Satyam staff exercise stock options as bulls rule

 A majority of the employees started exercising their options since July 2003, perhaps sensing the boom in the markets. Interestingly, there were only 2,800 shares exercised by the employees in the whole of last fiscal, citing the bearish market as prime reason.

 In the past 6 months, Satyam has granted around 1 million stock options to nearly 3,000 employees.