Troubled mid-sized software firm Sasken Communication Technologies Ltd aims to revive sales growth by early next year through the leadership of new chief executive Anjan Lahiri, Mint reported.

Lahiri, who was head of MindTree Ltd’s information technology business, joins Sasken at a time when the company faces declining orders in its key telecommunications business. Revenues have plunged by nearly half over the past decade to Rs.115.4 crore. Lahiri replaces founder Rajiv Mody, who will remain as chairman of Bangalore-based Sasken, which was started in a Fremont, California garage in 1989.

Read the full report here