India's Fourth Largest IT company Satyam Computer Services has been banned by World Bank said by a Fox News report. The report admits that a senior World Bank official admitting that Satyam has been barred from all business at the bank for eight years.
World Bank debarment has been meted out for "improper benefits to bank staff" and "lack of documentation on invoices," according to Fox News report.
Previsouly there was news that is satyam computers blacklisted?
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