Business Daily from THE HINDU group of publications Friday, February 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH PEOPLE: Satyam insider is CEO A.S. Murty a surprise choice; Khusrokhan, Datta appointed Special Advisors. Hyderabad, Feb. 5 Ending days of speculation, the Government appointed Satyam Board has opted for Mr A.S. Murty, an insider, for the top slot to steer the embattled ... HUMAN RESOURCES: 59 Mastek ‘benched’ staff to quit Mumbai, Feb. 5 Fifty-nine employees of Mastek Ltd have decided to leave the company three days after the IT firm ‘benched’ 10 per cent of ... PEOPLE: The smiling man at Satyam’s helm Hyderabad, Feb. 5 At Satyam, ASM means, ‘Always Smiling Murty’. This ‘smiling Murty’, finds himself suddenly vested with the challenge of steering his company out of, paradoxically, a rather ... SOFTWARE: Satyam appoints lawyers to fight class action suits SEC team in Hyderabad, holds talks with company’s board. Hyderabad, Feb. 5 The beleaguered Satyam Computer Services has decided to fight 12 class action suits filed against it in the US by appointing Wachtell, Lipton, Rosen & Katz ... INSIGHT: Fusing the 3G ecosystem Operators have played a key role in driving India’s telecom ecosystem. With 3G, they have a chance to continue building a pan-India network.So far, I have shared my thoughts on how 3G technology can help transform India, and the ... TELECOMMUNICATIONS: MTNL launches 3G services in Delhi To charge a monthly rental of Rs 599. New Delhi, Feb. 5 Mahanagar Telephone Nigam Ltd has become the first telecom operator in the country to launch third generation (3G) mobile services. But the service is on the expensive side as mobile users ... COURTS/LEGAL ISSUES: SFIO moves court to quiz Raju brothers Hyderabad, Feb. 5 The Serious Fraud Investigation Office (SFIO) has filed a petition in a city court on Thursday seeking permission to question the former Chairman of Satyam Computer Services, Mr B. Ramalinga Raju, in connection with the ... HUMAN RESOURCES: ‘More Infy employees under performance lens this year’ New Delhi, Feb. 5 Admitting that the industry’s tolerance towards non-performers had come down amid the global economic crisis and slower growth, the member of the Infosys board, Mr T.V. Mohandas Pai, on Thursday said ... PEOPLE: Khusrokhan: Always up to the challenge! Mumbai, Feb. 5 He has always been up to the challenge, even if it meant taking on Swede tennis-ace Bjorn Borg at a match in Goa, is how Novartis India’s chief Mr Ranjit Shahani describes Mr Homi R. Khusrokhan, now appointed as ... FINANCIAL PERFORMANCE: WNS net income drops 61.8% in Q3 Mumbai, Feb. 5 The country’s second largest pure play BPO company, WNS (Holdings) Ltd, has reported a 61.8 per cent dip in net income including minority interest for the third quarter ended December to $2.1 million (about Rs 10.3 ... CORPORATE GOVERNANCE: I-T Dept looking at past TDS claims of Satyam New Delhi, Feb. 5 The income-tax department is investigating into various aspects of the Satyam Computer Services scandal including the one on possible fictitious or inflated claim of tax deduction at source (TDS) relating to ... SOFTWARE: VSoft to market cheque-imaging solutions Hyderabad, Feb. 5 VSoft, a cheque-imaging and data management software solutions company, has completed a pilot for a public sector bank and is in the process of entering into a pact with it for offering cheque-imaging and ... PEOPLE: New appointment at Saba Soft ...
ECONOMIC OFFENCES: From spotlight to shadow The man who added sheen to Madhapur, considered to be the Silicon Valley of AP, has now fallen into disrepute.. Though cliched, the best description for Madhapur, the hub of all IT activity in Andhra Pradesh, would be that it was just a ... ELECTRONICS: The power of cause and effect Economic crisis reports hit sales for this electronic components manufacturer — with no real dip in demand. Unravel this chain and you get the real picture.. Recently, we spent time with a group of top managers of a Japanese company, a ... INTERVIEW: ‘Share telecom resources to deliver more value’ This is the message of the former chairman of VSNL to public and private players.. By sharing infrastructure, innovation and expertise, by avoiding duplications or re-inventing the wheel or the sliced bread, the public and private sector ...
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