Larsen & Toubro is talking to private equity firms such as Blackstone and The Carlyle Group to jointly bid for Satyam Computer Services, the Economic Times reported on Tuesday.

Australian telecom giant Telstra has reportedly dropped outsourcing partner Satyam Computer Services from an applications support contract worth 32 million Aus dollar annually.

The Central Bureau of Investigation appears to have got hold of evidence to prove how Satyam Computer's revenues were inflated. It has sent its officials to Mumbai to probe the role of the regulators

iGate Corp's bid for fraud-hit Satyam Computer Services will be well short of the current market price, its chief executive told a television channel on Monday.

No tax concession will be available to those Satyam shareholders, who would be selling their shares after the open offer is made by a strategic investor in the fraud-hit IT firm, official sources said

Satyam Board is believed to have laid down some basic norms for the winner of the bid, including no sale of the company's assets for three years, not to pledge them to raise debt, no sudden lay-off of

B. Ramalinga Raju, former Chairman, and B. Rama Raju, former Managing Director of Satyam Computer Services, were taken to Satyam’s My Home Hub facility at Madhapur on Friday by the CBI sleuths.

Satyam Computer Services, which has sent Request for Proposals (RFPs) to all those who have shown interest in the bidding process, expects that there would be at least 10-11 serious contenders to take

The Andhra Pradesh High Court has dismissed a petition filed by the former Chairman of Satyam Computer Services, B Ramalinga Raju, and others against sending them to the seven-day CBI custody.

Even as the Satyam Computer Services board is in the process of sending Request for Proposals (RFPs) to the registered entities, serious contenders such as L&T, Spice Corp and Tech Mahindra are gettin