The biggest challenge facing any buyer of Satyam Computer Services is not to stop the company from losing more contracts but to win back the confidence of customers and get new contracts and renewals.
The scam-hit firm, which is now run by a government-board, has lost out on winning a major tender from Bharat Sanchar Nigam (BSNL), in its core area of expertise, ERP implementation, according to industry sources.
The tender has been awarded to HCL Infosystems, a source close to the situation said. BSNL was reluctant to award the contract to Satyam because of the uncertainty surrounding its future although the company made a strong pitch.
Thursday, March 26, 2009
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