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Goldman starts Tech Mahindra, Satyam with 'buy' ratings

Mar 29, 2013    

Reuters Market Eye - Tech Mahindra Ltd (TEML.NS) shares gain over 2 percent and Satyam Computer Services Ltd (SATY.NS) rises around 1 percent after Goldman Sachs initiates coverage of both companies with "buy" ratings.Goldman says the planned merger between the two companies would create the fifth largest Indian IT offshoring company by revenue, offering "adequate scale to target ...

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