Satyam retains Manoharan as director

Satyam Computer Services retained Mr T. N. Manoharan, the former President of Institute of Chartered Accountants of India, as a director of the company. It has co-opted Mr Ravindra Kulkarni as an additional director on the board with effect from Wednesday. Mr T.N. Manoharan, the Government-appointed director on the scam-hit firm, ceased to be the director two days ago along with Mr Ashok Kacker, conforming to the Company Law Board’s 2009 order. Mr Ravindra Kulkarni is on the boards of several listed companies including M&M and Tech Mahindra.