Stories by John Ribeiro

Satyam faces claims of about US$267 million

Indian outsourcer, Satyam Computer Services, has received legal notices from 37 companies, demanding the return of 12.3 billion Indian rupees (US$267 million) they claim were paid to the company as temporary advances, Satyam said in a filing on Tuesday to the Bombay Stock Exchange.

Tata's revenue stagnant, profit growth small

Tata Consultancy Services (TCS), India's largest outsourcer, reported on Friday that revenue was stagnant, but profit grew marginally in U.S. dollars, reflecting the impact of the recession on Indian outsourcers.

Report: Hiring by tech companies under DOJ investigation

The U.S. Department of Justice (DOJ) is investigating whether the hiring practices of Google, Yahoo, Apple and some other technology companies may have violated anti-trust regulations, The Washington Post <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/06/02/AR2009060203412.html">reported Wednesday.</a>

Facebook blocked in Iran ahead of elections

Social networking site Facebook has been blocked in Iran since Saturday, according to the country's opposition, as opposition voters increasingly turn to online tools like social networking to promote their candidates.

Ballmer: IT has opportunities from economic recovery

Growth will have to come from higher productivity and innovation when the economy begins to recover, Microsoft CEO Steve Ballmer told developers gathered Wednesday in Hyderabad for the company's India edition of the Tech Ed conference.