NEW DELHI, Jan 7 (Reuters) - India's government is verifying the facts after Satyam's chairman resigned saying profits had been inflated, and will take action with the market regulator once they are established, the federal minister for company affairs said.
'It is shameful and should not have happened,' Prem Chand Gupta told reporters on Wednesday.
(Reporting by Manoj Kumar, Editing by Mark Williams) Keywords: SATYAM/MINISTER (devidutta.tripathy@thomsonreuters.com; +91 11 4178 1009; Reuters Messaging: devidutta.tripathy.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'It is shameful and should not have happened,' Prem Chand Gupta told reporters on Wednesday.
(Reporting by Manoj Kumar, Editing by Mark Williams) Keywords: SATYAM/MINISTER (devidutta.tripathy@thomsonreuters.com; +91 11 4178 1009; Reuters Messaging: devidutta.tripathy.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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