Mahindra Satyam

Satyam Case: Special Court Postpones Verdict to April 9

Business | Monday March 9, 2015

The six-year-old case rattled the corporate world after Mr Raju on January 7, 2009, confessed to manipulating Satyam's account books and inflating profits over many years to the tune of Rs.7,136 crore.

Court Quashes Money Laundering Cases Against Tech Mahindra

Business | Monday December 22, 2014

In a major relief to Tech Mahindra, the High Court at Hyderabad on Monday quashed all money laundering cases filed by Enforcement Directorate (ED) against the infotech major.

Didn't Anticipate Legal Hurdles After Satyam Buy: Mahindra

Business | Thursday August 28, 2014

Surprised by tax claims on its investments in the scam-tainted Satyam Computers, Mahindra Group chairman Anand Mahindra said he had not anticipated that the group will be battling Indian government and tax authorities in court for its own money.

Satyam Fraud Case: Sebi Reports Mismatch of Over Rs. 12,000 Crore

Press Trust of India | Tuesday July 15, 2014

The Satyam case had rattled India over five-and-a-half years ago as its biggest corporate fraud.

Tech Mahindra rallies 10% in July on cheap valuations

Business | Tuesday July 23, 2013

The stock is trading at a discount of 34.2 per cent to HCL Technologies Ltd valuations on price-to earnings multiples, according to StarMine estimates.

Satyam lives on as part of Tech Mahindra

Business | Sunday July 14, 2013

Its journey saw a fraud bringing down the company's valuation by over 95 per cent within weeks, while a subsequent revival brought in an over 10-fold surge from the dumps.

Satyam Computer sees various bulk deals worth crores

Business | Tuesday July 2, 2013

Satyam Computer Services, re-christened as Mahindra Satyam after takeover by Mahindra Group in 2009, has been merged with Tech Mahindra. Shares of the company would stop trading on the bourses from July 4.

Mahindra Satyam shares slump as last trading day nears

Business | Tuesday July 2, 2013

Shares in Tech Mahindra and Mahindra Satyam fell sharply on Tuesday, two days before Mahindra Satyam shares will stop trading after a merger with Tech Mahindra.

Mahindra Satyam shares to stop trading from July 4

Business | Monday July 1, 2013

Mahindra Satyam (erstwhile Satyam Computer Services Ltd), which merged into Tech Mahindra last month, will become history in the records of BSE and National Stock Exchange (NSE) as trading of the company's scrip is likely to end from July 4.

Satyam no more a legal entity: Vineet Nayyar

Business | Wednesday June 26, 2013

Satyam no more a legal entity after merger: Vineet Nayyar

Mahindra Satyam merges with Tech Mahindra

Agence France-Presse | Tuesday June 25, 2013

The combined entity now has 11 locations in India and 15 overseas for BPO operations and software development.

Tech Mahindra, Satyam merge; become 5th biggest IT firm

Business | Tuesday June 25, 2013

The combined entity now has 11 locations in India and 15 overseas for BPO (business process outsourcing) operations and software development.

Mahindra Satyam's AGM on July 31 cancelled

Business | Tuesday June 25, 2013

In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.

Satyam-Tech Mahindra merger details likely this week: report

Business | Monday June 24, 2013

Besides the chairman, vice chairman, chief executive and head of finance are likely to be named in the announcement which was to come on Monday evening but was called off at the last minute.

Tech Mahindra appoints Milind Kulkarni as CFO

Business | Friday June 14, 2013

IT services firm Tech Mahindra on Friday appointed Milind Kulkarni as its chief financial officer (CFO) replacing Sonjoy Anand, who decided to pursue opportunities internationally.