News tagged with satyam computer services

India's Satyam posts strong profit growth

Indian software outsourcer Mahindra Satyam on Thursday said its quarterly net profit soared more than ten-fold, beating market estimates, as demand for outsourcing grew.

Nov 10, 2011
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Satyam to pay $10 million to settle SEC charges

Satyam Computer Services has agreed to pay $10 million to settle US charges that former top managers inflated the Indian company's revenue, the US Securities and Exchange Commission said Tuesday.

Apr 05, 2011
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India's Satyam offers $125mn to settle US suit

Indian software exporter Satyam Computer Services said Thursday it will pay $125 million to settle a US class action suit, saying the step ends uncertainty over the fraud-hit firm's recovery.

Feb 17, 2011
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India fraud office to prosecute Satyam founder

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.

Nov 16, 2009
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