How to get beyond Finance vs IT

One thing that you’re likely to encounter in any IT department is resentment toward the Finance department. A staffer might be angry because “those bean counters in Finance who know nothing about technology” directed him to buy one product when he wanted to buy a different one. Or maybe Finance approves the acquisition of an…

Satyam’s pack of lies crumble

The Satyam mountain of lies crumble in face of evidence.  As per Ramalinga Raju, a big 4 consulting company had advised the management on the Satyam-Maytas deal.  All the top 4 consulting firms (Pricewaterhouse Coopers, Deloitte, Ernst & Young and KPMG) have now denied being a part of the deal. Satyam’s valuation of unlisted Maytas…

Marc Faber’s comment on the US economy

The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico,…

Yahoo! Launches New Lab in Bangalore, India

Yahoo! Inc, a leading global Internet company, announced the expansion of its India R&D operations with the launch of Yahoo! Labs – Bangalore, its first in India. Dr. Rajeev Rastogi has been appointed as vice president and head of the new lab. Yahoo! Labs – Bangalore will be a center of excellence for next generation…

IBM’s India revenues to hit a billion USD in 2007

IT major IBM on Saturday said it expects revenue from Indian operations to touch USD 1 billion by the end of December, growing at a rate of 39 per cent currently. “We expect our revenues to reach USD one billion by the end of this calendar year up from 700 million in 2006 driven by…