i Develop Stocks Advisory: Hinduja Group looking at bidding for Satyam

Monday, March 9, 2009

Hinduja Group looking at bidding for Satyam

Conglomerate Hinduja Group today said it is looking at bidding for Satyam Computer Services but yet to take a decision.

"We are looking at that (bidding for Satyam) ... We have to take a decision," Hinduja Group CFO Prabal Banerjee told .

He said the bidding process outlined by Satyam is transparent and he expects competition in the run-up to the final exercise.

Fraud-hit IT firm Satyam today commenced the process of selecting an investor by inviting expressions of interest from bidders. The bidders will have to register with Satyam by March 12.

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Monday, March 9, 2009

Hinduja Group looking at bidding for Satyam

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