Deepak Parekh

Satyam’s New Owner To Be Announced On April 13

Satyam’s New Owner To Be Announced On April 13Satyam Computer Services is ready to have a new owner on April 13.

Deepak Parekh, Satyman board member and HDFC Chairman, announced that suitors will now have more time to submit their financial bids for the company.

He said that the financial bids will be opened at 9 am on April 13.

Moreover, the winner will be declared on the same day.

Satyam is retaining its clients: Parekh

Satyam is retaining its clients: ParekhMumbai, Jan 21, : The fraud-hit, Satyam Comuters Ltd is making attempts to secure funds and retain its international clients to regain the loss.

Speaking to Media, Deepak parekh, one of the members of Satyam's newly setup board said, "its new board would meet on Thursday and Friday to discuss issues regarding appointment of top executives and ways to raise funds.

Parekh said that they have received a mixed response from their domestic and foreign clients and they are not happy with the status of company's current accounts.