DESARAJU SURYA
Hyderabad: Holding out hope to fresh graduates who have been waiting for appointment in Satyam Computers, with offer letters earlier given by the company in hand, the software giant indicated that they would be "accommodated at the first available opportunity, as and when it is identified."
"We interacted with freshers holding Satyam offer letters, appraising them on the current situation and developments. On their part, most of these candidates have indicated to Satyam that they fully understand the current situation and are willing to wait until it becomes possible for Satyam to induct them as associates," the company and marketing and communications head Hari T said in a news letter NewsToday published on January 29.
NewsToday has been published for the "associates" of Satyam for the first time after the Rs 7800 crore scandal in the company came to light with the admission made by its former chairman B Ramalinga Raju.
Rebutting reports that appeared in a section of the media on the employee count in Satyam, the communications head pointed out that the 43,622 number being quoted was not true.
"The media has made this claim citing Indian Provident Fund Organization (PFO) figures of the total number of PF accounts maintained for Satyam employees.
However, these figures do not imply that the total number of Satyam Associates is 43, 622 as it does not include associates of Satyam Computer Services Ltd who are foreign nationals and who do not fall under India's PF regulations," Hari pointed out. Satyam has over 60 nationalities represented in its global workforce, associates employed by subsidiaries of Satyam in countries such as China and Brazil, and associates of Satyam BPO and other companies acquired by Satyam globally (Bridge Strategy, Citisoft, S&V etc.), he added.
Satyam continued to work with the audit firms reviewing the head count data and their findings were expected to reaffirm this fact.
The new Board, he said, was likely to make a formal announcement on the CEO and the CFO positions "very soon" and all names "bandied in the media" were speculative.
He termed as "false" reports on the Cisco deal with Satyam.
"Cisco's vendor management team has responded to a media report stating that the 'information represented is not an approved communication' from Cisco. Satyam continues to work with Cisco in a transparent manner to ensure continuity of business," Hari added.
Reports indicating that special discounts were being offered by Satyam for early payments to "one of our largest accounts" were false, he said. "Our customers continue to pay on schedule and no special discounts have been offered," the Satyam's marketing and communications head noted.
"We interacted with freshers holding Satyam offer letters, appraising them on the current situation and developments. On their part, most of these candidates have indicated to Satyam that they fully understand the current situation and are willing to wait until it becomes possible for Satyam to induct them as associates," the company and marketing and communications head Hari T said in a news letter NewsToday published on January 29.
NewsToday has been published for the "associates" of Satyam for the first time after the Rs 7800 crore scandal in the company came to light with the admission made by its former chairman B Ramalinga Raju.
Rebutting reports that appeared in a section of the media on the employee count in Satyam, the communications head pointed out that the 43,622 number being quoted was not true.
"The media has made this claim citing Indian Provident Fund Organization (PFO) figures of the total number of PF accounts maintained for Satyam employees.
However, these figures do not imply that the total number of Satyam Associates is 43, 622 as it does not include associates of Satyam Computer Services Ltd who are foreign nationals and who do not fall under India's PF regulations," Hari pointed out. Satyam has over 60 nationalities represented in its global workforce, associates employed by subsidiaries of Satyam in countries such as China and Brazil, and associates of Satyam BPO and other companies acquired by Satyam globally (Bridge Strategy, Citisoft, S&V etc.), he added.
Satyam continued to work with the audit firms reviewing the head count data and their findings were expected to reaffirm this fact.
The new Board, he said, was likely to make a formal announcement on the CEO and the CFO positions "very soon" and all names "bandied in the media" were speculative.
He termed as "false" reports on the Cisco deal with Satyam.
"Cisco's vendor management team has responded to a media report stating that the 'information represented is not an approved communication' from Cisco. Satyam continues to work with Cisco in a transparent manner to ensure continuity of business," Hari added.
Reports indicating that special discounts were being offered by Satyam for early payments to "one of our largest accounts" were false, he said. "Our customers continue to pay on schedule and no special discounts have been offered," the Satyam's marketing and communications head noted.
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