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Payroll Outsourcing Company Recent Stories and News

Financial Scandal at Outsourcing Company Rattles a Developing Country (New York Times)

Satyam Computer Services, one of India?s largest outsourcing companies, significantly inflated earnings and assets for years, the chairman said before resigning.

Indian Outsourcing Giant Admits Fraud (Washington Post)

NEW DELHI, Jan. 7 -- The leader of one of India's largest technology outsourcing companies, Satyam Computer Services, on Wednesday admitted cooking its books and committing other grave financial wrongdoing to inflate profits over several years. The revelation shook India's stock market and sent s...

Outsourcing Giant Admits Cooking The Books (NPR)

The chairman of one of India's largest technology outsourcing companies has resigned after admitting the company's profits had been inflated for several years. The scandal at Satyam Computer Services Ltd. threatens future foreign investments in India and tarnishes the once-booming outsourcing sector.

Opinion: Why the Satyam scandal will force a step change in global outsourcing (Computer Weekly)

It is somewhat ironic that in the Sanskrit language, Satyam means truth, given the recent accounting scandal to have hit the company. But what does this crisis mean to offshore and general outsourcing as a whole?

Financial Scandal at Outsourcing Company Rattles a Developing Country (The Sarasota Herald-Tribune)

Satyam Computer Services, one of Indias largest outsourcing companies, significantly inflated earnings and assets for years, the chairman said before resigning.