Mahindra Satyam, formerly Satyam Computer Services, is exercising caution on damages claimed in a suit filed against its former board of directors, certain employees and audit firm PWC to avoid paying

Mahindra Satyam in a release says it has filed a suit in civil court in Hyderabad against past board of directors, a certain former employees and auditor PricewaterhouseCoopers.

The civil suit seeks

Software services exporter Mahindra Satyam on Thursday posted a more than 10-fold jump in quarterly net profit, beating street estimates, as it added 36 new clients for its outsourcing business.

Net

IT firm Mahindra Satyam is likely to approach the Andhra Pradesh High Court challenging the Rs 2,114 crore income tax demand raised by the I-T Department.

"We will definitely move to court that is f

Mahindra Satyam today said it may consider re-listing at the New York Stock Exchange (NYSE) after the process of merger with Tech Mahindra gets over.

Some minority shareholders have opposed the propo

Software exporter Mahindra Satyam on Tuesday said it plans to wind down its American Depository Share programme in 2012 due to regulatory issues with the US market regulator SEC.

The company's Americ

April 28: Mahindra Satyam plans to step up hiring plans in the current fiscal as business sentiment improves for the Indian IT industry. “We plan to hire over 12,000 experienced professionals by the

Mahindra Satyam – brand identity of Satyam Computer Services Limited – which recently announced that it had agreed to pay USD 125 million to settle class action suits in USA, is yet to get Reserve Ban

The income tax department has issued a notice to Mahindra Satyam, the new brand identity of Satyam Computer Services Ltd, to pay Rs 616.53 crores in taxes, the company said in a Stock Exchange filing on Tuesday.

Mumbai: Indian software services exporter Mahindra Satyam Ltd said its fiscal third quarter net profit more than doubled from a quarter ago, sending its shares up as much as 14 per cent.

The company,