The fraud hit Indian IT firm, Satyam Computer Services is looking for a strategic partner in a bid to achieve adequate growth rate in the aftermath of disclosure of largest ever corporate fraud committed by its founder chief, B. Ramalinga Raju and other executives of firm. The company is currently under the control of Government-administered board, which is struggling to wash its bad image and retain the clients.

Satyam's Chief Executive Officer A. S. Murty, while confirming the development, said that the process to find suitable partners is going to start within couple of days. He said that as a CEO, he would never like to take hard decisions such as selling the company. He assured IT firm's international customers, a major source of its overseas revenue, that the board would do all possible efforts to save the interests of stakeholders.

He declined the reports of public-private partnership or outright nationalization, indicating same basic structure of company. He expressed confidence in the competent workforce of company due to which it managed to bag projects worth $250 million in past two months.

Mr. Murthy said, "The morale of employees is extremely good. My simple mantra is: retain the customers, retain the key people among the associates. We have the processes and the wherewithal to serve the global customers."