This settlement resolves allegations under the False Claims Act that HP knowingly paid kickbacks, or 'influencer fees', to systems integrator companies in return for recommendations that federal agencies purchase HP's products.
The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.
HP's 60.5 per cent stake is valued at $1 billion.
Hewlett-Packard Co sued its former chief executive Mark Hurd to block him from joining rival Oracle Corp as a senior executive, alleging the hiring breaches his exit agreement and will lead to a transfer of technology giant's trade secrets to a competitor.
Software services firm Digital GlobalSoft Ltd expects to increase the number of workers at its fledgling call centre by about 70 per cent this year to handle increased outsourcing from global companies, a top official said.
The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.
'We will start reaching out to researchers, academics, and experts on AI from top universities and companies from across the world.'
The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.
Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.
On Nooyi, who is now in her 10th year as CEO, Fortune said, she "shows no signs of slowing down"
Starting a new business is always exciting.
Quanta also manufactures laptops for Hewlett-Packard and is the main assembler for the smartwatch released recently by Apple.
Hewlett-Packard chairman Carly Florina has deplored current outcry against outsourcing to countries like India, China and Russia saying more jobs should be created in the sectors where the US has and will continue to have competitive advantage.\n\n\n\n
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
Dell, which once led the world in computer sales and was held up as a model of production-chain innovation, is increasingly resorting to price cuts to soothe customers nervous about its future and to spearhead a late foray into the enterprise computing market.
Hewlett Packard currently owns 60.5 per cent of BSE and NSE-listed Mphasis.
The richest self-made woman in America is Diane Hendricks, the owner of ABC Supply.
This is what makes the World Economic Forum's annual summit special.
Blackstone on Monday said funds managed by the private equity firm will acquire a majority stake in IT firm Mphasis Ltd, triggering an open offer for acquisition of up to 26 per cent stake for about Rs 8,262 crore. A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments (Office of the Chief Investment Officer of The Regents, University of California) and others will co-invest along with Blackstone, a statement said. Based on the open offer subscription, the blended purchase price will vary between Rs 1,452 to Rs 1,497 per share (12-16 per cent premium to 12-month average price and 3-6 per cent discount to 6-month average price) and the purchase consideration will vary between Rs 15,200 crore to Rs 21,000 crore (approximately$2-2.8 billion), the statement said.
Meg Whitman is the wealthiest women in the technology sector.
Multinational consumer goods company Procter & Gamble has been named world's best company in terms of leadership followed by General Electric and Coca-Cola in the second and third place respectively, as per a Hay Group study.
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
PepsiCo's India-born CEO Indra Nooyi has been ranked third most powerful businesswoman by Fortune, the only Indian-origin woman on the 2014 list topped by IBM Chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.
Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list
If you have an IT firm, you should avoid encroaching on their turf.
What makes Nagaraj's achievement significant is the fact that there have been only about 80 Intel Fellows globally in the 50 years of the company's operation.
If elected, Niraj Antani, 23, will be the second Indian American -- after Jay Goyal, who served 3 terms from 2006 from the 73rd District -- in the Ohio House. George Joseph reports
Jungliceo.com has wowed new business owners.
Ajit Balakrishnan recalls some lessons from the last time people talked of 'convergence' -- the mid-1990s.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
'Every educational institution should have incubating centres so that students will get exposed to entrepreneurship early.'
