Satyam Comp likely to take legal action against World Bank New Delhi, Dec 25 (PTI) Satyam Computer is likely to take legal action against the World Bank in the face of the lender's refusal to withdraw its (the Bank's) statement that made public the decision to ban the IT major for eight years from doing business with it.
Asked about the World Bank spokesperson's refusal to either apologise or withdraw the statement, a Satyam spokesperson told PTI from Hyderabad, "We are considering all options at our disposal." Crisis-ridden Satyam Computer Thursday asked the World Bank to apologise and withdraw its statement that made public the eight-year ban on the IT major for its alleged improper business practices, but the bank rejected the demand.
Satyam, which courted controversy for its decision to buy Maytas Properties and Maytas Infra and then giving up the idea, said the World Bank's statement on December 23 had caused it enough 'harm', and sought an apology for it.
However, the India spokesperson of the World Bank, Sudip Mozumder, told PTI that "the Bank stands by its statement issued on its Indian website on December 23".
The World Bank statement on December 23 said "Satyam was declared ineligible for contracts for providing improper benefits to (the) Bank staff and for failing to maintain documentation to support fees charges for its sub-contractors." Asked if the Bank would apologise, as demanded by Satyam, Mozumder said any comment, if at all, has to come from headquarters in Washington but the Bank stands by its statement.
However, Satyam Computer said in its statement that it would evaluate all options in view of both the Bank's "inappropriate" public statements and its response to the IT firm's requests.
The issue will now come up for discussion at the December 29 Board meeting of Satyam Computer. PTI
source: .ptinews.com
Thursday, December 25, 2008
Friday, December 19, 2008
Pakistan lists airspace ‘violations’- Mumbai spurs India media revamp
| PotashCorp Revises 2008 Full-Year Guidance MarketWatch - USA While the company considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. ... See all stories on this topic | ||
| Pakistan lists airspace ‘violations’ Hindu - Chennai,India Pakistan’s complaint to India nearly a week after the incidents came after Opposition parties criticised the government for jumping to provide a ... See all stories on this topic | ||
| 750-kg RDX smuggled into India? Times of India - India Though, as of now, it is difficult to say what the route has been for the explosives to come to India or if the information is 100% correct. ... See all stories on this topic | ||
| Lupin, Tata Power, Thomas Cook, Satyam: India Equity Preview Bloomberg - USA ... the newspaper reported, without saying where it got the information. Satyam dropped 69.45 rupees, or 31 percent, to 157.10. Thomas Cook India Ltd. (TC ... See all stories on this topic | ||
| Battelle, R&D Magazine 2009 Funding Forecast Reflects Global ... MarketWatch - USA China and India continue to grow as major actors in the world's R&D efforts. Accelerated programs in South Korea, Singapore, and other Asian countries have ... See all stories on this topic | ||
BBC News - UK Information on rescue operations will not be shared with the audience and the broadcasters say they will exercise caution when showing distressing images of ... See all stories on this topic | ||
BBC News - UK Pakistan's high commissioner to India, Shahid Malik, has now said Pakistan has no information about his whereabouts. Mr Azhar is one of the most wanted men ... See all stories on this topic | ||
| India hands over 23 pirates to Yemeni authorities The Statesman - Kolkata,India 18: India handed over to the Yemeni authorities the 23 pirates (12 Somali and 11 Yemeni) captured by the Navy in the Gulf of Aden on 13 December when they ... See all stories on this topic |
Friday, December 12, 2008
Pakistan Cracks Down on Charity Group Implicated in Mumbai Attacks - India Information Technology Report
| Pakistan Cracks Down on Charity Group Implicated in Mumbai Attacks Voice of America - USA "Despite our requests, no evidence or information has been shared with the government by India so far." With offices in all major Pakistani cities and ... See all stories on this topic |
| Sam Pitroda to launch India biodiversity portal India Today - New Delhi,India A week from now, you can check in to a one-stop warehouse of information on India's biodiversity - generally, short for biological diversity - at the click ... See all stories on this topic |
| 'Unless you sacrifice, you can't fight terror' Rediff - Mumbai,Maharashtra,India We have to have management in our information systems. Technology is rudimentary in India. We are a lazy nation as far as the governing system is concerned. ... See all stories on this topic |
| China Crescent Enterprises, Inc. Announces Plans to Increase ... MarketWatch - USA Forbes recently published an article addressing the need for US-based companies to look East, specifically to China and India for continued growth. ... See all stories on this topic |
| India Information Technology Report Q4 2008 - companiesandmarkets ... Live-PR.com (Pressemitteilung) - Wein,Austria Despite an expected slowdown in Indian GDP growth, the potential of the IT market is plain: less than 2% of people in India own a computer, about one-fifth ... See all stories on this topic |
