Google will lay off 100 recruiters, shift to fewer sites
Google is planning to lay off 100 recruiters, and is closing down engineering offices in Texas, Norway, and Sweden as the company copes with the global economic downturn.
Stories by John Ribeiro
Satyam hires accounting firms to restate accounts
The board of Satyam Computer Services has hired two accounting firms to restate the accounts of the scandal-ridden company.
Wipro barred from World Bank contracts
Indian outsourcer Wipro said Monday that the company was barred from direct contracts from the World Bank, after family and friends of the bank's CIO and other senior executives purchased Wipro shares under a program set up by the company.
Satyam appointing new accounting firm to restate accounts
The government-appointed board at financially troubled Indian outsource Satyam Computer Services has decided to appoint an accounting firm in the next 48 hours to restate the company's accounts.
New board taking charge at scandal-ridden Satyam
The Indian government appointed three members to the board of Satyam Computer Services on Sunday, promising that the new board will provide direction to the company which is reeling from a financial scandal.
Satyam tries to reassure customers, investors
Troubled Satyam Computer Services attempted on Thursday to reassure customers and investors that it could keep the company afloat, but did not discuss specific measures.
Satyam chief quits, admits faking financial results
The chairman of troubled Indian outsourcer Satyam Computer Services on Wednesday tendered his resignation to the company's board of directors, admitting that the company inflated its financial results.
Indian outsourcers face scrutiny after Satyam debacle
The revelation on Wednesday by Indian outsourcer Satyam Computer Services that it had fiddled with its accounts will likely have an impact on other Indian outsourcers, according to analysts.
Satyam demands apology from World Bank
Indian outsourcer Satyam Computer Services has demanded an apology from the World Bank for statements made after it barred Satyam from the bank's direct contracts for a period of eight years.
Satyam barred from World Bank business
The World Bank has declared Indian outsourcer Satyam ineligible to receive direct contracts from the bank under its corporate procurement program for eight years.
Indian outsourcer Tata to sponsor Ferrari
India's largest outsourcer Tata Consultancy Services (TCS) said on Thursday that the Tata logo will be displayed on the Ferrari F1 car for the 2009 Formula One season.
Indian outsourcer Satyam diversifies into construction
Satyam Computer Services, India's fourth largest outsourcer, said Tuesday it will invest in construction companies in a bid to deliver higher shareholder value in an otherwise challenging environment.
India's competitors catching up as outsourcing hotspots
One of India's key advantages as an offshore outsourcing location was its lower cost. But it may be losing this advantage to countries like Pakistan and Vietnam, which now offer staff at far lower costs than in India.
Yahoo could open access to Flickr, other technologies
Yahoo might open access to a broader range of technologies beyond just search, a company executive said.
Yahoo technology will offer abstracts of search results
Yahoo's lab in India is developing technology that will summarize information about web search results rather than simply offer links as search engines currently do.