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Last updated: 08:33:02 Saturday May 2, 2009


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  • Computer Sciences Corp 5
  • EDS 8
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  • Michael Jordan 5
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  • China-India 6
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  • Chief of fraud-hit Indian IT firm in prison
    MUMBAI (AFP) - The disgraced former chairman of top Indian outsourcing firm Satyam was sent to prison Saturday, days after admitting to a one-billion dollar fraud which has shaken the country's business community.   Nations:India U.S.   Activities:2008 Satyam Fraud Case   Source:(AFP)   2009-01-10

    Wall Street woes has India outsourcing on edge
    BANGALORE, India - Bangalore, the capital of Indian outsourcing, is perhaps the closest India comes to Wall Street. In some offices, you can get a U.S. dial tone. Clocks tell you what time it is in New York. Cappuccinos -- as well as Subway sandwiches and Carolina Herrera "212" perfume -- are easy to come by.   Nations:India Pakistan   Activities:Global Financial Crisis   Source:(AP)   2008-10-18

    HP to cut 24,600 jobs as part of EDS integration
    SAN FRANCISCO - Hewlett-Packard Co. said Monday it plans to slash 24,600 jobs over the next three years, nearly 8 percent of its work force, as it combines operations with Electronic Data Systems Corp., the technology-services company it recently acquired.   Nations:U.S.   People:Mark Hurd   Source:(AP)   2008-09-15

    HP to buy EDS for about $12.6 billion in cash
    Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $12.6 billion in a deal that will create the second largest technology services provider behind IBM.   People:Mark Hurd Michael Jordan   2008-05-13

    HP in talks to buy EDS to compete with IBM
    Hewlett-Packard Co (HPQ.N) is in talks to buy technology outsourcing company Electronic Data Systems Corp (EDS.N) for $12 billion to $13 billion in a deal which would vault it to a close second to IBM in technology services.   People:Mark Hurd   2008-05-12

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