| UPI NewsTrack TopNews United Press International - USA Obama Thursday said his aides were collecting and would release information on any contacts between transition staff and the office of Gov. ... See all stories on this topic |
Wednesday, December 10, 2008
Mumbai Attackers - Indian Police Disclose More Suicide Attackers
| Indian Police Disclose More Suicide Attackers New York Times - United States By JEREMY KAHN and ROBERT F. WORTH MUMBAI, India — The Mumbai police said Tuesday that the 10 men who carried out the terrorist attacks here belonged to a ... See all stories on this topic |
| Mumbai Attackers Called Part of Larger Band of Recruits New York Times - United States ... and raised tensions between the nuclear-armed neighbors India and Pakistan to the highest level in years. Mr. Bharti said the information about the ... See all stories on this topic |
| India Hospitality Corp. Reports Preliminary Fiscal Second Quarter ... MarketWatch - USA The companies are headquartered in Mumbai and have over 1700 employees across their facilities in India. For Further Information Contact: Media Contact: ... See all stories on this topic |
| Practical Traveler A Lesson of Mumbai: Have a Safety Plan New York Times - United States Security outside the Taj Mahal Palace Hotel and Tower after the hotel was attacked in Mumbai, India. By MICHELLE HIGGINS THE deadly attacks in Mumbai, ... See all stories on this topic |
| India's lack of preparedness 'pathetic' Rediff - Mumbai,Maharashtra,India ... with the effect that if you have any information on terrorism, it is promptly passed on to the state police and all others, whereas in India, ... See all stories on this topic |
| American Cancer Society Launches Quitline Program in India MarketWatch - USA For more information on the American Cancer Society's Quitline services for multi-national employers, please visit www.acsworkplacesolutions.com. ... See all stories on this topic |
| After Mumbai: Time to Strengthen US–India Counterterrorism Cooperation Heritage.org - Washington,DC,USA [20] Through the CTJWG mechanism, India and the US have exchanged information, training material, and methods related to interrupting terrorist financial ... See all stories on this topic |
| India gives info tying Mumbai gunmen to Pakistan The Associated Press The new information, if confirmed, would bolster India's claim that the attack was launched from Pakistan and was released as the Pakistani government ... See all stories on this topic |
Friday, November 7, 2008
India trade cooperation and other breaking news
| Forum to enhance Sino-India trade cooperation China Daily - China At the same time India enterprises will bring first-hand information of Indian industrial circumstances. Former director and chief representative of the ... See all stories on this topic | ||
Rediff - Mumbai,Maharashtra,India The Right to Information is derived from our Fundamental Right of Expression under Article 19 of the Constitution of India. If we do not have information on ... See all stories on this topic | ||
| United Tech to step up aerospace parts sourcing Trading Markets (press release) - Los Angeles,CA,USA Nov 05, 2008 (The Economic Times - McClatchy-Tribune Information Services via COMTEX) -- UTX | Quote | Chart | News | PowerRating -- BANGALORE, India ... See all stories on this topic | ||
Mangalorean.com - Mangalore,India The new age economy belongs to the knowledge sector driven by Information technology. India is the most favoured destination for foreign direct investments, ... See all stories on this topic | ||
| Sell-off sends oil sliding toward $60 Houston Chronicle - United States ... rising demand in developing countries, led by China and India, the Paris-based agency said in an executive summary of its annual World Energy Outlook. ... See all stories on this topic | ||
| Nokia plants a seed in India Sify - Chennai,Tamil Nadu,India But Nokia thinks that this is exactly the sort of information that rural users in emerging markets will find useful. The world's leading mobile phone ... See all stories on this topic | ||
| India Inc cuts jobs, frills to stay in shape Economic Times - Gurgaon,Haryana,India From banking and finance to aviation, from manufacturing to information technology, no sector appears immune, as companies look beyond hiring freezes to job ... See all stories on this topic | ||
| Amaresh Samantaraya: Looking for logic Business Standard - Mumbai,Maharashtra,India In a series of articles in Business Standard, Surjit S Bhalla has raised several issues pertaining to inflation management of the Reserve Bank of India. ... See all stories on this topic | ||
| IBM's cure for dearth of Indian researchers in India Merinews - New Delhi,India The number of in-home researchers is very minimum in India as most Information Technology (IT) graduates get engaged in jobs after their graduation rather ... See all stories on this topic | ||
| No violation of law: Raja Hindu - Chennai,India ... to new operators was based on the Cabinet-approved NTP-99 and supported by the recommendations of the Telecom Regulatory Authority of India (TRAI). ... See all stories on this topic |
