Satyam loses 46 customers

Economic Times reported that Satyam has lost as many as 46 customers to it’s rivals. This is what Investchips predicted when Government appointed board took over Satyam. We at that time argued that the reputation of it’s new board members alone may not be sufficient to retain it’s customers. This is what exactly happening now. Existing customers now pressurise Satyam to reduce billing rates. Satyam may report real loss soon. Still wanted to invest in Satyam. Nobody can save you. God bless you.

Nifty would trade in a range. Buy Cement stocks for some quick returns. It is a trade buy call not an investment call.

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