Satyam still in business, bags 15 new outsourcing deals: BPO Watch India

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Satyam still in business, bags 15 new outsourcing deals

By BPOwatch India News Desk
February 03, 2009

Satyam still in business, bags 15 new outsourcing deals

Despite the revelation of the mega-scam by Satyam Computer’s founder Ramalinga Raju, the company’s technical capabilities and credibility have not taken a hit. The company has bagged 15 outsourcing contracts in January a company spokesperson said.

The contracts were in markets such as the United States, Europe, Japan, Africa, the Middle East and India, a report in the Economic Times says.

The company has seen only one client termination till date. US-based State Farm Insurance terminated its contract with Satyam after the January 7 revelation by Raju of falsifying accounts for several years.

"Our executives are reaching out to clients around the world, and at this point, well over 90% of our clients have committed to continuing with Satyam," the spokeswoman said.

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