Oregon-based Tyfone has reportedly signed an alliance with India’s software exporter Satyam Computers for mobile financial services.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Satyam Computer stock with an intraday target of Rs 490.

According to Karvy, day traders can purchase the stock above Rs 482 with a strict stop loss of Rs 475. If the stock market remains on positive track, the next target for the day will be above Rs 500.

Satyam Computer Services and Nowpos Online Services joined together to enable the employees (of Satyam Computer Services) to show their talent. The company has hired TV producer-cum-actor,  Pradeep Kondiparthi to handle the shows and commence with the other activities as well.

The employees are required to post the details of their skills and other talents like singing, music, painting, acting, writing etc on a web portal called SatyamStarPower.com.

Satyam seeks a new way to enable its employees to have ‘Fun@Work’.

According to the Chief Executive Officer of Satyam, B. Rama Raju, this practice will keep all the ‘Satyamites’ connected. The entry, unlike ‘India Ka Hero’, will be allowed to the company’s employees only.

NTT Data is planning to acquire 60% stake in software subsidy of Matsushita mobile phone.

A recent survey by NASSCOM has revealed that IT and BPO industry is expected to grow 15 to 20 per cent in the coming five years. This will also give a rise to employment up to eight million.