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
Ramalinga Raju suffered a cardiac arrest in a Hyderabad jail on Monday.
http://www.ibnlive.com/news/satyam-exboss-raju-stable-still-in-icu/100888-3.html
The IT dept is gathering information for finalising the pending assessment.
http://www.ibnlive.com/news/satyam-raju-owe-govt-rs-541-cr-in-it-dues/98772-7.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
Tech Mahindra bought the scam-hit IT company in an open auction in April.
http://www.ibnlive.com/news/satyam-computers-is-now-mahindra-satyam/95348-7.html
Satyam reported a net profit of Rs 4 cr in January and revenues of Rs 681cr.
http://www.ibnlive.com/news/fraudhit-satyam-has-rs-373-crore-bank-balance/94518-7.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
Prathivadi will direct all activities of the company in the two countries.
http://www.ibnlive.com/news/satyam-names-prathivadi-new-country-manager-for-aus-nz/93867-7.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
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