The Channel logo

back to article Satyam sold to BT-backed Indian firm

Tech Mahindra looks set to seize control of Satyam - the almost terminally troubled Indian outsourcer. Tech Mahindra has paid $351m for a 31 per cent stake in the firm - on top of the 31 per cent it already owned. This gives a rough value for Satyam of $1bn, a good premium on its current share even if it is only a fraction of …

COMMENTS

This topic is closed for new posts.
Black Helicopters

Tech Mahindra bought a bunch of spaghetti coders. Congratulations!

I have a broken CRT and a pile of old floppy disks, Maybe Tech Mahindra would want to buy them for a few million?

0
0
Gold badge
Flame

Looks like those Indian call centres

are going to be with us for a *long* time to come.

Inadequately trained staff who will flat out lie to you when asked to do something not in their script.

Managers who know jack s*(t about anything.

Some "Trainer" who will call you up and you how sorry they are.

I'm stuck with them for home phone. B*((%$d if I'll go with them for a single damm thing else.

There is *no* way they will ever be the cheapest option given the huge BT rump to be supported.

0
0
This topic is closed for new posts.

Opinion

Microsoft CEO Satya Nadella
ARA_LIbertad

Chris Mellor

Elliott Management sinks its teeth into retiring godhead
Satya Nadella
cloud computing Fight

Features

Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club
SAP Match Insights
Vorsprung durch grossendatatechnik, as we like to say in Germany
Inside the Google Lab where surgeons prepare the human/dog experiment
Big Blue exec tells El Reg what to keep an eye on