Mahindra Satyam says ready for new era sans 'Satyam' scam stigma

Jan 28 2013, 12:17 IST
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Mahindra Satyam says it is now ready for a new era and a stronger market position. (Reuters) Mahindra Satyam says it is now ready for a new era and a stronger market position. (Reuters)
SummaryWe always need to explain the role of Mahindras in rescue of Satyam: C P Gurnani

of individuals and enterprises," Gurnani said.

He said the customers are also very enthusiastic about the merger and the two companies are looking forward to its completion.

Asked about the global economic scenario and its impact on the Indian IT sector, including Mahindra Satyam, Gurnani said: "At best, the mood is hesitant today and we have to be realistic regarding our response to the market and plan a strategy that is not 'one size fits all'."

"Therefore, Mahindra Satyam strategy is different for different regions - be it Australia-New Zealand, China, India, Mid-East, Africa or Europe. We have different strategies for each of these regions.

"The main point is that it is better to be realistic.

There may be a hesitant mood, but there are also reasons to believe that there are opportunities everywhere and thereshould be a strategy fit for each of these opportunities," he said.

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