Home > business, india > Satyam’s final roadmap in next 10 days: Karnik

Satyam’s final roadmap in next 10 days: Karnik

The Government-appointed Satyam Computer Board would decide on the final road map for bringing the IT major back on rails in the next 10 days, a top executive said on Wednesday.

“We would chart out the road map in the next 7-10 days,” Satyam Chairman Kiran Karnik told reporters here while answering a question on whether the Board would opt for an open offer or auction for the company.

The Satyam Board has scheduled its meeting in the city for tomorrow. “We will meet in Mumbai tomorrow at around 9.30 am and we are working on the venue,” he said.

Asked whether the decision on the road map would be taken in tomorrow’s Board meeting, Karnik said, “When I say 7-10 days, I expect we would have one more Board meeting. It may require Government approval we don’t know,” he said.

complete article @ IBNLive

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