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Satyam slumps 4 pct amid merger talks

Mumbai: IT major Satyam Computer on Monday dipped as much as four per cent on the bourses amid reports that its management and institutional investors are exploring a merger with another software company. The scrip of the company opened on a firm note at Rs 180 on the Bombay Stock Exchange but soon los ....Read more

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satyamBy: meeta | Tuesday , 6 Jan '09 17:54:34 PM Reply | Forward There are lots of business houses in India that maintained their hold on equity despite going public and not everyone can be given a clean chit. Can this be called the immaturity of the Raju household and a feudalistic mindset due to beingsurrounded by cronies thus insulating themselves from the other world players in the global village that caught them unawares is the question to ponder.

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