Closely Following Satyam Events: Cigna
by UTVi Desk    Jan 22, 2009
Category : News & Analysis
US-based health insurer Cigna said it was closely following the events at Satyam Computers, according to agency reports   US-based health insurer Cigna said it was closely following the events at Satyam Computers, according to agency...
Tags: Cigna, Satyam
Not Interested in Satyam or Maytas: Premji
by CXOtoday Staff    Jan 21, 2009
Category : News & Analysis
The country's third largest software exporter Wipro has ruled out taking over scam-hit Satyam Computer or Maytas Infra. Wipro Chairman Azim Premji addressing the media during the announcement of its third quarter results said, "We have no...
Ventakesh Roddam May Lead Satyam
by Rouhan Sharma, UTVi    Jan 19, 2009
Category : News & Analysis
Technology : Infrastructure
The search is on for a new CEO and CFO for Satyam Computer.Sources inform that  ex-head of Satyam BPO Nipuna Venkatesh Roddam is a strong contender to take over as CEO of Satyam Computer.Roddam, who has over 18 years experience in the...
Satyam Stocks may Attract Investors: Sunil Shah
by UTVi Desk    Jan 19, 2009
Category : News & Analysis
Sunil Shah, (MD) of Evergreen capital advisors, said there are embedded assets in Satyam to attract investors. I am sure there are people who would see that there is great opportunity to enter the stock at Rs 25-30 and opportunity to buy....
Turbulent Times for IT Decision-Makers
by Tabrez Khan    Jan 19, 2009
Category : Columns
Technology : Infrastructure
These are turbulent times for IT companies and by way of association for their customers, who outsource IT functions to them and have them as long-term strategic vendors. Nortel Networks' declaration of bankruptcy might have come as another...
Board Discusses Liquidity, Customers, Leadership
by CXOtoday Staff    Jan 19, 2009
Category : News & Analysis
Technology : Infrastructure
The newly constituted board of Satyam Computer Services Limited extended deliberations on matters relating to enhancing liquidity, leadership issues and customer concerns.   The concerns were discussed at a meeting that was...
Satyam Denies Leadership Fled India
by CXOtoday Staff    Jan 16, 2009
Category : News & Analysis
Satyam has denied media reports that stated that its top leadership had fled India in a bid to avoid interaction with the investigation agencies. Coming clean on its management, the Satyam (SATYAM) today said that while Keshab Panda is in...
Nasscom to Assess Growth Post-Satyam
by Balakrishnan, UTVi    Jan 15, 2009
Category : News & Analysis
Despite the industry classifying the Satyam case as a one-off incident, it will directly impact the IT industry yearly growth numbers. Nasscom earlier in late 2008 had lowered the growth rate to around 21-24% and now may be forced to lower the...
Tags: Nasscom, satyam
PwC: Satyam Audit View Unreliable
by CXOtoday Staff    Jan 14, 2009
Category : News & Analysis
Technology : Infrastructure
 In a letter to the BSE, and addressed to the new Satyam (SATYAM) board, Pricewaterhouse Coopers (PwC) has stressed that their audit reports for the audit period June 2000 to September 2008, should not be relied upon.   ...
WB Awards Satyam Projects to TCS
by CXOtoday Staff    Jan 13, 2009
Category : News & Analysis
Technology : Hardware & Software
The World Bank has awarded many of its IT contracts earlier handled by Satyam Computers, to Tata Consultancy Services. The bank has debarred Satyam from doing business with it. "We have hired Tata Consultancy Services (TCS) to do much...
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