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Satyam suffered incredible loss due to previous mgmt: Chmn

Mahindra Satyam has files suit against former board of directors, certain former employees and auditor Price Waterhouse. Vineet Nayyar, chairman of Mahindra Satyam says, the company has suffered incredible loss.

January 10, 2012 / 09:03 IST
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Mahindra Satyam has filed suit against former board of directors, certain former employees and auditor Price Waterhouse seeking damages for perpetrating fraud. The suit has been filed in Hyderabad City Civil Court.

In an interview to CNBC-TV18, Vineet Nayyar, chairman of Mahindra Satyam says, the company has suffered incredible loss.
TAGS: #Business #Hyderabad City Civil Court #Mahindra Satyam #Vineet Nayyar
first published: Jan 9, 2012 06:51 pm

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