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Recent Posts Tagged With 'satyam'
Move Out Of Satyam @ Rs.55-58; Bid Price Low
The hunt for an acquirer for the fraud-hit Satyam Computer Services Ltd came Satyam's rise, fall and resurrection to an end on Monday with Tech Mahindra outbidding Satyam's rise, fall and resurrection competitors at Rs 58 per share. The other contend...
Tech Mahindra Wins Bid For Satyam; Bid @ Rs.58 Per Share
Tech Mahindra, an M&M-promoted company, has won the bid for Satyam Computer after bidding at Rs 58 per share. Tech Mahindra would pay Rs1,757 crore for a 31 per cent stake in Satyam. Tech Mahindra has secured complete funding to acquire a 51 per ...
Spice shortlisted by Satyam Board; to bid for IT firm
NEW DELHI: B K Modi-led Spice Corporation on Monday said it has been shortlisted by the Satyam Board to put its bid for a majority stake in thecrisis-ridden IT firm.A senior official of Spice Corp said that the company would now get access to the fin...
Tech Mahindra, L&T, Spice emerge bidders for Satyam Computer
Five pm today marked the deadline for all parties submitting Expression of Interest (EoI) for the fraud hit technology giant Satyam Computer Services Limited. The three bidders in the fray are Tech Mahindra, L&T and Spice Corporation; while HCL T...
Sensex down another 180 points as Satyam tumbles
Mumbai (PTI): The Bombay Stock Exchange 30-share Sensex on Friday ended 180 points lower amid high volatility as easing inflationary pressure helped markets recover part of the early losses while scandal-hit Satyam plunged for the second day in succe...
LIC has no plans to sell Satyam stake now
To play positive role to help software co and its employees.Our BureauMumbai: Domestic institutional investors in Satyam Computers Services such as LIC and ICICI Prudential Life have said that they will evaluate various options and take a decision on...
SEBI & RoC seize all Satyam Files
Minister for Corporate Affairs Prem Chand Gupta said here that the government has seized the books of accounts of tainted software maker Satyam Computer Services."After obtaining judicial order from the magistrate in Hyderabad, the Registrar of Compa...
Government orders inspection of 8 Satyam subsidiaries
NEW DELHI: The government on Thursday ordered probe into the books of accounts of eight subsidiaries of the Satyam Computer Services, whose head B Ramalinga Raju admitted that the company was declaring forged accounts.The inspection would be conducte...
Sensex Ends in Green - Close Above 10000, Nifty Close Above 3100
The 30-share BSE Sensex ended 60.33 points up at 10,335.93 but broad based 50-share NSE Nifty ended 8.65 points down at 3112.80New Delhi: The Bombay Stock Exchange Sensex engaged in seesaw trade on Tuesday, 6 January and ended the day flat but higher...
No truth in merger with Tech Mahindra: Satyam
MUMBAI - Satyam Computer Services denied media reports on rival software services firm Tech Mahindra offering to merge with the IT major. In a statement to the Bombay Stock Exchange, Satyam clarified that "there is no truth in the news item which app...
Satyam board to discuss dilution of stake
HYDERABAD: B Ramalinga Raju, Chairman and Founder of Satyam Computer Services, has pledged his shares with institutional lenders to raise loans but has failed to redeem them, forcing him to dilute his stake in the company, said a source privy to the ...
Satyam falls 15% down as World Bank stop orders
HYDERABAD: The World Bank on Wednesday said Satyam Computer Services was debarred from getting direct contracts from it under its corporate procurement programme for eight years from September this year.But it clarified there was no evidence of Satya...
Sensex ends down 118 points
The market opened on a weak note this morning due to negative global cues and remained in the red right through the session as participants refrained from picking up stocks even at lower levels. There was some hectic short-covering in select bluechip...
