sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines »
 How to submit Form 15H, Form 15G to avoid TDS on interest income
 What is tax deducted at source (TDS)?
 Income Tax Return filing 2018: Here are some important tips for you
 Change in Examination Venue in Thane, Zone – II, May 2018 Examinations
 Here’s all you need to know New Income Tax return for salaried class available on IT portal
 What to do if you missed the (second) tax deadline
 Income-tax (5th Amendment) Rules, 2018 - Notification under section 9A (3) of the Income-tax Act, 1961 in respect of Fund Manager Regime
 Income Tax department warns salaried class again filing wrong ITRs
 ITR-1 form for AY 18-19 now available for e-filing
 New Income Tax Return Form for Salaried Class available in Portal
 Income Tax Return: ITR-1 ready for e-filing, says I-T department

TechM may close some Satyam offices
May, 30th 2009

Some of Satyam Computer's 105 offices and 30 delivery centres worldwide may soon cease to exist. According to a report in a business daily, the Hyderabad-based company "is evaluating options to downsize operations at its overseas development centres and terminate lease contracts for offices and other properties."

By consolidating its offices and delivery infrastructure Satyam, which was recently acquired by Tech Mahindra, will be able to up capacity utilisation and also reduce overhead costs, says the report.

The review of operations is reportedly a part of Operation Phoenix, Tech Mahindra's plan of resurrecting Satyam, which has seven development centres in China, Germany, Brazil, Egypt and Malaysia.

Incidentally, Satyam's Australia chief Deepak Nangia recently quit in pursuit of greener pastures. The local head of IT company Satyam Computer services here Nangia was quoted saying by The Australian, "I left the company about three weeks ago to pursue other opportunities."

He joined Satyam in 2002 and during his tenure Nangia built Satyam Australia into a 200-million-Aus-dollars company, securing blue-chip clients such as Telstra, NAB and Qantas.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions