Mahindra Satyam News

Software firm Mahindra Satyam was today formally merged with its parent Tech Mahindra to create the country's fifth largest software services firm. "Over the past 4 years we worked through the statutory and legal issues, our teams worked closely on ...

Mahindra Satyam has entered into a confidential settlement agreement claims brought in the Commercial Court in London by Aberdeen Global and twenty-two other funds managed by Aberdeen Asset Management PLC and/or its subsidiaries. "The Claims included certain allegations of fraudulent ...

The shares of the Mahindra Satyam surged on Friday after company posted impressive set of Q1 numbers. Mahindra Satyam, a consulting and IT services provider, reported a rise in net profit of 56% year-on-year to Rs 352 crore, for the ...

Investors continue to give a “thumb up” to the Mahindra Satyam Tech Mahindra merger with both the stocks continuing to find buyers even at higher levels. Despite the markets tanking today, both the stocks were up dramatically on expectations that the ...

The shares of the Mahindra Satyam rose on the news of the acquisition of BPO firm vCustomer’s International operations for $27Mn. The shares of the company on Friday at 11.45 am IST, were seen trading at Rs 67.60 up Rs1.95 on ...

The scrip of Mahindra Satyam advanced on the Bombay Stock Exchange (BSE) after the news floated by Economic Times (ET) on Tuesday that the two wings of Mahindra & Mahindra (M&M) – Mahindra Satyam and Tech Mahindra are close to appointing ...

Mahindra Satyam, the IT consulting and outsourcing firm received a tax demand of Rs 2,113.42 crore from Income-tax department on Monday for two assessment years 2002-03 and 2007-08, the company mentioned in a filing to the BSE. Responding to the ...