The six-member Board of Satyam will begin a crucial two-day meet in Hyderabad on Thursday in an effort to steer the company away from the current crisis following the Rs 7,800 crore financial fraud.
The meeting is the third since the disclosure of the fraud by its head Ramalinga Raju. The Board has the important task [...]
NEW DELHI: Minister of Company Affairs Prem Chand Gupta on Wednesday said that there was no government move to sell IT company Satyam Computers.
Replying to a query in New Delhi, Gupta informed there were many corporate houses interested in buying out Satyam. Earlier, Tarun Das, one of the directors on the board of Satyam had [...]
MUMBAI/DELHI: The government-appointed board of troubled software company Satyam Computer Services is likely to hear a detailed presentation from The funnier side of Satyam saga engineering giant Larsen & Toubro (L&T) and will consider appointing investment banks to find a strategic partner when it meets on Thursday and Friday.
L&T is set to present a business [...]
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