Satyam Clients Looking for alternative as TCS

Clients of India's Satyam Computer Pvt. Ltd. has started looking for alternative as the company been fighting for its future since founder and former chairman B. Ramalinga Raju confessed to a $1 billion fraud on Jan. 7.

Also country's largest software exporter, TCS, on Monday said some Satyam Computer clients have turned to the Tata company on their own, adding it would not approach the clients of the scam-tainted firm.

"We are not approaching the clients of Satyam pro-actively ... but some of them have approached us on their own," TCS CFO S Mahalingam said here on the sidelines of the CII Partnership summit. As per information many clients has terminated its contract with Satyam following the disclosures, citing uncertainty in the company.

Though, Tarun Das, a member of Satyam's new government-appointed board of directors, told reporters Tuesday "We have been approached by potential buyers.

Apparently, Govt. is trying hard to give a life to this company but like its future is still uncertain.

Situations now look as improving again for the IT firm with Kiran Karnik taking over the board. Whatever happens at the sideline is pretty much the same sad story at a global scale.

nice info.keep up

it will not be true...one
since sathyam have more efficient people with them rather than others.
. so wi should clients look for an alternative
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Sathi