COMPANIES The Indian government has drafted one of the country’s most senior bankers into a team it appointed on Sunday to the board of scandal-hit Satyam Computer Services as authorities broadened their crackdown in the country’s worst fraud in recent memory.
Manmohan Singh, the prime minister, intervened to push for the appointment of Deepak Parekh, chairman of HDFC Bank, to the board to stop the fall-out from the scandal, which is threatening India’s reputation for corporate governance.
