Satyam's M-E operations continue normally

Friday, 21 March 2003, 20:30 IST   |    1 Comments
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HYDERABAD: Satyam Computer Services Limited, India's fourth largest software services exporter, said the U.S. attack on Iraq would have no impact on its operations in the Middle East. The New York Stock Exchange listed company said its business activities in the region and elsewhere were functioning normally. Satyam's business presence in the Middle East is predominantly in the United Arab Emirates and Oman, considered to be safer locations. The company has, however, taken necessary steps to ensure the safety of its employees working in the region, said a company statement Thursday. The statement said a team was constantly monitoring the situation and all arrangements had been made for rapid evacuation of the employees if the need arises. The company is in constant touch with its employees and their families, keeping them informed of the evolving situation. Business continuity measures, which are standard operating practices in such situations, have been kept in a state of readiness. Through such measures business activities can be carried on normally from different locations around the world. Arrangements have also been made to relocate company employees at short notice to alternate sites for seamless project operations.
Source: IANS