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TechM renames Satyam as Mahindra Satyam

Posted on: June 21st 2009 in Stock News.

After two days of deliberations on drawing up the road map for the fraud-hit Satyam Computer Services at the ‘Leadership Meet’ that concluded here on Sunday, Tech Mahindra has given the IT outsourcing company a new brand identity — Mahindra Satyam. The logo will be adopt…

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Top Satyam executive to sell shares in open offer

Posted on: June 11th 2009 in Stock News.

NEW YORK: One of the top executives of Satyam Computer is considering selling his shares in the open offer beginning tomorrow, even as the scam-hit IT firm is trying to come out of woods under its new owner and guided by government-appointed directors. Without naming the executive, NYSE-…

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Satyam may test Rs 95-96: Baliga

Posted on: June 11th 2009 in Stock Views.

Ambareesh Baliga of Karvy Stock Broking is of the view that Satyam can test Rs 95-96. Baliga told CNBC-TV18, “In Satyam you will have at least another one-two circuit before it comes off; assuming that the markets hold on at these levels. So, I think closer to Rs 95-96.” sou…

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