Mahindra Satyam tanked by nearly 14% to its lowest level in almost 17 months in early trade on the BSE on Tuesday, with investors reacting negatively to the software firm's disappointing Second Quarter results. The company, formerly known as Satyam Computer, on Monday reported a consolidated profit
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Shares of Satyam Computer are seeing a renewed burst of activity. Probably, strong quarterly numbers from Infosys Technologies could have raised expectations from other leading IT services companies as well. On Thursday, a US-based investor is said to have bought close to 30 lakh shares. Some of the..

BANGALORE: Shares in Mahindra Satyam fell 5 percent early on Friday on concerns over its outlook after investigators said the extent of fraud that had hit Satyam earlier this year could be bigger than revealed.

At 0434 GMT, Mahindra Satyam stock was trading down 2.4 percent at 90.50 rupees in th..

CHENNAI: The axe is haunting Mahindra Satyam staff, months after they were assured that there would not be any layoffs. On Monday afternoon, many employees on the Virtual Pool Program (VPP) of the company were sent a formal notice of two months by e-mail.

The mail dated October 19, a copy of whic..

Mahindra Satyam has reinstated the variable pay for its 28000 employees that was cut-off due to cost cutting measures. The variable pay component varying between 10% and 30%, as part of the total pay package, was introduced in July 2006. While 25% of the variable component is guaranteed, the rest is..