Indian outsourcers 'employ 100,000 in US'

India's IT outsourcing sector has nearly doubled the number of jobs it has created in the US in the last five years and now employs more than 100,000 people, an industry group said on Friday.

Germany opens cybersecurity centre

Germany's interior minister opened Thursday a new cybersecurity centre to protect the country's infrastructure from what he said was a growing menace posed by hackers.

Obama's regulatory plan doesn't go far enough, says UCSC economist

Tempting as it is to demonize greedy Wall Street bankers for the nation's economic ills, the real cause is far more insidious than a handful of selfish individuals--and may prove resistant to the Obama administration's latest ...

Japan's Softbank unloads Yahoo! shares

Japanese telecom giant Softbank on Friday said it was selling the bulk of its holdings in US Internet firm Yahoo! to Citibank in repayment of a 2004 loan.

Net profit of India's largest IT firm TCS up 23%

India's biggest IT outsourcer, Tata Consultancy Services, said on Monday that net profit beat forecasts to rise 23 percent in the third quarter despite economic woes in its main markets.

India's TCS slides near 8% as earnings disappoint

Shares in India's biggest software exporter TCS plunged nearly eight percent on Tuesday, a day after the firm posted earnings figures that fell short of market expectations.

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