Former Monster COO convicted of stock option fraud

NEW YORK — The former president and chief operating officer of Monster Worldwide has been convicted in New York of wrongfully backdating millions of dollars' worth of employee stock option grants.

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SYSPRO was one of our top 10 ERP software solutions.  The software giant is internationally recognized for providing enterprise business solution. It's turnkey solutions are designed to meet the wide ranging demands of manufacturing businesses. SYSPRO stands out from the rest of the ERP solutions with its building block approach. The core system allows the users to add business functionality and advanced technology according to the demands of the business. SYSPRO features more than 45 integrated business modules that includes financial controls, sales, purchasing, inventory control, Inventory Optimization, CRM, MRP/production control, forecasting, distribution, Advanced Planning & Scheduling and Business Analytics

SYSPRO upgraded its ERP software last year adding extensive functionality in the areas of financial, distribution and manufacturing. In addition, the software was upgraded with new customization capabilities and new modules. The SYSPRO Projects and Contracts also boosted the ERP software with enhanced operational control and profit optimization capabilities for the mid market manufacturers.  Let's have an insight into this much hyped products

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Nintendo's annual profit rises 8.5 percent

TOKYO — Nintendo's annual profit rose 8.5 percent, propelled by its hit Wii and DS game machines, but a forecast for lower sales shows even the resilient video game maker isn't totally immune to the global slump. Still, Nintendo is faring much better than other big name Japanese manufacturers like Toyota Motor Corp. and Hitachi Ltd., both forecasting record annual losses, lending weight to president Satoru Iwata's boast the game maker is "recession free."

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NEW DELHI - India Inc believes the move by the Barack Obama administration to reduce tax breaks for US firms that ship jobs overseas will hit American companies more than impact on the Indian outsourcing industry. 'It's a more US-US issue rather than one aimed at stopping outsourcing, or off-shoring, or anything to do with India,' said Som Mittal, president of the National Association of Software and Service Companies (Nasscom), a representative boddy for the industry.

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HCL Technologies profit down by half on forex loss

MUMBAI, India — Indian software services firm HCL Technologies Ltd. said quarterly profits plunged by nearly half as the company battled foreign exchange losses, lower prices, and declining demand from financial services and telecom customers.The company said Wednesday that it earned $43.0 million in net income during the quarter ended March 31, versus $85.4 million during the same period a year earlier. Excluding foreign exchange losses, the decline in profits was 2.4 percent.

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In the words of the father of modern management Peter Drucker, "time is the scarcest resource available." That can be distantly construed as the dogma behind optimal utilization of time. The timesheets have inevitably automated the time tracking and management for businesses enabling more reliable accounting of the project costs. Several companies are adopting web-based timesheet software for efficient time management. These software are being increasingly used to track time for payroll, billing and project management.  We had already listed some of web based timesheet software in my top 10 timesheet software timesheet. We also reviewed one of the online timesheet services, free web based TimeLive timesheet. The other day We came across the Replicon's web timesheet software. We picked it to see whether it's a reliable piece of timesheet software that can be configured to the requirements of a company. Let's have a comprehensive look at the timesheet software.

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After having reviewed the expensewatch.com and the startup expensify.com, I was looking for a more comprehensive and feature-laden travel and expense management software. As the economy is heading into a recession, the travel costs are on rise, which creates the demand for an efficient travel and expense management software. I came across the software ExpenseWire.com on my list of Top 10 Expense Report Software that was nominated as the finalists in the prestigious CODiE awards for three consecutive years and decided to scan through it. This web based software is primarily designed to trim down the efforts required to file, review, approve and reimburse expense reports. It offers business insight and process control to reduce costs and evolve expense management strategies.   Full article (537 words) »

WASHINGTON - A Chinese cyber-espionage network used sophisticated social and computer engineering techniques to trick the Dalai Lama's office into downloading malicious software, according to a cyber security expert.

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CHENNAI - Global audit firm PricewaterhouseCoopers (PwC) is cleaning up its Indian stables in the wake of the accounting scandal in Satyam Computer Services.

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I've be talking of HRM software, CRM software and ERP software that could fillip the management system in stretch of recession. Now I am up with one the key issue that drives businesses - expenditure. There are several small and midsized companies which rely on Excel-based travel expense reports and piles of paper purchase orders, requisitions and invoices for tracking the expenses of company. This is being largely replaced by Expense Report Software. These software allow the administrators to track and approve expenses for their workforce. To be straight the businesses can save time as well as money by automating expense report. Here's my list of  Top 10 Expense Report Software to help you out with your expenditure. Full article (497 words) »