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Satyam CEO Favours IT-focussed Partner

12-03-2009 | Aahna

The process of scouting for 'A Strategic Partner' to stabilise the crisis-hit Satyam Computer Services Ltd.is due to begin soon.

Satyam’s CEO, Mr. A. S. Murty, said that the Indian Government was expected to make a formal statement on this issue soon.

In an informal interaction with a select group of journalists, Mr Murty said the company would be keen to “grow bigger” under the wings of a strategic partner.

Noting that the potential partner need not necessarily be an IT company, he said “some big conglomerate may have already some IT practices going on.”

Mr Murty said: The morale of employees is extremely good.

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