Xerox Corporation on Wednesday opened the India Innovation Hub in Chennai, which will bring together Xerox scientists and engineers with Indian academic institutions, research labs and industry partners.
Xerox Corporation will acquire outsourcing entity Affiliated Computer Services for about $6.4 billion in a cash and stock deal.
Xerox Corporation on Tuesday said it would increase its shareholdings in Xerox India Ltd to 100 per cent from the current 86 per cent.
The chartered accountant appointed to investigate the bribery scandal of Xerox ModiCorp appears to have reached a dead end, with no evidence so far of any bribes having been paid by company officials to the government and has sought time till March.
Three Indian companies Wipro, Tata Steel and Tata Power have been named among the World's Most Ethical Companies.
Bribe for Goa project estimated at $976,630
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