The company will launch the autos in Hyderabad within three months.
In an interview with K Rajani Kanth, NCR Corporation's managing director (India, Nepal and Sri Lanka) Pradeep Sen outlines the company's road map for India, including its plans to scale up its research and development efforts, manufacturing capacity expansion and taking the partner-ecosystem route to penetrate the petroleum and general retail segment.
Three days after announcing the reinstatement of the variable portion of staff salaries, Mahindra Satyam (earlier, Satyam Computer Services) has begun re-introducing other benefits, including employee stock option plans (ESOPs), beside giving promotions and salary hikes across different bands (grades).Mahindra Satyam, now treading a recovery path after it was hit by a big scandal involving its top management, had withdrawn variable pay in April this year.
The public sector oil companies -- Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum -- may suffer a Rs 25,000 crore revenue loss on fuel sales this fiscal, said S Behuria, chairman and managing director, IOC.IOC, BPCL and HPCL incurred a revenue loss of Rs 1.03 lakh crore on sale of petroleum fuel in 2008-09. The global rise in crude oil prices will increase the under-recoveries for PSUs on sale of fuel at controlled prices.
A regular visitor to the the Small Industries Service Institute's library in Vijayawada, where he was brought up, Raju browsed through various books and business journals and zeroed in on an idea that required more thought-processing and innovation and less investments.
Around 29,533 candidates who got registered at the state district employment exchanges are not likely to get jobs because of computer errors, caused by the staff at these exchanges, and usage of outdated technology, according to the Comptroller and Auditor General of India.
Intelligroup had, in 2007, acquired IGS Novasoft, a UK-based company, which had a good SAP implementation methodology, for $3 million (Rs 14.7 crore).
"The portal will be accessible to both existing employees as well as the 8,000-10,000 associates who received sabbatical letters as part of the VPP. The internal portal provides modules on competency enhancement, outplacement services, coaching and counselling support for financial planning and project and knowledge management," a Satyam spokesperson said.
These facilities will accommodate 3,500 employees, who will be moved to the two company-owned campuses.
"The results, new client wins and business orders show good signs of our jobs being intact. With the media reports indicating that the company's annualised revenue run-rate would be much higher than expected, we are now confident that Satyam and its new owner will keep the people on the bench busy with new client engagements in the coming months," said a Satyam associate. A top official added, they're especially happy with the announcement of $380 million worth of new orders.
Scraping, which implies lifting content from the original site and placing it on some other site without authorisation of the original developer, has consistently proved a sore point for Indian gaming companies since it robs them of potential revenue. Now, however, with clever use of technology, online flash game advertising firms like MochiAds, Inviziads and Gamejacket are putting game developers back in control of their content.
Tech Mahindra's acquisition of Satyam Computer Services, according to an internal survey, has helped in restoring the confidence of the latter's clients, many of whom were thinking of terminating their ties with the fraud-hit IT firm.
The bench consisting of acting Chief Justice of Madras High Court S J Mukhopadhyaya and Justice Ibrahim Kalifula on Monday set aside the earlier order according to which TVS Motors was restrained from using the twin spark technology, which was patented by Pune-based, India's second largest two wheeler manufacturer Bajaj Auto.
TM has an agreement with the Union of European Football Associations, while Satyam has signed up with Fifa. A Satyam spokesperson said: "Tech Mahindra has been providing mobile streaming services to Uefa, besides other telecom services. The company will support us by offering its technology expertise in football. We will go together for the two World Cups." TM and Satyam's alliance on sports may not end with the World Cup and may expand to other disciplines as well.
One associate feels rebuilding trust in existing and prospective clients will take six months to a year. "Currently, it's business as usual for those who are involved in project development but not for those in business development. We don't have financials and without it we cannot convince clients about our capabilities. Now that we have come under the umbrella of Tech Mahindra, things may change for the good soon," he said.
The original finalisation date was April 31. At a hearing on the issue at the High Court in Chennai, counsel for ICICI Bank, which leads the consortium of banks handling the recast, said it was negotiating with others on an extension. The next hearing on extricating the Chennai-based retail chain from its present quagmire will be on April 17.
Election 2009 is revitalising the Indian gaming companies' interest in developing games based on political and election themes for online and mobile platforms.
Hyderabad-based game development company 7Seas Technologies Limited has developed five free online political games that enable you to make politician do all kinds of things -- virtually.
India's sea ports do not have equipment to detect radioactive or contaminated consignments, exposing the country to security and safety risks, besides damaging reputation of goods manufactured in the country.
GramIT, rural business process outsourcing initiative of the Byrraju Foundation, is in talks with various funding agencies 'to expand the scope and presence of its rural BPO services,' said foundation's lead partner Verghese Jacob. Byrraju Foundation is the NGO outfit formed by Satyam Computer Services founder B Ramalinga Raju in his personal capacity.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances