Letters: Sundaram now

Satyam has now become Sundaram. Just a few months ago, it looked as if one of India’s top IT firms would collapse and all 50,000 employees in it would have no option but to lose their jobs. The government was very pro-active and, without spending even one paise, managed to restore the company’s credibility and then auctioned off the company in a very transparent tender. Tech Mahindra bought the company and its shares hit the upper circuit filters on the BSE.

Sanjay Singh, New Delhi