Satyam chairman Ramalinga Raju, MD Rama Raju quit
January 7th, 2009 - 1:22 pm ICT by IANS
- Bangalore, Jan 7 (IANS) Satyam Computer Services Ltd founder chairman B Ramalinga Raju and managing director B Rama Raju resigned from the board Wednesday, the company announced.In a notification to the stock exchanges, the Hyderabad-based IT firm said Ramalinga Raju and Rama Raju have tendered the resignations earlier in the day and the regulator (SEBI) has been informed.
“Rama Raju shall continue in the position till such time the board is expanded and the continuance is to ensure enhancement of the board,” the company said in the notification.
Sphere: Related ContentRelated Stories
- Satyam founder quits after admitting Rs.40 bn fraud (Lead) - Jan 07, 2009
- Satyam's independent director resigns - Dec 26, 2008
- Raju brothers bail plea to be heard Monday (lead) - Jan 16, 2009
- SEBI concludes Rajus' interrogation in jail - Feb 06, 2009
- Court rejects SEBI plea to question Satyam's Rajus - Jan 23, 2009
- Satyam stock tumbles as chairman Raju resigns after admitting huge fraud (Second Lead) - Jan 07, 2009
- Independent director Prasad to continue on Satyam board (Lead) - Dec 30, 2008
- Satyam Raju's brother fails to get anticipatory bail - Feb 13, 2009
- Maytas Infra wins Rs.1.1-bn Railway contract - Jan 06, 2009
- Andhra Pradesh police begin probe into Satyam fraud - Jan 09, 2009
Categories
- Sci-Tech
Posted in Sci-Tech, |
