Popular Articles

I-T Dept gets Rs 2,477 cr more from top 90 firms
With the Indian economy regaining its robustness, the Income Tax Department has collected an additional Rs 2,477 crore from the top 90 advance taxpayers in the third quarter (October- December) this financial year.

HC stops Zydus drug sale on Sun petition
The Madras High Court today directed Ahmedabad-based Zydus Cadila (Cadila Healthcare) not to sell its anti-depressant drug, Venz (venlafaxine), in the domestic market for the time being, based on a trademark complaint from Mumbai-based Sun Pharmaceutical industries.

News of the day

Local court restricts Maytas from loans on land collateral
In a major setback to cash-strapped infrastructure firm Maytas Properties, promoted by former Satyam Computer founder B Ramalinga Raju"s family, a local court has passed an order barring the company from using land as collateral for loans.
International Business

Satyam BPO on hiring spree

The BPO arm of Mahindra Satyam seems to be on a hiring spree with plans to recruit additional 300 persons by next month even as the parent is rationalising its headcount. Markets extend losses in noon trades However, he declined to divulge the name of the new client or the deal size. According to sources, the new win is in the telecom space. The total headcount of the company after the recruitment would stand at 2,900. Though the parent firm Mahindra Satyam has considerable presence in the domestic market, this is the first major win by Mahindra Satyam BPO in the domestic space. Rangineni further said the company would now focus on the sizeable domestic market. “Post the acquisition by Tech Mahindra, we now have a footprint globally and will leverage the strengths of Tech Mahindra wherever they are present,” he said. Mahindra Satyam BPO has one delivery centre each in Hyderabad, Bangalore, Chennai and Pune.


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