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iGate drops out of Satyam race

Hyderabad : iGate has dropped out of the race of Satyam computer Services.In a statement that based on further analysis, the company has decided  not to participate in the bidding process for Satyam Computer Services Ltd.. L& T , Tech Mahindra Ltd and the Spice Group , which have submitted proof of their financials i.e Rs 1,500 crores to continue in the race. Yhe Satyam board will meet again on Saturday (today) in Mumbai. 

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