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Mahindra Satyam's new chief
By Eeika Kinetz |
June 24, 2009, Wednesday
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Print Edition
Print Edition
MAHINDRA Satyam, a rebranded Indian outsourcing company nearly brought down in a US$1 billion fraud, said yesterday that C.P. Gurnani, an executive from its new controlling shareholder, has been appointed chief executive.
Gurnani, 50, currently heads global operations at Tech Mahindra, a mid-sized Indian telecommunications outsourcing firm.
The company which won a bid in April to buy a controlling stake in Satyam Computer Services Ltd - officially rechristened Mahindra Satyam on Sunday.
Satyam Computer's future was in doubt earlier this year after its founder B. Ramalinga Raju confessed to the US$1 billion fraud that had inflated the company's profits over several years.
Gurnani, 50, currently heads global operations at Tech Mahindra, a mid-sized Indian telecommunications outsourcing firm.
The company which won a bid in April to buy a controlling stake in Satyam Computer Services Ltd - officially rechristened Mahindra Satyam on Sunday.
Satyam Computer's future was in doubt earlier this year after its founder B. Ramalinga Raju confessed to the US$1 billion fraud that had inflated the company's profits over several years.
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