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Satyam in deep crisis
Satyam's expanded board meeting underway
Satyam money was siphoned off, not inflated
Expanded Satyam board to mull on new CEO
Reuters
A broker reacts as he monitors the index on his computer terminal at a brokerage firm in Mumbai
The meeting of the new board has commenced with the focus on how much the company immediately needs to pay salaries and meet other expenditure and on finding a CEO to run its day-to-day operations. Raju warned 'takeover by IBM' to push for Maytas deal.
Hindustan Times Exclusive
Satyam's former chairman B Ramalinga Raju siphoned off the firm's revenues to acquire "controlling interest" in two of his own companies, a preliminary Govt probe report said. A Airy & G Choudhury report. Special Coverage | Listen to podcast
Securing the interests of employees, customers and investors is expected to remain key as the expanded board of fraud-hit Satyam Computer Services, with six members, holds its first meeting in Hyderabad on Saturday.
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