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Satyam Computer Q2 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 8:42 PM ET November 12 2008


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Thank you, Mr. Singh. The next question is from the line of Mr. Anthony Miller from Tech Market View, please go ahead.

Anthony Miller – Tech Market View

Well, hello gentlemen! Just a couple of points for clarification please, and then just some data plans. In terms of hiring you said that you will hire all the job offers to freshers that you made last year, but you weren’t sure about timeframes. What do you think the hitch could be? Are we talking about in matter of weeks or could it be a couple of quarters and would you expect any fall off from that?

V. Srinivas

Srinivas here, we will not be able to give any timeframes here. I think other than just saying that we will be able to take them on board and honor our commitments as early as we could rather than that at this point in time, giving the timeframe will be very difficult.

Anthony Miller – Tech Market View

Okay, back with the early point, there was a question about why European growth seems depressed compared to North America and you mentioned exchange rate was a factor in that. But if you were to nullify the effect of exchange rates would European growth still has been slower than America’s?

Ram Mynampati

In this quarter, yes.

Anthony Miller – Tech Market View

Well and why would that have been?

Ram Mynampati

Again, the same factors that we have been talking about, the impact of different market segments, the tangential impact of what''s happening in the US, in the European region, opportunities that are not closing in the timeframes that we are looking at; the same business parameters that we have talked about are the same reasons, nothing unique about the region.

Anthony Miller – Tech Market View

Nothing, okay and then just finally, I didn’t quite catch the number of gross adds in the introductory comment and also could you give the freshers and also the headcounts that you have pruned, the closing headcounts you have pruned, please?

V. Srinivas

In the gross addition Anthony for this year, we said will be anywhere between 8000 to 10000 that is…

Anthony Miller – Tech Market View

Sorry, I mean the gross-high, sir I mean the gross adds this quarter, the quarter just gone.

V. Srinivas




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