01-14-2009, 03:03 AM
<b>Satyam man quits four firms</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->TR Prasad, a former cabinet secretary who was an independent director at Satyam Computer Services Limited, has quit the boards of four Indian companiesâGMR Infra, TVS Motor Company, Nelcast and Delhi International Airport Limited (DIAL).<!--QuoteEnd--><!--QuoteEEnd-->
<b>Ex-babu accused of favouring Rajus</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The officer is accused of selling land to Satyam in Nagpurâs air cargo hub, the project Sinha is now developing on governmentâs behalf, at a throwaway price.
Eyebrows were raised when Sinha, 70, quit Maytas the day Satyamâs ex-chairman Ramalinga Raju admitted to rigging the companyâs finances. Critics say Raju might have diverted some of this money to Maytas, which is run by his son Teja Raju.<!--QuoteEnd--><!--QuoteEEnd-->
Looks like outbreak of bubonic plaque.
<b>Ex-babu accused of favouring Rajus</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The officer is accused of selling land to Satyam in Nagpurâs air cargo hub, the project Sinha is now developing on governmentâs behalf, at a throwaway price.
Eyebrows were raised when Sinha, 70, quit Maytas the day Satyamâs ex-chairman Ramalinga Raju admitted to rigging the companyâs finances. Critics say Raju might have diverted some of this money to Maytas, which is run by his son Teja Raju.<!--QuoteEnd--><!--QuoteEEnd-->
Looks like outbreak of bubonic plaque.