News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Top Headlines »
 Merchanting Trade Transactions (MTT) – Revised Guidelines
 Higher Section 80C income tax deduction will encourage more savings
 Income tax slabs and rates for FY 2019-20
 Tax Expert Ved Kumar Jain's views on Budget 2020-21
 Income-tax Deduction from salaries during the Financial Year 2019-20 under section 192 of the Income-tax Act, 1961
 Know your tax exemptions to invest wisely
 What happens when you file the wrong ITR form
 Tax-saving guide for FY 2019-20
 Filing ITR for AY 2020-21? Here're the changes you need to know
 NRIs can’t use ITR-1 to file tax returns
 CBDT notifies ITR-1 and ITR-4 for Assessment year 2020-21

Satyam board meeting starts
January, 27th 2009

The government-appointed six-member Satyam Board met today in Hyderabad, and is expected to discuss having a strategic partner to steer the company forward among other issues confronting the company since the Rs 7,800 crore fraud came to light.
The board also will decide on the funding arrangements to ensure scheduled payments, including salaries and vendor fees, for the next two months, till the end of March 2009.

The board said in a release last Friday it had short-listed three candidates for the post of CEO and it expected to take a final look at it at the next meeting, which is today.

Although the board had said that it will meet for two days -- January 26 and 27 -- in its release last Friday, it decided to meet formally today since January 26 was Republic Day, company sources said.

The six-member board comprises noted banker Deepak Parekh, former President of NASSCOM Kiran Karnik, former SEBI member C Achuthan, CII mentor Tarun Das, former President of ICAI T N Manoharan and SB Mainak.

Even as the government said the board members will elect the Chairperson, the board decided to continue without a head and give opportunity to every member to preside over the meeting by rotation. Tarun Das chaired last week's meeting.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting