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I-T Dept moves SC against Kiran Karnik14-SEP-09
The Income Tax department has moved the Supreme Court alleging that former IT industry body Nasscom chief Kiran S Karnik (pictured) had evaded tax to the tune of Rs 3.71 crore in 2002-03, when he was heading infotainment company Discovery Networks.
'I think Satyam is worth documenting and should be made a case study'20-JUL-09
The Union government has agreed to the request of four of the six directors appointed by it on the board of Satyam Computer Services (renamed Mahindra Satyam) to be now allowed to leave. The chairman of this government-appointed team which successfully resolved corporate India’s biggest fraud, Kiran Karnik, is now keen on catching up with some serious reading and writing. In a tete-a-tete with SHIVANI SHINDE, he talks about the Satyam stint and his future agenda.
Satyam: Govt moves application in CLB to recall nominated directors04-JUL-09
The government has moved an application in the Company Law Board (CLB) to recall its nominated directors from the board of Mahindra Satyam, Corporate Affairs Minister Salman Khurshid said today.
Govt approaches CLB to recall 6 directors from Mahindra Satyam02-JUL-09
The government is learnt to have approached the Company Law Board (CLB) to recall its six directors from the board of scam-hit IT firm Mahindra Satyam (earlier Satyam Computer).
Mahindra Satyam to meet on July 1002-JUL-09
The board of Mahindra Satyam will meet on July 10 to discuss the second round of preferential share allotment to raise Tech Mahindra's stake in the firm to about 42.7 per cent.
Satyam board not for recommending support to open offer11-JUN-09
Barely 48 hours before Mahindra group firm's open offer for Satyam, the government-appointed board has decided against endorsing it saying this could be construed as a "negative statement" about fundamentals.
Govt-appointed Satyam board to stay till open offer concludes30-MAY-09
The government-appointed board of Hyderabad-based Satyam Computer Services has decided to continue till the open offer is made.
Satyam board members meet PM, Montek14-MAY-09
The six board members of the fraud-hit Satyam Computer Services today met Prime Minister Manmohan Singh and Planning Commission Deputy Chairman Montek Singh Ahluwalia and apprised them about the steps taken to revive the IT company.
Nachiket Mor, Karnik appointed to Intuit Inc, Board13-MAY-09
Leading financial and IT executives Nachiket Mor and Kiran Karnik have been appointed to the newly established India Advisory Board —Intuit Inc, to guide it on creating tailor made solutions to address important unsolved problems for consumers and small businesses in the country.
Obama's tax proposal to hurt US cos more: Karnik07-MAY-09
Terming the proposed changes in tax law by the US government as a 'protectionist approach', former Nasscom President Kiran Karnik has said the move could hurt American companies.
No layoff in Satyam, Tech M to take final call: Karnik06-MAY-09
Satyam Board Chairman Kiran Karnik today said so far there has been no layoffs in the company but it is up to the new owners Tech Mahindra to take any such decision.
Satyam's top 20 clients are delighted: Karnik20-APR-09
Kiran Karnik wanted to stay out of the limelight and take life a bit easy after seven years as Nasscom president. But Satyam happened and he was back in action, fire-fighting almost non-stop for over three months. In an interview with Leslie D'Monte, the Satyam Chairman discusses the road ahead — for Satyam and himself.
Satyam 'weeping orphan' adopted by Tech Mahindra: CLB16-APR-09
Calling Satyam a "weeping orphan", the Company Law Board (CLB) today  said the Hyderabad-based company will now be adopted and nurtured by Venturbay, a subsidiary of Tech Mahindra.
'Satyam is a very valuable company'14-APR-09
Calling it the culmination of the bid process, Kiran Karnik, chairman of Satyam Computer Services' board, said he was happy at the step. The board appeared relieved after a marathon run of selecting a bidder for the scam-tainted firm.
Satyam headcount is 48,000 now; 5,000 quit since Sept13-APR-09
Fraud-hit Satyam Computer, which will soon have a new owner in Tech Mahindra, has lost about 5,000 employees during September-March period of the past fiscal.
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