Satyam

  • Satyam case: Ramalinga Raju appears in court on money-laundering charges 04-04-2014 03:22 PM

    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...
  • Allu Aravind to distribute 'Kaalicharan' 01-11-2013 03:21 PM

    Chennai: Producer-distributor 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...
  • Satyam Choudhary scores 239 to put MP in command against Railways 28-10-2013 07:46 PM

    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...
  • Ranji Trophy: Aparajith, Choudhary crack double tons on day two 28-10-2013 06:32 PM

    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...
  • 13-year-old son of a farmer cracks IIT, now aims to be an IAS officer 19-08-2013 08:00 AM

    Bhojpur: Satyam, the 13-year-old 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 IIT-JEE exam. "I'm very happy that I'm the...
  • Tech Mahindra Q1 net profit up 27 pc at Rs 686.3 crore 12-08-2013 07:44 PM

    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...
  • Mahindra Satyam merges with Tech Mahindra 25-06-2013 01:52 PM

    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,...
  • MSat-Tech Mahindra merger gets AP High Court approval 11-06-2013 08:38 PM

    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...
  • 13-year-old Bihar boy cracks IIT-JEE preliminary exam 08-05-2013 08:45 PM

    Patna: A 13-year-old boy from Bihar has cracked the preliminary examination of the highly competitive Indian Institute of Technology-Joint Entrance Examination (IIT-JEE). 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 12-and-half years,...
  • Proud to be part of 'Kalicharan': Chandini 27-04-2013 07:57 PM

    Chennai: Southern actress Chandini Tamilarasan, who is making her Telugu debut with upcoming action-drama '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...
  • Tech Mahindra shares fall as merger with Satyam delayed 26-03-2013 01:20 PM

    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 long-planned merger between the two had been delayed by an additional six months up to September 30. The companies did not give a reason...
  • Satyam case: Andhra Pradesh HC stays ED order 11-12-2012 12:27 PM

    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 09-11-2012 10:50 AM

    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...
  • MCD Councillor commits suicide after killing daughter 08-11-2012 10:48 AM

    New Delhi: A Delhi Municpal Councillor on Thursday committed suicide after killing her one-and-a-half-year-old 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 four-five years. The police have ruled out honour...
  • Of Vadra's riches and Kejriwal's endless accusations

    Post Mortem |  Brijesh Kalappa
    Even as Kejriwal made his 'startling disclosures' on Reliance controlling the Government, came news from China that Premier Wen Jiabao has accumulated billions from various...

  • Auditing scam in Jagan Reddy's firm 12-11-2011 10:03 AM

    Hyderabad: Kadapa MP Jagan Mohan Reddy's firm Jagathi Publications is under scanner. Value of Jagathi Publications was allegedly overstated by Rs 1,000 crore at Rs 3,500 crore. In what is being called another Satyam-like scam, auditing firm Deloitte reportedly admitted to fudging the accounts of the Kadapa MP Jagan Reddy-owned...
  • Mahindra Satyam Q2 net soars; Euro crisis a worry 10-11-2011 03:08 PM

    Hyderabad: Software services exporter Mahindra Satyam warned on Thursday the euro zone debt crisis could dent demand for outsourcing, after beating estimates with a more than 10-fold jump in its quarterly profit. Europe is the largest market after the United States for India's $ 76 billion information technology industry that...
  • Is Pentamedia an isolated case? 09-11-2011 10:10 PM

    Pentamedia was not just a corporate scam like Satyam, but also a money laundering operation. ...
  • How Pentamedia fooled investors, sold assets 09-11-2011 06:22 PM

    New Delhi: Pentamedia Graphics Limited was once one of India's largest information technology companies. But today, Pentamedia Graphics Limited is "limping" on, with combined revenues of Rs 19 crore, a fraction of the more than Rs 1,000 crore it generated during its heyday. Pentamedia Graphics and its promoters fooled investors...
  • SC grants bail to ex-Satyam CEO Ramalinga Raju 04-11-2011 01:12 PM

    New Delhi: The Supreme Court granted bail to former Satyam CEO B Ramalinga Raju and two others on Friday. Raju has been in jail for two years and eight months. He was arrested in connection with the multi-crore accounting fraud involving Satyam. The apex court had on October 12 granted...
  • Saab India Technology Centre opens in Hyderabad 22-10-2011 01:05 PM

    Hyderabad: Saab India Technologies inaugurated Saab India Technology Centre (SITC), a Research and Development Centre, in partnership with Mahindra Satyam in Hyderabad on Friday. "An initial base of 100 skilled Indian engineers, to be inducted by the close of 2012, will form the backbone of the Centre. The SITC is...
  • Satyam case: SC notice to CBI on Raju's bail 21-10-2011 12:19 PM

    New Delhi: Satyam founder B Ramalinga Raju and his brother B Rama Raju, arrested in connection with the multi-crore accounting fraud involving the IT firm, will have to remain in jail during Diwali as the Supreme Court on Friday refused to give them interim relief saying they have delayed in...
  • Satyam fraud case: SC grants bail to 5 accused 12-10-2011 12:57 PM

    New Delhi: The Supreme Court on Wednesday gave a conditional bail of six months to former Satyam employees G Ramakrishna, D Venkatpathi Raju, Srisailam, Ramalinga Raju's brother B Suryanarayana Raju, Satyam's former MD B Rama Raju and former PricewaterhouseCoopers (PwC) auditor Subramani Gopalakrishnan in the Rs 617 crore income tax...
  • Satyam case: CBI seeks more time to complete trial 18-09-2011 10:42 AM

    New Delhi: Unable to stick to the time frame to complete proceedings in the trial against former Satyam chief B Ramalinga Raju and nine others accused in the multi-crore Satyam accounting fraud case, CBI has approached the Supreme Court seeking more time to complete the task. In an interim application...