Story – This is what Keshub Mahindra advised Anand Mahindra & Vineet Nayyar when they thought of acquisition of Satyam

The acquisition of Satyam was a big one. Anand and Vineet Nayyar [then CEO, Tech Mahindra] came to see me and told me it was a wonderful opportunity. I agreed and said that he can go for it. But I advised them that they needed to obtain the authority to act from the Mahindra & Mahindra board because this changes the financial structure of the company.

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