HYDERABAD, India, Jan 8 (Reuters) - India's embattled Satyam Computer Services is speaking to its top 100 clients individually, and has received expressions of support from key customers, its interim CEO said on Thursday.
The chairman of the outsourcing company resigned on Wednesday saying that profits had been falsely inflated for years, sending the company's shares plunging nearly 80 percent.
Ram Mynampati was appointed the interim CEO.
'Our only aim at this time is to ensure that the business continues,' Mynampati told reporters at a news conference.
He said the company would help investigating agencies and had launched a process to assess its financial position.
For detailed coverage, see.
(Reporting by Sumeet Chatterjee; Editing by John Mair) Keywords: SATYAM/ (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.
The chairman of the outsourcing company resigned on Wednesday saying that profits had been falsely inflated for years, sending the company's shares plunging nearly 80 percent.
Ram Mynampati was appointed the interim CEO.
'Our only aim at this time is to ensure that the business continues,' Mynampati told reporters at a news conference.
He said the company would help investigating agencies and had launched a process to assess its financial position.
For detailed coverage, see.
(Reporting by Sumeet Chatterjee; Editing by John Mair) Keywords: SATYAM/ (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.
© 2009 AFX News
