Authority upholds ICAI order against 2 Satyam auditors

Last Updated: Sunday, October 28, 2012, 15:02

The founder chairman of Satyam Computer B Ramalinga Raju had fudged the company's accounts to the tune of more than Rs 6,000 crore over a period of nine years starting from 2000.

Former customers coming backs to us, says Mahindra Satyam

Last Updated: Wednesday, August 15, 2012, 11:37

Satisfied with its three-year transformation journey from the once scam-hit Satyam Computer, Mahindra Satyam has said the customers who had left it during uncertain times are returning back to its fold.

SEBI imposes Rs 5-lakh fine on erstwhile Satyam officer

Last Updated: Wednesday, August 1, 2012, 23:24

Jayaraman's role came to the light during market regulator SEBI's investigations into the Satyam scam, which came to light during the financial year 2008-09, SEBI said in an order dated July 27, which was made public Wednesday.

Mahindra Satyam set to revive Nagpur SEZ

Last Updated: Tuesday, May 15, 2012, 14:18

Mahindra Satyam, formerly Satyam Computer Service, is set to revive plans for setting up a facility in Mihan (Multi-modal International Cargo Hub and Airport) SEZ at Nagpur.

Tech Mahindra, Satyam may hire 10,000 new staff

Last Updated: Tuesday, April 10, 2012, 18:42

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.

Tech Mahindra-Satyam aims to cap operating margin for investment

Last Updated: Wednesday, March 28, 2012, 12:50

The company formed by the merger of Tech Mahindra Ltd and Satyam Computer Services Ltd is aiming to cap operating profit margin in a band of 17 percent-19 percent over the next two years, as it invests to capture a greater share of the global outsourcing market.

ICAI bars tainted Satyam ex-CFO, PW auditor from practice

Last Updated: Monday, February 13, 2012, 22:00

Accounting regulator ICAI on Monday barred the ex-CFO of the erstwhile Satyam Computer Services, Srinivas Talluri, and former Pricewaterhouse auditor Vadlamani Srinivas from practice for life, while slapping a Rs 5 lakh penalty on them over the Rs 14,000 crore fraud at the IT firm.

SEBI imposes fine of Rs 5 lakh on Satyam Officer

Last Updated: Tuesday, November 29, 2011, 22:11

Regulator SEBI Tuesday imposed a penalty of Rs 5 lakh on G Jayaraman, Compliance Officer of the erstwhile Satyam Computer Services Ltd for his failure to adhere to market regulations.

Satyam scamster Raju released from jail

Last Updated: Saturday, November 5, 2011, 18:43

Satyam Computer Services Ltd founder B. Ramalinga Raju, the prime accused in India’s biggest case of corporate fraud was on Saturday released from Hyderabad’s Chanchalguda central jail. He came out on bail after spending two years and eight months behind the bars.

Mahindra sets sight on global footprint

Last Updated: Friday, October 14, 2011, 13:39

In fiscal year 2011, Mahindra turned a profit of nearly USD 700 million on revenue of USD 8.7 billion.

Mahindra Satyam gets US court approval for class-action settlement

Last Updated: Thursday, September 15, 2011, 23:00

IT company Mahindra Satyam Thursday said a US court has approved the company's USD 125 million class action settlement with a group of shareholders.

Satyam case: AP HC dismisses bail pleas of Raju, seven others

Last Updated: Tuesday, August 30, 2011, 12:39

The Andhra Pradesh High Court today dismissed the bail petitions of B Ramalinga Raju and seven other accused in the multi-crore Satyam Computer accounting fraud.