Satyam Computer Services presently trades at Rs.50.55, which is up by 0.70 points from its past closing of Rs.49.85 on the Sensex.

According to the reports, the Spice Group wanted to acquire a stake in Satyam Computer Services, making the first obvious bid for the software company fighting to survive after Raju admitted to a Rs.7,136 crore accounting scam.

Chief municipal magistrate held the orders on the bail appeal of the Price Waterhouse auditors, T Srinivas and S Gopalakrishnan, for 2nd of February.

7.87 crore shares were traded in the counter on BSE. The stock got a high of Rs.60 and a low of Rs.44.40 till now.

Satyam Computer Services is said to have nearly finalized the names of the chief financial officer (CFO) and chief executive officer (CEO) of the company.

At present, Satyam Computer Services trades at Rs.52.30, which is up by 5.15 points from its earlier ending of Rs.47.15 on the Sensex.

Scam-hit Satyam Computer Services yesterday declared the names of Goldman Sachs and Avendus as investment bankers.

Satyam board held a meeting today in Hyderabad, and is likely to have discussions regarding a planned partner to guide the company onward among other issues facing the company since the Rs.7,800 crore scam came to light.

Maytas Infra has come forward with the lowest bid for the building rights of Bhutan’s Dagachu Hydropower Plant.

At present, Satyam Computer Services trades at Rs.46 high by 7.15 points from its earlier ending of Rs.38.85 on the Sensex.