@Deepak Parekh
Satyam Sale: Work in Progress
by Arun Giri, UTVi    Apr 13, 2009
Category : News & Analysis
Kiran Karnik, chairman, Satyam Computer, said the sale of Satyam is a work in progress, and added that the board was happy that Satyam, in some sense, is being re-born. "We have seen the culmination of the bid process overseen by...
Satyam Computer to Announce Buyer on April 13
by Shuchi Srivastava    Apr 06, 2009
Category : News & Analysis
The final bids for 51% stake in Satyam Computer Services would be submitted on April 13, and the winning bid would be announced on the same day,  Satyam board member Deepak Parekh told UTVi. The board, which provided extra...
Satyam Computer Buyout by Month-End?
by CXOtoday Staff    Feb 18, 2009
Category : News & Analysis
Certain media reports indicate that stained IT giant Satyam Computer Services may finally be sold off. According to one such report by UTVi, the bidding process is likely to be finalized soon. Satyam board member Deepak Parekh has...
Satyam Veteran A.S. Murthy Appointed CEO
by CXOtoday Staff    Feb 05, 2009
Category : News & Analysis
Technology : Infrastructure
After weeks of speculations, the Satyam (SATYAMCOMP) board has appointed Satyam veteran - A.S. Murthy as the new CEO of the company. The board has also appointed Homi Khusrokhan and Partho Desai as special advisors to the board."Murty...
Khusrokhan, Datta May Join Satyam Board
by CXOtoday Staff    Jan 29, 2009
Category : News & Analysis
Technology : Infrastructure
According to reports, Homi Khusrokhan may be inducted as executive director on the board of Satyam Computer. Homi Khusrokhan is an M&A specialist, who has earlier been associated with the Tata group since early 2000s, having served as MD of...
Satyam: CID Finds Proof of Fudged A/Cs
by Kumar Deep    Jan 22, 2009
Category : News & Analysis
Technology : Infrastructure
Andhra Pradesh CID has appealed for three more days police custody of Ramalinga Raju.Raju is in police custody till January 22 after he admitted to a Rs 7,000 crore accounting fraud at Satyam Computer (SATYAMCOMP).Serious Fraud Investigation...
Board Discusses Liquidity, Customers, Leadership
by CXOtoday Staff    Jan 19, 2009
Category : News & Analysis
Technology : Infrastructure
The newly constituted board of Satyam Computer Services Limited extended deliberations on matters relating to enhancing liquidity, leadership issues and customer concerns.   The concerns were discussed at a meeting that was...
Satyam Board to Meet on Saturday: Parekh
by Kumar Deep    Jan 15, 2009
Category : News & Analysis
Deepak Parekh, chairman, HDFC, who has been nominated to the board of the crisis-ridden Satyam Computer along with ex-Sebi official C AChuthan and ex-Nasscom president Kiran Karnik, today said the board will meet on Saturday.He added that KPMG...
KPMG, Deloitte Replace PwC as Satyam Auditors
by CXOtoday Staff    Jan 14, 2009
Category : News & Analysis
The new Satyam board in accordance with the government, has asked KPMG and Deloitte to audit Satyam books. KPMG and Deloitte replaced PricewaterCoopers (PwC) as the official auditors.   The board comprising Deepak Parekh,...
New Satyam board addresses media
by UTVi Desk    Jan 12, 2009
Category : News & Analysis
Technology : Infrastructure
Parekh said the full board will appoint the chairman, and added that the financial statements would be restated soon. An indepedent accounting firm would be appointed in 48 hours to do this as well as announce Q3 results.   He added...
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