Satyam appoints bankers; can pay Jan salaries

The board has appointed Boston Consulting Group as management advisors and Goldman Sachs and Avendus, an Indian investment bank, as investment bankers, the company said in a statement.

The board said it had also concluded most discussions related to immediate funding requirements, but did not specify details.

It said it would pay January salaries as scheduled from internal accruals and receiveables.

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