admitted 1bn
RSS admitted 1bnSatyam deal could spell trouble for BT
News Satyam has been looking for a buyer since March, following the arrest earlier this year of its founder and former chairman B Ramalinga Raju after he admitted the company's books had been inflated by nearly... [15 Apr 2009]
Satyam customers told: Batten down the hatches
News Speaking from Satyam's headquarters in Hyderabad today, senior Indian banker and new Satyam board member Deepak Parekh said that on paper the company has enough money coming in to cover its debts but admitted that at the... [12 Jan 2009]
UK lines up £1bn in outsourcing despite downturn
News He admitted the company expected a tough third quarter, saying its revenue projections were "flat" at between 29.4bn rupees (£347m) and 30.3bn rupees (£359m). Outsourcing giant Satyam could close up to... [20 Oct 2008]
Government 'mortgaging our high tech future'
News The government admitted that RDA funding will help pay for the housing measures but said it will put £4bn into RDAs over the next three years. The UK government has been accused of "mortgaging the future" after it pulled... [22 Sep 2008]
IBM sets out storage strategy
News The company said the announcement would include around 30 new and upgraded products, but an IBM executive admitted that the announcement was "so big" it was difficult to pin down the exact number. IBM has announced a... [08 Sep 2008]
Council mega-project set to double savings
News But Evans admitted this first project was not without its problems. Birmingham City Council's ambitious business and technology transformation project is on course to save more than double the amount the organisation was... [07 Aug 2008]
Suffolk Councils join up IT to save costs
Case Study Taylor admitted some of the savings here came from a reduction in headcount of 70 full-time-equivalent IT roles. Suffolk County Council and Mid Suffolk District Council have merged IT departments in a wider initiative to... [05 Feb 2008]
Tax payer still owed millions by EDS
News HMRC admitted to PAC the computer system, now looked after by Capgemini, remains "fragile", making it difficult to improve tax credit processing - with software errors still affecting some payments. MPs have called on... [05 Feb 2008]
Negative image hinders Russian IT outsourcing
News Dmitry Milovantsev, Russian deputy IT minister, claimed in an interview in Moscow attitudes are changing and the Russian economy is being reborn as "an economy of high technologies", although he admitted the country... [15 Feb 2007]
Photos: Outsourcing to Russia
Photo Milovantsev admitted Russia cannot compete with India and China on cost and scale but said: "If we position Russia against India and China, Russia loses its competitiveness. Milovantsev admitted... [15 Feb 2007]
BT's 21CN: A rush job?
News This is the first time the telco has admitted the programme should have taken a decade. BT's delayed £10bn network upgrade should have taken a full decade to install, according to one of the telco's top executives. [23 Nov 2006]
Can 'scam sweeps' clean up the internet?
News Few scammers are stopped, Mike Haley, head of the OFT Scambusters team, admitted: "It's not been a high number but there have been some high-profile ones. The OFT has admitted that the international... [02 Feb 2006]
Whitehall failing to learn from decade of IT disasters
News But Leigh also admitted that a "great deal of progress" has been made in the last 10 years and cited the "valuable steps forward" taken by HM Customs in the use of new technology and the successful negotiation of... [06 Dec 2005]
Dell profits dip
News Rollins admitted that Dell's sales teams were too aggressive in selling computers at a discount - $400 laptops and $300 desktops in some cases. Dell, whose direct-delivery model for years helped it grow faster than the... [11 Nov 2005]
Yahoo! 'helped China jail journalist for state secret leak'
News Shi admitted sending the email but disputed whether it was a secret document. A French media watchdog group claimed on Tuesday that Yahoo! provided information which helped Chinese officials convict a journalist accused... [07 Sep 2005]
