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L&T's Satyam share sale pulls down scrip14-NOV-09
Larsen & Toubro (L&T) has sold a third of its holding in Mahindra Satyam, or 27.24 million shares, for Rs 306.54 crore, taking the software company’s share price down by 6.6 per cent, the biggest fall in five months.
L&T sells 2.32% in Satyam for Rs 306 cr13-NOV-09
Larsen & Toubro (L&T), one of the failed suitors for scam-hit Satyam Computer, today sold 2.32 per cent stake in the IT company (now Mahindra Satyam) for over Rs 306 crore, exactly a month after the lock-in perid on sale of its holding ended.
Mahindra Satyam down 7% on L&T's stake sale13-NOV-09
Mahindra Satyam slipped to a low of Rs 109 and finally ended at Rs 110, down around 7%. The counter witnessed trades of 46.44 million shares on the BSE as compared to the two-week daily average traded volumes of 7.23 million shares.
Mahindra Satyam gains 4%05-NOV-09
The stock jumped 4.24 per cent to Rs 103.15 after Mahindra Satyam won an IT outsourcing contract from Swedish defence and aerospace firm, Saab.
Defence tie-up boosts Mahindra Satyam04-NOV-09
The stock managed to add more gains and touched a high of Rs 105. The stock finally ended with a 4.3% gain at Rs 103. Over 3.62 million shares changed hands at the counter today.
Mahindra Satyam ties up with defence firm Saab04-NOV-09
Mahindra Satyam today announced its plans to collaborate with defence and security company Saab to develop its operations in India for the global defence and homeland security market.
Mahindra Satyam to collaborate with Saab03-NOV-09
Mahindra Satyam today announced it plans to collaborate with defence and security company Saab to develop its operations in India for the global defense and homeland security market.
Mahindra Satyam appoints Vadrevu for strategic initiatives30-OCT-09
Mahindra Satyam, the rebranded Satyam Computer Services, on Thursday announced the appointment of Vijayanand Vadrevu as the senior vice president – strategic initiatives.
US markets end weak; Mahindra Satyam plunges 9%27-OCT-09
US markets fell for a second straight session on Monday as investors ditched home builders and financials on fears lawmakers may let a federal home buyer tax credit expire, while commodity shares was under the pressure from the higher U.S. dollar.
Mahindra Satyam to position itself as ICT company27-OCT-09
Mahindra Satyam, the rebranded Satyam Computer Services, is set to position itself as an information and communication technologies (ICT) company.
US markets end +ve; Mahindra Satyam ADR plunges 8%23-OCT-09
US markets advanced on Thursday after quarterly results from insurer Travelers and regional bank PNC Financial gave a boost to financial stocks.
Indian cities still hot for outsourcing22-OCT-09
Reconfirming the fact that Indian cities are the most preferred destination for outsourcing, six Indian cities — Bangalore, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — figure among the eight top global destinations for outsourcing of services along with Manila and Ireland’s Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey.
CLB allows Satyam to finalise accounts for 2008-0916-OCT-09
The Company Law Board (CLB) today allowed Satyam Computer (now Mahindra Satyam) to finalise accounts for 2008-2009 and also adjust past irregularities.
Mahindra Satyam in global pact with US firm09-OCT-09
IT outsourcing company Mahindra Satyam has entered into a global alliance partnership with Vision Solutions, a US-based provider of IBM Power high availability (HA), disaster recovery (DR) and transformation solutions.
L&T too wipes out morning gains07-OCT-09
The stock slipped to a low of Rs 1,670 after touching a high of Rs 1,725. However it ended flat at Rs 1,677 with trades of around 692,210 shares on the BSE today.
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