Satyam Computer Services

NSE Announcements on Satyam

Posted by : siva99
Price when posted : BSE: Rs 289.50 ( -1.04 % ), NSE: Rs. 289.60 ( -1.18 % )

View full thread (3 messages)

Tracked by: 0 Boarder

A new COO every week will not take Satyam BPO anywhere...........

In reply to:

NSE Announcements on Satyam

Posted by : MMB Messenger

Satyam Computer Services Ltd has informed the Exchange regarding a press release dated September 30, 2008, titled "Vijay Rangineni named interim CEO of Satyam BPO". 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).

NSE Announcements on Satyam

Posted by : MMB Messenger
Price when posted : [Satyam - BSE:Rs. 279.25 NSE:Rs. 280.40 when posted]

View full thread (3 messages)

Tracked by: 0 Boarder

Satyam Computer Services Ltd has informed the Exchange regarding a press release dated September 30, 2008, titled "Vijay Rangineni named interim CEO of Satyam BPO". 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). ...

BSE Announcements on Satyam

Posted by : MMB Messenger
Price when posted : [Satyam - BSE:Rs. 279.25 NSE:Rs. 280.40 when posted]

View full thread (1 messages)

Tracked by: 0 Boarder

Satyam Computer Services Ltd has informed BSE regarding a Press Release dated September 30, 2008 titled "Vijay Rangineni Named Interim CEO of Satyam BPO"...

Satyam may plan for buyback....

Posted by : marketman
Price when posted : BSE: Rs 304.90 ( -5.30 % ), NSE: Rs. 302.00 ( -6.27 % )

View full thread (56 messages)

Tracked by: 1 Boarder

Buy satyam at around 300,buy back annuncement from the company is expected at any point of time.... so,beating the scrip on regular basis many not be possible in coming days.......

Satyam can slip to Rs 308-280: Pillai

Posted by : snack
Price when posted : BSE: Rs 303.80 ( -5.64 % ), NSE: Rs. 303.35 ( -5.85 % )

View full thread (3 messages)

Tracked by: 0 Boarder

Cool. This Neppolian, though he seems to have crawled up from the woodwork, seems to be correct as Satyam has gone below 305...

Yea for N. Pillai. Let's see you give some postive news too.......

In reply to:

Satyam can slip to Rs 308-280: Pillai

Posted by : MMB Messenger

Neppolian Pillai of Modern Shares & Stock Brokers is of the view that Satyam can slip to Rs 308-280.

Business in other geos

Posted by : snack
Price when posted : BSE: Rs 305.60 ( -5.08 % ), NSE: Rs. 305.00 ( -5.34 % )

View full thread (3 messages)

Tracked by: 0 Boarder

maybe he had 20 lakh shares... ;-)

after all he is one of the earliest employees (or is he family ??)
...

In reply to:

Business in other geos

Posted by : Guest

If this is true then why Satyam CFO sold 2 lakh shares in last one week.Is he losing confidence on the company?

Satyam sued for 1 Billion $

Posted by : donald trump
Price when posted : BSE: Rs 308.10 ( -4.30 % ), NSE: Rs. 308.10 ( -4.38 % )

View full thread (1 messages)

Tracked by: 0 Boarder

Satyam Software sued for 1 billion USD
UPAID SYSTEMS, a closely held, American based mobile and online payment specialist, with a huge number of subscribers in its pocket (in tunes of 50 million consumers) and working with a large part of Brazilian mobile service providers for Brazil as well as some parts of South America, has sued Satyam Software Services for fraud and intellectual property infringement. The purported damages asked are around USD 1 billion, and yes. Satyam Software Services (from now onwards \\` Satyam\\`) is a .5 billion company.
...

Top executives sell 1.6 lakh shares in the last 2 months

Posted by : zoombusiness
Price when posted : BSE: Rs 321.95 ( -1.86 % ), NSE: Rs. 322.20 ( -1.80 % )

View full thread (1 messages)

Tracked by: 0 Boarder

Even while assuring its employees and stakeholders that all’s well at Satyam Computer Services despite the US economy slowing down and the various hurdles Indian IT companies are facing, senior management executives of the NYSE-listed IT firm are on a stock-selling spree.

About half a dozen top executives of the company have offloaded over 1.5 lakh shares in the last few days.

Interestingly, Satyam’s chief financial officer Srinivas Vadlamani, too, is among those top executives who have bundled out their shares. Apart from Vadlamani, the sellers include T Hari, the company’s global head of marketing communications, K Sriram (part of consulting team), Manish Mehta (head of SAP practice), Kiran Cavale (head of business intelligence and data warehousing, and Venkat Kumar Raju. The list of sellers also includes Vinod Dham, who is on the board of directors of the company.


