A US court has declared former Satyam Computers chairman Ramalinga Raju, who last year was jailed after admitting to falsifying his company's accounts by over $1 billion, a pauper, thereby exempting him from paying court costs.
V S Prabhakar Gupta was arrested on charges of fabricating account books.
http://www.ibnlive.com/news/cbi-arrests-mahindra-satyams-audit-head/105708-7.html
Ramalinga Raju is now recovering in the intensive care unit.
http://ibnlive.in.com/videos/100940/watch-exsatyam-chief-feigning-a-heart-attack.html
Anand Mahindra's new team must reignite sales to make that possible.
http://www.ibnlive.com/news/forbes-india-building-dreams-from-satyams-rubble/97281-7.html
Mahindra had decided to buy Satyam a year before the scam broke out.
http://www.ibnlive.com/news/mahindra-had-been-eyeing-satyam-for-a-long-time/97107-7.html
Satyam is bulging with at least 10,000 employees who are not needed.
http://www.ibnlive.com/news/satyam-to-cut-cost-may-layoff-5000-employees/94084-7.html
The Minister spoke in reference to Satyam's plans to downsize.
http://www.ibnlive.com/news/govt-will-not-turn-blind-eye-to-layoffs-khursheed/93823-7.html
They want to de-freeze bank accounts and get back seized electronic items.
http://www.ibnlive.com/news/rajus-sons-move-court-to-defreeze-account/93425-7.html
CBI is still investigating, it is not proper to grant bail at this stage, ruled Court.
http://www.ibnlive.com/news/no-bail-for-satyam-auditors-trouble-at-satyam-bpo/93355-7.html
The fraud was executed through a well-planned accounting system.
http://www.ibnlive.com/news/raju-used-7000-false-invoices-to-fudge-books-cbi/91211-7.html
Open offer for acquiring 20 pc equity in Satyam to commence on June 12.
http://www.ibnlive.com/news/tech-mahindra-may-raise-satyam-shares-offer-price/91059-7.html
Indian takeover regulations necessitates a company to make an open offer.
http://www.ibnlive.com/news/tech-mahindras-open-offer-for-satyam-opens-june-12/90831-7.html
 |
|
