Saturday, March 14, 2009

Bidders identified for Satyam..
























At last Indian Govt. and its new formed Board, is now able to find suitable bidders for the beleaguered Satyam. Currently, there are 8 bidders from different businesses have shown interest in Satyam business and filed Expression of Interest(EOI) to the govt. The bidders include, IT behemoth like IBM and HP and while other firmd include L&T , Spice Telecom, which also shown interest in the company business.

Who ever win the Satyam bid, will certainly take over the board, but at the same time will face with an herculean task of resurrecting Satyam image both at a national and interantional arena, certainly among its clients, who are shifting their business with much stable IT organizations.

Thanks&Regards,
Mohit

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