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South Asian Observer
The First Online South Asian News Source in Canada
Telstra cancels 32 m dollar deal with Satyam
( 17-Mar-2009 )

Melbourne, Mar.17 (ANI): Australian software major Telstra has dumped scandal-ridden outsourcing partner Satyam from an applications support contract believed to be worth 32 million dollars a year. EDS will pick up the embattled Indian outsourcing firm’s IT contracts with Telstra, sources told Th ....
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Satyam allots 10,511 equity shares under stock option plans
( 17-Mar-2009 )

Mumbai, Mar 17 (ANI): IT firm Satyam Computers, on Tuesday said in a filing to the Bombay Stock Exchange that it has allotted 10,511 equity shares under its stock option plans. The government appointed Satyam board gave its consent to the allotment of shares on March 13, the filing said. The filin ....
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Chili loses colour, traders blame bad weather
( 17-Mar-2009 )

By Suresh Soni Gondal (Gujarat), Mar 17 (ANI): Chili traders in Gujarat are ruing losses as this year''s bad crop has led to reduction in exports and also the prices of chili have shot up in domestic market making it difficult for the traders to sell their produce. Gondal, the biggest market of ch ....
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HCL bags 350 million dollars ?Readers Digest? deal
( 16-Mar-2009 )

New Delhi, Mar 16 (ANI): India’s leading offshore IT and software development company, the HCL on Monday announced that it has bagged a seven year 350 million dollars IT services outsourcing contract from media and marketing house ‘Readers Digest Association’ (RDA).   According to a HCL sta ....
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India-Chile should target five billion dollar trade by 2014
( 15-Mar-2009 )

New Delhi, Mar.15 (ANI): In order to propel the economy during this economic downturn, CII recommends boosting trade ties with other Latin American countries like Chile, and leverage the immense potential that exists between the two countries, by setting up bilateral forums to harness the economic l ....
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