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Satyam board meets to discuss CLB's nod

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Agencies

Posted: Feb 21, 2009 at 1022 hrs IST
Satyam computer

Hyderabad The board of Satyam Computer Services began its meeting in Hyderabad on Saturday to discuss the process of finding a strategic partner after getting the Company Law Board's nod recently. "The board meeting has started," a company spokesperson said.

The board would discuss the CLB's approval and consider induction of a strategic partner in the IT company, Satyam Chairman Kiran Karnik has said on Friday.

A number of suitors, including engineering giant Larsen & Toubro and Spice Group, have evinced interest in acquiring stake in the fraud-hit IT company.

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