@Tech Mahindra
Returning Normalcy Priority for New Owner: Gartner
by CXOtoday Staff    Apr 13, 2009
Category : News & Analysis
Partha Iyengar, head (research) of Gartner said it is imperative for the new owner of Satyam to move quickly to restore complete confidence in clients, employees, and investors, in that order. Iyengar also said integration plans should not...
Tech Mahindra Gets Controlling Stake in Satyam
by CXOtoday Staff    Apr 13, 2009
Category : News & Analysis
Tech Mahindra has bought a 31% stake in fraud-hit Satyam (SATYAMCOMP). According to a filing made in the BSE, the company paid Rs. 1,756 crore or Rs 58/share. Tech Mahindra (TECHM) is required to deposit the initial subscription amount and...
THE BIG SALE:Three-horse Race for Satyam
by UTVi Desk    Apr 13, 2009
Category : News & Analysis
Tech Mahindra has submitted its bid for Satyam Computer, Vineet Nayar, Vice Chairman, Managing Director and CEO, said. The bidders will submit their technical and financial bids to the government-appointed board of Satyam Computers  in...
Satyam Computer to Announce Buyer on April 13
by Shuchi Srivastava    Apr 06, 2009
Category : News & Analysis
The final bids for 51% stake in Satyam Computer Services would be submitted on April 13, and the winning bid would be announced on the same day,  Satyam board member Deepak Parekh told UTVi. The board, which provided extra...
Satyam, IT Cos Bid for BSNL's Outsourcing Contract
by CXOtoday Staff    Apr 01, 2009
Category : News & Analysis
Scam-tainted Satyam Computer Services (SATYAMCOMP), which lost out on an earlier BSNL ERP contract due to its inability to produce a Letter of Comfort from any bank, is once again in the race for BSNL's mega outsourcing deal. The contract...
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...
iPolicy to Launch UTM Security Suite in India
by Sonal Desai    Mar 20, 2009
Category : News & Analysis
iPolicy Networks, the security products division of Tech Mahindra, is set to launch a complete portfolio of its unified network security products in India in July 2009. A part of its unified threat management (UTM) framework, the new...
iGate Files 'Conditional' EoI for Satyam Computers
by Manu Sharma    Mar 16, 2009
Category : News & Analysis
After having opted out of the race earlier to acquire Satyam Computers, iGate Corporation has now filed an Expression of Interest (EoI) conditional on the financial statement being made available. The Fremont-headquartered company last...
Satyam: Who can Afford it?
by Dhaval Parekh, UTVi    Mar 12, 2009
Category : News & Analysis
Fraud-hit Satyam Computer Services closes registrations for potential bidders on Thursday, kicking off a process to sell a majority stake in the company caught in the country's biggest corporate scandal.Some firms are likely to put in...
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. ...
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