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Raju Brothers Arrested in Satyam Fraud
Region: India
Former Satyam chairman Ramalinga Raju has been arrested on the account of Satyam fraud. His brother, former Satyam Managing Director Ram Raju has also surrendered and arrested before the Andhra Pradesh Director General of ... more
Views: 723 Rating:
Experts speak on Satyam Disaster
Region: IndiaAs we all know about the Satyam Fraud, here is what experts have to say on the hot topic of the day. Shankar Sharma of First Global predicts the stock price going to zero levels, "probably by the next trading session... more
Views: 929 Rating:
Satyam fraud speads panic
Region: India
The Chairman of Satyam Computer's- Ramalinga Raju has resigned today following an announcement of a fraud in the balance sheet. In his resignation letter, the chairman Raju admitted that the IT major's balance sheet has in... more
Views: 1220 Rating:
Satyam buyer likely to face 3 year lock-in
Region: IndiaThe government-appointed board of Satyam Computer Services is considering the option of imposing a lock-in clause while making a preferential allotment to a strategic investor. The proposed move is aimed at discouraging f... more
Views: 305 Rating:
Investors Shocked as Satyam admits to cheating by chairman Raju
Region: India
In a shocking relevation, India's fourth largest software exporting company, Satyam Computers, has admitted to wrong-doings and fraud. This was accompanied by the resignation of the Chairaman B. Ra... more
Views: 419