Will act on Satyam after getting details: AP CM
Andhra Pradesh Chief Minister Y S Rajasekhara Reddy on Wednesday said he was not aware of the details of the Satyam Computer financial fraud, and would take appropriate action after studying the case.
By PTI |
NEW DELHI: Andhra Pradesh Chief Minister Y S Rajasekhara Reddy on Wednesday said he was not aware of the details of the Satyam Computer financial fraud, and would take appropriate action after studying the case.
Reddy was here for a meeting with Planning Commission Deputy Chairman Montek Singh Ahluwalia.
Raju, founder-chairman of India's fourth largest IT firm Satyam, headquartered in Hyderabad, today revealed that balance sheet of Satyam had been inflated and that he would subject himself to the laws of the land.
"Let me see," was all Reddy had to say when asked what action his government take.
On the Hyderabad metro project that is awarded to Maytas, promoted by Raju's son, he said it was not with Satyam.
Reddy was here for a meeting with Planning Commission Deputy Chairman Montek Singh Ahluwalia.
Raju, founder-chairman of India's fourth largest IT firm Satyam, headquartered in Hyderabad, today revealed that balance sheet of Satyam had been inflated and that he would subject himself to the laws of the land.
"Let me see," was all Reddy had to say when asked what action his government take.
On the Hyderabad metro project that is awarded to Maytas, promoted by Raju's son, he said it was not with Satyam.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
