Big clients stay on with Satyam

Press Trust of India

Despite the uncertainty over the liquidity position of embattled Satyam Computer Services, big clients of the firm such as GE have said they are continuing their existing contracts with the firm."GE continues to use Satyam Computer Services.

We have not moved any work,” a GE spokesperson said.GE is one of more than 650 clients the beleaguered IT firm has.

Another client Malaysia Airlines has said, "Satyam provides Malaysia Airlines with onsite professional services.We have been in discussions with Satyam and have been advised that the services will continue as usual."In the first meeting of the newly constituted board of Satyam, Deepak Parekh had said that two global clients of Satyam have vouched for the firm, declining to give further details.

Over half a dozen rivals of Satyam Computer have started exploring ways to take over the business from its various clients, a global technology consultancy firm has said.

"Satyam is likely to see its clients as well as employees deserting it soon due to the competitive wooing by rivals and top IT firms such as Infosys would continue to shore up their market share," an analyst at Forrester Research said in a report.