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Satyam Computer Services Limited

Mahindra Satyam (formerly Satyam Computer Services Limited) was an Indian information technology (IT) services company based in Hyderabad, India, offering software development, system maintenance, packaged software integration and engineering design services. Satyam Computer Services was listed on the Pink Sheets, the National Stock Exchange and Bombay Stock Exchange and provided services to a wide range of customers including 185 Fortune 500 companies.In January 2009 the company’s founder and chairman by Ramalinga Raju admitted inflating the company’s assets by $1 billion, leading to criminal charges and a collapse of the company’s stock price. In April 2009 the $14 billion Mahindra Group’s IT arm, Tech Mahindra, purchased a major stake in the company and in June 2009 the company renamed itself Mahindra Satyam. Mahindra Satyam merged with Tech Mahindra on 24 June 2013.

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69 International Brands from India

Cover Image For List : 69 International Brands From India

The more multinational a country produces, the more powerful it becomes financially. Let us know about some such multinational companies that emerged in India. India is one of the fastest-growing economies in the whole world. For quite a long time, India Inc. is reaping the benefits of globalization, and its huge potential in the international…

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