News and Events of India

The fraud hit company Satyam Computer Services was searching for new bankers and recently the new board of Satyam has appointed new bankers and management advisors. The newly appointed management advisors is the renowed Boston Consulting Group and the newly appointed bankers are Goldman Sachs and Avendus. The government appointed board of Satyam which consists of three directors, have done a meeting with the newly appointed bankers and management advisors and they will soon take take necessary steps to increase the fund for Satyam. After the meeting, one thing they assured that the salaries of the employees of Satyam for the month of January are to be paid in the scheduled period.

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