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Venki Prathivadi, new Satyam ANZ chief

Venki Prathivadi, new Satyam ANZ chief
Melbourne, Jun1: Satyam Computers has appointed Venki Prathivadi as country manager for Satyam Australia and New Zealand (ANZ) replacing Deepak Nangia.

The India based IT company has also appointed former chief information officer Vijay Prasad as principal advisor to the ANZ region to enable it to find its feet in the area after the set back in Jan following the revelation of a massive fraud.

Since the revelation of the fraud by Satyam founder Ramalinga Raju, number of Satyam's local customers including Telstra and National Australia Bank had cancelled its contracts or reduced their involvement with the company.

Australian software major Telstra had dumped the scandal-ridden outsourcing partner Satyam from an applications support contract believed to be worth 32 million dollars a year.

Prathivadi has been with Satyam since 2003 and worked as the account director on the now-terminated Telstra contract.

ANI

Satyam earns revenue of Rs 1830 crore in Q1

Hyderabad, July 20: Satyam computers, a leading global consulting and IT service company, has earned revenue of Rs 1,830 crore, an increase of 26.8 percent and a sequential increase of 2.9 percent, for the first quarter of the financial year 2007-08. While announcing the results of the company for the quarter ended June 30, this year, Satyam Computers Founder and Chairman B Ramalinga Raju said the company's net profit after tax was Rs 378 crore,.....
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