B K Modi's Spice Corp today submitted the Expression of Interest (EoI) for acquiring a majority stake in the fraud-hit Satyam Computer Services.

Software firm Tech Mahindra is in the final stages of submitting its expression of interest for acquiring a majority stake in crisis-ridden Satyam Computer.

The Satyam Board met on Friday to evaluate the proposals of the suitors for acquiring up to 51 per cent stake in the crisis-ridden IT company among other issues. A company official said that the meeti

Maytas Infra Ltd will convene a meeting of lenders, partners and other stakeholders next week to ascertain the level of financial exposure while assuring them of business continuity.

The Satyam board is expected to meet in Hyderabad tomorrow to evaluate the bidders for acquiring up to 51 per cent stake in the crisis-ridden IT company.

Satyam Computer Services has asked the SEBI to extend further the deadline to restate and announce third quarter results ended December 31, 2008.

Maytas Infra Ltd Wednesday said its board will meet on March 19 to review the status of company's overall business.

The CBI today sought two more days of custody of B Ramalinga Raju and four other accused in the Rs 7,800-crore accounting fraud case in Satyam Computer.

The Government-appointed Board will look into the bids for strategic stake in Satyam Computer on Friday or Saturday, said a source in know of the developments today.

Satyam Computer on Tuesday said it has allotted 10,511 equity shares under its stock option plans.