Priority to protect Satyam employees, investors: Das

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 7:17 PM IST

A day before the second meeting of the new Satyam Computer Services board, newly-appointed director Tarun Das said the priority of the six-member team would be to protect the interest of employees, customers and investors.

"Our collective endeavour is to help find solutions to extremely difficult challenges facing the company and the priority is, as other board members have said, to safeguard the interest of employees, customers and investors," CII Chief Mentor said after being appointed on the troubled IT firm's board.

Das said he has accepted "the request" to serve on the government-nominated board of Satyam "in a spirit of public service".

The board, which held its first meeting on January 11, would be meeting tomorrow for the second time after the government appointed it to salvage the company from the impact of about Rs 7,800-crore fraud.

Besides Das, HDFC chairman Deepak Parekh, Nasscom past president Kiran Karnik and past presiding officer of the Securities Appellate Tribunal C Achuthan are the new members of the expanded board.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 16 2009 | 2:31 PM IST

Next Story