Thursday, November 6, 2008
A Public Announcement by Air Water International Corporation And other news about india
| A Public Announcement by Air Water International Corporation & Its ... MarketWatch - USA For the villagers of Jalimudi, a small out of nowhere village located in eastern India, in a province called Andre Pradesh, a truly historic event is about ... See all stories on this topic |
| RTI Act yet to make impact in villages, say policymakers Livemint - Delhi,Delhi,India India’s chief information commissioner Wajahat Habibullah said the commission is planning to work with the information and communications ministries to ... See all stories on this topic |
| IBM Aims to Counter Researcher Shortage in India PC World - USA Finding researchers in India has become tough as most engineering graduates in information technology, instead of going for higher studies like doctorate ... See all stories on this topic |
| George Deikun, USAID’s India director Economic Times - Gurgaon,Haryana,India It would be robust one-stop shop for fiscal information and dialogue. This tool can reinvent itself to attune to the changing circumstances. ... See all stories on this topic |
| HP Labs Making Web Browsing Similar to Using an Appliance PC World - USA HP Labs India is researching how to remove complexity from Web browsing and Web transactions. Web browsing has to be as intuitive and as simple as using an ... See all stories on this topic |
| Need To Know | Sandeep Dhar to head Tesco Hindustan Livemint - Delhi,Delhi,India ... experience and expertise in providing information technology, business, finance and HR services to Tesco’s operations. Mumbai: State Bank of India (SBI) ... See all stories on this topic |
| Vision statements instilling values will motivate India Inc Economic Times - Gurgaon,Haryana,India Their objective was to help inform managers about the tools available to them and provide them with the information they need in order to identify, select, ... See all stories on this topic |
| Why we need FOI law Daily Sun - Apapa,Lagos,Nigeria In India, grassroots social activist groups use the right to know laws to obtain information on local public works projects and reveal the amounts said to ... See all stories on this topic |
Wednesday, November 5, 2008
Information about sensek, Tata Steel, Samsunga and issues
| Kids from Silicon Valley astride two cultures: India and California San Jose Mercury News - CA, USA ... Indian Institute of Information Technology, has visited with young people at international schools in India and found some to be culturally unmoored. ... See all stories on this topic | ||
| Nokia: From Technical Development to Human Development? PC World - USA For now, Nokia Life Tools will only be available in India, giving everyone (including Nokia) plenty of time to see how this thing plays out. ... See all stories on this topic | ||
| A battle between battered teams The Statesman - Kolkata,India Nagpur, Nov 5: If the US Presedential elections be compared with the fourth and final Test match between India and Australia, then Mahendra Singh Dhoni ... See all stories on this topic | ||
| Bharti in tie-up with Transcend Economic Times - Gurgaon,Haryana,India 5 Nov, 2008, 2240 hrs IST, PTI BANGALORE: Bharti Teletech, one of India's leading manufacturers and distributors of telecom and allied products, ... See all stories on this topic | ||
| India Inc sees a global crisis manager in new prez Economic Times - Gurgaon,Haryana,India NEW DELHI: India Inc sees the election of Barack Obama as an opportunity for the US to regain moral leadership and use that power to comprehensively address ... See all stories on this topic | ||
| AmeriCares Launches India Operations MarketWatch - USA For more information, please visit www.americares.org and www.americaresindia.org. The Baxter International Foundation, the philanthropic arm of Baxter ... See all stories on this topic | ||
| Bhuvan, our answer to Google Earth soon Daily News & Analysis - Mumbai,India In an exciting new development, the Indian Space Research Organisation (Isro) is developing a web-based information system, specifically for India, ... See all stories on this topic | ||
BBC News - UK The team leave for India on 8 November and photography and survey information from the visit will be made available to the public online at ... See all stories on this topic | ||
| Samsung Electronics recruits 950 in India Trading Markets (press release) - Los Angeles,CA,USA Nov 03, 2008 (The Economic Times - McClatchy-Tribune Information Services via COMTEX) -- SSNLF | Quote | Chart | News | PowerRating -- Despite the economic ... See all stories on this topic | ||
| Sensex plunges 511 pts; RIL, Tata Steel suffer big losses Sify - Chennai,Tamil Nadu,India Information technology, bank, pharma and select capital goods and power stocks did bounce back and pulled the market from lower levels in early afternoon ... See all stories on this topic |
Tuesday, November 4, 2008
Breaking News about India
| ISRO to launch remote sensing, information portal by 2009 Indian Express - New Delhi,India Since the late 1960s, India has achieved enhanced agricultural produce through intensive irrigation, genetically improved crops, use of inorganic ... See all stories on this topic | ||
