Posts Tagged ‘Satyam’

A to Z of Satyam-Tech Mahindra deal….

For Anand Mahindra and his team at Tech Mahindra, the hard work has just begun. The elation of clinching Satyam Computer Systems — the combine will be hot on the [...]

Tech Mahindra bid Satyam Computer’s share a 31 percent stake and L&T out of race….

Ending the three month ordeal of about 50,000 employees, Tech Mahindra ,emerged as a top bidder with an offer of Rs 58 a share for a 31 per cent stake [...]

Salary cutting in IT’s…

With the global economy facing rough weather, cost cutting has become the new mantra in Business World. Companies across the segments and sectors are trying various measures to rein in [...]

10 technology flops of 2008…

The year 2008 was a momentous for the IT industry. Along with some cool launches across categories and of course the troubling recession, the year also saw several new faces [...]

L&T to bid for Satyam ..

MUMBAI: Indian engineering and construction firm Larsen & Toubro Ltd will go ahead with a bid for beleagured software firm Satyam Computer Services Ltd, according to an L&T spokesman.
“We expect [...]

Satyam to invite bids early this week; Board to meet on Friday…

MUMBAI: The Government-appointed Board of Satyam Computer plans to invite bids for a strategic investor early this week and hopes to complete the  selection process within a month, a top [...]

‘Sebi should have probed Satyam’…

BANGALORE: An Information Technology sector veteran says SEBI should have been allowed to question Satyam management and believes it’s time the Department of Company Affairs (DCA) delegated a lot of [...]

Satyam gets SEBI approval to sell 51% stake…

HYDERABAD: Satyam Computer Services on Friday received approval from market regulator SEBI to facilitate a global competitive bidding process enabling it to sell 51% stake in the company to a [...]

Satyam’s assets valued at Rs 4K cr….

HYDERABAD: The market value of the assets of tainted Satyam Computer Services has been estimated at around Rs 4,000 crore after netting out the The Great Fall of Satyam current [...]

IT Inc on Obama’s outsourcing plan..

Seems the current recession is turning US ‘inwards’. In the country, which taught the world lessons of `open economy’, the demand for protectionism is getting louder. The pains of turbulent [...]

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