Puzzled
So how do you bid for a company with no proper accounting of its assets? Quite low I expect. Maybe the US should use some of that TARP money and throw out a bid?
Satyam races to find buyer ahead of Indian election
Satyam hopes the sale of its majority stake will be completed before the Indian general election which starts in mid-April. The company has a shortlist of bidders for its business but they are likely to have to bid blind for the firm - they will be given access to Satyam's books, or rather a "data room", but the full restatement …
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Well at least they are consistent
and want you to trust them whether buying their service or company - but trusting them is a bit like trusting a Nigerian Prince contacting you via email
It still hasn't "clicked" with the Indian It industry!
Satyam is not a viable concern to any right minded person - the Indian outsource bubble has burst with the revelations of malpractice in January - add the Wipro debacles and the World Bank ban and it is a busted flush. Do not place any bets
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Opinion
David McLeman
My 25 years of comical IT buzzwords
Tim Worstall
Time to take a sniff at the coffee, perhaps
Chris Mellor
Will they have to drag him back like last time?
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