Satyam's independent director resigns
Friday, 26 December 2008, 23:58 IST   |    1 Comments
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Bangalore: Mangalam Srinivasan, independent director of Satyam Computer Services, has resigned from the board, the company said Friday. In a notification to the Bombay Stock Exchange (BSE), the Hyderabad-based software major said the non-executive director had tendered her resignation Wednesday. The director's resignation comes in the wake of the management's aborted bid to acquire Maytas Properties and Maytas Infrastructure for $1.6 billion (79.2 billion) Dec 16 in a bid to bail
Source: IANS
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