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K. Raghu and Lison Joseph 10:15 PM | October 06,2009
The recession in the US, precipitated by the meltdown in the financial services industry, led to cuts in technology budgets, resulting in a slowdown in business for Indian software firms
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Lison Joseph 09:26 PM | September 11,2009
The firm allotted 5,000 secured and redeemable non-convertible debentures of face value of Rs10 lakh each
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Veena Venugopal 09:09 PM | August 27,2009
The plan to rescue Satyam Computers is the next big test in Nayyar’s 40-year career
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Mark to Market | Manas Chakravarty and Manas Philipose 09:48 PM | August 25,2009
The company beat the street by a wide margin, reporting a 7.6% growth by revenue in dollar terms and an 18.4% jump in earnings before interest and tax
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PTI 02:13 PM | August 18,2009
The filing for bankruptcy protection by Reader’s Digest Association (RDA), the company said in a statement, is aimed at reducing its debt burden by 75%
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PTI 02:05 PM | August 18,2009
The software exporter in March this year announced a seven-year IT operations and management engagement with RDA
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N. Sundaresha Subramanian and Ashwin Ramarathinam 11:39 PM | August 02,2009
Key listed companies’ net profit rose by an average of nearly 10% despite an overall decline in sales
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Reuters 06:54 PM | July 17,2009
The deal is expected to close on 1 August, HCL said in a statement
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PTI 04:27 PM | June 30,2009
HCL would assist in the areas of application support and maintenance, end-user computing, integrated service desk and network management
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PTI 01:03 PM | June 21,2009
The survey said the Indian investments in the EU during the current year may not reach the 2008 mark of €2.4 billion due to global economic slowdown
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PTI 04:11 PM | May 21,2009
Satyam used to be a regular in the list of competitors mentioned by its larger peers like Infosys and Wipro in their annual report filings
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Rajeshwari Sharma 09:31 PM | May 18,2009
The company is in the process of consolidating business in the country even as it looks at more content from here to serve research and education markets in the US and Europe
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Lison Joseph 10:24 PM | April 22,2009
Last week, the country’s second largest software services firm, Infosys Technologies Ltd, posted its first-ever annual decline in dollar sales as customers cut spending
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Reuters 11:12 AM | April 22,2009
Shares fell over 13% in opening deals, before trimming losses to trade 7% lower at Rs128.85 by 10:03am
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Reuters 09:19 AM | April 06,2009
Under the transaction, HCL will provide technology services for Microsoft’s online service business
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