Liquidity
499 Stories
Analyst: Satyam vulnerable to takeover
News The Indian outsourcing firm's corporate governance woes may result in the company being divided up and sold off separately, according to Ovum.
Tags: Acquisitions, Accounting, IT outsourcing, Outsourcing, Ovum, David Mitchell, liquidity, corporate governance, financial, industry
Indian SMBs more forward-looking in IT spend
News Alongside expectations of worse times ahead, more small and midsize businesses in India mull over factors such as scalability for IT purchases, finds new study.
Tags: IT budgeting, Budgeting/cost control, Business, IT Budget, India, IT-spending, Small And Medium Business, financial, Microsoft Access, TCO
IDC lowers APAC tech spend forecast
News Analyst pulls region's IT spending projection for 2009 down from 9.5 percent to 5.8 percent, but says Asia-Pacific remains "the bright spot" in the global market.
Tags: Budgeting/cost control, Investments, Local Government, IT budgeting, Business, Asia, IT-spending, International Data Corp., Asia-Pacific, Europe
Pirate Bay bidder loses chairman
News Magnus Bergman has filed documents to end his affiliation with Global Gaming Factory X, the company attempting to acquire The Pirate Bay.
Tags: Business applications, Web 2.0, Digital media, P2P, financial health, Stock, liquidity, Digital media, stock exchange, chairman
Seagate's revenue to beat analyst outlook
News Seagate Technology looks set to post US$2.1 billion in its fiscal third quarter, better than Wall Street projections. Company says it has also raised US$430 million to pay all or some of its debt.
Tags: Earning reports/forecasts, Storage, Seagate Technology LLC, ATA, liquidity, Wall Street, CEO, revenue, Earning reports/forecasts, Storage
Satyam suitors expected 'within a week'
News Outsourcing giant Satyam could soon be snapped up by competitors or lose out to them as competitors are prospecting their clients in this times of uncertainty.
Tags: IT outsourcing, Outsourcing, Acquisitions, Tata Consultancy Services Ltd., Wipro Technologies, David Mitchell, liquidity, National Outsourcing Association, NOA, Bombay
Nortel to slash another 3,200 jobs
News Telecommunications equipment maker is laying of more than 10 percent of its workforce worldwide as it tries to survive a bankruptcy restructuring.
Tags: Layoffs, Nortel Networks Corp., Telecommunications, Cell Phone, Bankruptcy, Toronto, bankruptcy protection, Associated Press, 4G, job
Venture funding deals hit 11-year low
News U.S. venture capitalist investment plummeted 50 percent from the same quarter last year with IT hit particularly hard, VentureSource reports.
Tags: Venture capital, Quarter, information technology industry, venture capital industry, National Venture Capital Association, software, Dow Jones & Company Inc., industry, information technology, U.S. company
Govt, telcos, financial firms to lift M'sia IT sector
News These three sectors are expected to spend most on technology in Malaysia, thus helping its infocomm technology industry to grow in 2009 despite a slowdown.
Tags: Sales/revenue, Acquisitions, Government, Telecommunications, International Data Corp., Information And Communication Technology, Broadband, BPO, Malaysia, financial
Satyam customers told: Batten down the hatches
News Analysts are warning Satyam's customers to prepare themselves against the risk of disruption of services from the troubled outsourcer.
Tags: IT outsourcing, Outsourcing, Public relations, Audits, Earning reports/forecasts, Wipro Technologies, IT Services, Outsourcing Company, Gartner Inc., FIFA
Panasonic, Qimonda cuts hit M'sian electronics
News At stake is the livelihood of nearly 2,000 employees at the Malaysian manufacturing plants operated by the Japanese electronics company and German chipmaker.
Tags: Processors, Intel Corp., Plant, Electronics, Manufacturing, Chip Company, Nikkei, Malaysia, Panasonic, Qimonda
Tech Mahindra wins bid for Satyam
News update Subsidiary of Tech Mahindra edges out contenders including Larsen and Toubro, for right to acquire 51 percent stake in embattled IT services company.
Tags: Acquisitions, Services, India, British Telecommunications, International Data Corp., Asia-Pacific, Pune, information technology company, technology company, chairman
SingTel may not qualify for Aussie key stock index
News Singapore Telecommunications Ltd may not qualify for inclusion in Australia's key stock index after completing its takeover of Cable & Wireless Optus Ltd, some analysts said.
SingTel may not qualify for Aussie key stock index
News Singapore Telecommunications Ltd may not qualify for inclusion in Australia's key stock index after completing its takeover of Cable & Wireless Optus Ltd, some analysts said.
SingTel gets waiver for Australia listing
News Singapore Telecommunications Ltd said it got "in-principle" approval from the Australian Stock Exchange to exclude its government-owned shares from a listing in the country, boosting the company's chances of inclusion in key indexes and attracting more investors.
