Three more members to Satyam board

The government has appointed three more members to fraud hit Satyam board. The three new members are Tarun Das, S. Balakrishnan and T. N. Manoharan.

Tarun Das has been chief mentor of Confederation of Indian Industry (CII), S. Balakrishnan is from Life Insurance Corporation (LIC) and T. N. Manoharan is the the former president of Institute of Chartered Accountants of India (ICAI).

The government had last week appointed Deepak Parekh (HDFC chief), Kiran Karnik, former head of National Association of Software and Service Companies (NASSCOM) and C. Achuthan, former presiding officer of Securities and Appellate Tribunal.

According to Deepak Parekh, the expanded six member board will meet on January 17.

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