IGate interested in Satyam...!!  

Posted by ChEthAn in

Good news for Satyam investors and employees

According to latest news iGate Corp, has informed the Satyam that it would be interested in buying it. “We would be interested in buying Satyam, assuming we can figure out what their liabilities are,” Phaneesh Murthy said in a telephone interview.If its liabilities were more than $1.25 billion then iGate would be not interested in buying satyam. Currently iGate having about $65 million of cash.

Based on this news Satyam surges by 19% in today's trade.

This entry was posted on Friday, January 23, 2009 at Friday, January 23, 2009 and is filed under . You can follow any responses to this entry through the comments feed .

1 comments

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IF THIS DEAL WILL TAKE PLACE SATYAM PPL HAVE SOME GOOD NEWS AND BREATH IN EASE .BUT I WORRIED ABOUT ARE THEY WILL GAIN REPUTATION BACK WHICH THEY RUINED
AND WHAT ABOUT PRESENT STRESS WHICH THEY ?(SATYAM EMPLOYEE)HAVE.PERTICULARLY THEY RUINED ALL OVER INDIAN INFORMATION TECHNOLOGY MARKET REPUTATION.DUE TO THEM GENUINE PPL HAVE TO SUFFER .AS THIS DAYS WILL NOT LAST BUT THEY SUFFER WHO WILL PAY FOR THAT?EVERY INDIAN INFO RELATED PPL HAVE QUESTION MARK?THEY HAVE TO PRODUCE CERTIFICATE OF AUTHENCITY AND TRUTHFULNESS.SOMETIME IT MAKE BIG PSYCHOLOGICAL PROBLEM TO HUMAN NATURE.EVENTHOUGH THEY R NOT RESPONSIBLE FOR SATYAM SCAM .

January 26, 2009 at 4:26 PM

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