And cross-posting this as well:
<!--QuoteBegin-Viren+Jan 13 2009, 01:45 AM-->QUOTE(Viren @ Jan 13 2009, 01:45 AM)<!--QuoteEBegin-->Harvard professor Palepu may have to quit DRL board
<!--QuoteBegin--><div class='quotetop'>QUOTE<!--QuoteEBegin-->MUMBAI: Harvard Professor Krishna G Palepu, the former non-executive director of Satyam Computer Services, may have to step down from yet
Satyam office
Following Indiaâs biggest accounting scandal, Dr Reddyâs Laboratories has informally asked Mr Palepu to resign from its board where he is an independent director.
A source in Dr Reddyâs Lab told ET that the companyâs senior management has sent feelers to Mr Palepu to quit.
The companyâs board is meeting on January 20 to consider the December quarter results. Mr Palepuâs role is expected to be discussed at the meeting. <b>Mr Palepu was a non-executive director on Satyamâs board, which cleared the books cooked under B Ramalinga Rajuâs leadership.</b> âWe have not heard from Mr Palepu so far,â a source at Dr Reddyâs said. <!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Incidentally, Mr Palepu was also on the board of Global Trust Bank (GTB) which collapsed in 2002 following an accounting scam. <!--QuoteEnd--><!--QuoteEEnd-->
Remember the genius who lost 70%+ of his proposed blocks to edits in CA went on to claim 'victory'? Prof Palepu probably was keeping up with Witzel's or Harvard tradition to not rely on those silly things like Maths or Ethics.
[right][snapback]93028[/snapback][/right]<!--QuoteEnd--></div><!--QuoteEEnd-->
<!--QuoteBegin-Viren+Jan 13 2009, 01:45 AM-->QUOTE(Viren @ Jan 13 2009, 01:45 AM)<!--QuoteEBegin-->Harvard professor Palepu may have to quit DRL board
<!--QuoteBegin--><div class='quotetop'>QUOTE<!--QuoteEBegin-->MUMBAI: Harvard Professor Krishna G Palepu, the former non-executive director of Satyam Computer Services, may have to step down from yet
Satyam office
Following Indiaâs biggest accounting scandal, Dr Reddyâs Laboratories has informally asked Mr Palepu to resign from its board where he is an independent director.
A source in Dr Reddyâs Lab told ET that the companyâs senior management has sent feelers to Mr Palepu to quit.
The companyâs board is meeting on January 20 to consider the December quarter results. Mr Palepuâs role is expected to be discussed at the meeting. <b>Mr Palepu was a non-executive director on Satyamâs board, which cleared the books cooked under B Ramalinga Rajuâs leadership.</b> âWe have not heard from Mr Palepu so far,â a source at Dr Reddyâs said. <!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Incidentally, Mr Palepu was also on the board of Global Trust Bank (GTB) which collapsed in 2002 following an accounting scam. <!--QuoteEnd--><!--QuoteEEnd-->
Remember the genius who lost 70%+ of his proposed blocks to edits in CA went on to claim 'victory'? Prof Palepu probably was keeping up with Witzel's or Harvard tradition to not rely on those silly things like Maths or Ethics.
[right][snapback]93028[/snapback][/right]<!--QuoteEnd--></div><!--QuoteEEnd-->