Satyam gets 3 New Directors

The Government of India has named three directors to the board of disgraced IT services provider Satyam Computer.

The new members are HDFC Chairman Deepak Parekh, former NASSCOM president Kiran Karnik and former SEBI member C Achuthan.

Following the recent disclosures of accounting irregularities, the government had disbanded the earlier Satyam board.

The new members are expected to meet within 24 hours to decide on a Chairman and other members of the board.

Meanwhile, the architect of the Satyam scam B.Ramalinga Raju is cooling his heels in jail.

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