B. Ramalinga Raju, chairman of the Hyderabad-based Satyam Computer Services Ltd, has been elected chairman of the National Association of Software and Service Companies for 2006-07. Lakshmi Narayanan, president and CEO of the Chennai-based Cognizant Technology Solutions has been appointed vice-chairman of the IT industry’s lobby.
Mr Raju, who took over from S. Ramadorai, managing director and CEO of Tata Consultancy Services, co-founded Satyam Computer Services in 1987, and over the past nineteen years played a key role in the growth of the company from a fledgling outfit to the fourth largest software services firm in the country. Satyam currently has over 20,000 employees in 50 countries. The company, a part of the BSE Sensex and the NSE Nifty, is also listed on the New York Stock Exchange, with the stock being floated in May, 2001. The company has a market cap of US $6.2 billion.
Speaking about his role, Mr Ramalinga Raju, chairman, Nasscom, said, "I am deeply honored to be elected Nasscom’s chairman for 2006-07."
Mr Raju, who took over from S. Ramadorai, managing director and CEO of Tata Consultancy Services, co-founded Satyam Computer Services in 1987, and over the past nineteen years played a key role in the growth of the company from a fledgling outfit to the fourth largest software services firm in the country. Satyam currently has over 20,000 employees in 50 countries. The company, a part of the BSE Sensex and the NSE Nifty, is also listed on the New York Stock Exchange, with the stock being floated in May, 2001. The company has a market cap of US $6.2 billion.
Speaking about his role, Mr Ramalinga Raju, chairman, Nasscom, said, "I am deeply honored to be elected Nasscom’s chairman for 2006-07."