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Anand Mahindra, top bosses apologise as employee told to quit within 24 hours
Fp Staff •Mahindra Groups's Chairman Anand Mahindra Friday tendered a public apology over the manner in which an employee of Tech Mahindra was asked to quit
Tech Mahindra Announces Change In Leadership
Fp Archives •Sanjay Kalra, CEO, Tech Mahindra has decided to leave the company to pursue other interests from September 15, 2010.
Land, labour reforms key for manufacturing boost: Hero MotoCorp Chairman Pawan Munjal
•Confident that the next 25 years will belong to India, Hero MotoCorp Chairman Pawan Munjal today said land and labour reforms are "very important" to boost the country's manufacturing sector.
Mahindra Satyam soars on swinging into Rs 534 cr profit
Fp Archives •Mahindra Satyam on Thursday reported a consolidated net profit of Rs 534.21 crore for the quarter ended March 2012, compared to a net loss of Rs 326.98 crore in the corresponding quarter last year.
Mah Satyam to challenge ED order attaching Rs 822 cr FDs
Fp Archives •The ED had attached the funds as part of its investigation into the accounting scam allegedly purported by Satyam's founder B Ramalinga Raju. Scandal-hit Satyam was acquired by Tech Mahindra and renamed it as Mahindra Satyam in 2009.
Mahindra Satyam Q4 profit at Rs 534 cr on higher revenues
Fp Archives •Revenues in the reported fiscal stood at Rs 6,395.6 crore, up 24.3 percent from Rs 5,145.1 crore in FY'11.
Mahindra Satyam, Tech Mahindra merger to take 8-9 months
Fp Archives •The merger is expected to make the new entity India's fifth-largest IT company.
Tech Mahindra-Satyam aims at 10,000 new hires this year
Fp Archives •The combined entity resulting from the merger of Tech Mahindra Ltd and Satyam Computer Services Ltd may hire as many as 10,000 new employees in the current fiscal year, said Vineet Nayyar, CEO of Tech Mahindra.
Why investors should be suing Mahindra Satyam, auditors
Jagannathan •The sudden flurry of court cases filed by Mahindra Satyam and auditors PW has an air of unreality about it. It is the shareholders who should sue both.
Satyam sues former directors, Price Waterhouse for fraud
Fp Archives •In January 2009, Satyam founder chairman B Ramalinga Raju had admitted to the accounting fraud at the IT firm.