Satyam’s account cleaning to take 6 months
Feb. 6 (Bloomberg) — Kiran Karnik, the former president of India’s software industry lobby Nasscom, was named chairman of Satyam Computer Services Ltd., a day after a chief executive officer was appointed to run the fraud-hit company.
The Serious Fraud Investigation Office is probing 325 companies and 25 persons linked to Hyderabad-based Satyam, Company Affairs Minister [...]
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