Word: singhanisa
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Dates: during 2009-2009
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...trading Monday, while Satyam shares were up 3%. Also applauding the deal were India's business groups. "The smooth completion of the bidding process for Satyam demonstrates that India has an adequate legal and institutional mechanism for handling and resolving a major corporate crisis," says Harsh Pati Singhanisa, president of New-Delhi-based Federation of Indian Chambers of Commerce and Industry. "With this, Satyam will move for stabilization, its market value will get stabilized, benefiting both its clients, employees and all stakeholders," says Sajjan Jindal, president of the Associated Chambers of Commerce and Industry of India...
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