P.

KIRAN KUMAR

(DM-05-041)
Contents:

 Introduction

 History

 About satyam

 About Mahindra Grp

 Core values

 Achievements

 Enterprise Architecture

 Milestones

 Bibliography
Introduction:

Mahindra Satyam is a leading global business and information technology services company
that leverages deep industry and functional expertise, leading technology practices, and an
advanced, global delivery model to help clients transform their highest-value business
processes and improve their business performance. 

The company's professionals excel in enterprise solutions, supply chain management, client
relationship management, business intelligence, business process quality, engineering and
product lifecycle management, and infrastructure services, among other key capabilities.

Mahindra Satyam is part of the $6.3 billion Mahindra Group, a global industrial conglomerate
and one of the top 10 industrial firms based in India. The Group’s interests span financial
services, automotive products, trade, retail and logistics, information technology and
infrastructure development.

Mahindra Satyam development and delivery centers in the US, Canada, Brazil, the UK,
Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous
clients, including many Fortune 500 organizations.

History:
Satyam changed to Mahindra Satyam

Following the results of Satyam Bid in favors of Tech Mahindra on June 21, 2009 Satyam
Computer unveiled its new brand identity, “Mahindra Satyam.”

This strategic move paves the way for the emergence of a robust brand, which draws from the
core values of the Mahindra Group and the inherent strength of the Satyam brand. The logo will
be adopted from the Mahindra Group, also on this occasion the new appointments of CP
Gurnani as CEO and S. Durgashankar as CFO was confirmed.

 Tech Mahindra, the IT arm of auto major Mahindra and Mahindra, Monday won the bid for
India's fourth largest software exporter Satyam Computer.

Satyam's new board of directors, which met to select the highest bidder, chose Tech Mahindra
following its bid of Rs 1,757 crore for 31 per cent stake in the scam-tainted IT giant.

Tech Mahindra offered Rs 58 for each Satyam share.

The board will now have to inform the Company Law Board (CLB) of its selection. The CLB will
will announce its approval, within a week. The new owner will take over the management only
after CLB's nod.

Engineering major Larsen and Toubro (L&T) and private-equity firm WL Ross were among the
other major contenders for the Hyderabad-headquartered Satyam.

L&T already holds 12.04 per cent stake in Satyam.

The six-member Satyam board is headed by Kiran Karnik, former president of the National
Association of Software and Services Companies (NASSCOM) that represents the software
industry.
Besides Karnik, the board comprises HDFC chairman Deepak Parekh, former Securities and
Exchange Board of India (SEBI) member C Achuthan and Confederation of Indian Industry
(CII) mentor Tarun Das.

Karnik said, "This is the culmination of what we have been through. The final steps are now just
about to be taken and I have very happy that at this stage Satyam is with a new investor. It has
been a great company which was driven off-course. We as a board tried to put the fire and get it
on course and I am pleased to say it has got it there now. There is new captain on board and he
can take it forward as it deserves to be taken forward."

Welcoming the sale of 51 per cent stake in Satyam to Tech Mahindra, Director General CII,
Chandrajit Banerjee said, “Tech Mahindra, a Rs 3,800 crores company is a competent IT services
provider. This would help Satyam come back to its zenith. The takeover by Tech Mahindra
would also immensely help Satyam regain its shareholder value and would also benefit its
employees and customers.”

About Satyam
Satyam, a leading global business and information technology services company, delivers
consulting, systems integration, and outsourcing solutions to clients in numerous industries
across the globe. Satyam leverages deep industry and functional expertise, leading technology
practices, and an advanced, global
delivery model to help clients transform their highest-value business processes and improve
their business performance. The company's professionals excel in engineering and product
development, supply chain
management, client relationship management, business process quality, business intelligence,
enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt,
UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many
Fortune 500 organizations.

About the Mahindra Group

The US $6.3 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is
the market leader in multi-utility vehicles in India. It made a milestone entry into the passenger
car segment with the Logan.
Mahindra & Mahindra is the only Indian company among the top tractor brands in the world.
The Group has a leading presence in key sectors of the Indian economy, including the financial
services, trade, retail and logistics, automotive components, after-market, information
technology and infrastructure development.
Mahindra has made an entry in the two-wheeler segment which will see the company emerge
as a full-range player with a presence in almost every segment of the automobile industry.
Mahindra's Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only
tractor company worldwide to be bestowed this honour. It also holds the distinction of being
the only tractor company worldwide to win the Deming Prize. The US based Reputation
Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The
World's Best Corporate Reputations list.
Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its
first Sustainability

Core Values:
Good Corporate Citizenship

As in the past, we will continue to seek long-term success, which is in alignment with our
country’s needs. We will do this without compromising ethical business standards.
Professionalism
We have always sought the best people for the job and given them the freedom and the
opportunity to grow. We will continue to do so. We will support innovation and well reasoned
risk taking, but will demand performance.
Customer First
We exist and prosper only because of the customer. We will respond to the changing needs and
expectations of our customers speedily, courteously and effectively.
Quality Focus
Quality is the key to delivering value for money to our customers. We will make quality a
driving value in our work, in our products and in our interactions with others. We will do it
“First Time Right”.
Dignity of the Individual
We will value the individual dignity, uphold the right to express disagreement and respect the
time and efforts of others. Through our actions, we will nurture fairness, trust and transparency

Achievements
Mahindra Satyam bags two projects in Latin America

Mahindra Satyam has won two multi-million dollar contracts from two global players for their
Latin American operations. These contracts would be executed by Mahindra Satyam's
subsidiary Satyam Servicos De Informatica Ltda. “We are planning to increase our footprint in
the Latin American market and open opportunities for alliances in the local businesses,” Mr
Arvind Malhotra, Senior Vice-President of Mahindra Satyam, said here in a press release. To tap
the opportunities in the region, the company has strengthened the leadership by appointing Mr
Alberto Rosati as the country head. The subsidiary would have a total of 100 employees in the
next six months. Talking on the new projects, Mr Malhotra said the company would deploy
technology in the Enterprise Business Systems space that would power the supply chain
operations of these organisations. “We are targeting to emerge as the top player in the Latin
American market by leveraging Mahindra Satyam's global delivery model,” he said. — Our
Bureau

Mahindra Satyam expands Malaysia operations

Mahindra Satyam, which is in the process of consolidating its operations after the fraud it
suffered early 2009, has decided to set its eyes on expanding the global operations.

“We have selected Malaysia to kick off a new international expansion,” Mr Rohit Gandhi,
Senior Vice-President (Asia Pacific) of Mahindra Satyam, said.

The company has said that it would move more global software development and delivery
operations to the 15-acre Global Solution Center (GSC) set up at Cyberjaya by the erstwhile
management. The centre has 500 engineers serving local and global customers.

Relocated from its present premises to a larger facility in Cyberjaya, the news centre has 18
configurable Offshore Development Centre blocks, 1,100-seat development block and a data
centre to host 1,100 servers. “This will serve as Mahindra Satyam's largest technology
development and delivery facility outside of India,” he said here on Tuesday in a press release.
The new facility would provide a range of mainstream business and technology functions such
as remote infrastructure management outsourcing, business process outsourcing, software
services and specialty services such as software testing.

“This will accelerate the consolidation of the company's strategy to provide a distributed
delivery capability for global customers,” he said.

The company indicated that the expansion of its Malaysian operations would be a beginning of
further expansion of its global presence.

Mahindra Satyam wins $8-m worth contracts

Mahindra Satyam has announced that it secured contracts worth $8 million from clients in the
MENA (Middle-East and North Africa) region in the second quarter of 2009-10.

“We closed substantial deals with organisations in eight regional countries. This is as part of our
initiative to grow the number of clients from the present 200 companies,” Mr Manojeet
Chowdhury, Head (MENA) of Mahindra Satyam, said here in a statement.

The company was looking at opportunities in the Government, banking, telecom and real estate
sectors in the region.

While the UAE contributed 38 per cent of Mahindra Satyam’s Middle-East revenues, Kuwait
accounted for 13 per cent. “We have signed important clients from Morocco, Oman and Jordan.
The new agreements with five new regional customers and additional orders from three
existing customers involved SAP, Oracle and Business Intelligence solutions,” he said.

“With the renewed confidence of regional customers in our new brand identity, we have high
expectations that more leading companies will be added to our growing client roster in the
future,” he added.

Mahindra Satyam wins $48 mn deal from Denmark

India IT services provider Mahindra Satyam, controlled by Tech Mahindra, today announced
that it has signed a new, four-year offshore contract with KMD, a Denmark based IT company. 

