Satyam, which started its Chennai operations in 1997 with exports of Rs 20 million, now has six offices in the city with about 3,500 employees and exports of Rs 154 crore (Rs 1.54 billion) in the year ended March 2004.
Satyam Computer Services has reported a 32.4% in consolidated net profit at Rs 176.86 crore
Satyam Computer Services Ltd on Thursday reported a 32.81 per cent rise in net profit at Rs 250.72 crore
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
Satyam Computer Services Ltd, India's fourth-largest software company, plans to hire more Chinese engineers and programmers to expand its business of writing computer software for clients in China and Japan.\n\n\n\n
The colsolidated net profit of the company was down by 8 per cent.
Xansa, a leading computer services group, will double its staff in India to 4,000 over the next one year after closing its loss-making businesses in the US and Europe, its chief executive Alistair Cox has said.
The assessed value of property owned by International Business Machines Corp. in California's Silicon Valley fell $282 million last year, making the computer services giant the hardest-hit landlord in a collapsing real-estate market
Satyam Computer Services' consolidated net profit under Indian GAAP has surged 39 per cent to Rs 711.64 crore (Rs 7.1164 billion) for the year ended March 31, 2005 as compared to Rs 513.38 crore (Rs 5.1338 billion) for the year ended March 31, 2004.
Satyam Computer Services is targeting a 35-40 per cent growth in its revenue from packaged software implementation this fiscal, especially from SAP services.\n\n\n\n
Satyam Computer Services, India's fourth largest software services exporter, reported a quarterly profit of Rs 116 crore (Rs 1.16 billion) on Thursday.\n\n\n\n
Satyam Computer Services Ltd, said on Monday it will buy out the 24 per cent stake held by Northrop Grumman Space and Mission Systems Corp, formerly known as TRW Inc, in a joint venture, for $3.5 million.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
Satyam Computer Services announced on Wednesday that it added 27 new clients in the quarter ended September 30, 2003.
Microsoft on Tuesday said it will offer commercial cloud services from local data centres in India by 2015 as the tech giant gears for competition for the estimated $2 trillion domestic market opportunity from rival firms like Google and IBM.
Satyam Computer Services, India's fourth-largest software services exporter, said on Thursday quarterly profit fell 2.2 per cent, below market expectations
Satyam Computer Services Ltd has posted a net profit of Rs 121.49 crore for the quarter ended June 30, 2003 as compared to Rs 108.44 crore for the quarter ended June 30, 2002.
Special court will announce judgement in Satyam case on Dec 23.
Satyam Computer Services Ltd was beset by selling as a drop in Q3 net profit set concerns about the entire tech sector.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
Nadella's journey, from being a Hyderabad boy to possibly helming one of the world's biggest technology companies is what dreams are made of.
Satyam Computer Services has reported a 25 per cent increase in net profit at Rs 147.59 crore (Rs 1.48 billion) for the second quarter ended September 30, 2003
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
This is one of the major corporate frauds in the country.
Earlier, the Scheme of Amalgamation and Arrangement was approved by the High Courts of Andhra Pradesh and Mumbai. The company then had launched Tech Mahindra as the brand identity of the merged entity.
It is ranked 7th on the list of world's top-10 consumer finance firms
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
Raju pleaded for leniency citing his philanthropic activities.
On February 17, 2009, Satyam case was handed over to CBI.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
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