Tuesday, March 3, 2009

Satyam valued at Rs 40 bn

Satyam Computers, the beleaguered computer giant, has been valued at Rs 40 billion. This valuation is based upon market value of asset after netting out the current and long-term liabilities

The company`s main fixed asset is land and property which has been valued at around Rs 50 billion. This includes two prime properties in Hyderabad, valued at around Rs 25 billion. Current liabilities are in the region of Rs 7 to Rs 8 billion that include payments due to vendors and salary outgo as on date

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