@Satyam
Satyam Saga Continues, Loses Major Customers
by Manu Sharma    Mar 24, 2009
Category : News & Analysis
 Satyam Computer Services is on a 'losing spree', having so far lost outsourcing contracts from large customers to rivals such as IBM Corp., TCS, Infosys Technologies  and Wipro Ltd. Now, a US property and casualty insurer is...
Satyam to Implement SAP at Vijay Dairy
by CXOtoday Staff    Mar 23, 2009
Category : News & Analysis
Technology : Infrastructure
Satyam Computer Services Ltd (SATYAMCOMP), a global consulting and IT services provider, will implement SAP Business All-in-One solutions for Vijay-Dairy and Farm Products. The solution would automate and integrate key business processes across...
Recession Hurts India's R&D Offshore Outsourcing
by Manu Sharma    Mar 18, 2009
Category : News & Analysis
At the time of recession, lower billing rates in China offer a lucrative proposition for US based companies to outsource their offshore R&D related work to third party service providers in China. This is impacting the Indian outsourcing...
MindTree-Aztecsoft Deal, Competition for Big 3
by CXOtoday Staff    Mar 17, 2009
Category : News & Analysis
An AMR Research report states MindTree's pending acquisition of Aztesoft could make it a stronger alternative to offshore service providers. The report says that with this acquisition MindTree can better compete against biggies like TCS,...
Tech Mahindra to Participate in Satyam Bid
by CXOtoday Staff    Mar 12, 2009
Category : News & Analysis
Tech Mahindra (TECHM) has officially declared that it will participate in the Satyam (SATYAMCOMP) auction to be held later this month. In a statement to the BSE, the company said it is interested in participating in the bidding process. ...
L&T Still Interested in Satyam Computer
by UTVi Desk    Mar 09, 2009
Category : News & Analysis
Technology : Infrastructure
With Satyam Computer Services set to commence the bidding process soon, Y M Deosthalee, CFO of L&T, said the company continues to be interested in Satyam."We have interest in this entity, and it continues to be there. However, the...
Satyam Invites EoIs by March 20
by UTVi Desk    Mar 09, 2009
Category : News & Analysis
Technology : Infrastructure
Satyam Computer Services is commencing a competitive bidding process which, subject to receipt of all approvals, will select an investor to acquire 51% equity stake in the company.The board has proposed to follow a transaction structure with an...
Satyam Bidding Process in 2-3 Days
by UTVi Desk    Mar 05, 2009
Category : News & Analysis
Corporate Affairs Minister P C Gupta will give details of the Satyam bidding process in 2-3 days. He said the whole process would be done with full transparency."We will do everything we can to restore investor confidence," Gupta...
Satyam Board Seeks Removal of PWC
by CXOtoday Staff    Feb 24, 2009
Category : News & Analysis
The Satyam (SATYAMCOMP) board has recommended to the Ministry of Corporate Affairs for the removal of PriceWaterhouseCoopers as the statutory auditors of the company. PWC has already tended its resignation earlier. The company is now looking to...
Satyam Sale may Take Six Months
by Arun Giri, UTVi    Feb 24, 2009
Category : News & Analysis
While Securities and Exchange Board of India (Sebi) and the Company Law Board (CLB) may have granted Satyam special concessions to enable it to proceed with its stake sale, the process is still likely to take at least another six months. ...
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