Hinduja Group looking at bidding for Satyam

Conglomerate Hinduja Group today said it is looking at bidding for Satyam Computer Services but yet to take a decision.

Conglomerate Hinduja Group on Monday said it is looking at bidding for Satyam Computer Services but yet to take a decision.

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“We are looking at that (bidding for Satyam) ... we have to take a decision,” Hinduja Group CFO Prabal Banerjee told PTI.

He said the bidding process outlined by Satyam is transparent and he expects competition in the run-up to the final exercise.

Fraud-hit IT firm Satyam today commenced the process of selecting an investor by inviting expressions of interest from bidders. The bidders will have to register with Satyam by March 12.