Telstra said to have terminated contract with Satyam
Australian telecom services provider Telstra is said to have terminated their outsourcing contract with Satyam.
The contract is said to be worth around $32 million per year.
Market reports say that the contract has now gone to EDS which is part of the US based giant Hewlett Packard.
Satyam [...]

Ron Rittenmeyer to leave EDS by the end of the year
HP has revealed that Ron Rittenmeyer who is the CEO of EDS would leave the company at the end of the year.
HP recently acquired the company for $12.6 billion.
The company added that they would now integrated EDS in their technology solutions group.
HP [...]

Hewlett-Packard to cut lots of jobs as part of acquiring Electronic Data Systems
Hewlett-Packard has announced that they plan to cut around 24,600 jobs over the next three years as they are in the process of acquiring Electronic Data Systems.
HP said that most of these job cuts would be from the Electronic Data Systems operations. And [...]