HYDERABAD, India, Jan 17 (Reuters) - India's government will pick a chairman for fraud-hit Satyam Computer Services (SATY.BO: Quote, Profile, Research), a member of the company's new six-person government-appointed board said after it met on Saturday.

Deepak Parekh said that no major decision had been made during the meeting in the company's headquarters in the southern city of Hyderabad.

"We met the senior management," he told Reuters.

Satyam, India's No. 4 software services exporter, has been battling for survival since chairman Ramalinga Raju suddenly resigned last week, revealing profits had been falsified for years and that $1 billion of cash on the books did not exist.

The company was expected to issue a statement shortly. (Reporting by Devidutta Tripathy, editing by Anthony Barker)