Business Daily from THE HINDU group of publications
Tuesday, Jan 13, 2009
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Business Daily from THE HINDU group of publications Tuesday, Jan 13, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Info-Tech
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People Industry & Economy - Medical Institutions & Hospitals
Our Bureau Hyderabad, Jan. 12 The EMRI (Emergency Medicare and Research Institute), which runs the highly popular, live-saving service ‘108’, has seen an exodus from its 12-member, high profile Board of Governors, including former President Dr A.P.J Abdul Kalam, following the shocking developments at Satyam Computer Services. Dr Kalam, Chairman (emeritus), leads the list of Board members who have sent in their resignations. Mr Kiran Karnik, named one of the 3-member Government nominated Board at Satyam, quit in the last 48 hours. Dr Kalam, Prof. Krishna Palepu (Harvard Business School), who also quit Satyam Board on December 29, 2008; Mr K.V. Kamath (Chairman, ICICI), Mr Tarun Das (CII President) sent in their resignations on January 7, 2009 after the revelations made by Mr B. Ramalinga Raju, top sources told Business Line. Mr Raju and his brother Mr B. Rama Raju who have committed 5 per cent financial support for the EMRI, which Satyam calls its Corporate Social Responsibility (CSR), also quit from their positions as Chairman and member respectively. Among the five members left on the board are Mr Rajat Gupta, former global head of McKinsey & Co., Prof. Raj Reddy of Carnegie Mellon University; Dr Jayaprakash Narayan (Lok Satta Party), Mr Krishnam Raju (Indo-American Cancer Hospital) and Mr Venkat Changavalli, Chief Executive Officer (CEO). More Stories on : People | Medical Institutions & Hospitals | Satyam Computer Services Ltd | Economic Offences
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