Koobface computer virus gang unmasked

Online security researchers claimed Tuesday to have identified the members of a Russian gang of cyber criminals behind the Koobface computer virus which has attacked Facebook and other sites.

India's largest IT firm TCS Q3 profit up 23%

India's biggest outsourcing company, Tata Consultancy Services, reported on Tuesday that net profit rose 23 percent in the third quarter, matching forecasts, thanks to a rise in orders.

India's HCL profit jumps 43%, shares gain

India's fourth-biggest software services firm, HCL, Tuesday posted a 43 percent jump in quarterly net profit, beating forecasts, thanks to stronger outsourcing demand and a weak rupee.

US-based iGate to delist Indian unit Patni

US-based company iGate said Wednesday it plans to delist its unit Patni Computer Systems from stock exchanges by buying shares from the Indian company's public shareholders.

India's Satyam posts strong profit growth

Indian software outsourcer Mahindra Satyam on Thursday said its quarterly net profit soared more than ten-fold, beating market estimates, as demand for outsourcing grew.

Venture investments grow in 3Q from last year

(AP) -- Venture capitalists invested more money in more U.S. startups in the third quarter than they did a year earlier - especially in the software industry.

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