Monday, April 13, 2009

Satyam handover to TechMahindra


Once termed as the 4th largest IT company in India, the NASDAQ listed Satyam today finally loss its identity when TechMahindra, a M&M flagship company took controlling stake in Satyam, offered a 58per share, while the nearest bid was laid by Engineering giant L&T, which was Rs46 pershare.

Though TechMahindra won the initial battle of acquiring ailing Software giant, but the revival task will not be that easy.

1. First and foremost task is to improve its international image.

2. Rebuild confidence among its exisiting clients.

3. Retain exisiting talent, and to attract talent from outside.

4. How to get rid of list of liabilities as soon as possible, and make the company operations profitable.

5. How to make best use of its assets so as to reduce operational cost ?

Lets see how Mr. Anand Mahindra and his team will clear up the mess created my the legendary B. Ramalinga Raju.

http://ibnlive.in.com/news/satyam-poses-challenges-says-tech-mahindra/90168-7.html

Thanks&Regards,
Mohit

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