Satyam Says It Bags New Business of $250 Million - PC World
Sat, Feb 21st, 2009
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Satyam Computer Services said Saturday it has bagged US$250 million worth of new business since Jan. 7 when the company plunged into financial crisis.
The announcement comes even as analysts have cautioned that a number of Satyam's customers are looking around for new suppliers. State Farm Insurance Co. of the U.S. terminated its technology outsourcing contract with the company, but some other customers, such as General Electric Co. and Cisco Systems, have said that they will continue to work with Satyam.
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