IT Service News

Zee Research Group On May 21 the board of California based IT outsourcing company iGate Corp announcement the sacking of its President and CEO Phaneesh Murthy over alleged sexual harassment claims.

Sacked iGate Corp Chief Executive Phaneesh Murthy will be sued for sexually harassing the firm's investor relations head and allegedly making her pregnant, the law firm representing the victim said.

World Wide Technology is the latest St. Louis company to announce it's adding information technology jobs.

Oil prices slumped on Wednesday after data showing an unexpected jump in U.S. gasoline stockpiles in the world's top oil consumer and gold slipped too after the Federal Reserve chief warned of the risks of holding down U.S. rates for too long.

An audit of the North Carolina Department of Health and Human Services released Wednesday says it has failed to fully test a new $484 million computer system scheduled to begin processing Medicaid claims on July 1. The report issued by the office of State Auditor Beth Wood raises serious questions about the process used to affirm that the complex ... (more)

Clearwire Corp appeared to be on the brink of another fight with its shareholders on Wednesday as the wireless service provider approved Sprint Nextel Corp's sweetened buyout offer while minority shareholders said the bid was too stingy.

Singer and actress Jennifer Lopez says she's opening a chain of cellphone stores and a website under the Viva Mobil brand.

Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer.

While every business has its share of both fans and detractors, the collective opinion of customers is often a fairly accurate depiction of reality.

After the Close - After a volatile morning of trading, in which the major U.S. equity indexes seesawed back and forth around the neutral line, equities righted themselves around the midday hour and then the market pushed modestly higher thereafter and, for the most part, was able to hold onto the second-half gains by the closing bell.

A new and inexpensive way to allow picture-takers to attach their smartphones to their Digital Single-Lens Reflex Camera is now available.

Mumbai, May 21, : Chinese Premier Li Keqiang visited Tata Consultancy Services global development centre here during his short visit to the city on Tuesday.

The Department of Fire and Emergency Services is at the scene and says it is considering evacuating a local school.

TeliaSonera CEO Lars Nyberg stepped down February 1 as the company, whose two largest stakeholders are the Swedish and Finnish governments, came under increasing scrutiny for its activities in Uzbekistan.

A rendering shows the intersecting glass-and-steel spheres that Amazon is proposing at its new high-rise complex.

3 U.S. wireless carrier. ** Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several people familiar with the matter said.

Businesses and organizations across Oklahoma and the entire country are stepping up to help those who are affected by the massive tornado that swept through the Moore area Monday afternoon.

Charlie Ergen, chairman of satellite- TV provider Dish Network Corp., made a $2 billion bid for radio frequencies from LightSquared Inc., the bankrupt wireless- broadband company owned by Philip Falcone's hedge-fund firm, according to people familiar with the offer.

Majority owner Sprint Nextel Corp. boosted its offer for Clearwire Corp. by 14% Tuesday, succumbing to shareholder pressure with the hope of winning over vigorous opposition to the deal.

Vodafone will reinvest a $3.2 billion dividend from its healthy U.S. arm to counter weakness in southern Europe that contributed to the largest ever quarterly fall in the group's main revenue measure.