Mahindra Satyam Stock

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  Sheer 'Bad Luck' Could Not Get Satyam: L&T Chief

  Ready to list L&T's "second baby" in the stock market with an IPO of its Infotech division, the group's executive chairman, A M Naik, has said it was nothing but "bad luck" that it could not acquire the erstwhile Satyam Computer despite being early to accumulate the shares.

• Tech Mahindra rallies 10% in July on cheap valuations

  The stock is trading at a discount of 34.2 per cent to HCL Technologies Ltd valuations on price-to earnings multiples, according to StarMine estimates.

• Satyam lives on as part of Tech Mahindra

  Its journey saw a fraud bringing down the company's valuation by over 95 per cent within weeks, while a subsequent revival brought in an over 10-fold surge from the dumps.

• Mahindra Satyam shares to stop trading from July 4

  Mahindra Satyam (erstwhile Satyam Computer Services Ltd), which merged into Tech Mahindra last month, will become history in the records of BSE and National Stock Exchange (NSE) as trading of the company's scrip is likely to end from July 4.

• Mahindra Satyam's AGM on July 31 cancelled

  In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.

• Mahindra Satyam-Tech Mahindra merger gets court approval

  The Andhra Pradesh High Court approved on Tuesday the merger of Mahindra Satyam (MSat) with Tech Mahindra while dismissing the petitions of some shareholders seeking to stall the proposal in its current form so as to safeguard their financial interest.

• Mahindra Satyam Q4 net down by 15%, declares 30% dividend

  Software services provider Mahindra Satyam's net profit declined by 15 per cent to Rs 454.12 crore for the fourth quarter ended March 31, 2013. Net profit stood at Rs 534.21 crore in the same period last year.

• The Week Ahead: Oversold market to bounce back

  The week ahead should see the stock markets bounce back after being heavily oversold in the short term. Fall in oil prices, expectation of good results and fall in bond yields will likely help markets rally next week.

• Tech Mahindra MD Gurnani sells 1.46 lakh shares for Rs 15.51 crore

  Tech Mahindra Monday said its managing director, C P Gurnani, has sold 1.46 lakh shares of the company for over Rs 15.50 crore.

• Goldman starts Tech Mahindra, Satyam with 'buy' ratings

  Tech Mahindra Ltd shares gain over 2 per cent and Satyam Computer Services Ltd rises around 1 per cent after Goldman Sachs initiates coverage of both companies with "buy" ratings.

• Tech Mahindra, Satyam Computer fall after delay in merger

  Brokerage Sharekhan said in an email to clients that the delay is "sentimentally negative" for the stocks, attributing the reason to opposition to the merger from the Andhra Pradesh High Court.

• Tech Mahindra stock gains nearly 3 per cent post Q3 results

  Shares of software exporter Tech Mahindra today rose by nearly 3 per cent in the early morning trade, bucking a marginal fall in the consolidated net profit for the third quarter ended December 31, 2012.

• Satyam bounces back into Group-A category stocks

  At the same time, the stock was also moved out of all other major indices of the BSE.

• Profit Top 10: Rupee hits new lifetime low; Facebook’s blockbuster IPO nears

  If you missed our coverage, here are the top 10 stories of the day.

• US market regulator SEC revokes registration of Satyam ADS

  US market regulator Securities and Exchange Commission has revoked registration of Satyam's American Depository Shares, following the company's decision to wind up the programme.