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Satyam urgently needs Rs 150 cr: Mynampati

Satyam's senior management executive Ram Mynampati has informed the government that the troubled IT firm would need Rs 150 crore to meet insurance liabilities of its US employees.

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Satyam's senior management executive Ram Mynampati has informed the government that the troubled IT firm would need Rs 150 crore to meet insurance liabilities of its US employees.


"We have received a mail or two from Mynampati. They indicated that they would need something of the order of Rs 150 crore to take care of the health insurance liabilities of the employees in the US," Economic Affairs Secretary Ashok Chawla told reporters here.

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