Mahindra Satyam is working on proposals to position itself as an information and communication technology (ICT) company as against its present profile as an IT company to pave for its merger with Tech Mahindra.
C. P. Gurnani, Chief Executive Officer, Mahindra Satyam, explained to journalists in an informal interaction here on Monday that the Mahindras were likely to go ahead with the plan after restatement of the financials. “We need a change of positioning as an ICT company because of our strong linkage with Tech Mahindra by bringing in connectivity and communication”, Mr. Gurnani said with the rider that approvals had to be obtained from the annual meetings and other statutory bodies.
Describing Mahindra Satyam’s journey so far as a mix of ‘good and bad’, he said the top priority was to restore the confidence of employees, clients and the shareholders. He said more than 100 out of 500 customers left Satyam after the scam broke out in January this year but the company did not lose any money on account of the desertion.
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