Apart from buyback of shares, other issues are also likely to come up at the board meet of the beleaguered Satyam Computer Services scheduled for Monday.
The issues include the World Bank barring the fourth largest Indian IT services company from doing any business with it for eight years, higher dividend payments, speculations on founder chairman B Ramalinga Raju’s resignation and the market talk about the company becoming a takeover target.
Satyam has been in the line of fire since it made an attempt to buy the two Maytas firms. The reports pertaining to the World Bank fiasco have added to its woes.
