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Satyam Computer Services
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NSE Announcements on Satyam
Posted by :
MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange that the Compensation committee of Directors of the Company allotted 8085 equity shares through circular resolution on November 20, 2008, approved on November 21, 2008 under stock option plans of the Company. Consequent to the above allotment, the paid up share capital of the Company has gone up from 673,804,346 equity shares of Rs. 2 each aggregating Rs. 1,347,608,692.00 to 673,812,431 equity shares of Rs. 2 each aggregating Rs. 1,347,624,862.00....
BSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed BSE that the Compensation Committee of Directors of the Company allotted 8085 equity shares through circular resolution on November 20, 2008, approved on November 21, 2008 under stock option plans of the Company.
Consequent to the above allotment, the paid up share capital of the Company has gone up from 673,804,346 equity shares of Rs 2/- each aggregating Rs 1,347,608,692.00 to 673,812,431 equity shares of Rs 2/- each aggregating Rs 1,347,624,862.00....
Satyam down target=99....
Posted by :
snackTracked by: 3 Boarders
Yep. With Narendra Modi at the helm, it`s no wonder that it works great there......
In reply to:
Satyam down target=99....
Posted by : Guest
This EMRI popularly known as 108 is successfully working in Gujarat.
There is no problem in Gujarat with 108. 
Satyam down target=99....
Posted by : GuestTracked by: 3 Boarders
This EMRI popularly known as 108 is successfully working in Gujarat.
There is no problem in Gujarat with 108....
In reply to:
Satyam down target=99....
Posted by : snack
What a pity...one more good venture being dragged down.
The EMRI was a wonderful initiative - similar to the 911 services in USA. In fact I have seen the ambulance a couple of times responding to an urgent need and saving the affected persons. At a time when the government should be creating all these, some corporates have come forward. But such negative issues are only going to affect such ventures and future intiatives will only get dampened.
I guess we deserve to be in the dark ages...with the kind of politicians around... incidentally there never seems to be any PIL succeeding against politicos.. they just go scot free.
Satyam down target=99....
Posted by : snackTracked by: 3 Boarders
What a pity...one more good venture being dragged down.
The EMRI was a wonderful initiative - similar to the 911 services in USA. In fact I have seen the ambulance a couple of times responding to an urgent need and saving the affected persons. At a time when the government should be creating all these, some corporates have come forward. But such negative issues are only going to affect such ventures and future intiatives will only get dampened.
I guess we deserve to be in the dark ages...with the kind of politicians around... incidentally there never seems to be any PIL succeeding against politicos.. they just go scot free. ...
In reply to:
Satyam down target=99....
Posted by : sambala
Rs 5,600 cr scam in ambulance services?
NEW DELHI: Health minister Anbumani Ramadoss`s ambitious project -- to start 108 ambulance services in various cities across India in collaboration with Satyam Computer`s Emergency Management Research Institute (EMRI) -- has run into trouble with a PIL in the Supreme Court alleging that it smelled a gigantic scam to the tune of Rs 5,600 crore.
The PIL by two NGOs -- Ambulance Access Foundation India (AAFI) and Transparency in Contracts (TIC) -- claimed that EMRI had signed memorandum of understanding (MoU) with 10 states to provide ambulance and emergency response services without any call of tender.
It said the funds for the operation of ambulance services and emergency response services, to be operationalised by EMRI, would be provided by the states from the central grants it receive under National Rural Health Mission (NRHM).
A Bench comprising Chief Justice K G Balakrishnan and Justice P Sathasivam entertained the petition on Monday and issued notices to the Union health ministry and Andhra Pradesh, Gujarat, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttarakhand, Goa, Assam, Haryana, Punjab, Karnataka and Maharashtra, asking them to respond to the charges levelled by the PIL filed through advocate Siddharth Chowdhury.
However, the Bench directed deletion of the name of former President A P J Abdul Kalam, who is chairman emeritus of EMRI, and other persons in the management saying the organisation could respond to the charges rather than individuals.
Arguing for the PIL petitioners, senior advocate Rajeev Dhawan said, "EMRI is all set to withdraw an estimated amount of Rs 3,800 crore from public funds and get control and possession of approximately 500 acres of prime government land in state capitals and leading cities valued at Rs 1,800 crore."
He added, "The misuse of public money and siphoning off of prime government land is made possible due to lack of transparency in the process and is possibly one of the biggest scams in post-independent India as the process of award of contracts to operate ambulances and emergency response services had been effected without following the due process for award of contracts."
