Mahindra Satyam appoints three executives for Americas
Mahindra Satyam, which was delisted from the New York Stock Exchange in September, said Monday it has appointed three new executives for its Americas operations with a view to restructuring business i
Satyam off NYSE, starts OTC innings
Oct. 14: IT major Mahindra Satyam’s American Depository Receipts (ADR) were delisted from the New York Stock Exchange (NYSE) on Thursday after the company expressed its inability to comply with US sec
Satyam may recover in 2 yrs
Sept. 29: “The patient is out of the ICU, but it will be another one to two years before he is healthy again.” That comment, coming Mr Vineet Nayyar, chairman of Mahindra Satyam — as the company is no
Raju was right on Satyam finances
Sept. 29: In an ironical twist of fate, it turns out that Satyam’s disgraced founder Mr Ramalinga Raju was telling the truth for once. The numbers declared by Mahindra Satyam on Wednesday bear out wha
Analysts sceptical on Satyam
Sept. 30: Mahindra Satyam as Satyam Computer Services is now called, saw its stock price fall 8.9 per cent on Thursday to Rs 90.10. However, the long term prospects of the company look much better th
Satyam reports Rs 125 cr loss for 2009-10
Mahindra Satyam (formerly Satyam Computer) today reported a consolidated loss of Rs 124.60 crore for the year ended March 2010.
The company's net sales stood at Rs 5,481 crore for the same period, M
Indian IT firms to now focus on Europe, Asia-Pacific
The Indian information technology sector is likely to witness heavy consolidation in the coming months as mid-size companies struggle to sustain growth amid a rising anti-outsourcing tirade in the Uni
Satyam wins tax lawsuit against Upaid
Hyderabad, Aug. 16: Mahindra Satyam on Monday said that it has won a lawsuit filed by Upaid in a US court against deduction of income tax on the amount to be paid by the Indian IT major for the settle
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