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We thought everyone might run for the exits after news of the gigantic Satyam (SAY) fraud hit, but the company's peers are taking the news alright. In pre-market activity, shares of Wipro (WIT), Patn...
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Satyam Computer Services (SAY) shares will open down more than 90% this morning, following the revelation that the company’s founder and now-resigned chairman, B. Ramalinga Raju, has confessed to cook...
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Six tech companies with offices in Bangalore, India have received e-mailed bomb threats, according to IDG News Service. Among the threatened companies were Indian IT outsourcers Infosys (INFY) and Wi...
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We have two tier-1 firms out cautious or even negative on Satyam Computer (NYSE:SAY) this morning:- UBS notes Satyam stock has rallied more than 25% over the past week on increased probability of a ma...
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Indexes traded narrowly mixed in what figures to be another light session. The Nasdaq composite slipped 0.1% , with Infosys Technologies (INFY)...
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