Wednesday, February 25, 2009

India eases takeover rules, paving way for Satyam sale

(MUMBAI) India amended takeover rules for companies where the government replaces the board to save them from collapse, paving the way for Satyam Computer Services Ltd's state-appointed board to sell a stake to a strategic investor.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,320940,00.html?

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