http://www.aiosolutions.com/IT-Blog Wed, 21 Apr 2010 00:37:05 +0000 en hourly 1 http://wordpress.org/?v=3.0 http://www.aiosolutions.com/IT-Blog/2009/02/15/merrill-lynch-dumps-satyam-for-tcs/ http://www.aiosolutions.com/IT-Blog/2009/02/15/merrill-lynch-dumps-satyam-for-tcs/#comments Mon, 16 Feb 2009 03:38:47 +0000 Tina Gasperson http://www.aiosolutions.com/IT-Blog/?p=204 The Economic Times of India (ET) is reporting that big shot Merrill Lynch has had enough of Satyam shenanigans.  The $40 million account is moving to another India company, Tata Consultancy Services (TCS). Merrill Lynch is keeping a tiny portion of its Satyam contract, though, and will not terminate the contract completely.  Satyam’s chairman Kiran Karnik told ET, “IT companies win and lose contracts all the time. I do not know why the media has to report it all the time.”

]]> http://www.aiosolutions.com/IT-Blog/2009/02/15/merrill-lynch-dumps-satyam-for-tcs/feed/ 1