@Satyam
Tech Mahindra Deposits Rs. 2910 Crore
by CXOtoday Staff    Apr 20, 2009
Category : News & Analysis
  Representatives from Tech Mahindra and Satyam met today to finalize plans for Tech Mahindra's acquisition of a controlling stake in Satyam and to discuss important transition issues.   Anand Mahindra, chairman of...
CLB Gives Green Light to Tech Mahindra-Satyam Deal
by CXOtoday Staff    Apr 16, 2009
Category : News & Analysis
The Company Law Board (CLB) on Tuesday approved the Satyam sale to Tech MahindraAccording to the agreement, Tech Mahindra can not sell Satyam assets for two years. CLB said the government-nominated directors will continue on the Satyam board,...
"We can Work it Out," Mahindra
by UTVi Desk    Apr 14, 2009
Category : News & Analysis
Technology : Infrastructure
Related links:   L&T Still Interested in Satyam Computer L&T leads Satyam Buyout Race L&T Not Averse to Upping Stake in Satyam Why is L&T Infotech keen on Satyam Tech Mahindra Gets Controlling Stake in Satyam
Tech Mahindra Will Enter New League,Says India Inc
by Manu Sharma    Apr 14, 2009
Category : News & Analysis
Satyam s acquisition by Tech Mahindra is now more than just a formality. But for the Indian IT industry, it was a welcome change since it marks the end of the suspense and uncertainty over the last three turbulent months.Reacting to the...
Tech Mahindra Buys Satyam But At Whose Cost?
by Manu Sharma    Apr 14, 2009
Category : News & Analysis
Tech Mahindra has finally acquired the fraud-ridden Satyam Computers but at whose cost? The buyout is expected to put tremendous pressure on the operations due to interest payments and borrowings of the company. More ever, the IT services...
Tech Mahindra-Satyam: Integration Challenge
by Tabrez Khan, Sonal Desai    Apr 13, 2009
Category : News & Analysis
Tech Mahindra, which emerged as the highest bidder for Satyam, will have to work harder in the IT services space to compete with large system integrators as TCS, Wipro, Infosys, Cape Gemini, Accenture, among others. While the acquisition...
Satyam Collaborates with Pentaho for On-Demand Bl
by CXOtoday Staff    Apr 08, 2009
Category : News & Analysis
Technology : Hardware & Software
Satyam Computer Services (SATYAMCOMP), a global consulting and IT services provider, announced its partnership with Pentaho Corporation, an open source business intelligence (OSBI) product company. As a silver certified partner for system...
Have Plan B in Place: Forrester to Satyam Clients
by CXOtoday Staff    Apr 07, 2009
Category : News & Analysis
Lack of financial data and unknown legal liabilities of Satyam could see the deal falling through, said IT consultancy firm Forrester Research in a fresh advisory to the scam-tainted outsourcing company's clients. The government-appointed...
Sonata Ropes in ex-Satyam Exec
by CXOtoday Staff    Apr 06, 2009
Category : News & Analysis
Technology : Infrastructure
Sonata Software has appointed Ramachandra Subramanya as head of its SAP business. In this position, Ram will oversee SAP-enabled business transformation programs for Sonata's customers.Ram's last appointment was with Satyam as SAP delivery...
Satyam Bidders Ask Tough Questions
by Kumar Deep, UTVi    Mar 27, 2009
Category : News & Analysis
The Satyam board is facing a tough time answering questions posed by potential bidders regarding the company.Sources indicate that the bidders have asked questions about the fixed asset value of the company, and business booked during the first...
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