Foreign audit firms not to probe PwC: Satyam director
The audit firms appointed to restate the account books of scam-tainted Satyam Computer Services will not investigate the role of...
Monday, 30 November -1, 05:30 IST
Google, Motorola announce job cuts
Even mighty Google is feeling the effects of the global recession. The advertising and software giant is cutting 100 recruiting jobs and plans to...
Monday, 30 November -1, 05:30 IST
Satyam denies top executives fled India
Fraud-hit Satyam Computer Services Thursday denied that its top executives had fled the country. The IT bellwether termed as "malicious" reports in...
Monday, 30 November -1, 05:30 IST
Tarun Das among three new directors on Satyam board
The government Thursday named three more directors to the Satyam Computer Services board, including Tarun Das, chief mentor of the Confederation of...
Monday, 30 November -1, 05:30 IST
PWC's role shackles investors trust on auditors
The auditor's role in a company has lost its prominence with the PricewaterhouseCoopers (PWC) resorting to an inadequate statement about the cooked-up balance sheet of Satyam.
Nortel bankruptcy pulls down Indian IT stocks
Indian IT firms received another jolt Thursday when Canada-based Nortel Networks, one of North America's largest telecom equipment firm and an important client for outsourcing firms here, filed for bankruptcy.
