Mahindra Satyam Q4 IGAAP Profit Dips

A long-planned merger between Tech Mahindra Ltd and Satyam Computer Services has been delayed by an additional six months that is up to September 30.

Satyam Computer Services Ltd has informed BSE regarding a Press Release dated April 17, 2013, titled

Satyam Computer Services Ltd on Thursday accused its former chairman B. Ramalinga Raju and his relatives of trying to scuttle its proposed merger with Tech Mahindra Ltd, using Infrastructure Leasing and Financial Services Ltd (IL&FS) as a front.

Satyam Computer Services Ltd. (SCS), the subject of India's biggest corporate fraud, is luring investors including Nordea Bank AB and BNP Paribas SA with the highest return on equity among Asia's 20 largest software developers. The gauge, which ...

TechNavio's analysts forecast the Global Engineering Service Outsourcing (ESO) market to grow at a CAGR of 25.78 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for cost reduction. The Global ...

(TendersInfo (India) Via Acquire Media NewsEdge) Chennai-based Polaris Financial Technology is said to have met engineering and construction group L&T and India's third leading technology services exporter Wipro to see their interest in acquiring ...

Hyderabad, Apr 17 (PTI) Lawyers of creditors and minority shareholders today raised objections with regard to Mahindra Satyam-Tech Mahindra merger proposal in the current form before the Andhra Pradesh High Court.The creditors and minority ...

The official liquidator of the Andhra Pradesh high court on Friday conveyed its objections to the scheme of amalgamation of information technology firms Mahindra Satyam and Tech Mahindra Ltd as investigations by various agencies are under way in the ...

Industry : Technology Category : Mergers & Acquisitions Polaris Financial Technology, a leading financial technology company headquartered in Chennai has approached L&T Infotech and Wipro to sell their services business. Citi, holding about 20% ...