Satyam 1bn
Banks ditch offshorers for own techies abroad
News Increased regulatory scrutiny, failure of offshorers to deliver and the recent revelations of a £1bn fraud at Indian outsourcer Satyam are making banks wary about trusting outside companies to handle... [10 Mar 2009]
Controlling stake in Satyam up for grabs
News Satyam Computer Services confirmed on Monday that it would put 51 per cent of its business up for sale. In October, Satyam said it believed it would have achieved close to £1bn worth of... [09 Mar 2009]
Satyam appoints new CEO
News Satyam's board has decided on a new chief executive. He has worked within Satyam for the last 15 years, most recently as chief delivery officer. Deepak Parekh, a member of the Satyam... [09 Feb 2009]
Satyam scandal, police search row and Apple without Jobs
News Satyam chief quits over financial irregularities The other big story in January was the admission by the founder of Indian outsourcing giant Satyam that the company had inflated its revenue by nearly... [02 Feb 2009]
Bangalore chilled by Satyam scandal
Comment Indian outsourcing companies will have a hard time regaining the trust lost from the recent Satyam scandal, says Saritha Rai. Thousands of outsourcing professionals in the city have caught the chills after B Ramalinga... [22 Jan 2009]
Satyam customers told: Batten down the hatches
News Analysts are warning Satyam's customers to prepare themselves against the risk of disruption of services from the troubled outsourcer. It follows last week's admission by Satyam's founder and former... [12 Jan 2009]
UK lines up £1bn in outsourcing despite downturn
News Outsourcing giant Satyam could close up to £1bn in deals in the UK as it finds new business outside the credit-crunch-hit financial sector. Dr Keshab Panda, head of Satyam's European... [20 Oct 2008]
Indian suppliers to double UK IT market share
News India's top five services companies - HCL, Infosys, Satyam, TCS and Wipro - are on course to grow their share of the UK software and IT services market from just under three per cent to seven per cent over the next three... [23 Jan 2008]
Huawei's $1bn R&D pot 'matches Western rivals'
News Click on the links below to see photo galleries of the cities and companies visited.¦ Satyam's IT campus ¦ Hyderabad's tech parks ¦ Bringing tech to rural India ¦ High-tech on the streets of Pune ¦ Pune - the... [06 Sep 2007]
Offshoring giants growing at breakneck speed
News Satyam said its software services revenues stood at $376m, an increase of 33.3 per cent compared to the same quarter last year, with net profit, at $71.1m up 24.3 per cent year on year. Satyam's... [19 Jan 2007]