Tech Mahindra, known to be the fifth Largest software exporter of the country stated that it has opened a BPO (Business Process Outsourcing) facility in Chandigarh.

After Wipro Technologies, another software outsourcing company, Tech Mahindra follows the footsteps of strange corporate about turn as the freshers of 2008 were handed over options of joining BPO.

The closing of an inglorious chapter in Satyam life book is both an occasion of good riddance and happy arriviste. Ingrained in our world view of evaluating businesses is an accounting principle that developed to discern a mercantile world.

Tech Mahindra, an Indian outsourcing group partly owned by the UK’s BT Group, on Monday won the bidding contest for Satyam Computer Services, completing government efforts to rehabilitate the company at the centre of India’s biggest corporate scandal.
http://www.ft.com/cms/s/0/1c40b17a-27f7-11de-8dbf-00144feabdc0.html

Senior officials from UK-based telecom and broadband conglomerate, BT, the largest shareholder in Tech Mahindra with nearly 31 per cent stake, are understood to be in the town to discuss the acquisition strategy for Satyam Computer Services. The team primarily comprises finance officials.