Professional Documents
Culture Documents
1987
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On 24th June company was incorporated as a Private Limited Co. large corporations. The company was promoted by B Rama Raju and B Ramalinga Raju. The company has set up two softwar Technology Parks, one at Mayfair Centre, Secunderabad and other at Qutuballapur of Ranga Reddy Dist. of A.P. The company also developed a software Development center in Bangalore. The company is a 100% EOU under the STP scheme of the Dpt. Of Electronics Government of India and exports software to USA, Canada, Sweden and Germany etc.
1991
- On 26th August it was converted into a Public Limited Company.
1992
- The Company went in for a Public Issue of Equity shares.
1996
- During the year Two offices were set up, one in USA and other in Japan. And the company has added new business partners in Australia, Canada, Japan and Europe.
2002
- Satyam Computer Launches operations in China.
2005
-Satyam
enters into strategic partnership with ECG. -Satyam ranked 3rd in Corporate Governance Survey by Global Institutional Investors
2006
-Satyam receives AS9100 / EN9100 certification for its aerospace domain.
2007
- Satyam Computer Services Ltd has on March 15, 2007 has announced that it has implemented an organization-wide, virtual learning environment called Satyam Learning World.
2009
- Tech Mahindra has announced the name change of scam hit Satyam
Computers as Mahindra Satyam . This rebranding exercise symbolises an amalgamation of the values of Mahindra Group with Satyam's fabled expertise, even as it retains that part of Satyam's identity which signifies commitment, purpose and proficiency of the organisation and its people, according to Anand Mahindra, vice-chairman and managing director of the Mahindra Group.
2010
-Feb 11, 2010, Mahindra Satyam, announced that it has entered into a partnership with the Integr8 Group, Africas largest privately owned ICT service and solutions provider
Text of the letter written to the Satyam Board by Satyams Chairman B Rambling Raja's who resigned from the company after admitting to the scandal at Satyam.
To the Board of Directors,
Satyam Computer Services Ltd. Dear Board Members, It is with deep regret, at tremendous burden that I am carrying on my
conscience, that I would like to bring the following facts to your notice: 1. The Balance Sheet carries as of September 30, 2008 - Inflated (non-existent) cash and bank balances of Rs.5,040 core (as against Rs. 5361 core reflected in the books) - An accrued interest of Rs. 376 core which is non-existent - An understated liability of Rs. 1,230 core on account of funds arranged by me - An over stated debtors position of Rs. 490 core (as against Rs. 2651 [cr.] reflected in the books)
-POSTED BY SATYAM FRAUD NEWS REPORTER ON FRIDAY, JANUARY 9, 2009 AT 2:03 PM FILED UNDER BREAKING NEWS ON SATYAM'S SCAM
Services Offered
Mahindra Satyam provides services in the following areas: 1. Telecom, Infrastructure, Media and Entertainment & Semiconductor 2. Travel Aerospace and Defense 3. Banking, Financial Services & Insurance 4. Energy and Utilities 5. Life Sciences & Healthcare 6. Manufacturing, Chemicals & Automotive 7. Public Services & Education 8. Retail and Consumer Packaged
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1) Health, Safety and Environment . 2) Conflict of Interests. 3) Disclosure of Interest by Director . 4) In case, of any doubts, questions or concerns in regard to any act, transaction or situation, the Directors or Associates must consult the Mahindra Satyams CORPORATE OMBUDSMAN. 5) No Bribery / Inducements / Gift and Hospitality . 6) Non Alliance with Political Parties. 7)Suspected Fraudulent behavior . 8) Truthful Communication . 9) Confidentiality of information