About 46 customers of Satyam Computer Services have moved their outsourcing contracts to rival tech firms such as TCS, Wipro, IBM and Accenture, ever since the company`s founder and chairman Ramalinga Raju admitted to a financial fraud of over USD 1 billion, reports Economic Times.
Potential bidders for Satyam such as Tech Mahindra, L&T, Spice and iGate are getting all set with their strategy for taking over a majority stake in Satyam, and their financial bids will depend a lot upon the amount of business Satyam has from around over 600 existing customers. It is learnt that Abu Dhabi Bank is among the recent customers to have moved out of Satyam, the bank has shifted its work to 3i Infotech, taking the total client exits to around 46. B.KARTHICK RESEARCH ANALYST WWW.KENCES1.BLOGSPOT.COM <http://www.kences1.blogspot.com/> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
