Indian IT companies to start bidding for Computer Sciences, the information-technology services company up for sell
Shekhar Pandit
Apr. 4, 2006

Indian IT companies to start bidding for Computer Sciences, the information-technology services company up for sell.

Computer Sciences, the information-technology services company, said on Tuesday it was considering putting itself up for sale and announced plans to cut just over 6 per cent of its workforce in a bid to streamline operations.

The company said it had hired Goldman Sachs to “explore strategic alternatives to enhance shareholder value, including a potential sale”. It cautioned that “there can be no assurance” that the review would result in a transaction.

Sify, TCS, Wipro all are eyeing the Computer Sciences Corp. They may even form a joint venture to buyn the American Corporation.

Indian IT companies to start bidding for Computer Sciences, the information-technology services company up for sell
Shekhar Pandit
Computer Sciences, the information-technology services company, said it was considering putting itself up for sale and announced plans to cut just over 6 per cent of its workforce in a bid to streamline its operations.
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Jiangsu province, one of the main engines of China's economic miracle, has evinced keen interest in investing in India while welcoming more Indian companies to foray into the booming east Chinese province
Media Release
The Confederation of Indian Industry (CII), Infosys, Larsen & Toubro (L&T), Dr Reddy's Lab, Reliance, Thermax, CRISIL, State Bank of India and Air India made presentations about specific business interests in Jiangsu.
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Sequence Design, a Silicon Valley leader in EDA software used by chip designers to reduce power in portable and wireless devices expands in India
Media Release
Sequence has also ramped up hiring of R&D and field application engineers in its new facility located in Noida's Logix Technopark, Sector 127 area. By investing more than Rs 5 Crores annually,
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India's exports for the first time crossed the US$100 billion mark
Media Release
Achieving a growth rate of about 25 per cent over the previous fiscal year, the country's exports crossed the US$100 billion mark this financial year
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Americans are looking for jobs and Indian oligarchs use them to penetrate American economy to sell their substandard products and services
Harish Baliga
Nearly 800 Americans are working or interning at information technology companies in India, and the number is expected to grow, according to India's National Association of Software and Services Companies, or Nasscom.
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America must learn to live and grow with its own talents and not the borrowed ones from India, China and other countries
Gautam Dave
There is plenty of American talent available locally for American companies. But the American corporate management is so inefficient; they need plenty of 'free' workers to perform unnecessary work
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India to look beyond the IT sector for creating jobs for its growing labour force : UN body
Babu Ghanta
It is just naive to even imagine that a country can survive on IT jobs for ever....
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Provider of mobile devices and applications i-mate to set up its subsidiary in India
Media Release
Provider of mobile devices and applications i-mate on Wednesday introduced a new enterprise solution 'i-mate Suite' and said it will set up its subsidiary in India for distribution.
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