Satyam and its employees have had some real bad year. So its nice when some nice news appears from somewhere. Here is something that will definitely push their spirits up: Satyam has gotten contracts – over half of it from new ones – worth $250 mn. Some is new work and some are extensions. For example, there is a deal for $50 million – single order.. and then lots of small ones.
It seems that the CEO AS Murthy and the new board with Kiran Karnik as the Chairman of the Board, things are doing much better.
Do you think Satyam would bounce back?
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