Of all these executives, Vadlamani has sold off the largest chunk of shares — about 92,358 followed by Mehta (30,000 shares), Cavale (16,500), T Hari (13,000), Raju (10,000) and K Sriram (2,000). Dham sold 2,500 shares arising out of 1,250 American depository shares. According to market sources, most of these executives sold their shares in the price range of Rs 360 to Rs 420 per share.

Though on an equity base of Rs 134.5 crore, the 1.6 lakh shares sold by the top executives are not very significant, the transaction by the personnel who are part of the leadership team of the company is giving rise to several interpretations and speculations.
“I agree that the timing of the transaction is not right. Otherwise, it is a normal transaction and I had sold shares even last year during the same time to meet my personal commitments,” Vadlamani told DNA Money. According to him, he had sold shares on September 11 and 12, 2008, though the BSE took some time to put it in the public domain.

“We get shares as part of our incentive package. These are not free shares and we pay Rs 200 per share to the company to get them. Even on what we got after selling these shares in the current market condition, we have already paid back about 50% to the company,” he explained.

Another senior executive said the shares were sold as part of the tax planning and advance tax commitments. “In fact, we had sold our shares much before the Lehman development happened. We were not influenced by the developments in the US while selling our shares. This is something we do every year after the shares get free from the lock-in restrictions,” he said.

Meanwhile, the company has given out the much-awaited increments to its employees. Though the details of the packages are yet to be known, employee sources indicate that the management guidance of 12-14% increments was not across-the-board and the average hike is in the higher single digit range. The increments would be paid out in the October salary cycle.

dna-india
...

Satyam increases salary

Posted by : IT_Bulls
Price when posted : BSE: Rs 321.95 ( -1.86 % ), NSE: Rs. 322.20 ( -1.80 % )

View full thread (1 messages)

Tracked by: 0 Boarder

Satyam has given out the much-awaited increments to its employees.

Though the details of the packages are yet to be known, employee sources indicate that the management guidance of 12-14% increments was not across-the-board and the average hike is in the higher single digit range.

The increments would be paid out in the October salary cycle.
...

Satyam can slip to Rs 308-280: Pillai

Posted by : Guest
Price when posted : BSE: Rs 321.95 ( -1.86 % ), NSE: Rs. 322.20 ( -1.80 % )

View full thread (3 messages)

Tracked by: 0 Boarder

I do not agree. We should take into consideration the appreciation of USDs against Indian Currency and exposure of Indian IT sector to US companies on case to case basis for each of our IT companies separately. We cannot have same yardstick for everyone....

In reply to:

Satyam can slip to Rs 308-280: Pillai

Posted by : MMB Messenger

Neppolian Pillai of Modern Shares & Stock Brokers is of the view that Satyam can slip to Rs 308-280.

Satyam can slip to Rs 308-280: Pillai

Posted by : MMB Messenger
Price when posted : BSE: Rs 321.95 ( -1.86 % ), NSE: Rs. 322.20 ( -1.80 % )

View full thread (3 messages)

Tracked by: 0 Boarder

Neppolian Pillai of Modern Shares & Stock Brokers is of the view that Satyam can slip to Rs 308-280....

Support-Resistance LEVELS for MONDAY !

Posted by : DUstocks
Price when posted : BSE: Rs 321.95 ( -1.86 % ), NSE: Rs. 322.20 ( -1.80 % )

View full thread (1 messages)

Tracked by: 0 Boarder

R3 R2 R1 P S1 S2 S3
341.33 335.66 328.93 323.26 316.53 310.86 304.13
...

News of the Hour

Posted by : sasreddy
Price when posted : BSE: Rs 326.25 ( -0.55 % ), NSE: Rs. 326.20 ( -0.58 % )

View full thread (3 messages)

Tracked by: 0 Boarder

sathyam will bouse back keep buy this level we will see 390Rs comeing days dont loose opetunity ...

In reply to:

News of the Hour

Posted by : Guest

what is the source of this information please

News of the Hour

Posted by : Guest
Price when posted : BSE: Rs 325.00 ( -0.93 % ), NSE: Rs. 324.50 ( -1.10 % )

View full thread (3 messages)

Tracked by: 0 Boarder

what is the source of this information please ...

In reply to:

News of the Hour

Posted by : zoombusiness

Satyam brass have been selling stock
About half a dozen top executives of the company have offloaded over 1.5 lakh shares in the last few days.

dna n-

News of the Hour

Posted by : zoombusiness
Price when posted : BSE: Rs 324.00 ( -1.23 % ), NSE: Rs. 324.70 ( -1.04 % )

View full thread (3 messages)

Tracked by: 0 Boarder

Satyam brass have been selling stock
About half a dozen top executives of the company have offloaded over 1.5 lakh shares in the last few days.

dna n-...