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Satyam Computer Services
Satyam looking out to buy something big
Posted by :
9975797577Tracked by: 0 Boarder
Taking cue from its bigger rivals, Satyam Computer Services Ltd, country\'s fourth largest software exporter, now plans to also buy large companies rather than just focussing on acquiring niche small buyouts. The issue has to be deliberated at the management level and we will take a decision on a change in our acquisition strategy in a couple of months. Satyam will now weigh the merits of switching from a \"string-of-pearls\" acquisition strategy involving niche small buy-outs to big ticket ones. ...
SATYAM COMPUTER Is on course to review its acquisition strategy to do only
Posted by : 9975797577Tracked by: 0 Boarder
SATYAM COMPUTER Is on course to review its acquisition strategy to do only
big acquisitions instead of small ones.
...
Satyam Delays Appraisal & Salary Revision
Posted by : GuestTracked by: 0 Boarder
ur right my friend,
i also notieced, it preferes to cut apprisals when ever a possible dip in quartely profits, just to show good profit in books. more concentration in maytas now...
In reply to:
Satyam Delays Appraisal & Salary Revision
Posted by : Guest
Few months back I was proud to be called Satyamite… now no more.
I was disparately waiting for the annual appraisal in month of July08, as it was circulated that on 30th June we would get the letter. Due to some unknown reason its postponed to 10th Aug08 (according to EA HR it was 10th Aug and 15th Aug according to SAP HR) and then later last week of Aug08. Now SAP HR has circulated the mail that letter will be given in month of Sep08 and payment would be done in Oct08.
Dear Raju, above thing shows how is the communication gap you have with you and your bunch of monkeys. I have totally lost the faith and trust in this organization and the management. The most awaited event for associates for their hard and sincere work after a year…..is their APPRISAL. You are playing with emotions of 35,000 associates and fooling their family by sending false mail and fake tentative dates.
As I have watched you and your team in all quarter results in television, it was said the best among the all IT companies. And you have said the Satyam growth is always intact with your guidelines. If you said was correct then what is the disaster happened that you are not able to give any final date about the appraisal and misleading all Associates.
All recognized IT companies in India have already given/announced the appraisals to their employees, what is the problem with you that even you can not give a final date (even it could be 31st October 08). Once 2 years back I attended induction program, there it was said that Satyam has plan to list in top 5 in Indian IT companies within years. It seems to me it will remain your sleeping dream only forever, if you do not make such things more transparent.
Do you think that by waiting another 2-3 months, some miracle will happen in Globe so that you will start making even more profit? You are waiting for what??? According to me you are just spoiling the faith and trust of all Satyam Associates for the sake of interest money of the appraisal.
Few months back I was proud to be called Satyamite… now no more.
Raju, Shame on you for making me loose my faith in this organization.
Satyam Delays Appraisal & Salary Revision
Posted by : GuestTracked by: 0 Boarder
Few months back I was proud to be called Satyamite… now no more.
I was disparately waiting for the annual appraisal in month of July08, as it was circulated that on 30th June we would get the letter. Due to some unknown reason its postponed to 10th Aug08 (according to EA HR it was 10th Aug and 15th Aug according to SAP HR) and then later last week of Aug08. Now SAP HR has circulated the mail that letter will be given in month of Sep08 and payment would be done in Oct08.
Dear Raju, above thing shows how is the communication gap you have with you and your bunch of monkeys. I have totally lost the faith and trust in this organization and the management. The most awaited event for associates for their hard and sincere work after a year…..is their APPRISAL. You are playing with emotions of 35,000 associates and fooling their family by sending false mail and fake tentative dates.
As I have watched you and your team in all quarter results in television, it was said the best among the all IT companies. And you have said the Satyam growth is always intact with your guidelines. If you said was correct then what is the disaster happened that you are not able to give any final date about the appraisal and misleading all Associates.
All recognized IT companies in India have already given/announced the appraisals to their employees, what is the problem with you that even you can not give a final date (even it could be 31st October 08). Once 2 years back I attended induction program, there it was said that Satyam has plan to list in top 5 in Indian IT companies within years. It seems to me it will remain your sleeping dream only forever, if you do not make such things more transparent.
Do you think that by waiting another 2-3 months, some miracle will happen in Globe so that you will start making even more profit? You are waiting for what??? According to me you are just spoiling the faith and trust of all Satyam Associates for the sake of interest money of the appraisal.
Few months back I was proud to be called Satyamite… now no more.
Raju, Shame on you for making me loose my faith in this organization.
...
In reply to:
Satyam Delays Appraisal & Salary Revision
Posted by : Guest
Satyam Computer Services Ltd (NYSE: SAY) in its typical Bureaucratic style has indefinitely delayed its 2008 Appraisal process much to the dismay of its 50000+ employees. To make matters worse the company has not even informed its employees for the reason for this delay. Attrition levels are expected to shoot up due to this and a whole bunch of other anti employee measures.
The company continues to work like a soviet era government run agency!
Markets should take note of this fact and expect satyam to loose out on talented people due to such outrageous actions.
Satyam Management continues to act in a Deplorable manner and seems to take its employees for granted.
You may gather more on the internal turmoil in the company by Visiting
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NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange that "Pursuant to the Securities and Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002 and the Companys Insider Trading Policy, we hereby intimate to you the continual disclosures of sales received by the Companys Compliance Officer, which is as follows: (1) Name of the Employee : K. Sriram, No. of Equity Shares : Self :- 1,000; Dependant :- NIL, No. of ADSs : Self :- NIL; Dependant :- NIL, (2) Name of the Employee : Manish Mehta, No. of Equity Shares : Self :- 25,000; Dependant :- NIL, No. of ADSs : Self :- NIL; Dependant :- NIL."...
BSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed BSE regarding a Press Release dated September 04, 2008 titled "Satyam Implements the Oracle E-Business Suite for Kenya Airways"...
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange regarding the press release dated September 04, 2008, titled "Satyam Implements the Oracle(R) E-Business Suite for Kenya Airways". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
Hold Satyam Computer Services
Posted by : MMB MessengerTracked by: 0 Boarder
...
BSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed BSE that the Compensation Committee of Directors of the Company allotted 95,116 equity shares through circular resolution on September 01, 2008, under stock option plans of the Company.
Consequent to the above allotment, the paid up share capital of the Company has gone up from 673,157,117 equity shares of Rs 2/- each aggregating Rs 1,346,314,234.00 to 673,252,233 equity shares of Rs 2/- each aggregating Rs 1,346,504,466.00....
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange that the Compensation committee of the Directors of the Company alloted 95,116 equity shares through circular resolution on September 01, 2008, approved on September 02, 2008 under stock option plans of the Company. Further consequent to the above allotment, the paid up share capital of the Company has gone up from 673,157,117 equity shares of Rs. 2/- each aggregating Rs. 1,346,314,234 to 673,252,233 equity shares of Rs. 2/- each aggregating Rs. 1,346,504,466....
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Companys Compliance Officer, pursuant to the Securities and Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002 and the Companys Insider Trading Policy, which is as follows: Name of the Employee: T. Hari, No. of Equity Shares: Self: 2500; Dependant: NIL, No. of ADSs: Self: NIL; Dependant: NIL....
Satyam Computer
Posted by : zoombusinessTracked by: 0 Boarder
Satyam Computer
In the last trading session, the counter closed above the key resistance level Rs 420, reinforcing bullishness. We recommend a buy.
...
Target 435
Posted by : novice1000Tracked by: 1 Boarder
hi friends,
Short term players who entered at 385 to 390 levels can think about booking profits at around 432-434 levels as markets may remain range bound in the near future.
regards...
In reply to:
Target 435
Posted by : novice1000
dear smartstockguru,
Thanks alot for your information.
Today it did touch 420 levels.. but due to weak sentiments it may give up some of the gains on monday.
But the stock is very likely to touch 435 levels in the days to come.
And pls dont worry.. i wont sell anything in panic and just like you, even i posted the msg with the intent of giving some idea about the movement of the this stock price to fellow boarders who are interested in knowing it.
regards,
PS: As i mentioned in the first part of this thread, this is just a guidance for short term and short term guidance do come with the risk of going wrong as sentiments can make the things upside down in the short term.
Target 435
Posted by : novice1000Tracked by: 1 Boarder
dear smartstockguru,
Thanks alot for your information.
Today it did touch 420 levels.. but due to weak sentiments it may give up some of the gains on monday.
But the stock is very likely to touch 435 levels in the days to come.
And pls dont worry.. i wont sell anything in panic and just like you, even i posted the msg with the intent of giving some idea about the movement of the this stock price to fellow boarders who are interested in knowing it.
regards,
PS: As i mentioned in the first part of this thread, this is just a guidance for short term and short term guidance do come with the risk of going wrong as sentiments can make the things upside down in the short term....
In reply to:
Target 435
Posted by :
smartstockguru
My dear friend.
Just go through the technical charts of this stocks. it is having large shorts around 428 to 402 levels. No chance of crossing 415-418 also. In coming days you can see this counter at 360 and below that also, again depends upon market direction. it is a right time to short this counter.
Check my technicals on Jetairways, deccan avaition, Ansal properties, gmr infra, tata chemicals.... all has given descent returns within 15-20 days.
I just wrote this for public interest, no need to get panic and sell your investment. this is for short to medium term traders only.
Regards,
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Companys Compliance Officer, pursuant to the Securities and Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002 and the Companys Insider Trading Policy, which is as follows: Name of the Employee: T. Hari, No. of Equity Shares: Self: 1000; Dependant: NIL, No. of ADSs: Self: NIL; Dependant: NIL....
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