Tech Mahindra says Satyam poses challenges

Tech Mahindra says Satyam poses challenges

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MUMBAI - Tech Mahindra, which Monday agreed to acquire a controlling stake in Satyam Computer Services, admitted the crisis-ridden IT firm’s liabilities would add to the challenges usually associated with an acquisition.

‘We have taken on a challenge and we will make it work,’ Mahindra and Mahindra group vice-chairman and managing director Anand Mahindra told reporters [...]

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