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 on Thursday reported a 32.81 per cent rise in net profit at Rs 250.72 crore
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.
The colsolidated net profit of the company was down by 8 per cent.
Satyam Computer Services announced on Wednesday that it added 27 new clients in the quarter ended September 30, 2003.
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.
Following the order, Raju and others are likely to move the high court.
IT shares were witness to broad-based selling in early trades as a strengthening rupee indicates lower revenues for these companies.\n\n
The market recovered on Monday due to bargain hunting in tech stocks. \n\n\n\n
Satyam Computer had the market whistling on Friday as rumours were rife on the counter that it was in the process of bagging a $10-million order from global development financier, the World Bank.
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.
Tech stocks zoomed in the special trading session on Saturday on huge buying support.
Satyam Computer said on Thursday it expects earnings per share of Rs 14.57 to Rs 14.66 for the full year ending March 31, 2003.
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
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tech stocks were spurred on today by the firm U.S. markets and bargain hunting.
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
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.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
Special court will announce judgement in Satyam case on Dec 23.
Raju and his brother B Rama Raju were told to furnish personal bonds of Rs 100,000 each
This is one of the major corporate frauds in the country.
Going by the provisions of the new company law, the responsibility and accountability equation for independent directors has seen a major change.
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.
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
The Sensex took less than two years to rally from the 10,000-mark it first hit in February 2006 to double that on that New Year's Eve.
The incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
On the basis of the complaint filed by Leena Mangat, the CB-CID had filed an FIR on Jan 9, 2009.
NEDICT has also got in touch with companies, which will be limited to the role of 'donors'.
A bench headed by Chief Justice P Sathasivam said the issues raised in the plea need 'examination' and issued notice to the Centre, RBI, Central Board of Direct Taxes, the Institute of Chartered Accountants of India, PwC and the audit firms sharing its brand name.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances