@SEBI
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 Commences Bid Process for Investor
by CXOtoday Staff    Mar 09, 2009
Category : News & Analysis
Satyam Computer Services announced today that it is commencing a competitive bidding process to select an investor to acquire a 51% equity interest in the company. The Securities and Exchange Board of India (Sebi;) had recently cleared...
SEBI Nod for Satyam Bidding Process
by CXOtoday Staff    Mar 06, 2009
Category : News & Analysis
Satyam Computer Services announced today that it has received approval from the Securities and Exchange Board of India (SEBI) for global competitive bidding. The bidding process is subject to receipt of all approvals and the selection of an...
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. ...
Now I-T Dept to Quiz Raju Brothers
by Shweta Borthakur, UTVi    Feb 18, 2009
Category : News & Analysis
After Sebi, it is now the turn of the the income tax department to interrogate the Raju brothers.The Naampally court has granted permission to the I-T department to question the Rajus on February 21.In another development, Sebi has been granted...
World Bank Open to Revoking Satyam Ban
by CXOtoday Staff    Feb 16, 2009
Category : News & Analysis
After the recent SEBI relaxation of takeover norms for scandal-hit Satyam Computer Services, comes further heartening news for would-be suiters of the IT outsourcing company. The World Bank, which had imposed an eight-year ban on Satyam in...
'Expect Regulatory Responses Post-Satyam'
by CXOtoday Staff    Feb 05, 2009
Category : News & Analysis
C B Bhave, chairman of SEBI, has called for voluntary and proactive measures from CII and the industry in corporate governance. Speaking on the issues raised by the ongoing Satyam (SATYAMCOMP) case, Bhave highlighted that desirability of...
SEBI to Question Raju in Satyam Case
by UTVi Desk    Feb 03, 2009
Category : News & Analysis
Technology : Infrastructure
The Supreme Court today allowed Securities and Exchange Board of India (SEBI) to question Ramalinga Raju in the Satyam case. The market regulator had approached the apex court after being denied permission by the Andhra Pradesh High Court to...
Khusrokhan, Datta May Join Satyam Board
by CXOtoday Staff    Jan 29, 2009
Category : News & Analysis
Technology : Infrastructure
According to reports, Homi Khusrokhan may be inducted as executive director on the board of Satyam Computer. Homi Khusrokhan is an M&A specialist, who has earlier been associated with the Tata group since early 2000s, having served as MD of...
Satyam Board to Meet on Saturday: Parekh
by Kumar Deep    Jan 15, 2009
Category : News & Analysis
Deepak Parekh, chairman, HDFC, who has been nominated to the board of the crisis-ridden Satyam Computer along with ex-Sebi official C AChuthan and ex-Nasscom president Kiran Karnik, today said the board will meet on Saturday.He added that KPMG...
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