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Merger of Mahindra Satyam with Tech Mahindra finally gets clearance

Jun 11, 2013

Merger of Mahindra Satyam with Tech Mahindra finally gets clearance

Last year, Tech Mahindra and Mahindra Satyam announced their intention to merge aming to create a USD 2.4 billion entity. #DealStream #Mahindra Satyam #Tech Mahindra
Bloodbath: Sensex closes down 300 pts on weak rupee; JSPL biggest loser

Jun 11, 2013

Bloodbath: Sensex closes down 300 pts on weak rupee; JSPL biggest loser

The BSE Sensex closed at 19143.00, down 1.53 percent, while the Nifty closed at 5788.80, down 1.52 percent. #Sensex #nifty #Jindal Steel & Power Ltd #ICICI Bank #Mahindra Satyam #MarketClose
Tech Mahindra extends merger with Mah Satyam by 6 months

Mar 26, 2013

Tech Mahindra extends merger with Mah Satyam by 6 months

Tech Mahindra took over reins of the scam-tainted Satyam in April 2009 and rebranded it as Mahindra Satyam. Last year, it had announced the merger of two cos and have secured the mandate of both the boards and shareholders, barring the minority ones #CorporateStrategy #Mahindra Satyam #Tech Mahindra #Merger
Mahindra Satyam acquires majority stake in Brazilian IT firm

Feb 15, 2013

Mahindra Satyam acquires majority stake in Brazilian IT firm

Mahindra Satyam, a software services provider, said it acquired a majority stake in Brazil's Complex IT, a provider of consultancy on the use of SAP AG's business management software, for an undisclosed sum. #Mergers and acquisitions #DealStream #Mahindra Satyam #Brazilian Grand Prix
Mahindra Satyam is being penalised for picking up victim: Gurnani

Jan 24, 2013

Mahindra Satyam is being penalised for picking up victim: Gurnani

India's biggest ever accounting fraud came to the light in January 2009 when Satyam Computer's founder and then Chairman B Ramalinga Raju admitted to having overstated the company's financials by more than USD 1 billion and other wrongdoings at the firm. #TheySaidIt #Mahindra Satyam #WEF 2013 #PC Gurnani