- Dow Jones' Release of the Market Moving News Sent Shares of Both Satyam and Tech Mahindra Sharply Higher - NEW YORK, April 27 /PRNewswire/ -- On April 13, 2009, Dow Jones Newswires was first with news that Tech Mahindra was the top bidder to buy a stake in rival Satyam Computer Services. The much anticipated sale, which is expected to help revive the troubled Indian outsourcing company, could put an end to the turmoil that started in January after Satyam's founder revealed that he had overstated its profits over several years and created a fictitious cash balance of more than $1 billion. Dow Jones broke the news soon after the bids were opened, along with details on the price offered and other bids submitted. Rival news organizations Thomson Reuters and Bloomberg failed to immediately match the story - Bloomberg cited a TV report several minutes later, while Reuters did not report the news until Satyam's announcement 44 minutes later. Soon after the Dow Jones report hit the wire, shares of Tech Mahindra shot up over 19%, while Satyam shares hit a high of INR54.90, before closing 3.6% higher at INR48.85. Tech Mahindra ended up 12.31% at INR359.45. More than 435,000 financial professionals in 66 countries turn to Dow Jones for breaking news, commentary and analysis, including market moving corporate, economic, market, financial and political news. Reporting from nearly 90 bureaus across the globe, Dow Jones publishes up to 12,000 news items each day, in 11 languages, covering all asset classes. Dow Jones' products help its customers build relationships, create market opportunities and enhance trust in their services. For more information about Dow Jones Newswires, visit http://www.dowjonesnewswires.com/ or to learn more about the Dow Jones Enterprise Media Group, visit http://www.solutions.dowjones.com/. ABOUT DOW JONES Dow Jones & Company (http://www.dowjones.com/) is a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com/). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S. DATASOURCE: Dow Jones & Company CONTACT: Tiffany Richardson of Dow Jones Enterprise Media Group, +1-609-627-2101, Web Site: http://www.dowjonesnewswires.com/

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