Thursday, December 25, 2008

Upaid seeks Satyam officials' testimony


HYDERABAD: Upaid Systems, a UK-based mobile payment services provider, on Thursday said it is asking a US court to seek a testimony from top
Satyam officials in connection with the Indian company’s abortive attempt to buy two firms linked to its founder.
Upaid said it is making the move because of the possibility of Satyam depleting its assets by acquiring the firms for $1.6 billion ahead of a judgment in a legal battle it is fighting against the Indian IT firm.

Satyam declined to comment, saying the matter was sub-judice.

Related Articles :


Stumble
Delicious
Technorati
Twitter
Facebook

0 comments:

Post a Comment

Career Launchers!!!

Note:

This blog can be viewed using all the browsers but can be best viewed in Mozilla Browser.
 

Career Launchers!!! Copyright © 2010 LKart Theme is Designed by Lasantha