Professional Documents
Culture Documents
RESHMA SAMALAD - 31
SOLAIHA SHAIKH - 32
ASHA SHARMA - 33
SHERISH SHITWARE - 34
Maytas Properties, founded by family relations of company founder Ramalinga Raju (Maytas is "Satyam" reversed) for $1.6 billion, despite concerns raised by independent BOD. Both companies are owned by Raju's sons. This eventually led to a review of the deal by the government, a veiled criticism by the VP of India and Satyam's clients reevaluating their relationship with the company. Satyam's investors lost about 34 billion in the related panic selling. The USD $1.6 billion ( 80 billion) acquisition was met with scepticism as Satyam's shares fell 55% on the New York Stock Exchange. 3 members of the board of directors resigned .
Group and is a leading global systems integrator and business transformation consulting organization, focused primarily on the telecommunications industry. in over 100 countries and operates in key industries that drive economic growth, enjoying a leadership position in information technology and vacation ownership. acquiring the leading global business and information technology services company .
was today formally merged with its parent Tech Mahindra to create the country's 5th largest software services firm. The Mumbai-headquartered company now has an employee strength of 84,000 serving 540 clients across 46 countries. Its revenues are at USD 2:7 billion. The combined entity now has 11 locations in India and 15 overseas for BPO operations and software development.
The Companys core value of Quality Focus strives to meet customer expectations at all times with qualitative deliverables & improvised to exceed expectations at work, in products, services & interactions with all the customers. The Quality Management System (QMS) & delivery framework have been aligned with Mahindra Satyam.
CORPORATE GOVERNANCE
A report on Corporate Governance, along with a certificate for compliance with the Clause 49 of the Listing Agreement issued by the Practising Company Secretary is provided elsewhere in the Annual Report.
BUSINESS INVOLVED
It spread across a broad spectrum, including Business Support
Systems (BSS), Operations Support Systems (OSS), Network Design & Engineering, Next Generation Networks, Mobility Solutions, Security consulting and Testing.
Development & Management, Network Services, Product Engineering, Infrastructure Managed Services, Remote Infrastructure Management and BSG (comprises BPO, Consulting). wireline, wireless and broadband operators in Europe, Asia-Pacific and North America.
Tech Mahindra Chairman ,Kiran Karnik (2nd L) and board members Deepak Parekh (2nd R), Tarun Das (L) and T. N. Manoharan.
In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times Boldness in Business Award in the Emerging Markets category In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world.
In 2013, the Mahindra Group received the Financial Times Boldness in Business Award in the Emerging Markets category
CERTIFICATES RECIEVED
Its development centers are ISO 9001-2008, ISO 20000, ISO 27000 & BS25999 certified.
The company unveiled its new brand identity, Mahindra Satyam,which draws from the core values of the Mahindra Group &the inherent strength of the Satyam brand.
It's already in the market to raise Rs 600 crore through 4-5 year bonds.
SOCIAL PROGRAMS
Tech Mahindra has successfully implemented more than 18 Greenfield Operations globally and has over 151 active customer engagements mostly in the Telecom sectorTech Mahindra has a global footprint through operations in more than 31 countries with 17 sales offices and 15 delivery centers.
PROFITABILITY RATIOS
Mar 12 Operating Profit Margin(%) 16.52 13.16 14.02 20.62 Mar 11 10.04 6.70 6.91 11.49
Mar 12 Net Profit Margin(%) Adjusted Net Profit Margin(%) Return On Capital Employed(%) Return On Net Worth(%) 18.92 18.92 26.84 36.29
36.74
21.87
0.01
0.01
0.01
0.01
EFFICIENCY RATIO
Mar 12 Inventory Turnover Ratio Debtors Turnover Ratio Investments Turnover Ratio Fixed Assets Turnover Ratio 408.51 4.89 Mar 11 80.76 4.87
408.51
2.96 1.31 1.49
80.76
2.59 1.47 1.37
CAPITAL BUDGET
Mar 12 OPERATING PROFIT PBDIT 866.30 828.40 Mar 11
950.70 1,059.10
(-) Interest
PBDT (-) Depreciation
111.70
716.70 150.50
122.70
936.40 138.30
566.20
12.80 579.00 118.40 460.60
798.10
7.90 806.00 109.30 696.70
CONCLUSION
This firm has emerged as one of the top IT industry. Today no body takes a fraud company but M&M has went a step ahead took over the controversial firm &is the most profitable org.over the years the company has earned a goodwill in the market &should function in the same manner as before.