IHS Chemical Week

Services :: Information Technology

Indian Government Okays Satyam Request to Sell Stock to Strategic Investor

10:37 AM MST | February 20, 2009 | Esther D'Amico

India’s Company Law Board (CLB) has approved Satyam Computer Services’ (Hyderabad, India) plan to increase equity so that the financially troubled IT consulting firm may sell preferred stock to a strategic investor, Satyam says. Satyam’s board has told CLB that it has taken several steps “for the financial revival” of the company, but that it needs a strategic investor to “pump in sufficient equity capital” and provide managerial expertise, the CLB order states. Satyam is still reeling from what is being called...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa