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Saturday, September 25, 2010

Mahindra Satyam shares rise ahead of board review of results

Shares in Indian IT services firm Mahindra Satyam rallied for a second day on Wednesday as investors awaited financial results at the firm that was hit by India's biggest corporate scandal nearly two years ago. 

The shares climbed as much as 5.4 percent, adding to more than 7 percent rise on Tuesday when the company said its board would review its audited financial results for fiscal years 2009 and 2010 on Sept. 29.

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