Satyam

  • Inox in talks to buy Satyam Cineplexes June 30, 2014

    New Delhi: Multiplex operator Inox Leisure is in talks with Satyam Cineplexes to buy the Gurgaonbased rival, a move which would expand its foothold further in the film exhibition market in the northern region. According to the sources, Inox is in talks with Satyam Cineplexes to acquire its movie exhibition business. "We...
  • Date of verdict in Satyam case to be announced on July 28 June 26, 2014

    Hyderabad: A special court will announce on July 28 the date of verdict in the case relating to multicrore accounting fraud in erstwhile Satyam Computer Services Limited. The special court, which was to pronounce the date on Thursday, deferred it by over a month. Special Judge B.V.L.N. Chakravarthi of 21st additional chief...
  • Court likely to fix date for Satyam verdict on June 23 June 18, 2014

    New Delhi: The special CBI court here is likely to fix the date for pronouncement of verdict in the case related to accounting fraud in the erstwhile Satyam Computer Services Ltd on June 23. Satyam founder and former chairman B Ramalinga Raju is the prime accused in the case. "The...
  • Satyam case: Ramalinga Raju appears in court on money-laundering charges April 4, 2014

    Satyam Computers founder Ramalinga Raju and another accused appeared before a court in Hyderabad in connection with a prosecution complaint filed by Enforcement Directorate against them for offences under the Prevention of Money Laundering Act (PMLA). The Enforcement Directorate in October last year had file the complaint against Raju and 212...
  • Allu Aravind to distribute 'Kaalicharan' November 1, 2013

    Chennai: Producerdistributor Allu Aravind has got the distribution rights of upcoming Telugu political revenge saga 'Kaalicharan', which is coming out Nov 8 after fighting a legal battle for nearly six months. The film, reportedly, depicts the controversial story of MLA Erra Satyam and its release was stalled after not getting the...
  • Satyam Choudhary scores 239 to put MP in command against Railways October 28, 2013

    Indore: Opener Satyam Choudhary scored an unbeaten 239 to put Madhya Pradesh in command as they posted a mammoth 510 for six declared in their first innings against Railways on day 2 of a Group B Ranji Trophy match in Indore on Monday. Madhya Pradesh then came back to take one...
  • Ranji Trophy: Aparajith, Choudhary crack double tons on day two October 28, 2013

    Indore: Opener Satyam Choudhary scored an unbeaten 239 to put Madhya Pradesh in command as they posted a mammoth 510 for 6 declared in their first innings against Railways on day two of a Group B Ranji Trophy match here on Monday. Madhya Pradesh then came back to take one wicket...
  • 13yearold son of a farmer cracks IIT, now aims to be an IAS officer August 19, 2013

    Bhojpur: Satyam, the 13yearold son of a farmer in Bihar, is the youngest to crack the IIT entrance exam. He now aspires to be an IAS officer. He secured an all India rank of 679 out of 1,50,000 who had taken the IITJEE exam. "I'm very happy that I'm the youngest...
  • Tech Mahindra Q1 net profit up 27 pc at Rs 686.3 crore August 12, 2013

    Software major Tech Mahindra on Monday reported 27 per cent jump in consolidated net profit at Rs 686.3 crore for the quarter ended June 30, 2013, on the back of growth across verticals like manufacturing and media amp; entertainment. The company's net profit stood at Rs 540.5 crore in the same...
  • Mahindra Satyam merges with Tech Mahindra June 25, 2013

    New Delhi: Software firm Mahindra Satyam was on Tuesday 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 the ground to integrate processes, eliminate overlaps, leverage...
  • MSatTech Mahindra merger gets AP High Court approval June 11, 2013

    Hyderabad: The Andhra Pradesh High Court on Tueday approved the merger of Mahindra Satyam (MSat) with Tech Mahindra while dismissing the petitions of some shareholders seeking to stall the proposal in its current form so as to safeguard their financial interest. The Court said, however, that the investigations into the alleged...
  • 13yearold Bihar boy cracks IITJEE preliminary exam May 8, 2013

    Patna: A 13yearold boy from Bihar has cracked the preliminary examination of the highly competitive Indian Institute of TechnologyJoint Entrance Examination (IITJEE). He is the youngest to pass the exam. Satyam Kumar of Bakhorapur village in Bhojpur district qualified for the IIT in 2012 at the age of 12andhalf years, after...
  • Proud to be part of 'Kalicharan': Chandini April 27, 2013

    Chennai: Southern actress Chandini Tamilarasan, who is making her Telugu debut with upcoming actiondrama 'Kalicharan', is proud to be associated with the project. She says she is happy to have bagged such an important role early on in her career. Set in the 1980s, 'Kalicharan' is based on true incidents revolving...
  • Tech Mahindra shares fall as merger with Satyam delayed March 26, 2013

    Mumbai: Shares in Tech Mahindra Ltd fall 1.9 per cent, while Satyam Computer Services Ltd drops 1.6 per cent, a day after the companies said a longplanned merger between the two had been delayed by an additional six months up to September 30. The companies did not give a reason...
  • Companies Bill to prescribe norms for class action suits March 1, 2013

    In January 2009, in what is widely referred to as 'India's Enron', 300,000 shareholders of Satyam Computer Services (now Mahindra Satyam) came together and sued the company. Satyam's founder Ramalinga Raju had confessed to misstating accounts, and the company stock plummeted. The shareholders claimed damages worth Rs 5,000 crore. For...
  • 100 Years of Cinema: History of kissing on screen February 20, 2013

