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Mah Satyam to repay funds of Geelong project19-NOV-09
Mahindra Satyam is reportedly on the verge of finalising a deal to payback an undisclosed sum to the Victorian government following the collapse of a $75 million IT project in Geelong.
Satyam gets notices for Rs 1,230 cr worth claims17-NOV-09
Mahindra Satyam today said it has received legal notices for claims totalling Rs 1,230.40 crore from as many as 37 companies, to whom it has replied terming these claims as "legally untenable".
Mahindra Satyam to explore New Zealand market with Gen-i17-NOV-09
“We have been providing Windows 7 migration services to our internal customers across all the geographies. This strategic alliance with the local partner Gen-i will allow us to explore opportunities in the New Zealand market more efficiently,” a Satyam spokesperson told Business Standard.
Mahindra Satyam joins Symbian Foundation16-NOV-09
Mahindra Satyam announced today that it has joined the Symbian Foundation, which, together with its ecosystem, is creating an open and complete mobile software platform.
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 to reposition itself as ICT firm10-NOV-09
Moving away from the shadow of Satyam scam, software exporter Mahindra Satyam today said the company would be repositioned as a complete Information and Communications Technology (ICT) firm from just an IT outsourcing player.
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.
Have a windfall, use it wisely05-NOV-09
With the economy and stock market beginning to show signs of recovery, things have turned for the better for employees. Many companies, who had either slashed jobs or salaries, are beginning to recruit and reinstate salaries. In fact, some have even announced bonuses.
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.
Hari Narayanan to head Satyam's biz dev in Japan04-NOV-09
IT major Mahindra Satyam today said it has appointed Hari Narayanan as head of new business development in Japan.
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 partners with Saab for defence solutions03-NOV-09
IT firm Mahindra Satyam today said it will collaborate with Swedish defence firm Saab to develop applications and technology in India for the defence and 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.
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