Net4Nuts, a provider of mobile value added services, announced on Monday that it has launched a new service on mobile that would provide frequent updates of information. The services would be available in different categories ranging from fun-related entertainment and lifestyle to informative language tools to more business oriented information under travel and finance, all [...]
The world’s top software firm Microsoft has been asked to cut its workforce by 10%, or about 9,100 employees, to tell the market that profits are more important than revenue growth in difficult times. Brokerage firm Oppenheimer and Co’s analyst Brad Reback has said in a report on Microsoft that such layoff exercise “would be [...]
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Recovery from slowdown may take 3-4 years: Soota Recovery from slowdown may take 3-4 years: Soota BANGALORE, INDIA: The impact of the global economic slowdown may extend even beyond 2009 and a complete recovery may take at least three to four years, predicted Ashok Soota, chairman and managing director of MindTree.Delivering his keynote at the [...]
MUMBAI, INDIA: Satyam Computer Services Ltd, said to day that an independent director has resigned. In a statement submitted to the Bombay Stock Exchange, it said that that “the company is in receipt of resignation tendered by Dr. (Mrs.) Mangalam Srinivasan, non-executive and independent director of the Company effective from close of December 25, [...]
