Archive for nepotism

You are browsing the archives of nepotism.

Satyam to diversify into poultry

Satyam to diversify into poultry

Satyam Computer Services (NYSE: SAY) announced today that the company would diversify into poultry by acquiring Ujar Chicken & Egg Ltd. for $450 million in an all-cash deal. Making this announcement at a press conference in Cyberabad, Satyam founder and chairman Ramalinga Raju said, “There are significant synergies between Satyam’s core business and Ujar. They [...]