timesofindia.indiatimes.com:
The Central Bureau of Investigation (CBI) probing the Satyam fraud case on Saturday arrested V S Prabhakar Gupta, head of internal audit of the erstwhile Satyam Computers. (Read More)
India Times:
Central Bureau of Investigation arrested Mahindra Satyam's internal audit head for his alleged involvement in the multi-crore accounting fraud in Satyam Computer. (Read More)
The Guardian:
Subscribe here for your own daily copy delivered to your inboxTHE INCREASINGLY BAD LUCK OF THE IRISHStepping over our red-haired, green-felt-hat-wearing alcoholic Irish cousin Theme Pub O'Fiver as he lay unconscious in a pool (Read More)
Hyderabad-Cities-The Times of India:
The CBI told a local court here on Wednesday that it was awaiting replies from courts in the US, UK, Belgium, Mauritius, British Virgin Islands and Singapore regarding the transactions of foreign bank accounts allegedly owned (Read More)
India Times:
Mahindra Satyam has received legal notices from 37 companies staking claim to a refund of Rs 1230.4 crore that was allegedly given as a temporary advance to the then Satyam Computer Services. (Read More)
Reuters:
Reuters - Mahindra Satyam says received legal notices from 37 co claiming a refund of Rs 1230.40 crores or about $265 million - SEC filing
. (Read More)
India Times:
The government on Monday said the Serious Fraud Investigation Office (SFIO) will begin prosecution into the Satyam scam this month. (Read More)
India Times:
In a major setback to cash -strapped infrastructure firm Maytas Properties, promoted by former Satyam Computer founder B Ramalinga Raju's family, a local court has passed an order barring the company from using land as collat (Read More)
India Times:
Engineering major Larsen & Toubro (L&T) has divested 2.72 crore equity shares (2.3%) in Mahindra Satyam, which was formerly known as Satyam Computer Services, at Rs 112.50 per share for around Rs 306 crore. (Read More)
Reuters:
BANGALORE (Reuters) - The BSE Sensex rose more than 1 percent despite a choppy morning session on Friday, helped by gains made by infrastructure play Larsen & Toubro after the firm sold off a third of its stake in outsourcing (Read More)
Reuters:
MUMBAI (Reuters) - The BSE Sensex was up 0.2 percent in early trade on Friday, led by gains in Larsen & Toubro as it sold part of its holding in outsourcer in Mahindra Satyam.
. (Read More)
Reuters:
MUMBAI (Reuters) - Mahindra Satyam saw 27.2 million shares, or about 2.31 percent of its equity change hands, at 114.90 rupees a share on the BSE, stock exchange data showed on Friday.
. (Read More)
Reuters:
BANGALORE (Reuters) - Engineering and construction firm Larsen & Toubro Ltd will raise $65 million by selling one-third of its stake in Mahindra Satyam Ltd on Friday, a television channel said on Thursday.
. (Read More)
India Times:
Leading Indian engineering and construction firm Larsen & Toubro Ltd will raise $65 million by selling one-third of its stake in Mahindra Satyam Ltd on Friday, a television channel said on Thursday. (Read More)
timesofindia.indiatimes.com:
The deepening mystery over Rs 612 crore winding up into Satyam accounts from Maytas Infra and Maytas Properties is threatening to make the restatement of Satyam accounts messier for the Mahindras. (Read More)
India Times:
The deepening mystery over Rs 612 crore winding up into Satyam accounts from Maytas Infra and Maytas Properties accounts is now threatening to make the restatement of Satyam’s accounts messier for the Mahindras. (Read More)
Reuters:
NEW DELHI (Reuters) - Indian IT services firm Mahindra Satyam has added 35 new clients since April 13 and lost just a small handful, said the firm's chief executive officer, who added that the worst was behind the company. (Read More)
Kolkata -Cities-The Times of India:
The spate of companies' exiting the state continues. Mahindra Satyam said it wants to return the 2.77-acre plot given to it by the Bengal government at Salt Lake's Sector V. (Read More)
India Times:
Maytas Infra has received a new lifeline. The company has bagged a road project worth Rs 790 crore, the biggest after it got tangled in the Satyam crisis and lost several projects including the prestigious Hyderabad metro rai (Read More)
Wall Street Journal:
Satyam Computer Services said it signed an initial pact with Sweden's defense and security company Saab to develop Saab's operations in India. (Read More)