Deepak Parekh, Kiran Karnik and CK Achuthan on the new Satyam Board

Deepak Parekh, Kiran Karnik and CK Achuthan on the new Satyam Board

The Indian government has now announced the new members of the Satyam Board.

The names include Deepak Parekh, Kiran Karnik and CK Achuthan.

NASSCOM has said that they welcome the appointment of these well known people in the business community.

It said: “We are confident that this will help to ensure business continuity, build confidence and protect the interest of all the stakeholders – the employees, customers and investors”.

Som Mittal, President, NASSCOM added: “In the past few days, NASSCOM has been actively engaged with the government to provide the right perspectives, so that quick and decisive action can be taken. By acting in this bold and coordinated manner, the government has sent the right signals to the global community and set an example of what governments can do to protect stakeholder interests while ensuring strict adherence to the rule of law”.