Satyam to decide on new CEO

Minister of state for Industry and Commerce, Ashwini Kumar on Thursday announced that the Satyam board will decide on the new Chief Executive Officer and Chief Financial Officer at its meeting in Hyderabad on Friday. Meanwhile a court in Hyderabad extended the police custody of Satyam's former Chairman Ramalinga Raju and former Chief Financial Officer Srinivas Vadlamani by a day.