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.

Forums

Opinion

iot_internet_of_things

Chris Mellor

EMC is ahead overall with HDS mounting an IoT catch-up
Ship scrapyard photo via Shutterstock
Windows 10 Universal Apps

Features

Handing over dollars picture via Shutterstock
Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away
Time to pull out the magnifying glass to swot up on those Ts&Cs