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World News : India Last Updated: Nov 2nd, 2009 - 17:32:57


Satyam approached by potential buyers
By Reuters
Jan 20, 2009, 19:49

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NEW DELHI (Reuters) - Troubled Indian software outsourcer Satyam Computer Services has been approached by potential buyers, a newly appointed board member, Tarun Das, said on Tuesday.

"All I can say, we have been approached by potential buyers," Das told reporters but gave no details.

Satyam, India's No.4 software services exporter, was plunged into crisis after founder Ramalinga Raju resigned as chairman earlier this month, revealing profits had been falsified for years and $1 billion of cash on the books did not exist.

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