KMD, which specializes in the public sector, signed a renewed contract with Mahindra Satyam
for the next four years, worth approximately $48 million ending in December 2013, said a press
release.

The new contract is an extension of a previous contract that was due to expire this year which
involved the supply of application development, testing and application support services
particularly in the area of SAP which is a growing business for the Danish IT company. 

The new contract involves stronger partnership and multi-fold increase in business
commitment with offshore work conducted in a development center in Bangalore. The scope of
application development work covered would primarily include SAP, as well as other
technologies such as Mainframe applications  

According to Lars Monrad-Gylling, CEO of KMD, “We have chosen SAP as a strategic
technological platform for our development work and consider it a common cornerstone to
enable coherence between systems, global market standards and to offer our customers greater
openness and freedom of choice. Mahindra Satyam’s outstanding competencies in this area
were a major factor in our decision to extend the contract.”

He added that the offshoring project with Mahindra Satyam allows KMD to achieve even
greater growth in the SAP development area and allows it to offer customers a reduced time to
market. 

C P Gurnani, CEO of Mahindra Satyam commented, “We view this significant contract award
as a great endorsement of the quality of work we have already delivered and a real testament to
the success of the partnership that has developed between the two companies. We look forward
with anticipation to the next phase of this relationship.”

Mahindra Satyam turns profitable for L&T

Larsen & Toubro’s investment in shares of Mahindra Satyam (erstwhile Satyam Computer
Services) is currently back in the black, with the company’s scrip appreciating sharply. The
Satyam shares, bought over December and January at an average price of Rs 79 a share, are now
quoting at over Rs 103 on the bourses.

Last week, Mahindra Satyam’s share price crossed Rs 100, taking the market value of L&T’s
investments of around Rs 640 crore to well above Rs 800 crore.

During the bidding process for Satyam, all the bidders, including L&T, had to agree to a six-
month lock-in period for their investments made in the company. L&T can thus exit from
Mahindra Satyam only after October 14.

“We have not thought about disinvestment, we will wait and deicide at an appropriate time; we
think there is definite value in the investment that we made,” Mr Y. M. Deosthalee, Chief
Financial Officer, L&T, said.

The L&T management had come in for much criticism post its investment in Satyam shares.
“For us the investment was from a strategic perspective, we saw lot of synergy in L&T Infotech
and Satyam, so we invested,” Mr Deosthalee said.

Earlier, in L&T’s March quarter financial results, the company had provisioned Rs 186.28 crore
with respect to L&T Capital’s investment in Satyam Computer shares as they tanked on the
bourses.

In December 2008, L&T Capital, a subsidiary of L&T, had picked up a 3.95 per cent stake in
Satyam, a little before Satyam’s founder-chairman, Mr Ramalinga Raju, made his dramatic
disclosure of fraud in his company.
L&T spent Rs 418 crore at an average of Rs 157 a share. In January 2009, (after Mr Raju’s
disclosure) L&T bought another eight per cent stake at an average of Rs 35 a share in the
secondary market for Rs 176.42 crore. The scrip plunged to a low of Rs 6.30 per share on the
NSE and Rs 11.50 per share on the BSE on January 9, 2009, after Mr Ramalinga Raju’s
disclosures on January 7.

On Tuesday Mahindra Satyam shares closed at Rs 103.60 on the BSE.

Lower stake

In all, L&T had invested about Rs 640 crore for around 12.04 per cent stake in Satyam Computer
Services at an average price of Rs 79 per share before the takeover of the company by Tech
Mahindra in April.

After issue of 31 per cent fresh shares to Tech Mahindra, L&T’s stake in Mahindra Satyam
stands at 8.81 per cent as per the shareholding pattern disclosed by the company to the stock
exchanges.

Though L&T was said to be a strong contender for the beleaguered Satyam, its bid of Rs 45.90
per share was way below Tech Mahindra’s offer of Rs 58 a share.

After L&T had acquired 8 per cent Satyam shares on January 23, the L&T share price had
dipped 3.47 per cent, to close at its 52-week low of Rs 641 on the BSE. The L&T share price has
more than doubled since then and, on Tuesday, closed at Rs 1,494.45 on the BSE

Mahindra Satyam to absorb 1,000 campuses hires

The 8000-odd campus recruits who have been waiting in the wings to join Mahindra Satyam for
over a year now finally have something to cheer about.

