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Satyam's outgo on legal spats may not exceed $125 million

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Press Trust Of India New Delhi

In what could be good news for the shareholders of IT firm Satyam Computer, the outgo on legal disputes may not exceed Rs 580 crore against the reported estimates of Rs 10,000 crore and perhaps this is the reason the new owner Tech Mahindra is not unduly perturbed about this.

Tech Mahindra was also hoping to settle some of disputes within six months, while a few may take another couple of years, highly-placed sources said.

 

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First Published: Jun 15 2009 | 12:49 AM IST

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