In a move Mahindra Group Vice-Chairman Anand Mahindra termed a “game changer”, Tech Mahindra emerged the highest bidder for Satyam. If it goes through, the deal will give Tech Mahindra a seat at the high table of the Indian IT services business. It will also mark the end of the uncertainty surrounding Satyam, though...
Posts Tagged ‘ Satyam ’
Satyam employees join Bank of America
About 250-300 employees from Indian outsourcer Satyam Computer Services are joining Bank of America, the Business Standard newspaper said on Wednesday. The employees were working on a Satyam project for Merrill Lynch, which was taken over by the U.S. bank after it was hit by the subprime crisis last year, it said. The project...
Spice probable to withdraw from Satyam Bid
Spice Group on Wednesday alleged that there was no openness and transparency in the bidding for Satyam Computer and said it would soon decide on whether to go ahead with the bidding process. “We feel there is no openness and transparency… The Satyam board is now talking about another short listing of bidders. We...
