Follow Us:
Wednesday, October 27, 2021

‘Satyam has not sought any govt financial help’

Satyam has not sought any financial help from the govt and the board is working on reviving the company,Prem Chand Gupta said.

Written by Reuters | New Delhi |
January 15, 2009 12:36:45 pm

Satyam Computer Services has not sought any financial help from the government and the new board is working on reviving the company,Corporate Affairs Minister Prem Chand Gupta said on Thursday.

“The company has not asked for any package. Three days ago a new board has been appointed. The board consists of eminent persons. They are on the job,” Gupta told reporters.

“Now it is for the new board to take a view. They may not need that,” Gupta said while elaborating on any government financial help for Satyam.

“If they require funds,they will raise it from banks.”

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Business News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard