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MERGERS & ACQUISITIONS: Spice prefers pref issue route to acquire Satyam
New Delhi, Jan. 30 Spice Group - the latest suitor in the fray for Satyam Computer Services - on Friday said it is keen on acquiring controlling stake in the troubled software company through preferential issue of shares (by Satyam) and not ...

TELECOMMUNICATIONS: Sistema Shyam open to more acquisitions in CDMA biz
Looking out for companies to manage IT, call centre functions. New Delhi, Jan. 30 Sistema Shyam Teleservices, the latest entrant in Indian mobile space, is open to more acquisitions in a bid to get quicker access to the world’s fastest ...

MERGERS & ACQUISITIONS: Spice Comm rise puzzles marketmen
Trading quantity much higher than free-float available. Mumbai, Jan. 30 News of Spice Group’s interest in acquiring a majority stake in Satyam Computer sent up the share price of Spice Communications by more than 100 per cent during ...

MERGERS & ACQUISITIONS: L&T: Exposure to Satyam not subject to mark-to-market accounting
Decision on acquiring more stake to be put on hold now. Mumbai, Jan. 30 Larsen & Toubro’s recent investments in the Satyam stock will not be subject to mark-to-market accounting and taken to the profit and loss account as they ...

MERGERS & ACQUISITIONS: Take Solutions, Four Soft merger plan off
‘Differences on post-merger issues, including management’. Chennai, Jan. 30 The proposed merger between the Chennai-based Take Solutions and the Hyderabad-based Four Soft has been called off following “differences on post ...

FINANCIAL PERFORMANCE: Tulip Telecom Q3 profit falls 8% at Rs 49 cr due to forex losses
New Delhi, Jan. 30 Tulip Telecom Ltd has reported a decline of 8.2 per cent in profit to Rs 49.64 crore for the third quarter ended December 31, ...

CORPORATE GOVERNANCE: SEBI’s plea to quiz Rajus posted for Feb 9
Hyderabad, Jan. 30 The Securities and Exchange Board of India will have to wait till February 9 to get to know when it can quiz Mr B. Ramalinga Raju and Mr B. Rama Raju, former Chairman and CEO of Satyam Computer. ...

SOFTWARE: Mastek solution for Catholic Mutual
...

HUMAN RESOURCES: Satyamites to get salaries today
‘Funds raised to clear outstanding dues’. Hyderabad, Jan. 30 After passing through harrowing times for the last one month, the 53,000 associates (the number which is a subject of serious discussion) of Satyam Computer Services are ...

SECURITY: HCL to enter security equipment production soon
Mumbai, Jan. 30 HCL Security, a wholly owned subsidiary of the $3.1-billion HCL Infosystems, will venture into manufacturing security and surveillance equipment in a ...

IT TRAINING: Educomp bags Rs 120-cr orders from UP, Assam
Educomp Solutions has received orders from Uttar Pradesh and Assam for information and communication technology (ICT) implementation in 2,042 schools. The combined worth of these orders are Rs ...

SOFTWARE: State Farm-Satyam pact to end on Feb 14
Hyderabad, Jan. 30 The 15-year association between State Farm Insurance of the US and the crisis-hit Satyam Computer Services will end on February ...

FINANCIAL PERFORMANCE: Hinduja Global net falls 8%
Bangalore, Jan. 30 Outsourcing solutions provider Hinduja Global Solutions, earlier known as HTMT Global Solutions, reported a 7.8 per cent decline in net profit for the December quarter though revenue increased 31.9 per ...

FINANCIAL PERFORMANCE: Ramco Systems incurs Rs 10-cr loss in Q3
Chennai, Jan. 30 Ramco Systems Ltd reported a net loss of Rs 10 crore for the third quarter ended December 31, 2008, compared with a net profit of Rs 18 crore in the corresponding quarter ...

CORPORATE GOVERNANCE: PIL filed in High Court
Hyderabad, Jan 30 Two more writ petitions were filed in the Andhra Pradesh High Court on Friday involving the former Chairman of Satyam ...

From eWorld

OFF-SHORE DEVELOPMENT: Queuing up for India
The Satyam episode will not slow down the offshoring momentum and India will remain the destination of choice, say industry people.. Is the offshoring wave receding from Indian shores on the back of the Satyam episode? This is the question ...

SECURITY: Missing the message?
A recent US report has downplayed fears of child Internet safety, sparking off strong criticism.. For all its amazing usefulness to many sections of society, the Internet remains a centre of controversy. As against millions of those who swear ...

INTERVIEW: ‘The battle’s in your inbox’
Symantec sounds warning on ‘social engineering’ spam that taps tragedies to trap users.. When tragedy strikes, spammers aren’t far behind to capitalise on the chance to play dirty. The battle is right there in your inbox. ...

INTERNET: Bringing them into the loop
Computer programmer draws N-E States into the social networking scene.. There are those who lament that the Indian IT industry is rather limited to low-end services and there is hardly any innovation that one gets to see.But innovation is taking ...

INTERNET: ePen for teachers
UK-based Edexcel has come up with technology for automated answer sheet marking.. Exams are the bane of any student’s life. Unbelievable as it may seem, teachers too don’t like exams. Can you imagine reading and marking scores of ...

INTERNET: Campus buzz
Youngsters turn to Net to help student community keep in touch.. People look up newspapers to know the happenings in a town/city. FM radio channels air the schedule of events everyday as also the local ...

BOOKS: If you’re closed to feedback, don’t blog
But blogging could be rewarding too, for companies, says this book.. Should the CEO be asked to blog? Not necessarily, say Rajeev Karwal and Preeti Chaturvedi in Corporate Blogging in India (
CYBER QUEST: Quiz
V.V. Ramanan. 2. According to a researched study, what is considered by many to be the most used application ...

CARTOON: Cartoon
...






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In Focus
Who is hiring?

More

Other Top Stories
State Farm-Satyam pact to end on Feb 14

Satyamites to get salaries today

RBI to allow prepaid instruments up to maximum value of Rs 50,000

Hiring sentiment falls to new low

PNB net profit grows 86% on surge in treasury income

Spice Comm rise puzzles marketmen

L&T: Exposure to Satyam not subject to mark-to-market accounting

Looking back
Jan. 18-Jan. 24
Satyam: ICAI report on Price Waterhouse role in 30 days

Safe custody of Satyam audit documents vital

Clarity on 3G auction dates next week: DoT

Satyam: Obvious caution signs ignored

Transactions of 5 Satyam front cos under scanner

New venture, school projects pull NIIT net down 60%

Satyam board finalises arrangements for Jan salary for staff

Idea Q3 net dips 7%

SFIO also to examine Satyam’s headcount inflation angle

Banks assist CID in Satyam probe

‘Outsourcing to slow down, consolidation likely’

‘Clients in wait & watch mode’

Retail investors picked up most shares sold by Satyam promoters

Brandline



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