Resurrection of Satyam

Mahindra: The Defender

I have closely seen Satyam Computers rise, fall and a supposedly resurrection after the Govt. appointed members made good in cruising the tainted company in safe hands. At the end its a huge relief for everybody who was attached with this fiasco some or the other way. Tech Mahindra is on the way of a successful acquisition of a company which was sometime back more than four-five times its size but thanks to its founder the company was on the verge of breaking down leading to one of the biggest corporate scams of all time.
During this epic bidding process running more than a month many players from round the globe from various sector came out showing their keen interest to get what was once such a profitable organization cheaply and today this whole process came to a happy ending.

Raju: The Destroyer

Wilbur Ross, a billionaire well known for taking over companies in distress and tailoring it to make a profit making one joined the race for Satyam quite late. Last, but surely not the least. A lot had been expected from Mr. Ross and I myself was feeling Ross could ultimately be the Boss though I was well aware that L&T was the hot favorites of one & all considering the fact that it was already a big stakeholder in the company and the keenness it had been showing into it.
After the winning bid was announced I was pleasantly surprised with the bidding amount of Tech Mahindra but more than that I was shocked to know about the bidding price Wilbur Ross had put up..I don't know what made him think that Rs. 20/- would be the apt price. With all my honesty I feel, for such Uncle Scrooges there should be a floor price to start with. He has indeed embarrassed himself with such a lowly price for there was a lot of expectations from him , even the board members were reckoning that his firm would leave no stones unturned for as lucrative opportunity as Satyam..but that was that..!!

Satyam has survived a fatal setback; courtesy the govt. appointed board members who handled the situation effectively and swiftly without losing the faith of clients and employees.
Still there are concerns for the satyam employees who have been with it in its turbulent times as it has come out that government won't be interfering with the acquirers' decision related to any reduction in the company's workforce.
Seeing it all in a different note this would-be management's unabridged right to modify its human resources including the right to lay-off the people can be taken in a positive manner for all those who have wished to get off it without the employment bond being broken.
Won't ya guys call it a golden opportunity ?? Whats the point in living in apprehension and fearing of own shadows. If lay off happens it will in a way bring up a road of better opportunities,
and in case it doesn't happen ..POOR YOU..Stick to the company ..be loyal to it !!


Now can anybody exhibit a better show of optimism than this...?? :-)