Profit

Satyam makes changes to bidding process

PUBLISHED ON: April 2, 2009 | Duration: 25 min, 28 sec

   
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Satyam Computer Services has made some modifications to the bidding plan by deciding to rank bidders by price. It will set the highest bid as floor price and then conduct an open offer if the other bids are within 90 per cent of the highest bid.
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