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Hinduja group opts out of Satyam bidding process

The Hinduja group has decided not to participate in the bidding process of Satyam Computer. "We have not put in any expression of interest for Satyam," Hinduja group CFO Prabal Banerjee said.

Updated on: Mar 12, 2009 09:39 PM IST
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The Hinduja group has decided not to participate in the bidding process of Satyam Computer.

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HT Image

"We have not put in any expression of interest for Satyam," Hinduja group CFO Prabal Banerjee said.

Asked about the reason for not participating, he said, "As the bidding process has started, as a responsible corporate citizen we would not like to divulge the reason for our decision."

 
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