Kiran Karnik

Satyam's chairman Kiran Karnik speaks during a press conference in Mumbai. Telecommunications firm Tech Mahindra has bought a controlling stake in Satyam Computer Services, the outsourcing giant nearly brought down in a $1 billion fraud. Tech Mahindra purchased 31 percent of Satyam for $351 million, the highest bid submitted before the deadline.

AP Photo/Gautam Singh



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