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MANAGEMENT: Who will make it to the new Satyam board?
Lazard keen on say; LIC, AP Govt may get berths. New Delhi/Mumbai/Hyderabad, Jan. 10 Financial institutions Lazard and Life Insurance Corporation of India as well as the Andhra Pradesh Government are among those who may clinch some of the berths ...

CORPORATE GOVERNANCE: The numbers don’t add up
Satyam-gate. The Satyam fiasco has been written about from several angles — corporate governance, auditor omissions and commissions, and the plight of the employees. But with a depletion of 82 per cent in the stock’s value from the ...

SOFTWARE: Ramalinga Raju remanded to judicial custody
Hyderabad, Jan. 10 On a day of high drama, the fallen Indian IT leader, Mr B. Ramalinga Raju, found himself drawn away from the comfort of 5-star luxury and high echelons of power to the claustrophobic confines of the ...

SOFTWARE: Banks cutting credit card limits for Satyam staff
‘Shocked how things can go wrong all of a sudden’. Hyderabad, Jan. 10 The Satyamites, who were amongst the most pampered employees in the industry till recently, are feeling the pinch of the Satyam fiasco not only in office but ...

SOFTWARE: IT: A more vulnerable sector?
The best in practices — best disclosures, best corporate governance, best presentation of financials and high degree of corporate social responsibility. If there is one sector that qualifies on each one of these parameters in India, it ...

SOFTWARE: RBI asks banks to furnish info on exposure to Satyam Group
‘Move to assess systemic impact of fraud’. New Delhi/Mumbai, Jan. 10 Reserve Bank of India (RBI) has asked banks to furnish information to the central bank on their fund and non-fund based exposure to Satyam Computer Services Ltd ...

ENTERPRISE RESOURCE PLANNING: Satyam: Railways arm to take legal view
CRIS, the IT arm of Indian Railways, will take a legal view before proceeding any further on a letter of allotment it had issued to Satyam Computer Services in early January. The value of the letter of allotment issued is approximately Rs 5.3 ...

SOFTWARE: RoC teams poring over Satyam books
Raju may face charges of falsification. Hyderabad, Jan. 10 The Registrar of Companies (RoC), which is probing into the Rs 7,136-crore fudged financial numbers case involving former Chairman of Satyam Computer Services Mr B. Ramalinga Raju, is in ...

SOFTWARE: No inkling of Satyam’s financial mess: T.R. Prasad
Hyderabad, Jan. 10 Mr T.R. Prasad and Prof. V.S. Raju, the two independent directors on the now disbanded Board of the crisis-ridden Satyam Computer Services, have welcomed the Government move and wanted a thorough enquiry into the ...

SOCIETY & DEVELOPMENT: Prof C.K. Prahlad quits HMRI
Ramalinga Raju steps down from various boards. Hyderabad, Jan. 10 The shocking happenings at Satyam Computer Services have started taking a toll on the governing boards of several organisations in ...

SOFTWARE: ICAI issues notice to Price Waterhouse
New Delhi, Jan. 10 The auditing profession regulator Institute of Chartered Accountants of India (ICAI) has ruled out the introduction of the concept of mandatory audit firm rotation for listed ...

SOFTWARE: Nasscom chief hails Govt move on Satyam
Hyderabad, Jan. 10 The Union Government’s decision to scrap the present, depleted board of Satyam Computer Services has been seen as a good move not only to protect the interests of the company and its 51,000-strong employees, but also ...

HUMAN RESOURCES: When companies go bust, employees suffer the most
Satyam Computer Services, a company that employs half-a-lakh people, is in deep crisis now, after it became evident that the company’s numbers were being falsified over the past several years. Employees are now keeping their ...

From eWorld

HARDWARE: A new stream of revenue
Hardware players are wooing clients with new fare — virtualisation and consolidation are lures, for sure.. As the ripple effects of the global economic slowdown reach Indian shores, hardware giants such as Hewlett Packard, Sun ...

INTERVIEW: Your mobile number — for keeps
Indian mobile users will soon get the benefit of Mobile Number Portability (MNP), which will allow them to change their operator without having to give up their phone number. Navin Suri, Vice-President, Telcordia, one of the companies ...

SOFTWARE: Shot in the arm for patients
One patient at home is task enough so you can imagine how hospitals manage. Healthcare management software helps smoothen the work of both doctors and patients. In a burgeoning healthcare market, the iSOFT eHIS is an interesting ...

STOCK MARKETS: When every second counts
9:57 a.m.: “Your order is currently being ...

INTERVIEW: Falling short on security
There are serious gaps in information security, warns Teknotrends Software.. Many security aspects are being discussed threadbare in the context of the recent Mumbai terror attack. From an information technology (IT) perspective, the most ...

INTERVIEW: ‘Satyam case unlikely to slow offshoring rate’
Even given Satyam’s shocking disclosures last week, there still is no alternative to India as a location, says Value Leadership Group.. Satyam Computer Services’ pricing has been more aggressive causing its services to cost less than ...

BOOKS: Smart on the job
Who is better at work and multi-tasking — Net Geners or the older?. Who are better at work — the young or the older? To see whether young people really can multitask more effectively than older people, the Oxford Future of the Mind ...

HARDWARE: Visibility sells
If you are looking for a better return on your advertisement budget, or are considering newer channels of reaching out to customers, search engine marketing could be your answer.The medium, which is still relatively small in India, is ...

TELECOMMUNICATIONS: A little more privacy, please
...

CYBER QUEST: Quiz
V.V. Ramanan. 1. Name the first World Wide Web browser written for Windows PCs that debuted on June ...

CARTOON: Cartoon
“Can you call back a little later? He’s on the ...






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Markets (Jan 10)
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US Dollar (Buy/Sell)48.30/31
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Silver (a kg) Rs19,120


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In Focus
Who is hiring?

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Sum & substance of Chinese imports

ICAI issues notice to Price Waterhouse

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Strike will continue, says AIMTC

Nasscom chief hails Govt move on Satyam

NYSE to resume Satyam trading

RoC teams poring over Satyam books

India slips to 41st rank on Global Innovation Index 2008-09

Looking back
Jan. 4-Jan. 10
Satyam promoters’ stake falls below Aberdeen Group

Hiring outlook positive; but at slower pace

Evaluations over, no pink slips: Satyam

Equity sale by new telcos: TRAI seeks details

Satyameva jayate!

Price Waterhouse hides behind client confidentiality

Forrester sees delay in sales cycle

Satyam’s loss is others’ gain

IT vendors get ‘feelers’ from Satyam clients

Can confession help Ramalinga Raju?

IT majors prefer to park cash with Indian banks

HCL Tech, Genpact reach out to clients

Life



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