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India’s Satyam needs new CEO, CFO - board

HYDERABAD, India (Reuters) - India’s embattled Satyam Computer Services needs a new chief executive and chief financial officer to bring normalcy back to the outsourcer hit by a massive accounting fraud, a board member said on Monday.

Satyam  may ask its outsourcing clients to pay earlier to help tide over the tough liquidity situation, Deepak Parekh, a senior banker and one of the government appointees to Satyam’s board, told reporters.

Source / courtesy: Reuters