New Management of Mhindra Satyam has cleared the mess: Gaurang Shah, Geojit BNP Paribas Financial Services

Gaurang Shah, Asst VP, Geojit BNP Paribas Financial Services talks about Mahindra Satyam.

What is your take on Mahindra Satyam?

The kind of clarification that we have - positive numbers that we saw from the new management of Mahindra Satyam for the FY09-FY10 - gives you a significant insight as far as the clarity in terms of what the balance sheet has. They have cleared off the mess and the dirt that was there and have come out quite clean.

They have turned from a negative net worth to a positive one, been able to retain sizeable amount of clients. Headcounts could be a little bit of negative from a short term point of view because a lot of heads would have rolled given the kind of situation that erstwhile Satyam Computer was in to.