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Time for reflection, quiet appreciation on Mahindra Satyam: Anand Mahindra
May 18, 2013 at 01:37 | Source: Financial Express
Expressing happiness over the performance of Mahindra Satyam, Mahindra Group chief Anand Mahindra today said it is time for "reflection and quiet appreciation" rather than noisy celebration. His comments come a day after Mahindra Satyam declared the...
'We're back on track', says Satyam; declares 30% dividend
May 18, 2013 at 00:17 | Source: DomainB
Four years after Tech Mahindra, a part of the Mahindra Group, took over the scam-shattered Satyam Computer Services in a government-run auction, the management of Mahindra Satyam, as it is now called, feels it has reached its turnaround goals. Despi...
Time for reflection, quiet appreciation on Mahindra Satyam: Anand Mahindra
May 17, 2013 at 17:37 | Source: The Hindu BusinessLine
New Delhi, May 17: Expressing happiness over the performance of Mahindra Satyam, Mahindra Group chief Anand Mahindra today said it is time for “reflection and quiet appreciation” rather than noisy celebration. His comments come a day aft...
Mahindra Satyam quarterly net profit down by 15%, sets dividend at 30%
May 17, 2013 at 16:17 | Source: Financial Express
IT services firm Mahindra Satyam today reported 15 per cent decline in profit after tax at Rs 454.12 crore for the fourth quarter ended March 2013 due to higher personnel expenses and provision for taxes. Profit for the same period in the previous f...
At Satyam, the 4-year turnaround's over
May 17, 2013 at 11:26 | Source: DNA India
Four years after beginning a painful exercise to put Satyam Computer Services back on track, the management feels the job is done. We can say now that the turnaround is complete. So we also want to reward our shareholders who have been patiently wai...
Mahindra Satyam Q4 net down 15%
May 16, 2013 at 21:50 | Source: Business Today
IT services firm Mahindra Satyam on Thursday reported 15 per cent decline in profit after tax at Rs 454.12 crore for the fourth quarter ended March 2013 due to higher personnel expenses and provision for taxes.Profit for the same period in the previ...
Mahindra Satyam Q4 net down by 15 per cent, declares 30 per cent dividend
May 16, 2013 at 20:40 | Source: Economic Times
Mumbai: Software services provider Mahindra Satyam's net profit declined by 15 per cent to Rs 454.12 crore for the fourth quarter ended March 31, 2013. Net profit stood at Rs 534.21 crore in the same period last year. Income from operations was, howe...
Mahindra Satyam Q4 net profit down by 15%, declares 30% dividend
May 16, 2013 at 20:32 | Source: Financial Express
IT services firm Mahindra Satyam today reported 15 per cent decline in profit after tax at Rs 454.12 crore for the fourth quarter ended March 2013 due to higher personnel expenses and provision for taxes. Profit for the same period in the previous f...
After 4 years, Mahindra Satyam announces dividend
May 16, 2013 at 17:52 | Source: The Hindu BusinessLine
Hyderabad, May 16: Mahindra Satyam has reported 16 per cent growth in revenues at Rs 1,934 crore for the fourth quarter ended March 31, 2013, over the same quarter last year. Net profit stood at Rs 454 crore as against Rs 534 crore in same quarter l...
IT majors like HCL Tech, Mahindra Satyam Infosys bid for services unit of Polaris
May 16, 2013 at 08:01 | Source: Economic Times
BANGALORE: Several Indian IT services companies, including HCL Technologies, MahindraSatyam and Infosys as well as engineering conglomerate L&T, have bid for the services business of Chennai-based software firm Polaris Financial Technologies. Howeve...
IT majors like HCL Tech, Mahindra Satyam Infosys bid for Polaris Financial
May 16, 2013 at 05:41 | Source: Economic Times
BANGALORE: Several Indian IT services companies, including HCL Technologies, MahindraSatyam and Infosys as well as engineering conglomerate L&T, have bid for the services business of Chennai-based software firm Polaris Financial Technologies. Howeve...
After 4 years, Mahindra Satyam investors can hope for dividend
May 16, 2013 at 00:41 | Source: The Hindu BusinessLine
Hyderabad, May 15: Investors of Mahindra Satyam can hope for a dividend after a gap of four years. The board of directors of the company will consider a proposal for giving a dividend when they meet here on Thursday to vet the results for the fourth...
Tech Mahindra picks Manish Vyas to head telecom business
May 14, 2013 at 23:31 | Source: The Hindu BusinessLine
Hyderabad, May 14: The Mahindras have picked Manish Vyas, currently Senior Vice-President of Tech Mahindra, to head its telecom business. Though he is going to head Tech Mahindra’s telecom business, he is tipped to head the overall telecom ver...
IT loses key quarter as demand whimpers
May 11, 2013 at 09:05 | Source: DNA India
The quarter ended March (Q4) was softer than usual for software companies, going by the results announced so far. After a seasonally slow third quarter, IT firms were expected to do better in Q4, as cash-flow from acquisitions became value-accretive...
Mindtree co-founder Anjan Lahiri quits, sells most of holdings in company
May 09, 2013 at 20:45 | Source: Economic Times
BANGALORE: Mindtree co-founder Anjan Lahiri, who announced his decision to resign from the board and from his position as president of IT services few days ago, said he wants to pursue a career in technology but outside of IT services. "It will defi...
IT stocks gain on Cognizant results
May 09, 2013 at 17:42 | Source: The Hindu BusinessLine
Mumbai, May 9: IT stocks today rose up to 4 per cent in morning trade after the US-based Cognizant posted a 16.6 per cent rise in net profit during January-March quarter and maintained its outlook of 17 per cent revenue growth for 2013. Shares of TC...
Information technology stocks gain on Cognizant Technology's outlook
May 09, 2013 at 13:15 | Source: Business Today
US-based Cognizant Technology Solutions impressive January-March quarter earnings number s cheered the IT stocks on Thursday that rose by up to 4 per cent in morning trade. Shares of TCS jumped 1.73 per cent, while Infosys climbed 0.78 per cent on t...
Big companies like Airtel, Tech Mahindra, others seek technological help from startups
May 08, 2013 at 09:01 | Source: Economic Times
BANGALORE: A number of large companies are turning to emerging ventures for innovative technologies to boost their prospects in a competitive marketplace. They are forging partnerships or buying products and services from smaller firms that helps the...
Mahindra Comviva CTO Arun Tanksali talks about VAS trends, VAS vs apps and <b>...</b>
May 07, 2013 at 18:00 | Source: VC Circle
Tech Mahindra acquired 51 per cent stake in Bharti Group's mobile VAS firm Comviva last year for Rs 260 crore ($48 million) and the firm was rechristened as Mahindra Comviva. The VAS firm's suite of services includes solutions spannin...
Tech Mahindra South Africa to cater to telecom, media sectors
May 06, 2013 at 22:51 | Source: Economic Times
MUMBAI: Infotech company Tech Mahindra today announced that it has partnered with Falcorp to launch Tech Mahindra South Africa to cater to the demand of telecom and media companies in the region. The launch of Tech Mahindra South Africa follows an a...










