InformationWeek

Survey: Indian IT Services Use Up, As Are Concerns
Our poll shows more companies are using Indian outsourcers this year than last, but reveals increased dissatisfaction and a desire to use them less.

Satyam To Announce Long-Term Plan Next Week
The defrauded outsourcer's plans may include sale of the company, its chairman said. Analysts say aggressive bidding interest in Satyam is unlikely.

IBM Offers To Move Laid Off Workers To India

Indian Outsourcers Warm Up To Acquisitions

Satyam Taps Goldman To Explore Sale
Outsourcer looks for a buyer in effort to emerge from cooked books scandal.

Satyam Fallout: Indian Industry Speaks As One
Company officials reveal ways the outsourcing company is repairing its image with customers during an InformationWeek Webcast.

Satyam Seeks Emergency Funding
JPMorgan and Goldman Sachs are among the banks shortlisted to advise the defrauded Satyam in its rescue efforts.

Satyam Crisis Puts Indian IT Industry--And Customers--On Edge
Customers sweat their contingency plans, while rival providers hope it won't taint them.

India Extends Satyam Probe
Satyam Computer Services said that State Farm Insurance cancelled its contract and the Indian government widened its probe to two firms linked to Satyam's jailed founder.

Satyam Denies Layoffs, Cash Crunch
A spokesman for the outsourcer rejects analyst's allegations.

Satyam Firing Workers 'On The Spot,' Analyst Says
The scandal-plagued outsourcer is also virtually broke, a new report states.

India Says No Satyam Bailout
Bank loans to the defrauded Indian outsourcer are unlikely until accounts are restated, a process that could take as long as six months.

Outsourcing Contract Scrutiny Should Grow After Satyam Scandal
In the wake of the Satyam fraud, legal experts offer advice on how properly negotiated contracts can protect companies doing business with IT outsourcing vendors.

Satyam Could Go Bust, Gartner Warns
The Indian outsourcer may be unable to retain business in wake of accounting scandal.

Infosys 3Q Net Jumps, Sees No Satyam Fallout
The application developer and supply chain designer cut its earnings forecast for a second quarter running in the backdrop of a deepening global downturn.

IT Customers Closely Monitor Satyam Scandal
Many companies rely on the outsourcer based in India for vital technology operations like supply chain management and business intelligence.

Satyam Chairman Taken Into Judicial Custody
Founder and chairman B. Ramalinga Ramu's quick departure sends customers scrambling to evaluate how the company's financial fraud will impact their own IT operations.

Accounting Scandal Rocks Indian Outsourcer Satyam
Founder and chairman B. Ramalinga Ramu's quick departure sends customers scrambling to evaluate how the company's financial fraud will impact their own IT operations.

India's Satyam Chairman Resigns, Shares Halve
Satyam Computer Services' stock plunged Wednesday after its chairman admitted years of deception in a scandal analysts are calling "India's Enron."

Global CIO: Satyam Scandal Isn't The End Of Indian Outsourcing
The company's misdeeds should be a wake-up call to CIOs, but not an indictment of the Indian outsourcing industry as a whole.

IT In India Is Booming, Gartner Says; Oh, Really?
We all know of the situation with Satyam, and the only "boom" there is the sound caused by the implosion of the company's prospects.

Fidelity Selling India IT Operation To Infosys Or IBM?
In a further sign that the Indian IT services industry remains a powerful force in global business, Infosys is competing against IBM to acquire the India-based IT unit of the largest mutual fund company in the world, Fidelity Investments.

Outsourcing Clients More Carefully Weighing Risk And Rewards
Satyam's financial mess is top of mind, however, the economy is still the dominant factor fueling change in what clients expect these days from their IT services providers, says an Infosys executive.

CIOs Need To Keep Open Mind On Indian IT Firms
These days, mention Satyam and few of us are likely to think of how it won a prestigious 2008 award from SAP for excellence in customer experience and accelerating innovation, plus two independent awards for shared-service excellence.

World Bank Keeps Losing Outsourcers, Data, And CIOs
With banks like this, the old cash-under-the-mattress investment philosophy is starting to look pretty good: the World Bank has announced the ban of outsourcer Wipro for four years, shortly after having done the same to Satyam.

Satyam And Its 8-Year Ban From World Bank
Barely three weeks ago, a defiant Satyam Computer Services was demanding apologies from and threatening legal action against the World Bank for its 8-year ban on the IT services provider due to alleged inappropriate behavior.

Down To Business: Is Satyam Really India's Enron?
Having interviewed both companies' chief executives months before their fall, I feel more qualified than most to evaluate that comparison.

India's Outsourcers Hit With Perfect Storm
First it was the Mumbai terror attacks. Now, India's outsourcing sector has been rocked with revelations of a massive, Enron-style accounting fraud.