No stake sale: Satyam

Satyam Computer Services today denied a report that the company has held talks to sell stake in the company.

"Satyam vehemently denies and wishes to put to rest once and for all any rumours of having entertained in the past, directly or indirectly, any such talk or dialogue with any global systems integrator," an official statement, issued to the BSE, said.

The release did not name the company, but Financial Times had reported yesterday that IBM had held talks with Ramalinga Raju, chairman of Satyam, for taking stake in the company.