EXHIBIT 99.1

                      SYNTEL REPATRIATES FUNDS TO THE U.S.

TROY, MI - DECEMBER 9, 2005 -- Syntel's Board of Directors has elected to
repatriate earnings of its foreign subsidiary, Syntel Limited, to the U.S. as
part of the American Jobs Creation Act of 2004. The Act provides a special
one-time favorable effective federal tax rate for U.S.-based organizations. The
Company has repatriated approximately $61 million in accordance with the Act.
During the fourth quarter of 2005, the Company will record a one-time tax charge
of approximately $12 million, on the repatriated amount, including Federal and
state taxes and the dividend distribution tax under the Indian Income Tax laws.
Proceeds from the repatriation will be reinvested in Syntel's domestic
operations consistent with the intent of the legislation.

The Company intends to use the balance of the undistributed earnings and future
earnings of foreign subsidiaries to expand operations outside the U.S. and
accordingly the balance of undistributed earnings of foreign subsidiaries are
considered to be indefinitely reinvested outside the U.S. and no provision for
U. S. federal and state income tax or applicable taxes including the dividend
distribution tax has been provided thereon.

Based on the above and current visibility levels, the Company still expects full
year 2005 revenue in the range of $222-$225 million, with EPS now in the range
of $0.66 to $0.71.


ABOUT SYNTEL
Syntel (NASDAQ: SYNT) is a leading global provider of custom outsourcing
solutions in a broad spectrum of information technology and information
technology-enabled services. The Company's vertical practices support the entire
Design-Build-Operate-Optimize lifecycle of systems and processes for
corporations in the Financial Services, Insurance, Retail, Health Care and
Automotive industries. The first US-based firm to launch a Global Delivery
Service to drive speed-to-market and quality advantages for its customers,
Syntel now leverages this efficient model for the majority of its Global 2000
customers. Recently named one of Forbes Magazine's "Best 200 Small Companies in
America," Syntel has more than 5,500 employees worldwide, is assessed at Level 5
of the SEI's CMMI, BS 7799-2:2002 as well as ISO 9001:2000 certified. To learn
more, visit us at: www.syntelinc.com.

SAFE HARBOR PROVISION
This news release includes forward-looking statements, including with respect to
the future level of business for Syntel, Inc. These statements are necessarily
subject to risk and uncertainty. Actual results could differ materially from
those projected in these forward-looking statements as a result of certain risk
factors set forth in the Company's Annual Form 10-K document dated March 15,
2005. Factors that could cause results to differ materially from those set forth
above include general trends and developments in the information technology
industry, which is subject to rapid technological changes, and the Company's
concentration of sales in a relatively small number of large customers, as well
as intense competition in the information technology industry, which the Company
believes will increase.