GauravBlog Logo

A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

Gaurav's Blog

Categories

April 13, 2009

What do Anand Mahindra and his stalwarts say about the Satyam Bid ?

This evening ,it was interesting to view live on Stock Channels,Anand Mahindra,Vineet Nayyar (MD of Tech Mahindra) and Bharat Doshi (CFO of the M& M Group) and make sense of their sense on being the highest bidder at Rs 58 for Satyam Anand Mahindra reiterated that their’s was yet only the Highest Bid and not the …

What do Anand Mahindra and his stalwarts say about the Satyam Bid ? Read More »

Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken !

The 2 pm media meet by the Board of Directors of Satyam threw up some interesting facts about the Satyam Bidding Process Larsen & Toubro bid was Rs 45.90/share for Satyam Wilbur Ross’s bid was even lower at Rs 20/share ! The winner,Tech Mahindra, bid Rs 58 through it’s 100% subsidiary….the bid spread clearly indicates the …

Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken ! Read More »

winning bid for Satyam is Rs 58/share…Many Questions yet stand

The Satyam Drama continues The winning bid for takeover of Satyam is just announced…Tech Mahindra has emerged as the winning bidder with a bid of Rs 58 share through it’s subsidiary Venturbay Consultants…No other bid comes close to 90% of this bid…Thus other competitive bidders like Larsen & Toubro have bid below Rs 52.20 Tech Mahindra …

winning bid for Satyam is Rs 58/share…Many Questions yet stand Read More »

Scroll to Top