After a long three month time, when India`s software giant comes in picture because of 7000cr Rs fraud, Now Government appointed board has done an excellent job in choosing a strategic investor for Satyam Computers. It can be said as a record time when a big company like Satyam has got a new strategic investor. Today morning there were speculations that L&T, Tech Mahindra, Wilbur Ross, Congnizant. Now it is cleared that Mahindra and Mahindra subsidiary Tech Mahindra will be new owner for Satyam Computers.
TV Sources says that Tech Mahindra has bid arround Rs58/share while L&T has bid nearly 49.5 Rs. Now after CLB (Company Law Board)approval Tech Mahindra has to made an open offer in a period of four days.
Now the main question will be how it will impact Satyam`s customers, Employees. Well Surely customers will gain confidence that company is now stable and in good hands of management. From the employees front , everybody is now concerned how the new management will shape up the business for the company.
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