Wednesday, June 24, 2009

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Almost no customer attrition recently, says Mahindra Satyam

Mahindra Satyam Ltd has seen almost no customer attrition since mid-April, new chief executive C. P. Gurnani said on Tuesday.

The company will also announce its reorganisation within 48 hours, he said. Outsourcer Satyam Computer Services rebranded itself as "Mahindra Satyam," as part of efforts to recover from India's worst corporate fraud. Tech Mahindra, 31 percent-owned by Britain's BT Group, won an auction in April for a controlling stake in Satyam.

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