MNCs may opt for setting up own captives
Customers in offshoring industry are now desperately wanting for more control in their outsourced activities, thanks to the Satyam fiasco followed...
Monday, 30 November -1, 05:30 IST
Two senior Satyam staff leave India
Following the footsteps of Satyam's former interim CEO Ram Mynampati, two other senior staff members of the company have furtively left the...
Monday, 30 November -1, 05:30 IST
Oracle lays off several hundred employees
Oracle, the third largest software maker in the world has laid off several hundreds of its more than 86,000 employees.
Monday, 30 November -1, 05:30 IST
Volvo S60 concept brakes itself to avoid pedestrians
The new Volvo S60 concept unveiled ahead of the Detroit Auto Show later this month features a revolutionary new driver safety system which brakes...
Monday, 30 November -1, 05:30 IST
Deloitte, KPMG are new joint auditors for Satyam
The newly appointed three-member board of fraud-hit Satyam Computer Services Wednesday appointed Deloitte and KPMG as the new joint auditors for the company in place of PricewaterhouseCoopers.
Don't rely on our Satyam audit: PwC
In a curious twist to the Satyam Computer Services fraud, its erstwhile auditors PricewaterhouseCoopers (PwC) have said their opinion on the financials of the beleaguered company may be rendered "inaccurate and unreliable".
