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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.

business Updated: Jan 07, 2009 12:33 IST
PTI

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.

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.

First Published: Jan 07, 2009 12:32 IST