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Bharat Kumar, a lawyer for the former Satyam Computer chairman Ramalinga Raju, addressing the press in Hyderabad. (Krishnendu Halder/Reuters) Board tries to chart path for outsourcer hit by scandal : The newly appointed board of the fraud-plagued outsourcing giant, Satyam Computer Services, is scrambling to get money and new managers while also trying to figure out how deep problems go at the company. The board met in Hyderabad on Monday to discuss how to extract the Indian outsourcing giant from a massive fraud scandal that has sent shockwaves through the Indian business community and cast a cloud over the country's once booming outsourcing sector. The company has "working capital issues" that need "immediate attention," said Deepak Parekh, an interim board member and the chairman of Housing Development Finance Corporation,... [read full story]
Edited by Lauri Dammert and Hussein Shehadeh Mathew 2:11 And entering into the house, they found the child with Mary, his mother, and falling down they adored him: and opening their treasures, they offered him gifts; gold...
Making ends meet In the shadow of the Narmada dam, those displaced by the canal once hoped that its water would irrigate their fields. Devilal's father Jatanbhai had already lost seven and a half acres to the dam's main canal...
Associated Press TEMPLE, Texas (AP) — He’s a store man by trade. The center is a wing of Singing River International, a nonprofit Christian foundation the West family started in 1970. West recruited the team of volunteer...
Reporting from Lahore, Pakistan - The Odeon Cinema's creaky, ripped red vinyl seats are mostly empty except for a couple of back rows where a dozen Pakistani men sit slouched, their eyes half-open, l...
