Not making presentation to Satyam: L&T

Media reports had said L&T was likely to present a revival plan to board of fraud-hit Satyam.

Written by Reuters | Mumbai | Published:January 22, 2009 12:33 pm

Larsen & Toubro is not making a presentation to the new board of fraud-hit Satyam Computer Services,a spokesman said on Thursday.

“This is totally incorrect. We are not making any presentation. L&T is refuting all these media reports,” spokesman D. Morada said.

Media reports had said L&T was likely to present a revival plan to the board of fraud-hit Satyam. The new government-appointed board of Satyam is meeting in Hyderabad on Thursday and Friday.

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