Fraud-hit Satyam Computer Services wants to offer no more than 31 per cent in new shares to a strategic investor, the Mint newspaper reported on Friday, citing a company source familiar with the matte

A ‘framework’ to undertake the open bidding route to rope in a suitable strategic investor to take over the reins of the scam-hit Satyam Computer Services has been readied by the Governmen

The Company Law Board (CLB) on Thursday suggested the appointment of four directors for Maytas Infra Ltd. They would be appointed in addition to the existing three directors on the company board.

Satyam Computer Services' board began a meeting on Thursday that is expected to set pricing guidelines for a preferential share issue to a strategic investor in the outsourcer at the centre of India's

The Corporate Affairs Minister, Prem Chand Gupta, on Wednesday refuted the Left parties’ charge that “operation cover-up” was being carried out by the Centre and the Andhra Pradesh G

The Andhra Pradesh High Court on Wednesday pulled up the State Government for the delay in providing infrastructure for the Central Bureau of Investigation which has stepped in to probe the multi-cror

Satyam Computer Services has said that it would take at least 6-8 weeks to induct a strategic investor to take the reins of the company in a “competitive, fair and transparent method”.

Larsen & Toubro will not be selling its 12 per cent stake in the troubled Satyam Computers, even if the engineering giant is not able to take over the IT firm. This was made clear by A.M. Naik, L&T

The market regulator has eased the norms for preferential allotment of shares by some companies, a move that should help fraud-hit outsourcer Satyam Computer Services to find a strategic investor.

Mauritius-based investment firm SRS Orion Investment has demanded Rs 806 crore from the troubled Maytas Properties, a company promoted by the kin of Satyam Computer founder B Ramalinga Raju.