The PIL sought a thorough probe into the manner of awarding contracts to EMRI through non-transparent MoUs. It also wanted the court to direct the states to take back the ambulances from EMRI and run them on their own and award exemplary damages against the errant firm.
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange that the Compensation committee of Directors of the Company allotted 6994 equity shares through circular resolution on November 18, 2008, approved on November 19, 2008, under stock option plans of the Company. Further, consequent to the above allotment, the paid up share capital of the Company has gone up from 673,797,352 equity shares of Rs.2/- each aggregating Rs. 1,347,594,704.00 to 673,804,346 equity shares of Rs.2/- each aggregating Rs. 1,347,608,692.00...
BSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed BSE that the Compensation Committee of Directors of the Company allotted 6994 equity shares through circular resolution on November 18, 2008, approved on November 19, 2008 under stock option plans of the Company.
Consequent to the above allotment, the paid up share capital of the Company has gone up from 673,797,352 equity shares of Rs 2/- each aggregating Rs 1,347,594,704.00 to 673,804,346 equity shares of Rs 2/- each aggregating Rs 1,347,608,692.00....
Satyam down target=99....
Posted by : sambalaTracked by: 3 Boarders
Rs 5,600 cr scam in ambulance services?
NEW DELHI: Health minister Anbumani Ramadoss`s ambitious project -- to start 108 ambulance services in various cities across India in collaboration with Satyam Computer`s Emergency Management Research Institute (EMRI) -- has run into trouble with a PIL in the Supreme Court alleging that it smelled a gigantic scam to the tune of Rs 5,600 crore.
The PIL by two NGOs -- Ambulance Access Foundation India (AAFI) and Transparency in Contracts (TIC) -- claimed that EMRI had signed memorandum of understanding (MoU) with 10 states to provide ambulance and emergency response services without any call of tender.
It said the funds for the operation of ambulance services and emergency response services, to be operationalised by EMRI, would be provided by the states from the central grants it receive under National Rural Health Mission (NRHM).
A Bench comprising Chief Justice K G Balakrishnan and Justice P Sathasivam entertained the petition on Monday and issued notices to the Union health ministry and Andhra Pradesh, Gujarat, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttarakhand, Goa, Assam, Haryana, Punjab, Karnataka and Maharashtra, asking them to respond to the charges levelled by the PIL filed through advocate Siddharth Chowdhury.
However, the Bench directed deletion of the name of former President A P J Abdul Kalam, who is chairman emeritus of EMRI, and other persons in the management saying the organisation could respond to the charges rather than individuals.
Arguing for the PIL petitioners, senior advocate Rajeev Dhawan said, "EMRI is all set to withdraw an estimated amount of Rs 3,800 crore from public funds and get control and possession of approximately 500 acres of prime government land in state capitals and leading cities valued at Rs 1,800 crore."
He added, "The misuse of public money and siphoning off of prime government land is made possible due to lack of transparency in the process and is possibly one of the biggest scams in post-independent India as the process of award of contracts to operate ambulances and emergency response services had been effected without following the due process for award of contracts."
The PIL sought a thorough probe into the manner of awarding contracts to EMRI through non-transparent MoUs. It also wanted the court to direct the states to take back the ambulances from EMRI and run them on their own and award exemplary damages against the errant firm.
...
In reply to:
Satyam down target=99....
Posted by : sambala
Satyam Computers and Maharashtra govt for Mega scam in medical SOS service
Mega scam in medical SOS service
Mumbai: Barely a month after the state cabinet gave the green signal to appoint a Satyam Computers-led firm as the main emergency medical service provider for its rural areas, the multicrore project has hit a road-block.
The Supreme Court on Monday issued notices to Maharashtra, along with nine other states, to respond to charges levelled by the PIL claiming that the 108 ambulance service (provided by Satyams-promoted Emergency Medical Research Institute (EMRI)) smacked of a gigantic scam to the tune of Rs 5,600 crore. *
Lack of ambulance tender raises eyebrows
*
Mumbai: The Supreme Court has taken note of a petition alleging a gigantic scam in the emergency ambulance service. Maharashtra is still to sign a memorandum of understanding with EMRI, but nine states and Union health minister Anbumani Ramadoss have already done so. The Centre`s MoU is reportedly worth Rs 3,000 crore for the provision of ambulances across state highways and the use of 108 software which combines responses to the fire department, police and ambulance service.
