Tech Mahindra And Mahindra Satyam

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  Infosys President Mohit Joshi Resigns From Post; to Join Tech Mahindra as CEO, MD

  IT company Tech Mahindra on Saturday announced the appointment of former Infosys president Mohit Joshi as MD and CEO designate, who will take over the charge from C P Gurnani after his retirement on December 19 this year. Joshi will replace Gurnani who has been one of the longest serving chief executive officers of the Indian IT sector.

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  Tribunal Quashes 2-Year Sebi Ban On PwC In Satyam Scam

  SAT said, only the auditors watchdog ICAI can take any action against its members and fraud cannot be proved on the basis of negligence in auditing.

• Didn't Anticipate Legal Hurdles After Satyam Buy: Mahindra

  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.

• Court to Fix Date for Satyam Verdict on June 26

  Raju and others were charged with offences ranging from cheating, criminal conspiracy, forgery, breach of trust under relevant sections of IPC by way of inflating invoices and incomes, account falsification, faking fixed deposits, besides allegedly falsifying returns through violation of various I-T laws.

• Infosys, Tech Mahindra top bets in IT space: Andrew Holland

  The benefits of merger with Satyam has still to play through for Tech Mahindra, which is now in the big league and is likely to win lots of contracts in the future.

• US court orders fresh proceedings into claims against Satyam

  Satyam, whose founder and then Chairman B Ramalinga Raju, had admitted in January 2009 a long-running fraud at the company, was later acquired by Tech Mahindra and its entire business was integrated with the new owner earlier this year.

• Tech Mahindra seeks transfer of Satyam SEZs

  According to a department notification, Tech Mahindra has approached the Board of Approvals (BoA) under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.

• Satyam lives on as part of Tech Mahindra

  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.

• Mahindra Satyam shares slump as last trading day nears

  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

  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.

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  Mahindra Satyam merges with Tech Mahindra

  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

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

• Satyam-Tech Mahindra merger details likely this week: report

  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.

• Mahindra Satyam-Tech Mahindra merger roadmap post court's nod

  "All our financial systems are already integrated and all what we need now at this stage is the clearances and I think it's all green after that," Mr Nayyar told NDTV.

• Mahindra Satyam-Tech Mahindra merger gets court approval

  The Andhra Pradesh High Court approved on Tuesday the merger of Mahindra Satyam (MSat) with Tech Mahindra while dismissing the petitions of some shareholders seeking to stall the proposal in its current form so as to safeguard their financial interest.