Outsourcing


MUMBAI, India - Indian outsourcer Mahindra Satyam said Wednesday that it posted heavy losses in fiscal years 2009 and 2010, missing analyst expectations in its first earnings statement since the company's founder confessed to the largest fraud in Indian corporate history.

WASHINGTON - Businessman Randy Altschuler had barely won a Republican primary for Congress when New York Democratic Rep.
India protests US Senate bill to raise visa fees
MUMBAI, India - India is protesting a bill in the U.S.

NEW YORK - Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Pfizer Inc., up 86 cents at $16.34 The pharmaceutical company's quarterly net income jumped 9 percent as its recent acquisition of drugmaker Wyeth added revenue.

SAN FRANCISCO - Xerox reported Thursday that second-quarter net income jumped 62 percent and revenue 48 percent as the company reaped the benefits of its $6 billion acquisition of outsourcer Affiliated Computer Services.
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