Monday, February 23, 2009

Satyam recovery- Satyam wins new business worth USD 250 Mn / 1245 cr INR

The Satyam recovery process has seen a clear increase in momentum.
Satyam Board announce that since Jan 7,satyam wins new projects worth USD 250 Mn (1245 cr INR -approx) from the major industries. In only about few weeks since the unsettling event, satyam has won several new projects, and some extensions from the existing customers.

The Board also announced that it had approved a process for inviting strategic investors. Further details will be revealed following regulatory clearances,expected in the next few days.

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