Mahindra Satyam on Tuesday said it had won a New York court ruling to withhold taxes from a $70-million settlement payment to Britain-based Upaid Systems Ltd.
Governor Ted Strickland says outsourcing jobs 'does not reflect Ohio values'. Strickland's views on outsourcing are harsh but he wants them to invest in his state too.
Infosys, the country's second largest software company, today expressed concern over the Ohio state government's reported move to ban IT outsourcing to offshore locations such as India. Have your say
The country's software industry has slammed as discriminatory a decision by the US state of Ohio to ban offshoring of information technology projects. HT
The global meltdown has knocked out the information technology and enabled services (IT/ITes) as the top job creator and pushed it to the fourth place, says a survey on hiring trends in 2010.
Several private equity firms have approached Internet and media companies including News Corp and AOL Inc to gauge their interest in buying out Yahoo Inc, a source with knowledge of the approaches said.
Australian police served a court order on an alleged cyber bully using the social networking site Facebook, officials said on Wednesday, describing it as a national first.
The fast growing country's domestic IT services market is expected to be worth nearly USD 14 billion in the next four years, courtesy increased government spending, according to research group Gartner.
State-owned Indian Oil Corporation on Friday said it expects to launch its follow-on public offer in the third or fourth week of January.
The IT and IT-enabled services sector is set to hire more than 200,000 people in FY 2012-13 as demand grows in a maturing market and exports rise despite the difficult times in the Europe and the United States, said Nasscom and NIIT chairman Rajendra Pawar in Mumbai. Shrenik Avlani
reports. Bright future despite western gloom
India's leading information technology (IT) firms, Infosys and HCL Technologiess, are expanding their offerings in the BPO space. Shrenik Avlani reports.
In a major relief to Mahindra Satyam, the Andhra Pradesh high court on Wednesday stayed an order issued by the Income Tax department seeking attachment of the company's land and buildings.
Barely a decade ago, Infosys and Bangalore, called India’s Silicon Valley, were synonymous with each other. But in 2012, with SD Shibulal at the helm, the company plans to have more campuses in smaller cities as it is now easier to build operations and keep costs in check by fanning out.
Shares of HCL Infosystems today soared 17% on the bourses amid reports that it has won contract worth of Rs.
2,200 crore from the Unique Identification Authority of India (UIDAI).
As the US presidential election ramps up the rhetoric against offshoring jobs, India's flagship software services providers are seeking an image makeover.