Mahindra Satyam's new chief

By Eeika Kinetz | June 24, 2009, Wednesday |

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.

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Mahindra Satyam's new chief

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