vendor

NEW YORK — Tata Consultancy Services, a unit of India's Tata Group conglomerate, said Thursday it was selected as a strategic information technology vendor for BP PLC, one of the world's biggest oil and gas companies.

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Slowdown opens new vistas for Indian outsourcing

By Arvind Padmanabhan and Fakir Balaji

The global slowdown and the financial crisis have ironically whetted the appetite of India's $71 billion outsourcing industry for takeovers, as back-office arms of multinational companies, both large and small, are being acquired by them in steal deals.

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Wipro actively looking at overseas acquisition

KOLKATA - Outsourcing major Wipro is actively looking at overseas acquisitions, a top company official said here Wednesday.

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