Mr Hari T, Mahindra Satyam`s Chief Peoples Officer, said on Thursday that the company plans
to bring on board around 1,000 freshers starting December.

“We have started the process of reaching out to those who have been waiting to join the
company. My HR team is working on it,” Mr Hari told newspersons on the sidelines of the
National HRD Conference.

However, he did not specify a timeframe by when the company would complete the process of
inducting the remaining 7000 recruits. In March last, several of these recruits started a union –
Satyam Freshers’ Union – and made it an affiliate of Radical Democratic Corporate Employees
Congress, to give a unified voice to their demand for being inducted in the then Satyam
Computer Services.

Mahindra Satyam still has around 4,500 employees, with experience ranging from three to five
years, under its virtual pool programme.
Enterprise Architecture
Mahindra Satyam’s Enterprise Architecture (EA) Practice helps organizations in:

 Drawing up vision for their business

 Assessing their current strengths and weaknesses, and
 Identifying and bridging the gaps between the current state and the desired state in a
planned manner

Our architects are certified in enterprise architecture frameworks such as The Open Group
Architecture Framework (TOGAF) and have hands-on experience in using tools such as IBM
Telelogic’s System Architect and Sparx Systems’ Enterprise Architect. We employ industry
standard frameworks and tools to provide customers with business and IT alignment leading to
growth and prosperity of the customers’ businesses.
Our offerings in Enterprise Architecture include:

 Enterprise Architecture Definition

o Development of AS-IS and TO-BE
o Business, Information, Applications and Infrastructure Architectures
o Architecture Development Method
 Roadmap Definition
 Enterprise Architecture Evaluation / Review of Frameworks
 Enterprise Architecture Implementation (tool based support) like Telelogic, System
Architect, Enterprise Architect etc.
 Enterprise Architecture Governance
 Enterprise Architecture Artifacts

Milestones:
 Unveils the new brand identity, “Mahindra Satyam”
 Tech Mahindra announces an open offer to buy an additional 20% in Satyam from
existing shareholders
 Tech Mahindra acquires a 31% stake (Preferential Shares) in Satyam
 Venturbay Consultants Private Limited, a Tech Mahindra subsidiary, emerges as the
highest bidder to acquire a controlling stake in Satyam.

Awards:
Awards Awarded By
Hyderabad Organizational unit assessed at a maturity level 5 on KPMG
the SEI CMMI version 1.2 in Jan 2009
“Excellence In Practice” recognitions for learning American Society for
Training &
Development (ASTD)
Declared as Voice-Ready partner for Microsoft Unified Microsoft
Communications
Moves up to be among the Top 10 in Training Top 125 list Training magazine
Awards for excellence in Leadership Development, Marketing & Corporate University
Communications of Brand Value of Learning, and Strategic Xchange (CorpU)
Alignment of Learning to Business Strategies
Progressive Manufacturing 100 Award for Rain CII Carbon Managing Automation
Media

Mahindra Satyam’s deal certifies revenue visibility

BL Research Bureau Mahindra Satyam’s deal with defense and security solutions company Saab
brings in long-term revenue visibility for the former.

The deal, estimated to be $400 million over a five-year time frame, marks a continuation in the
series of large deals that the company has won in recent times.

In an interview to the media, a company official had indicated that Satyam was construed to be
a $1-1.2-billion annual run-rate company. If that is indeed the case, this deal, if apportioned
equally over five years, will account for over 7 per cent of Satyam’s annual revenues.

Satyam and Saab have a partnership in building a Centre of excellence, focused at developing
solutions for mission-critical defense operations.

Saab has also won several deals in India from the defense.
With spends on internal security in India likely to go up, Satyam may be well placed to tap into
incremental opportunities that arise from the association with Saab.

From Satyam’s standpoint, the last few months have seen the return and revival of several of its
large clients. GE, GlaxoSmithKline, OC Tanner and the deal from Saab are all multi-million,
multi-year deals that the company has won in recent times.

This also suggests the return in confidence of clientele with the new management in place,
allaying fears of a mass exodus that was envisaged earlier by the markets.

Satyam’s workforce has also reduced considerably. From employee strength of over 48,000,
Satyam has a rather trim headcount of around 28,000, which may have helped optimize costs
substantially, especially seen in context with its likely revenues.

Bibliography:
www.google.co.in

www.mahindrasatyam.com

www.financeyahoo.com