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Satyam's next board meeting on Saturday-member

Satyam Computer Services Ltd will hold its next board meeting on Saturday and the company had receivables of 17 billion rupees ($347 million, a new board member said on Thursday.

Updated on: Jan 15, 2009, 16:38:18 IST
Reuters | By , New Delhi
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Satyam Computer Services Ltd will hold its next board meeting on Saturday and the company had receivables of 17 billion rupees ($347 million), a new board member said on Thursday.

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HT Image

"Satyam has receivables of 1700 crore rupees (17 billion rupees)," Deepak Parekh, who was appointed to the firm's board by the government on Sunday, told reporters.

He spoke before a meeting with federal Corporate Affairs Minister Prem Chand Gupta.

Asked when the next board meeting would be held, Parekh said "Saturday".