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MERGERS & ACQUISITIONS: ‘Challenge is to instil confidence in clients’
Tech Mahindra will try to retain the entire workforce. Mumbai, April 13 Tech Mahindra, which has emerged the highest bidder for Satyam Computers, is confident about turning the company around and retaining the entire workforce even if it meant ...

MERGERS & ACQUISITIONS: Relief for L&T investors
Small marked-to-market loss of Rs 4 a share. Investors in L&T can heave a sigh of relief at its not bagging Satyam Computer - the beleaguered software major. The L&T stock was battered 30 per cent after the Satyam fraud was revealed on ...

MERGERS & ACQUISITIONS: It’s a steal: Hinduja CFO
New Delhi, April 13 The Hinduja Group, which had pulled out of the race for Satyam just ahead of the submission of Expressions of Interest, has termed the Rs 58 a share price tag for Satyam, a “good deal” and ...

MERGERS & ACQUISITIONS: Why the wide divergence in Satyam bid prices
Mumbai, April 13 The wide variation in the bid prices submitted by the three contenders for Satyam Computer Services has set off a debate on whether this could be due to the several “unknowns” with respect to Satyam (whose ...

MERGERS & ACQUISITIONS: Why L&T could not bid higher for Satyam
‘Existing shareholding restricted flexibility to quote higher price’. Mumbai, April 13 Larsen & Toubro was generally perceived as the hot favourite when the bidding process for Satyam Computer Services entered its last lap. After ...

MERGERS & ACQUISITIONS: Reasonable price, but business concerns remain
Lower-margin biz, headcount pose challenges for Tech Mahindra. Tech Mahindra’s (through Venturbay Consultants) winning bid of Rs 58 a share for Satyam Computer Services, bestows it control over a diverse IT services company with a client ...

MERGERS & ACQUISITIONS: Challenges before Tech Mahindra
Hyderabad, April 13 It’s now just a formality before Tech Mahindra takes over the reins of the fraud-hit Satyam Computer Services. But embracing Satyam into its fold is not going to be an easy task for ...

MERGERS & ACQUISITIONS: Perspective on deal value
With details on Satyam Computer’s revenues and margins still elusive, it is difficult to comment on the valuation at which Tech Mahindra has bought the software giant. Nevertheless, here are a few numbers that may offer perspective on ...

HUMAN RESOURCES: Uncertainty ends for Satyam staffers
Hyderabad, April 13 For thousands of employees at Satyam Computer Services, it is the end of the suspense and uncertainty that marked three turbulent months at the ...

MERGERS & ACQUISITIONS: Resurrection of Satyam
From the depths of despair in January to finding a strong buyer now, for what most agree is a good price given the circumstances, it has been a remarkable transformation in the fortunes of Satyam Computer. The handover of the company’s ...

MERGERS & ACQUISITIONS: Satyam: Govt heaves a sigh of relief
New Delhi, April 13 Considerably restrained is perhaps the best way to describe the atmosphere in the Ministry for Corporate Affairs today, thanks to the model code of conduct in operation. But even as the action shifted to Mumbai and the ...

MERGERS & ACQUISITIONS: Tech Mahindra, Satyam, L&T jump on deal day
Satyam ADR tumbles 14% at open on NYSE. Mumbai, April 14 Shares of Tech Mahindra rose 25 per cent to touch Rs 400 intra-day on Monday just before the company was named the highest bidder for Satyam Computer. However, the stock closed 12.31 per ...

MERGERS & ACQUISITIONS: Praise from the drop-outs
New Delhi, April 13 They all vied for Satyam, and perhaps hoped to outdo one another at various stages of the sale process. Now that Satyam is in Tech Mahindra’s kitty, Business Line spoke to some of those players who ...

INTERNET: Cricinfo’s microsite plays for the game’s new fans
Bangalore, April 13 In tune with the changing profile of the game of cricket, ESPN-owned Cricinfo is targeting a younger audience, including women, with the launch of a microsite ‘Page 2’ at ...

INDUSTRY ASSOCIATIONS: Industry lauds swift action
Bangalore, April 13 Besides providing a sense of relief to the Indian IT industry, the successful bidding process for the beleaguered Satyam has sent a strong signal reassuring investors and clients ...

TELECOMMUNICATIONS: GSM operators add record 10.8 million users in March
New Delhi, April 13 GSM operators have broken the record for the highest number of new mobile operators yet again with 10.8 million additions in ...

HUMAN RESOURCES: Satyam has 48,000 staff on its rolls
Satyam Computer Services currently employs 48,000 people on its rolls. It had lost around 5,000 employees during the September-March period of the ...

TELECOMMUNICATIONS: Recharge voucher from Tata Tele
...

From eWorld

PHOTOGRAPHIC & ALLIED PRODUCTS: ‘Snapping’ at each other’s heels?
Is the camera phone eating into the digital camera market, or vice versa? eWorld talked to industry players for a clearer picture.. Eight megapixels, face detection, smile detection, image stabilisation, advanced shake reduction, variable ...

INTERVIEW: ‘Keep IT going with e-gov’
AMD says it makes sense to look to the Government’s needs during tough times.. If Dickens were around today, he surely would describe the slowdown context as “the worst of all times.” The word ‘recession’ is now ...

TECHNOLOGY: Just tag it
RFID can make a difference in many segments, says this player.. Prasad was restless. He had been waiting for over an hour to collect his baggage at the Chennai International Airport, only to learn that the carrier in which he flew into India ...

INTERNET: Sample these!
I just have to write about this year’s fool’s day pranks on the Web. It so happens the best ones are from Google, as so often before. (See: And you thought big companies don’t have a sense of humour? ...

SECURITY: Armed with information
In the civilian sector, a network failure may cause inconvenience and monetary loss in most cases. In the case of the military and defence corps, the slightest system downtime may translate into a national security threat - an intolerable ...

INTERVIEW: ‘IT opportunities outweigh challenges’
There is going to be a surge of innovative ideas and services during the slowdown, sys e4e India.. On the last day of the bygone fiscal, March 31, 2009, I had an interesting guest, Narasingarao Dataram, President, e4e India (
WEBSITE REVIEW: What’s the good word?
This service aims to help the user build vocabulary through the mobile phone.. Are you finding yourself at a loss for words? Then, it’s time to fight the Limited Vocabulary syndrome. The problem can be chronic but if you have a mobile ...

CYBER QUEST: Quiz
V.V.Ramanan. 1. With which American giant has Intel announced an alliance to develop and market home-based health technologies to ...

BOOKS: `We are what we click'
... as we continue to become more interactive with the information on our screens and at our fingertips, the way we live our lives will change.. If you want an example of how the Internet is changing the way we experience, look no further than ...

NEW PRODUCTS & SERVICES: As cool as it can be
One For All says its Aircon Universal Remote will allow the user to control up to three air-conditioners and that it works across leading brands, however obsolete or recent the model ...

NEW PRODUCTS & SERVICES: Getting better at the game
ASUS has unveiled the ASUS EAH4890 Series — “the world’s first graphics cards to utilise Voltage Tweak ...

CARTOON: Cartoon
“No school from today! I’ve started a Web site that all my teachers ...

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