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Satyam to lay off 5,000 employees?
This could be shocking news for the employees of the Satyam Computers, as new board of the company may press to lay-off 5,000 employees. The meeting of new board members of Satyam Computer is scheduled to be held on June 11, and likely to take core d...
Airline-Sector Woes Slam India's Highflier
Running an airline is a reliable way to lose money. The turbulent ride of India's Jet Airways shows why.Naresh Goyal shook up Indian aviation when he founded Jet in 1992. With punctual flights, new planes and friendly service, Jet was the first carri...
IT- Hinduja group unveils big plans for Difiance Tech
CHENNAI: The diversified multi-billion Dollar conglomerate Hinduja group, with global presence across 30 countries, unveiled its big plans on Thursday for its engineering and design services company — Defiance Tech. It is set to ramp up operations...
Tech Mahindra writes to World Bank
Tech Mahindra, the new owner of the troubled Indian IT services firm Satyam, has officially written to the World Bank seeking an end to the eight-year ban against Satyam Computer Services for allegedly providing improper benefits to the bank's staff...
Scam-hit Satyam Computers renamed Mahindra Satyam
Scandal-hit Satyam Computers has been named Mahindra Satyam. The logo will be adopted from the Mahindra Group. Speaking on the rebranding initiative, Mr. Anand Mahindra, Vice Chairman & Managing Director, Mahindra Group, said, “Customer centricity...
Indian Railway Employees: Sixth Pay Commission Pay hike after budget
As we had reported in our previous article New Pay Band of Indian Railway Employees: Sixth Pay Commission. Now, the news is getting hotter in expectations for the Railway Budget, which is slated to come out on July 8th 2009. The new Railways Minister...

