Satyam getting new contracts, seem like getting in track
Even as a few
customers have left in the wake of the financial fraud committed by its
erstwhile promoter, Satyam Computer on Wednesday said it is continuously
getting new software services orders and existing clients have showed faith in
the company.
Asked if he visualises Satyam regaining its earlier position of the fourth-largest software exporter, the CEO said, "The board and senior management have been in constant contact with customers and associates to assure them of business continuity. To this point, our efforts to provide clear, consistent and forthright communications are working."
Earlier Infosys, TCS and mid-sized IT firm Infotech had said some Satyam clients have approached them. In January, State Farm Insurance Co of the
"My immediate short-term priority as CEO would be to initiate and continue measures that will instill confidence in all our stakeholders, customers, associates, alliance partners, vendors, etc. And to ensure business continuity."
"Our other priorities are evaluating long-term strategic options, assessing and managing legal liabilities and resuming investments in identified areas," Murty said, adding the company recently got a financial commitment of Rs 600 crore for working capital needs and has receivables of up to Rs 1,700 crore.
|
|
