Profit

Satyam's Ramalinga Raju resigns

PUBLISHED ON: January 7, 2009 | Duration: 3 min, 26 sec

   
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Chairman of Satyam Computer, Ramalinga Raju, has resigned from the company s board. His decision was conveyed to the company s board members. The company was supposed to hold a board meeting this Saturday. Even since announcing the controversial Maytas deal, Raju was under pressure from investors as the decision raised issues over corporate governance.
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