The fact that the MoUs between EMRI and the states and the Centre were signed without calling for a tendering process has reportedly raised eyebrows. India has half-a-dozen ambulance providers who have currently filed tenders in states such as Delhi and Bihar.
On Monday, an SC bench comprising CJI K G Balakrishnan and Justice P Sathasivam entertained the petition filed through advocate Siddharth
Chowdhury, issued notices to the health ministry and Andhra, Gujarat, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttarakhand, Goa, Assam, Haryana, Punjab, Karnataka and Maharashtra, asking them to respond to the charges levelled by the PIL.
Maharashtra had in October decided to sign on EMRI as the emergency service provider in rural Maharashtra, at a cost of Rs 310 crore over the next three years. On Monday, Maharashtra health minister Vimal Mundada said,
Satyam down target=99....
Posted by : sambalaTracked by: 3 Boarders
Satyam Computers and Maharashtra govt for Mega scam in medical SOS service
Mega scam in medical SOS service
Mumbai: Barely a month after the state cabinet gave the green signal to appoint a Satyam Computers-led firm as the main emergency medical service provider for its rural areas, the multicrore project has hit a road-block.
The Supreme Court on Monday issued notices to Maharashtra, along with nine other states, to respond to charges levelled by the PIL claiming that the 108 ambulance service (provided by Satyams-promoted Emergency Medical Research Institute (EMRI)) smacked of a gigantic scam to the tune of Rs 5,600 crore. *
Lack of ambulance tender raises eyebrows
*
Mumbai: The Supreme Court has taken note of a petition alleging a gigantic scam in the emergency ambulance service. Maharashtra is still to sign a memorandum of understanding with EMRI, but nine states and Union health minister Anbumani Ramadoss have already done so. The Centre`s MoU is reportedly worth Rs 3,000 crore for the provision of ambulances across state highways and the use of 108 software which combines responses to the fire department, police and ambulance service.
The fact that the MoUs between EMRI and the states and the Centre were signed without calling for a tendering process has reportedly raised eyebrows. India has half-a-dozen ambulance providers who have currently filed tenders in states such as Delhi and Bihar.
On Monday, an SC bench comprising CJI K G Balakrishnan and Justice P Sathasivam entertained the petition filed through advocate Siddharth
Chowdhury, issued notices to the health ministry and Andhra, Gujarat, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttarakhand, Goa, Assam, Haryana, Punjab, Karnataka and Maharashtra, asking them to respond to the charges levelled by the PIL.
Maharashtra had in October decided to sign on EMRI as the emergency service provider in rural Maharashtra, at a cost of Rs 310 crore over the next three years. On Monday, Maharashtra health minister Vimal Mundada said,
...
In reply to:
Satyam down target=99....
Posted by : marketman
Satyam stock price can fall to double digit mark in a year or two....
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange regarding a press release dated November 18, 2008, titled "Satyam Placed in Leaders Quadrant for Application Services by Leading Industry Analyst Firm". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed BSE regarding a Press Release dated November 18, 2008 titled "Satyam Placed in Leaders Quadrant for Application Services by Leading Industry Analyst Firm"...
Satyam down target=99....
Posted by : vkk43Tracked by: 3 Boarders
Thanks for your views. All tech shares look weak going forward....
In reply to:
Satyam down target=99....
Posted by : marketman
Satyam stock price can fall to double digit mark in a year or two....
Satyam down target=99....
Posted by : marketmanTracked by: 3 Boarders
Satyam stock price can fall to double digit mark in a year or two.......
In reply to:
Satyam down target=99....
Posted by : vkk43
Thanks for this info.
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange that the Compensation committee of Directors of the Company allotted 8,927 equity shares through circular resolution on November 14, 2008, approved on November 17, 2008, under stock option plans of the Company. Further, consequent to the above allotment, the paid up share capital of the Company has gone up from 673,788,425 equity shares of Rs.2/- each aggregating Rs. 1,347,576,850.00 to 673,797,352 equity shares of Rs.2/- each aggregating Rs. 1,347,594,704.00...
NSE Announcements on Satyam
Posted by : MMB MessengerTracked by: 0 Boarder
Satyam Computer Services Ltd has informed the Exchange regarding a press release of Satyam BPO Limited, companys subsidiary company dated November 17, 2008, titled "Satyam BPO Among Top 4 in 2008; Global Six Sigma and Business Improvement Awards; Innovative Animation Methodology Cited". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
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