India&rsquo;s largest IT firm Tata Consultancy Services (TCS) might soon ask some more employees from its UK geography to leave.

TCS puts 130 more UK staffers under scanner

Business Standard

In a clear admission that it is facing hard times, India&rsquo;s largest software exporter Tata Consultancy Services (TCS) said it plans to review the variable component of employees' salaries every quarter in an attempt to cut costs. Variable pay accounts for 20 to 35 per cent of TCS employees' gross salary, depending on their hierarchy.

TCS mulls variable pay cut; staff to work more

The government-appointed board of Satyam Computer Services met here today, but the discussions remained inconclusive and its outcome was not disclosed.

Satyam yet to finalise strategic investor norms

Leading WiMAX solutions provider, SOMA Networks plans to invest around USD 200 million (Rs 1000 crore approx.) for rolling out mobile WiMAX system in the country.

SOMA Networks to invest $200mn for WiMAX

Search engine major Yahoo! India today said its research &amp; development (R&amp;D) unit Chief Executive Officer Sharad Sharma has decided to quit the company and Shoubick Mukherjee has been named as the company's new R&amp;D head.

Yahoo! India R&D head quits

Press Trust of India

State-owned telecom operator Bharat Sanchar Nigam (BSNL) today commercially launched its third generation (3G) mobile services simultaneously from 11 cities, namely, Agra, Ambala, Jalandhar, Jaipur, Dehradoon, Shimla, Lucknow, Ranchi, Durgapur, Haldia, Patna and soft launch in Jammu.

BSNL launches 3G services in 11 cities

&quot;We are delighted to offer AURA to Indian consumers with its luxurious design, artistry and sensory experience,&quot; said Faisal Siddiqui, head of India operations, Motorola Mobile Devices.

Motorola launches Rs 1.11 lakh mobile phone

Yahoo! has said its Chief Financial Officer (CFO) Blake Jorgensen will be quitting the company, amid reports that the internet major will soon be revamping its corporate structure.

Yahoo! CFO Blake Jorgensen to quit

State-owned telecom service provider Maharashtra Telephone Nigam (MTNL) will launch its 3G services in Mumbai by early April, overshooting its earlier intentions of launching services by February-end.

MTNL to launch 3G in Mumbai by April

Infosys Technologies, India&rsquo;s second largest software services exporter, today said its senior management personnel would be most affected in case of a variable pay-cut.

Top Infy execs to be most hit by variable pay cut

Huawei, Telsima and Alvarion in the final stages of bid.

Three companies in race for BSNL&#39;s WiMAX order

Satyam Computers Chairman Ramalinga Raju may be facing a crisis in his workplace but Jacob Verghese, the man heading the 1,200- strong Byrraju Foundation, one of the four philanthropic foundations run

Byrraju Foundation chief bats for Raju

UAE&rsquo;s National Bank of Umm Al Qaiwain (NBQ) will adopt FinnOne, a software product solution developed by Nucleus Software Exports Ltd, the global provider of software products for banks and

UAE bank adopts Nucleus software&#39;s FinnOne

Tata Consultancy Services (TCS), India&rsquo;s largest information technology export company, today said it&nbsp;has opened 1,000 seats software development centre in Bhubaneswar called TCS Kalinga

TCS opens development centre in Bhubaneswar

In a seemingly last-ditch effort to save face before its board meeting on January 10, Satyam Computer Services today released a Forrester Research report on its innovation strategy which calls for

Satyam fails to ignite interest in 'innovation' report

Japan's NTT DoCoMo is awaiting approval from the government and market regulator Sebi on its investment in India through the Tatas.

NTT DoCoMo awaits FIPB, Sebi nod for Tata Tele stake

Anil Dhirubai Ambani Group company Reliance Communications today (RCom) launched GSM mobile services in Punjab, with J&amp;K being the next state where these services would be introduced.

RCom launches GSM services in Punjab

The world&rsquo;s second-largest software products company Oracle is understood to have begun linking the payment of its 20,000-odd employees in India with the productive hours they spend in the

Oracle India trims salaries with hour-based payments

In a seemingly last-ditch effort to save face before its board meeting on January 10, Satyam Computer Services today released a Forrester Research report on its innovation strategy, which calls for

Satyam&#39;s innovation report a face-saving bid

E]ven while Indian IT firms are taking steps to reduce costs wherever possible, they are also making their delivery mechanisms stronger with less focus on employee addition.

IT firms shifting focus from headcount to result

The worldwide market downturn will impact the growth and margins of IT companies for the first two-three quarters of 2009 before picking up and ending the year on a stronger note as clients seek to

Strong long-term demand seen for outsourcing: Tholons

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