World Bank, Satyam in talks for $10m contract

Friday, 14 February 2003, 08:00 Hrs
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Mumbai: The World Bank is in talks with Satyam Computer Services to award a $10-million contract for offshore software development and support, reports a news agency quoting a senior bank official. "We are in final stages of discussions," Mohamed Muhsin, vice-president and chief information officer of the World Bank in Bombay. "It is a long-term contract -- three-to five years," he said, adding talks were likely to be wrapped up this week, according the news agency.
Source: IANS