Hinduja Group may bid for Satyam

The Hinduja Group on Monday said it is looking at bidding for Satyam Computer Services [Get Quote] but yet to take a decision.

We are looking at that (bidding for Satyam) ... We have to take a decision," Hinduja Group CFO Prabal Banerjee told PTI.

He said the bidding process outlined by Satyam is transparent and he expects competition in the run-up to the final exercise.

Fraud-hit IT firm Satyam has commenced the process of selecting an investor by inviting expressions of interest from bidders. The bidders will have to register with Satyam by March 12.