    New Delhi: For almost four decades, Bollywood's only association with intimacy was two nodding dandelions and the camera panning to logs burning in the fireplace. Desire was portrayed through symbolism on the celluloid as filmmakers learned to fear the censor board. But this wasn't always the case in cinema's 100...
  • Mahindra Satyam buys majority stake in Complex IT February 15, 2013

    Banglore: Mahindra Satyam, a software services provider, said it acquired a majority stake in Brazil's Complex IT, a provider of consultancy on the use of SAP AG's business management software, for an undisclosed sum. Tech Mahindra, Satyam's parent company, is looking to make acquisitions to add capabilities and customers. The company...
  • Satyam exdirectors win ruling in US classaction suit January 3, 2013

    New York: A US federal judge dismissed claims against seven former directors of Satyam Computer Services Ltd in shareholder lawsuits stemming from the massive fraud at the heart of India's largest corporate scandal. US District Judge Barbara Jones in New York ruled on Wednesday the lawsuits failed to allege that...
  • Telugu movie 'Mirchi' is ready for a February release December 24, 2012

    Actor Prabhas, Anushka and Richa Gangopadhyay are playing the lead in the movie named 'Mirchi' produced by V Vamsikrishna Reddy and Pramod under the banner of UV Creations introducing Koratala Siva as it's director. He had completed its shooting recently and is presently busy in post production activities. Composer Devisri Prasad scored...
  • Ranji Trophy, Group A, Round 8, Day 2: MP reach 191 for 5 against Mumbai December 23, 2012

    Indore: Young Satyam Choudhary remained unbeaten on 73 as Madhya Pradesh reached 191 for five in reply to Mumbai's first innings score of 304 in a Ranji Trophy group league encounter at the Holkar Stadium here on Sunday. Satyam and former India colts player Harpreet Singh (26 batting, 5x4) added 37...
  • Satyam case: Andhra Pradesh HC stays ED order December 11, 2012

    Hyderabad: The Andhra Pradesh High Court on Tuesday stayed a provisional order of Enforcement Directorate attaching Rs 822 crore deposit belonging to Mahindra Satyam in a money laundering case involving former Satyam Chairman B Ramalinga Raju and others. Justice P V Sanjay Kumar also stayed the notice issued by the...
  • MCD Councillor death case: Husband arrested November 9, 2012

    New Delhi: Delhi Police on Friday arrested the husband of Delhi Municipal Councillor Satyam Yadav who committed suicide on Thursday. Yadav's husband Pawan has been arrested under charges of 498A, 304B which pertain to domestic violence and dowry death. The police said that a few other members of his family have...
  • MCD Councillor commits suicide after killing daughter November 8, 2012

    New Delhi: A Delhi Municpal Councillor on Thursday committed suicide after killing her oneandahalfyearold daughter in Nangloi. The reason why MCD Councillor from Congress Satyam Yadav killed Vanshika is still unclear. Vanshika had been married in a Yadav family for the last fourfive years. The police have ruled out honour killing...
  • ED attaches Satyam founder's property worth Rs 822 cr October 18, 2012

    New Delhi: There is more trouble for Ramalinga Raju, the founder of Satyam. The Enforcement Directorate has attached the properties of Raju that are valued at Rs 822 crore. Raju is out on bail in the Rs 5000crore Satyam scam. In 2009, Raju admitted to an accounting scam and falsifying...
  • Delhi: Man sells TV to pay Rs 4500 electricity bill October 10, 2012

    New Delhi: The man whose power connection was reconnected by anti-corruption activist Arvind Kejriwal bowed to the law after he sold off his television set to take a loan and pay his bill dues. Roshan Sharma said, "My family and I were being harassed. So I sold our TV and...
  • Kejriwal, supporters burn power bills in Delhi October 7, 2012

    New Delhi: In his run-up to the Delhi Assembly elections, anti-corruption activist Arvind Kejriwal took on the Delhi government on Sunday, burning electricity bills, which he said were inflated, in Satyam Puram area of Jharoda Kalan. It is an unauthorised colony where Kailash Sharma, a middle aged shop keeper died...
  • Delhi Satyam-Liberty blasts accused plead guilty August 30, 2012

    New Delhi: Babbar Khalsa International leader Jagtar Singh and four others have pleaded guilty before a Delhi court in the 2005 Satyam and Liberty cinema halls blast case. The blast at the movie theatres in the national capital had taken place on May 22, 2005. The bombs were triggered by crude...
  • Mahindra Satyam shares surge after earnings August 4, 2012

    Mumbai: Shares of Mahindra Satyam on Friday soared about 10 per cent following its posting over 56 per cent jump in net profit for the quarter ended June 30. Boosted by the robust earnings, shares of the company opened firm and as the trade progressed it surged 9.8 per cent to...
  • Erstwhile Satyam officer fined Rs 5 lakh by SEBI August 1, 2012

    Mumbai: The SEBI has imposed a Rs 5 lakh fine on the erstwhile Satyam Computer's compliance officer G Jayaraman for failing in his duty to avoid insider trading in the company's shares in December 2008 - days before a major corporate scam broke out at the IT firm. Jayaraman's role came...
  • 12-year-old Bihar boy cracks IIT-JEE May 19, 2012

    Patna: A 12-and-a-half-year-old boy from Bihar has cracked the highly competitive Indian Institute of Technology-Joint Entrance Examination (IIT-JEE). Satyam Kumar of Bakhorapur village in Bhojpur district qualified from the Mumbai zone with an all-India rank of 8,137. "I am happy to crack IIT-JEE but I will not join IIT this year...