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ABOUT COMPANY
Tech Mahindra announced its merger with Mahindra Satyam on March 21, 2012, after the board of two companies gave the approval,to build a 2.5 billion dollers IT Company in India. The two firms had received the go-ahead for merger from the Bombay Stock Exchange and the National Stock Exchange. On June 11, 2013, Andhra Pradesh High Court gave its approval for the merger of Mahindra Satyam with Tech Mahindra,after Bombay high court already gave its approval. Vineet Nayyar said that technical approvals from the Registrar of Companies in Andhra Pradesh and Maharashtra are required which will be done in two to four weeks, and within 8 weeks,new merged entity will be in place,a new organisation chart would also come into force led by Anand Mahindra as Chairman, Vineet Nayyar as Vice Chairman and C. P. Gurnani as the CEO and Managing Director. On June 25, 2013,Tech Mahindra announced completion of Mahindra Satyam's merger with itself to create nation's fifth largest software services company with a turnover of USD 2.7 billion.
Tech Mahindra got the approval from the registrar of companies for the merger late in the night at 11:45 pm on June 24, 2013. July 5, 2013 has been determined as record date on which the Satyam Computer Services 'Mahindra Satyam' shares will be swapped for Tech Mahindra shares under the approved scheme, which was approved by both the boards. Mahindra Satyam as Satyam Computer Services, was suspended from trading with effect from July 4, 2013, following its merger with Tech Mahindra.
Company : Tech Mahindra
No of posts : Multiples
Job category : Various positions
Qualification : B.Tech / diploma
Salary details : 45,000 per month
Apply mode : Online
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