Satyam Computer Services is all set to get a new owner, as the board gets ready to open the final bids on Monday. This will help put the company back on track after the admission of the Rs 7,000 cr fraud by its own founder and chairman Ramalinga Raju.
The new buyer is likely to phase out the brand Satyam to help rebuild the company.Whosoever the new owner may be, it will certainly be a good buy considering the marquee client list, and the depth of experience with the Satyam staff.
The board has invoked some clauses like the winner cannot leverage Satyam’s assets and cannot sell them for a required period of time. But despite the over $100 mn in liabilities and a loss of about 40 clients in three months like State Farm Insurance, Coca-Cola, it continues to draw interest from global players like IBM, Cognizant Technologies, British Telecom, and Wilbur Ross and local players like L&T, TechMahindra and so on.
Showing posts with label Ramalinga Raju. Show all posts
Showing posts with label Ramalinga Raju. Show all posts
Sunday, April 12, 2009
Wednesday, February 4, 2009
Some facts about Ramalinga Raju's Lifestyle.
The disgraced IT czar Ramalinga Raju had 321 shoes, 310 belts, 1000 suits. This shows that he was addicted to fashion. He liked to dress well.
More over he used to donate Gold in form of charity to many big temple in Andhra Pradesh. If collated it would be a very huge number of 2 tonnes.
More over he has a telescope valued over Rs 1 crore. I don't understand why he needed a telescope.
He liked to collect trophy properties around the world. He had mansions and villas in over 63 countries according to source. TOI
In any ways he didnt help Satyam.
More over he used to donate Gold in form of charity to many big temple in Andhra Pradesh. If collated it would be a very huge number of 2 tonnes.
More over he has a telescope valued over Rs 1 crore. I don't understand why he needed a telescope.
He liked to collect trophy properties around the world. He had mansions and villas in over 63 countries according to source. TOI
In any ways he didnt help Satyam.
Tuesday, January 20, 2009
Are u angry on Ramalinga Raju? Then hit him with a rotten egg on his face.
Its time for Raju to taste some rotten eggs as its his turn after George Bush shoe game. Now hit Ramalinga Raju on his face with rotten eggs and the person who hits the maximum time gets a chance to win an i-pod Try out now. (Nail The Thief)Ramalinga Raju has actually screwed his reputation. Till now he has tasted 267007 eggs! Hit him.
He deserves it. You have 30 seconds hit as many as u can.
Play Now.
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