Dr Srinivasan quits Satyam Board
In a Christmas gift to Satyam Computer Services' chairman, Ramalinga Raju, a long standing member of the Satyam board,Dr (Mrs) Mangalam Srinivasan today resigned.
Satyam Comp considers legal action against World Bank
Satyam Computer on Thursday said it is considering legal options in the face of the World Bank's refusal to withdraw its (the Bank's) statement that made public the decision to ban the IT major for eight years from doing business with the international lender.
Satyam promoter loses Rs 2,373 crore in 8 months
The price of the beleaguered Satyam Computer share plunged by 19% on Wednesday, hitting a 52-week low of Rs 114.65, but narrowed down the losses by closing higher at Rs 134.95 on the Bombay Stock Exchange.
Rumours about the Ramalinga Raju resignation on Dec29th and about the Satyam takeover is still going on!!
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