Satyam Computer Services News

New York, Nov 10 Satyam Computer Services Ltd., the company at the centre of India's biggest corporate-fraud inquiry, said U.S. lawsuits filed against it should be dismissed because its home country is the proper place for the litigation.

Hyderabad: Global consulting and IT services provider Mahindra Satyam, the new brand identity of Satyam Computer Services Ltd, today announced the appointment of Sudhir Nair as senior vice president and head of infrastructure services, based in Bangalore.

Sanjay Dutt preps for his next flick Hollywood style ... [ Mahiram.com>> MOVIES ] Sohail continues, "When Joey and Silvio came down to Pune, they wanted Sanju to rehearse his action scenes for two days before starting the actual shoot." Dutt, who has lost 24 kilos on his keratosis diet, is off it and is now on a steady dose of steamed chicken, fish ...

IT major Mahindra Satyam today said it has appointed Hari Narayanan as head of new business development in Japan.

Jaiprakash Associates surged more than 9%. Tata Consultancy and Satyam Computer Services gained on the win of outsourcing contracts in Europe.

Press Trust of India Posted: Thursday, Nov 05, 2009 at 2346 hrs IST Updated: Thursday, Nov 05, 2009 at 2346 hrs IST New Delhi: Accounting regulator ICAI on Wednesday agreed to withdraw disciplinary proceedings against audit firm Price Waterhouse Delhi for its alleged involvement in the multi-crore scam in Satyam Computer Services.

PricewaterhouseCoopers, the city-based audit firm Wednesday approached the Delhi High Court seeking quashing of proceedings initiated by the government following the Rs.78,000-crore Satyam scam.

'Within the company law framework, we don't have a system of compensation ... this is the major lacuna we are trying to address in the Bill ,' corporate affairs minister Salman Khurshid said on Wednesday.

NEW DELHI: A CBI team has left for Mauritius and the United States to probe alleged diversion of funds by disgraced Satyam founder B Ramalinga Raju to these countries.

Crisis-hit Maytas Infra on Monday said the Company Law Board has given time to the company to report its accounts for the quarter ending September by 31 December.

BANGALORE: The mini-ratna company BEML, which was accused in the Comptroller of Auditor Generala s report 2009-10, of a oeinflating salesa - something similar to what former Satyam chairman Ramalinga Raju did, has denied charges stating that it has adhered to all of the companies accounting policies and standards.

India is more than an emerging economy . Mumbai and Bangalore, together, may be the world's next alternative to Silicon Valley.

Top officials of the Central Bureau of Investigation are in Mauritius as part of the investigation into the multi-crore Satyam scam, which its founder B Ramalinga Raju confessed to in January.

Suggests settlement initiated by Sebi. Audit company Price Waterhouse has decided to pursue consent proceedings with the Securities and Exchange Board of India to settle the Satyam audit case under the Fraudulent and Unfair Trade Practices norms.

Hyderabad, Oct 21 : Mahindra Satyam, the new brand identity of Satyam Computer Services Limited, a leading global consulting and IT services provider, today announced that it has secured many contracts in the MENA region, totalling to AED 30 million in the second quarter of FY 09-10. This follows the recent launch of its new corporate identity, ...

HYDERABAD: A division bench of the High court, consisting of Justice DSR Varma and Justice Reddy Kanta Rao, today dismissed as infructuous a writ petition filed against former chief minister YS Rajasekhara Reddy for his alleged involvement in the Idupulapaya land controversy.

Mahindra Satyam, the post-acquisition avatar of scam-hit Satyam Computer Services, has initiated talks with the NYSE after New York Stock Exchange Regulation Inc wrote to the company stating that it would be included in the 'late filers' list on 22 October.

Anil Kumar, charged with other executives over the biggest hedge fund insider-trading scheme, has sought leave from the board of a top Indian business school that he helped set up.

The government has formed a committee with representations from market regulator Sebi, CBI and Enforcement Directorate to expedite investigation in the over Rs 10,000-crore accounting scam in IT firm Satyam Computer.

There has been a lot of discussion recently on the impact of the judgment of the Supreme Court of India in the case of Venture Global Engineering Vs.