News tagged with satyam

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India fraud office to prosecute Satyam founder

Technology / Business

created Nov 16, 2009 | popularity 4.3 / 5 (3) | comments 0

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.


Tech Mahindra's bid for India's Satyam approved

Technology / Business

created Apr 16, 2009 | popularity 5 / 5 (1) | comments 0

India's Company Law Board on Thursday approved a bid from mid-sized outsourcing firm Tech Mahindra to take over graft-tainted Satyam Computer Services, an official said.


Chairman of Tech Mahindra, Anand Mahindra speaks at a press conference in Mumbai

India's Tech Mahindra trumps rivals to win Satyam

Technology / Business

created Apr 13, 2009 | popularity not rated yet | comments 0

India's Tech Mahindra won the bidding Monday for Satyam Computer Services in a sale aimed at giving the fraud-rocked outsourcing giant vital capital and a new beginning.


The board of India's Satyam Computer Services met to review a list of bidders

Third bidder joins race for Satyam

Technology / Business

created Mar 21, 2009 | popularity not rated yet | comments 0

The board of India's Satyam Computer Services met Saturday to review a list of bidders for the fraud-hit outsourcer as a third company announced it had joined the race.


Kiran Karnik (2ndL), newly appointed chairman of Indian IT giant Satyam Computers

Satyam gets 'adequate bid response'

Technology / Business

created Mar 14, 2009 | popularity 3 / 5 (2) | comments 0

The board of swindled Indian outsourcing giant Satyam said it has received an "adequate response" to its invitation for bids, as a newspaper said Saturday that IBM had joined the race.


Indian software company Satyam's headquarters in Hyderabad

Fraud-hit Satyam gets nod for 51 pct stake sale

Technology / Business

created Mar 06, 2009 | popularity 1 / 5 (1) | comments 0

Fraud-hit Indian outsourcing firm Satyam on Friday said it had been given the green light to open a global bidding process to sell off a 51 percent stake in the company.