SATYAM COMPUTER SERVICES
Article Abstract:
Satyam Computer Services made a turnover of Rs170.71 crore in the 6 months ended September 1998. Its net profit was Rs33.7 crore. It is expected to make a net profit of Rs65 crore on a turnover of Rs360 crore in the full year 1998-99. Satyam Computer Services plans to increase its software associates from 2,944 to 4,000 by March 1999. It added 21 customers in Japan, Canada and USA. Y2K solutions are expected to account for less than 30 percent of its turnover in 1998-99. Satyam Computer Services is to focus more on its technical solutions and project management expertise. It plans to invest Rs130 crore in 1998-99 on setting up 7 off-site centres, 64 kbps links and new infrastructure facilities for over 2,000 software associates. Four of its off-site centres will be located in USA and one each in Japan, UK and Singapore. (tsm)
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
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SATYR TO SET UP MINI JAPAN AT ITS TECH CENTER
Article Abstract:
Satyam Computer Services Ltd has decided to set up a mini Japan facility at its Satyam Technology Centre at Hyderabad to cater to the needs of its Japanese clients. The company's revenues from the Japanese market accounted for 5.76 percent of its total revenues in the first quarter of 1998-99 and 6.25 percent in the second quarter of 1998-99. The Japanese facility is expected to begin operations by January 1999. (khr)
Comment:
Satyam Computer Services Ltd has decided to set up a mini Japan facility at its Satyam Technology Centre at Hyderabad to cater to the needs of its Japanese clients.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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