Displaying items by tag: Satyam

Sydney-based Katonic.ai has appointed Nikhil "Nik B" Bhardwaj to the role of ANZ head of sales.

India's market regulator, the Securities and Exchange Board of India, has banned PriceWaterhouseCoopers' affiliates from auditing any listed companies in India for two years.

Outsourcing companies who hire lower-paid lower-level computer programmers appear to be targeted by new guidance on H-1B visas issued by the United States Citizenship and Immigration Services on Friday.

Fears that the new US administration would make changes to the H-1B visa system before the application process kicks off on 1 April have receded after the White House signalled that it was not a priority.

Indian outsourcing companies are in a state of nervous tension as they wait to see what changes will be made to the US H-1B visa system, which they use to send workers on assignment to the US.

Hitachi Data Systems (HDS) has appointed Paul Shaw as sales director for the northern region.

A report just released on the IT industry says that IT services firm, Accenture, is showing that it is not immune to the challenging economic environment, with the company reporting a top line decline of 6% in US currency , but up 3% in local currency, for its fiscal second quarter of 2009.
 

With the new year less than two weeks old, the question on the lips of many tech industry watchers is whether the Satyam fraud scandal means the party is over for offshore outsourcing. While Satyam is just one company, the extent and audacity of the financial fraud is such that gazes are turning toward other low cost outsourcers operating in poorly regulated markets.