India's Satyam needs new CEO, CFO - board

Mon Jan 12, 2009 7:39am EST
 
[-] Text [+]

HYDERABAD, India, Jan 12 (Reuters) - India's embattled Satyam Computer Services (SATY.BO) needs a new chief executive and chief financial officer to bring normalcy back to the outsourcer hit by a massive accounting fraud, a board member said on Monday.

Satyam (SAY.N) may ask its outsourcing clients to pay earlier to help tide over the tough liquidity situation, Deepak Parekh, a senior banker and one of the government appointees to Satyam's board, told reporters. (Reporting by Devidutta Tripathy; Editing by John Mair)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better