Kiran Karnik and Deepak Parekh are New Satyam Board Members by Govt

Kiran Karnik Former Chief of NASSCOM and HDFC Chairman Deepak Parekh

Some big scandle came out from chairman of the big IT Company Satyam from Hyderabad. The govt. takes some steps to handle Satyam crisis. Indian Government disbanded Satyam's existing board. The Govt. appoint 10 directors to manage the Satyam company and new Satyam board to restore and company back on track.

The Govt. has appointed three persones as a board memeber of Satyam Company. Mr. Deepak Parekh who is a chairman of HDFC and Mr. Kiran Karnik who is a former chief of Nasscom and IMM student and other name is C. Achuthan. The company can be indclude other seven board members. The Govt. also said that the new board will continue their work to second notice from the govt.

The Investores and from other Govt. body members are may be join the company board of directors like SEBI, RBI, LIC and other bankers, mutual funds companies also

Satyam Computers is a giant in International software market. The company's customer in 65 countries in the all over world. The company has 53 thousand employies in India and other part of the world. B. Ramalinga Raju who was former chairman of the company had some accounts and assets falsified of the comapny.

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