The corollary to the fraud-ridden Satyam Computer Services Ltd. is being felt across a host of companies spanning several vertical industries now forced to examine their service contracts with the India-based outsourcing firm. CIGNA, says the Wall Street Journal, is one such company.
CIGNA, citing vendor confidentiality agreements, did not comment on its contract with Satyam. But the health insurer’s spokesman did admit that the company was closely watching the events surrounding the outsourcer’s actions, however, and that the company has already developed “detailed contingency plans."
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