Railways fine IRCTC for 'bad food'

Cracking the whip, Railways have imposed heavy fines totalling Rs 11.5 lakh on nine caterers including Indian Railway Catering and Tourism Corporation  for serving “bad......

Latin America lures Indian IT firms

While China is tipped to emerge as a major sourcing centre for IT and back-office skills in the next few years, Eastern Europe and Latin America are quickly gaining in popularity, primarily due to......

Satyam board may meet on June 11

The board of Satyam Computer Services, comprising the six government-appointed board members and recently-inducted four members from Tech Mahindra, is expected to meet on June 11. A source close......

Mahindra Satyam plans big expansion in China

Mahindra Satyam plans to treble its employees strength in China to 1,500 by 2015 as part of strategic focus on engineering, manufacturing and telecom sectors, using China as a base to serve global......

Tech Mahindra's journey with Satyam so far

While the acquisition helped Tech Mahindra add $1.2 billion to its top line, it took almost eight quarters to do so; the company also spent around $200 million in legal fees.  There are......

Mahindra Satyam on hiring spree in Middle East

Mahindra & Mahindra's IT arm Mahindra Satyam plans to double its Middle East workforce in the next two years as part of a $24 million (87.8 million dirhams) global branding push, a senior company......