Govt has no plans to sell Satyam: P C Gupta

The Minister for Corporate Affairs Minister PC Gupta told to media persons on Wednesday that government had no intention of selling the shares of scam hit Satyam Computers. The minister said that many corporates were expressed their interest to by Satyam Computers but the government had not decided on it.

The newly appointed board of directors have been acting fast on restoring the scam hit Satyam Computers. The difficult task would be arranging salaries for the employees of the company.

One of the directors of the newly constitute body, Deepak Parekh said that the company has received around 40 applications for the post of CEO at Satyam. He added that the board had been concentration over the funds the run the company.