Intel Capital, the venture capital arm of Intel, is targeting India and other emerging markets as the next growth opportunities.
Stories by John Ribeiro
Google is planning to lay off 100 recruiters, and is closing down engineering offices in Texas, Norway, and Sweden as the company copes with the global economic downturn.
The board of Satyam Computer Services has hired two accounting firms to restate the accounts of the scandal-ridden company.
Indian outsourcer Wipro said Monday that the company was barred from direct contracts from the World Bank, after family and friends of the bank's CIO and other senior executives purchased Wipro shares under a program set up by the company.
The government-appointed board at financially troubled Indian outsource Satyam Computer Services has decided to appoint an accounting firm in the next 48 hours to restate the company's accounts.
The Indian government appointed three members to the board of Satyam Computer Services on Sunday, promising that the new board will provide direction to the company which is reeling from a financial scandal.
Troubled Satyam Computer Services attempted on Thursday to reassure customers and investors that it could keep the company afloat, but did not discuss specific measures.
The chairman of troubled Indian outsourcer Satyam Computer Services on Wednesday tendered his resignation to the company's board of directors, admitting that the company inflated its financial results.
The revelation on Wednesday by Indian outsourcer Satyam Computer Services that it had fiddled with its accounts will likely have an impact on other Indian outsourcers, according to analysts.
Indian outsourcer Satyam Computer Services has demanded an apology from the World Bank for statements made after it barred Satyam from the bank's direct contracts for a period of eight years.
The World Bank has declared Indian outsourcer Satyam ineligible to receive direct contracts from the bank under its corporate procurement program for eight years.
Satyam Computer Services, India's fourth largest outsourcer, said Tuesday it will invest in construction companies in a bid to deliver higher shareholder value in an otherwise challenging environment.
One of India's key advantages as an offshore outsourcing location was its lower cost. But it may be losing this advantage to countries like Pakistan and Vietnam, which now offer staff at far lower costs than in India.
Yahoo's lab in India is developing technology that will summarize information about web search results rather than simply offer links as search engines currently do.
Yahoo might open access to a broader range of technologies beyond just search, a company executive said.