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

Houses of Parliament in night-time

Andrew Orlowski

Come on everybody, let's upload all our stuff into Government by Cloud
Joe Tucci EMC
frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties
Columns of coins in the cloud

Michael Cote

Anything that simple to use has got to be complex to set up

Features

Alistair Darling and Alex Salmond debate Scottish independence
You keep the call centres, Hamish, we'll take the banks
Internet of Things
Everyone loves those Things, just not on each others' terms
No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever