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Satyam shares seen gaining as new board meets

HYDERABAD, India (Reuters) - Shares in Satyam Computer Services Ltd  could jump 20-30 percent on Monday after the government stepped in to appoint a three-man board in a bid to restore confidence in the outsourcing company rocked by the country’s biggest corporate scandal.

The board will meet at Satyam headquarters in the southern city of Hyderabad from 9:30 a.m. (0400 GMT) to lay out a roadmap for clients and staff in the wake of a billion dollar fraud that has cast a cloud over foreign investment in Asia’s third-largest economy and over its once-booming outsourcing sector.