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Posts Tagged ‘ Mahindra Satyam ’

Mahindra Satyam & Japan’s SBI Holdings To Set Up $50M Technology Investment Fund

Tuesday, February 21, 2012 | More »

Computer services firm Mahindra Satyam is joining hands with Japan’s SBI Holdings Inc to launch a $50 million (Rs 250 crore) fund to invest in information, communications and technology companies globally, the company has disclosed in a statement to the Bombay Stock Exchange today. Both partners w...

Mahindra Satyam To Buy Around 16% In Software Firm Dion Global

Mahindra Satyam Computer Services Ltd is investing Rs 35 crore ($7 million) in a small public-listed firm called Dion Global Solutions Ltd, which develops software products for capital markets. Dion is majority-owned by Malvinder and Shivinder Singh, promoters of financial services firm Religare Ent...

10 February, 2012 | More »

PWC Pays Largest Ever Settlement to SEC over Satyam

The United States Securities and Exchange Commission (SEC) has sanctioned five India-based affiliates of PricewaterhouseCoopers (PwC) that formerly served as independent auditors of Satyam Computer Services Limited (currently Mahindra Satyam) for repeatedly conducting deficient audits of the company...

6 April, 2011 | More »

SEC Charges Satyam Computer Services With Financial Fraud

The United States Securities and Exchange Commission (SEC) has charged Satyam Computer Services Limited (currently Mahindra Satyam) with fraudulently overstating the company’s revenue, income and cash balances by more than $1 billion over five years. The SEC’s complaint, filed in U.S. District C...

6 April, 2011 | More »