| Inform, Involve, Empower - Nokia's Service Mantra for Emerging ... MarketWatch - USA Nokia plans to launch the service, beginning in the first half of 2009 with the Nokia 2323 classic and the Nokia 2330 classic as the lead devices in India ... See all stories on this topic | ||
| D&B India moots launching credit rating agency Merinews - New Delhi,India D&B and SIDBI, along with Credit Information Bureau (India) Ltd and other banks in the country, already operate the SME Rating Agency or SMERA. ... See all stories on this topic | ||
BusinessWeek - USA A separate service will offer English lessons and other educational information for 60¢ a month. Nokia plans to launch the service in the Indian state of ... See all stories on this topic | ||
| Indian student killed in US Expressindia.com - New Delhi,India Jinaga’s father, BC Jinaga, is a professor with the Jawaharlal Nehru Technological University here and heads the School of Information Technology. ... See all stories on this topic | ||
| IBC's 3rd International Conference; ACCESS India & China MarketWatch - USA ... and India and how this impacts multinational pharmaceutical and biotech companies. For up-to-date information and to register for this event, visit www. ... See all stories on this topic | ||
| Oil prices surges above $70 in volatile week The Associated Press "The volatility and huge price swings we've seen this year are unmatched," said Ben Brockwell, director of data, pricing and information services for the ... See all stories on this topic | ||
| Online okay for clinical trials by 2013 Economic Times - Gurgaon,Haryana,India India would be the first country to implement such a concept. It will be done through a software. We believe information technology is our strength and why ... See all stories on this topic | ||
| Singh proceeds to protect Indian industry Daily Times - Lahore,Pakistan Hence, it is only expected that exports from sectors such as textiles, gems and jewellery, leather, engineering and infrastructure, information technology ... See all stories on this topic | ||
| Loggerhead release to provide vital information to scientific ... Science Centric - Sofia,Sofia Town,Bulgaria The turtles, which have reached this size, will be released in the Indian River Lagoon because loggerhead turtles of this size are typically found in this ... See all stories on this topic |
Monday, November 3, 2008
Today's India News
| Money for Something Times of India - India Could such a system work in India? Internet penetration may be low here, but a significant section of the electorate able to donate will have access to the ... See all stories on this topic |
| Imagine Schools at South Vero Dedication Ceremony Celebrates the ... MarketWatch - USA Imagine Schools CEO and Founder Dennis Bakke will dedicate the school, and Indian River Charter High School Board Chairman Gene Waddell will welcome Imagine ... See all stories on this topic |
| Detroit International Auto Salon Will Make Room for India's ... CNNMoney.com - USA The Detroit International Auto Salon (DIAS) released information today announcing intentions by one of India's leading automotive supplier regions to ... See all stories on this topic |
| Supreme Court hearing tribal-land case Providence Business News - Providence,RI,USA ... Charlestown and its Nuweetooun School and Tomaquag Indian Memorial Museum in Exeter. Additional information is available at www.Narragansett-Tribe.org. ... See all stories on this topic |
| Dow Jones Islamic Market World Index Expands to Include 12 New ... MarketWatch - USA For more information on the Dow Jones Islamic Market Indexes, please visit www.djindexes.com. Journalists may e-mail questions regarding this press release ... See all stories on this topic |
| ICONS India starts shipping of Nuance Dragon Medical 10 India PRwire (press release) - Gurgaon,Haryana,India As a result of Dragon Medical’s ability to enable direct dictation into EMRs and other clinical information systems, healthcare provider organizations can ... See all stories on this topic |
| India to ink pact with Qatar Indian Express - New Delhi,India ... and service-to-service information sharing. This was followed by a high level delegation from Qatar, which visited several defence locations in India ... See all stories on this topic |
| Assam CM: India's Assam state blasts could be avoided Xinhua - China These bits of information were "not specific and not actionable", Gogoi said, adding that it was "impossible to pinpoint the date, time location and the ... See all stories on this topic |
| MNCs hire pvt eyes to snoop on biz partners Times of India - India According to Kapur, nearly 65% of the companies approaching them for such information are MNCs though a fairly large number of Indian firms also use their ... See all stories on this topic |
| How is school recognition money being spent in Indian River ... Vero Beach Press-Journal (subscription) - Vero Beach,FL,USA Scripps Treasure Coast Newspapers requested the information be available 1 pm on Nov. 3. We still don’t have the information and will be contacting ... See all stories on this topic |
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