Jan 27, 2009

Satyam Board Meet

The new board members of Satyam met again today & have given updates on few crucial aspects:

  1. Salaries - The employees have been assured of payments of salaries for the month of January.
  2. Advisors - Boston Consulting Group has been appointed as the advisor to the management.
  3. Investment Banker - Goldman Sachs & Avendus are the bankers for the organisation under the new board.
  4. Management Structure - A new management structure & plan has been decided & the same will be shared with media this week.
  5. Employee Number - The count on number of employee seems to be right according to the preliminary investigations.

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