Most definitely, Raju’s much debated decision in November 2005 to sell off Satyam’s entire stake in Sify to Infinity Capital Ventures (a deal that fetched Satyam $117 million in aggregate over time, a gain of over $110 million compared to the initial $5 million cost) proved to the world his steely resolve in sticking to Flint’s “keep it simple” strategy. According to Raju, the deal “was aimed at unlocking the value of the investment.” The truth is, Raju is forcefully committing to core businesses, or what he now addresses as “Pure Play IT Services & Solutions.”
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam chaudhuri
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam chaudhuri
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