The major stock index in India -- the BSE SENSEX -- fell 7.3 percent Wednesday. Satyam employs 53,000 people, operates in 65 ...

The chairman of troubled Indian outsourcer Satyam Computer Services on Wednesday tendered his resignation to the company’s board of directors, admitting that the company inflated its financial results ...

For a man at the helm of a business that has been through so much in the course of this year, Mahindra Satyam's new CEO CP Gurnani looks remarkably relaxed. With his smile and immaculate suit, Gurnani ...

Satyam Computer Services announced Wednesday its founder and chairman, B. Ramalinga Raju, has resigned, following an admission that he inflated its financial performance. Satyam, one of India's six ...

The board of directors at scandal-wracked Satyam Computer Services Ltd. today named a new CEO to run the India-based offshore outsourcing vendor — choosing a longtime Satyam executive, despite ...

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing ...

Satyam Computer Services, which had been rattled by accounting fraud, has been sold to a unit controlled by Tech Mahindra, an Indian outsourcing firm. On behalf of all Satyamites and their families, ...

IT company Tech Mahindra on Saturday announced the appointment of former Infosys president Mohit Joshi as MD and CEO designate, who will take over the charge from C P Gurnani after his retirement on ...

Mahindra Satyam reported a whopping four-fold increase in profit after tax to Rs 308 crore for the quarter ended December 31. The total headcount of the company stood at 32,280 as of December 31, a ...

Larsen & Toubro (L&T), an Indian engineering and construction company with a small IT services business, and Tech Mahindra, a mid-size Indian outsourcer, said Thursday that they had registered their ...