Monday, June 22, 2009

Satyam Computers renamed Mahindra Satyam gets new CEO Gurnani

The Satyam Computers which was started by B.Ramalinga Raju.The company was started in the year 1987.It was India's fourth largest company and recently Ramalinga Raju was arrested and was later handed over to CBI for a corporate fraud of 1.5 billion USD.

The employees had a very bad time and after Mahindra taking over the company situation has improved a little bit.Nearly 400 employees who were in the virtual pool have been called back for work.

Tech Mahindra have not given new name for Satyam.They have opted for a different stratergy which means that the name of Satyam computer will still remain and they have gone for the experienced campaigner Gurnani as the CEO of Mahindra Satyam