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Mynampati may replace Raju: reports

Sources said Mynampati, also a director of the company, may takeover from Raju, who resigned after facing flak for his company's move to acquire two firms promoted by his sons.

Updated on: Jan 7, 2009, 12:33:39 IST
PTI | By , Hyderabad
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Satyam Computer on Wednesday said its founder Ramalinga Raju, who stepped down as Chairman of the Board, would continue in the position till a replacement was found, even as speculation was rife that its President Ram Mynampati would replace him.

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HT Image

Sources said Mynampati, also a director of the company, may takeover from Raju, who resigned after facing flak for his company's move to acquire two firms promoted by his sons.