Govt nominated 3 more to Satyam Board
New Delhi: The Central Government has nominated three more members to Satyam Computers Services Ltd board raising its strength to six.
Union Minister of Corporate Affairs Prem Chand Gupta said that the government is strengthening the board and had nominated Confederation of Indian Industry (CII) Chief Mentor Tarun Das, ex-Institute of Chartered Accountants of India chief TN Manoharan and Suryakant Balakrishan Mainak to the board.
Suryakant Balakrishan Mainak is a nominee of the Life Insurance Corp of India (LIC).
The Union Minister said that the government will do whatever is necessary in public interest to bring Satyam Computers back on track.
Gupta revealed that the two audit firms appointed on Wednesday have started their work.

No Comments
Leave a reply