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INFO-TECH
MANAGEMENT:
Satyam’s interim CEO, his team assess situation
CFO puts in papers; Registrar of Companies seizes books. Hyderabad, Jan. 8 Amidst a SEBI probe, seizure of books by Registrar of Companies, quitting of the CFO and law suits in US, a new leadership that emerged at Satyam Computer Services, was ...
PEOPLE:
Police, CBI waiting for formal complaint
Chennai, Jan. 8 The Andhra Pradesh Police or the Central Bureau of Investigation are probably waiting for a formal complaint to be lodged with them before they can proceed with the investigation against Mr Ramalinga Raju, who confessed ...
PEOPLE:
Issue of cognisable offence being raised
Mumbai, Jan. 8 Several questions are being raised on whether the Satyam Chairman, who admitted to a Rs. 7,000-crore fraud in his company, is guilty of a cognisable offence or not, and if so why he has not been arrested or at least been ...
CORPORATE GOVERNANCE:
US law firms file ‘class-action’ suits against Satyam
Mumbai/New Delhi, Jan. 8 Two US-based law firms - Izard Nobel LLP and Vianale & Vianale LLP - have filed ‘class action’ lawsuits against scam-hit Satyam Computer Services on behalf of investors who purchased the ...
INTERVIEW:
A $50-b industry cannot be clouded by ‘misdeeds’ of a few
Nasscom sees additional overheads, delays for vendors. New Delhi, Jan. 8 The IT industry is still coming to terms with the shocking confession by the Satyam promoter, Mr B. Ramalinga Raju, on falsification of company accounts and its ...
SECURITY:
Safety net for Internet
The world has been witnessing increasing use of the Internet. The Net is being widely used as a medium of trading, banking and other commercial transactions commonly termed as e-commerce. The Government of India enacted the Information ...
SOFTWARE:
IT vendors get ‘feelers’ from Satyam clients
Some customers mulling migration of work. The nervousness among clients of Satyam – following a massive accounting fraud – is ...
SOFTWARE:
Satyam’s flawed ownership model
Satyam Computer Services Limited (Satyam) is in deep trouble and despair. Its employees and shareholders have learnt through the confession of Mr B. Ramalinga Raju, its founder and the principal entrepreneur-manager, that it does not have the ...
SOFTWARE:
A lesion on the image of Brand Satyam
Bangalore, Jan. 8 When brand Satyam comes crashing down, what does it do to its own imagery and the clout of IT brands in ...
HUMAN RESOURCES:
‘Spirit of Satyam’ lives on
Hyderabad, Jan. 8 Braving gloom and uncertainty facing them, scores of Satyamites, today put up a show of solidarity in front of its offices across the city and elsewhere in the ...
OUTLOOK:
No immediate adverse impact: IT Advisor
Hyderabad, Jan. 8 The Andhra Pradesh Government does not foresee any major impact in the short term due to the financial fraud that was admitted by Mr B. Ramalinga Raju, Chairman, Satyam Computer ...
HUMAN RESOURCES:
Job switch not easy right now, say worried staff
Hyderabad, Jan. 8 A day after the shocking revelations by Satyam Computer Chairman, Mr Ramalinga Raju, employees are still reeling under its impact. While some are contemplating moves to seek opportunities outside, others are waiting to see ...
HUMAN RESOURCES:
20,000 resumes posted on job portals
HIGH ANXIETY. Mired in the Satyam controversy are careers of nearly 53,000 employees of the IT major. Online job sites and head-hunters have postings of about 20,000 resumes from the beleaguered company, say ...
FINANCIAL PERFORMANCE:
Mastek net rises 16%
Mumbai, Jan. 8 Mid size IT firm Mastek Ltd has reported 16 per cent rise in net profit for the quarter ended December 30, 2008 even as the company’s numbers were impacted by forex losses and slowdown in some ...
SOFTWARE:
‘No intention to avoid the law’
Following is the text of a letter sent to the media by Mr S. Bharat Kumar, advocate for Mr B. Ramalinga Raju, former chairman of Satyam Computer ...
TELECOMMUNICATIONS:
3G auction delayed further
New Delhi, Jan. 8 The auction for 3G mobile spectrum will get further delayed. The Department of Telecom had earlier said that it will issue the notice inviting tender on Thursday but it has not yet received the Cabinet approval for the ...
INFORMATION TECHNOLOGY:
Part and parcel of IT
Now, a hand-held device to speed up the courier delivery process.. We’ve all been through this. The courier delivery man rings the bell to hand over a cover/parcel. To confirm delivery, he asks you to sign on the acknowledgement slip and ...
HUMAN RESOURCES:
Interview insights
...
INTERVIEW:
`Clients now ask probing questions'
Any views on mergers and acquisitions (M&A)? Most Indian companies have that kind of cash. Any more on the horizon such as HCL ...
INTERVIEW:
Exciting software times ahead
Kuliza Technologies sees software product development moving beyond financial domains.. Taking time off from the recent PanIIT conference in IIT-Madras are three senior IIT-ians, busy discussing with Business Line important issues such as ...
TECHNOLOGY:
LED by innovation
Light Emitting Diodes could take over from CFL in the future.. Are electricity costs pinching your wallet? Do you clench your teeth every time your child leaves a light switched on unnecessarily in an empty room? Take heart, for innovation is ...
INTERNET:
Is the Internet addictive?
An update on changing definitions.. There is no denying that the Internet tops the spot in our lives today. From virtually instant e-mails to reading chapters from an online book or taking up a course using MIT’s Open Course Ware, the ...
BOOKS:
Men who made IT happen
...
INTERVIEW:
Explore Google
Much of what you do in a day depends on Google. “But there’s so much more that people can do with Google. Most users haven’t explored the entire spectrum of search areas within Google,” says Alok Goel, Product ...
E-MAIL:
Try this route
Slow Internet connections needn’t be a problem any more if Rediff.com India Ltd is to be believed. Its new ‘Web-in-mail’ service is a way to access the Internet in your mail. “Web-in-mail will let people ...
CYBER QUEST:
Quiz
V.V. Ramanan. 1. What is the name of the new computer by Dell that many experts believe will rival Apple’s MacBook ...
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