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Satyam faces claims worth Rs 10,000 cr

Posted on: June 10th 2009 in Stock News.

New Delhi: Euphoria over the Rs 181 crore net profit in October-December 2008 notwithstanding, Satyam is still not out of the woods as it faces legal and other claims that could put a burden of up to Rs 10,000 crore on it. These include claims worth about Rs 400 crore related to four over…

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Satyam net profit for Feb at Rs 52 crore

Posted on: June 9th 2009 in Stock News.

Tainted IT firm Satyam Computer Services (SATYAM.BO : 66.85 +6.05) reported a standalone net profit of Rs 52 crore for the month ended February 2009. The company had a net profit of Rs four crore in January this year, Satyam said in a regulatory filing to the stock exchanges. The total …

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