Anand Mahindra's next big challenge

Anand Mahindra's next big challenge

April 23, 2009

The acquisition of Satyam Computer Services could be a real game-changer for Tech Mahindra.

For one, it has acquired a much bigger company. While Tech Mahindra is expected to clock revenues of over Rs 3,500 crore (Rs 35 billion) in 2008-09, Satyam is expected to declare a turnover of around Rs 6,500 crore (Rs 65 billion).

Together, the two will have a formidable telecom practice of over Rs 5,000 crore (Rs 50 billion/ $1 billion). And Tech Mahindra is all set to join the league of such hallowed names in the business as Tata Consultancy Services, Infosys and Wipro.

Text: Shobhana Subramanian

Image: Anand Mahindra, chairman, Tech Mahindra. | Photograph: Krishnendu Halder/Reuters

source: rediff.com