Satyam Drops in Mumbai Trading

Satyam Drops in Mumbai Trading

Racha Ramesh/Bloomberg

The headquarters of Satyam Computer Services Ltd. stands in Madhapur, Hyderabad, India. The software exporter dropped 6 percent to 72.30 rupees in Mumbai trading, the biggest intraday decline since Feb. 9. Net loss was 3.27 billion rupees ($72 million) in the three months ending March 31, according to a statement to the Bombay Stock Exchange today.