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| Tech M now has 42% stake in Satyam | 02-JUL-09 |
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| On the conclusion of the mandatory open offer to shareholders of Satyam Computers, the new owner, Tech Mahindra, has a little over 42 per cent stake in the company, as against the original plan of acquiring a total of 51 per cent of the equity. |
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| Satyam renamed as Mahindra Satyam | 22-JUN-09 |
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| After two days of deliberations on a road map for fraud-hit Satyam Computer Services at the firm’s ‘Leadership Meet’ that concluded here today, Tech Mahindra, the new owners, have given the IT company a new brand identity — Mahindra Satyam. |
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| Satyam recalls 400 associates from Virtual Pool programme | 20-JUN-09 |
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| Just a week after announcing the Virtual Pool programme (VPP), a one-time initiative aimed at addressing ‘non-billable’ staff costs while retaining talent within the company on June 11, fraud-hit Satyam Computer has recalled about 400 associates (as they are referred to by the company) to engage them in the new business contracts that it has won. |
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| Will not hike Satyam offer price: Tech Mahindra | 11-JUN-09 |
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| In the face of surge in stock prices of Satyam to about Rs 81 a share on the eve of the open offer for beleaguered company, its new owner Tech Mahindra today said it will not hike the offer price. |
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| Tech Mahindra not to retrench Satyam employees | 11-JUN-09 |
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| All the 10,000 surplus employees of Satyam Computer, who feared unemployment, can breathe easy now as the company's new owner Tech Mahindra today said there will be "no retrenchment". |
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| Tech Mahindra shortlists 3 for Satyam's CFO post | 27-MAY-09 |
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| Tech Mahindra, the new owner of Satyam Computer Services, is understood to have shortlisted three names for the post of chief financial officer (CFO) at Satyam, which is yet to restate its accounts. |
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| Tech M to announce open offer for Satyam today | 21-APR-09 |
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| Tech Mahindra, which deposited the money for the acquisition of Satyam Computer Services Limited, will announce the mandatory public offer for a 20 per cent stake in the beleaguered IT firm on Tuesday. |
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| Newsmaker: Vineet Nayyar | 17-APR-09 |
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| The man behind one of the biggest M&A deals in India’s information technology space isn’t a conventional techie. In fact, he started his software career pretty late in life — at an age most of India’s IT gurus consider suitable only for writing memoirs or mentoring. |
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| CLB approves Tech M bid | 17-APR-09 |
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| The Company Law Board (CLB) today completed the formality of approving the induction of Venturbay, a subsidiary of Tech Mahindra, as the strategic investor to acquire a 31 per cent stake in Satyam Computer Services and asked it to deposit Rs 1,756 crore for the deal by April 21 in a designated account. |
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