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Gujarat to cancel pact with Satyam

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    • Kamran Sulaimani Tags : Gujarat cancel pact with Satyam Posted: Friday , Jan 09, 2009 at 0304 hrs
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    Relations between the Gujarat government and Satyam are not new. Raju, in his capacity as the chairman of Satyam Computers and Nasscom, was the guest of honour at the IT Summit in 2005, held ahead of the Vibrant Gujarat Summit in 2007. Twenty-one IT and IT-enabled services companies had then signed MoUs with the government promising investment to the tune of Rs 11,067 crore and creation of 3.25 lakh new jobs.

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    Satyam in bad phaseBy: khyati trivedi | 11-Jan-2009 Reply | Forward I do not think that at this stage the State Government of gujarat should turn its back and terminate the MOU. Whatever has happened has defintely affected the co. and its investors, bt the company is not dead, its rountine prohjects should not be disturbed
    SatyamBy: Dr B Sundara | 09-Jan-2009 Reply | Forward Satyam or no Satyam, development in IT sector need to go on in as many places as possible.Let us hope some other IT major goes to Gujarat and takes the opportunity and help creating jobs
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