Satyam Impact: Maytas Infra Chairman RC Sinha resigns

Breaking News! The Satyam storm had another victim today, as construction firm Maytas Infra Ltd's Chairman, RC Sinha resigned from his post, citing personal reasons. Sinha was also the non-executive director of the company. According to reports, Sinha had sent his resignation on January 6. Satyam promoters currently hold 36% stake in Maytas Infra.

Recently, Satyam made an attempt the merge Maytas with the parent company. It had to back off after strong protests from the investors, which ultimately led the disclosure of the huge scam in Satyam followed by the resignation of Chairman Ramalinga Raju.

(Content © BreakingNewsOnline)