Swimsuit model held for heading global drug ring
March 18th, 2012 - 8:10 pm ICT by IANS
London, March 18 (IANS) A swimsuit model, who was once voted one of FHM magazine's "sexiest women in the world", has been arrested in Australia on charges of heading an ... Read more...
Posted in World |
Australian business conditions improve in November
December 13th, 2011 - 1:47 pm ICT by IANS
Sydney, Dec 13 (IANS) Business conditions in Australia improved slightly in November as a result of a boost in mining, retail and services sectors, a survey by National Australia Bank ... Read more...
Posted in Business |
S&P; downgrades ratings on Australia’s big four banks
December 2nd, 2011 - 1:37 pm ICT by IANS
Sydney, Dec 2 (IANS) Global rating agency Standard & Poor's (S&P;) said Friday it had downgraded Australia's big four banks' credit ratings as a result of changes to its criteria ... Read more...
Posted in Business |
Australian business conditions down in October
November 8th, 2011 - 1:41 pm ICT by IANS
Sydney, Nov 8 (IANS) Australian business conditions weakened in contrast with increased confidence in October, according to survey results released Tuesday by National Australia Bank (NAB).The NAB's Monthly Business Survey ... Read more...
Posted in Uncategorized |
GMR secures funding for its Singapore power project
July 15th, 2011 - 7:55 pm ICT by IANS
Singapore, July 15 (IANS) GMR Infrastructure Ltd's Singapore-based energy subsidiary Friday said it has secured funds for its 800 MW power project from a consortium of six banks."The financing structures ... Read more...
Posted in Business |
Porn star backed ‘Sex party’ confident of success in Oz elections
November 6th, 2009 - 5:28 pm ICT by ANI
Melbourne, Nov 6 (ANI): In the Higgins by-election in Australia, a party backed by porn stars, called the Australian Sex Party, is sure that it will land a place in the Parliament.Fiona ... Read more...
Posted in World |
Tech Mahindra in talks with Satyam’s Australian clients to salvage reputation
June 25th, 2009 - 5:09 pm ICT by ANI
Melbpurne, June 25 (ANI): Tech Mahindra, which took over scandal hit Satyam Computer Services, will hold high-level talks with key Australian corporate clients of the troubled IT firm in a bid to ... Read more...
Posted in World |
Satyam appoints new boss for ANZ
June 1st, 2009 - 1:02 pm ICT by ANI
Melbourne, Jun.1 (ANI): Satyam Computers has appointed Venki Prathivadi as country manager for Satyam Australia and New Zealand (ANZ) replacing Deepak Nangia.The India based IT company has also appointed former ... Read more...
Posted in World |
Satyam Australia chief quits
May 27th, 2009 - 7:22 pm ICT by ANI
Melbourne, May 27 (ANI): The E head of Satyam Computer Services in Australia, Deepak Nangia, has resigned.Nangia told The Australian he left the company around three weeks ago to pursue other ... Read more...
Posted in Business |
Telstra cancels 32 m dollar deal with Satyam
March 17th, 2009 - 1:46 pm ICT by ANI
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 ... Read more...
Posted in Business |
Oz national bank removes Satyam from its IT roster
February 5th, 2009 - 12:29 pm ICT by ANI
Melbourne, Feb.5 (ANI): Executives of the National Australia Bank have decided to cancel the second phase of a massive outsourcing project contracted to troubled IT services firm Satyam Computer Services.
Australian IT ... Read more...
Posted in Business |
Oz bank may have to write off losses incurred from Satyam fraud
January 21st, 2009 - 12:34 pm ICT by ANI
Melbourne, Jan.21 (ANI): The National Australia Bank (NAB) could be forced to write off millions of dollars invested in its off-shoring program as a result of the Satyam corporate fraud scandal.
According ... Read more...
Posted in World |
Satyam customers may take a cost hit
January 20th, 2009 - 1:44 pm ICT by ANI
Melbourne, Jan.20 (ANI): Australian clients of scam-hit Satyam Computer Services face higher costs if they are forced to switch over to other outsourcers, experts here have said.
According to a report in ... Read more...
Posted in Business |
ANZ Bank reviews Satyam links
January 12th, 2009 - 1:03 pm ICT by ANI
Melbourne, Jan.12 (ANI): In the wake of Hyderabad-based Satyam Computer Services'' billion dollar corporate scandal, the management of ANZ Bank has announced that it will reviewing its links with the firm.
ANZ ... Read more...
Posted in Business |
ANZ jobs axed in New Zealand, some heading to India
September 25th, 2008 - 10:19 am ICT by IANS
Sydney, Sep 25 (IANS) ANZ bank, which in July had announced that it will move 238 back office jobs from Wellington and Auckland to Bangalore, is axing jobs throughout its branches in ... Read more...
Posted in Business |
ANZ Bank to outsource New Zealand jobs to India
July 16th, 2008 - 1:04 pm ICT by IANS
By Neena Bhandari
Sydney, July 16 (IANS) ANZ Bank will move 238 back office jobs from Wellington and Auckland to India. The announcement comes close on the heels of another of Australia's four ... Read more...
Posted in Business |
National Australia Bank to halve local workforce, outsource more jobs to India
July 15th, 2008 - 12:28 pm ICT by ANI
Sydney , July 15 (ANI): The National Australia Bank (NAB) plans to more than halve its local technology workforce and outsource jobs to India in the next five years, as part ... Read more...
Posted in National |
Oz bank to outsource 400 new jobs to India by year-end
July 9th, 2008 - 3:28 pm ICT by ANI
Sydney , July 9 (ANI): The National Australia Bank (NAB) has reportedly decided to outsource nearly 400 new jobs to India by the year-end.On Monday the Bank commenced its second round ... Read more...
Posted in Business |
Outsourcing may cost Australia one million jobs by 2028
May 27th, 2008 - 2:29 pm ICT by admin
Melbourne, May 27 (ANI): The Australian service sector is at risk of losing over a million jobs during the next two decades due to current fixation for outsourcing work overseas.
One in ... Read more...
Posted in National |
Westpac denies reports of jobs going to India
May 1st, 2008 - 3:59 pm ICT by admin
By Neena Bhandari
Sydney, May 1 (IANS) One of Australia's leading banks, Westpac Banking Corporation Ltd., Thursday denied media reports that it is planning to move 3,000 back-office jobs to India though it ... Read more...
Posted in World |
Satyam to build software development centre in Australia
April 14th, 2008 - 1:45 pm ICT by admin
By Neena Bhandari
Sydney, April 14 (IANS) India's IT major Satyam Computer Services will build a new software development and training campus, creating 2,000 jobs, in the cosmopolitan town of Geelong in Australia's ... Read more...
Posted in World |
Satyam ANZ doubles sales volume
January 21st, 2008 - 3:09 pm ICT by admin
Melbourne, Jan.21 (ANI): India's Satyam Computer Services' Australia and New Zealand business has reported third quarter revenue of 47 million American dollars. Deepak Nangia, Satyam Computer Services ANZ head, said 90 per ... Read more...
Posted in Business |