IBNLive.com: Breaking news from India

 

Font Size A+A-

Scandal-hit Satyam postpones board meeting

TimePublished on Sat, Dec 27, 2008 at 21:46, Updated on Wed, Jan 07, 2009 at 17:56 in Business section

BAD PRESS: The meeting was to discuss a proposal for buyback of shares to pacify shareholders.

BAD PRESS: The meeting was to discuss a proposal for buyback of shares to pacify shareholders.


Photogallery

Find us on Facebook | Join IBNLive community

Stay ahead with G-Talk Buddy | Click now!

Ads by Google

Hyderabad: Satyam Computer Services has postponed its board meeting scheduled for Monday to the next month as there was lack of quorum.

While there’s no formal word on when the next meeting would take place, reports suggest January 19, 2009 is the likely date.

The meeting originally scheduled for Monday was to discuss a proposal for buyback of shares to mollify shareholders who were livid at the company's move to acquire two companies promoted by Chairman B Ramalinga Raju's family.

Ads by Google
Related Ads:

Every time I make a trip to the loo in office, there's always someone who wants to tell me how much weight I've lost

Follow Megha Mamgain as she burns the extra kilos on CNN-IBN, Sat: 12:30 pm,
6:30 pm
and Sun: 2:30 pm

About Us | Disclaimer | Careers @ IBN | RSS | Podcast | Contact Us | Feedback | Advertise With Us | Connect.in.com

© 2009 IBNLive.com India. All Rights Reserved. A Web18 Venture

CNN name, logo and all associated elements ® and © 2009 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.

Site powered by URBANEYE