BANGALORE: Tech Mahindra has won around $500 million outsourcing contract from new telecom entrant Swan Telecom. Swan’s outsourcing contract, which witnessed aggressive bidding from IBM, Wipro and Tech Mahindra, comes at a time when Tech Mahindra is attempting to establish itself in th…
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Tech Mahindra stake in Satyam to go up 43%; CLB gives nod
Posted on: July 8th 2009 in Stock News.
NEW DELHI: Mahindra Satyam on Wednesday said it has approval from the Company Law Board to allot on preferential basis new shares to Tech Mahindra that would take the new owner’s stake in the company to 43 per cent. “Following the allotment of the additional shares, the outs…
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