6 votes
With the revelation of massive fraud at Satyam, NYSE Euronext on Wednesday suspended Satyam's listing in Amsterdam and in New York
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6 votes
India's information technology outsourcing sector on Wednesday moved quickly to distance itself from the Satyam scandal, saying it was 'a stand-alone case', but the industry's clients might see it differently
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5 votes
Satyam's independent directors were among the most respected and renowned in India, as they covered key political, academic and corporate roles on the subcontinent and internationally
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6 votes
Considered one of the pioneers of the Indian information technology boom, B Ramalinga Raju, founder of Satyam Computer Services, had been hailed by many in India and abroad as a business visionary as his company posted profits' growth of about 20 per cent annually
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3 votes
Satyam's chairman admits cooking the books but the spotlight will not be on him alone
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2 votes
The performance of the regulatory agency SEBI leaves a lot to be desired and “its failure” is very evident in the Satyam affair, said Mr E.A.S. Sarma, former Energy Secretary and retired IAS
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3 votes
Chennai, Jan. 7 Several Hyderabad-based companies witnessed steep fall in share prices following the startling revelations by the Chairman of Satyam Computer.
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7 votes
4 votes
Mumbai, Jan. 7 FIIs such as Aberdeen Group and Swiss Finance Corporation sold part of their stake in Satyam on
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5 votes
Mumbai, Jan. 7 IT stocks were hit on Wednesday as Satyam Chairman and promoter Mr Ramalinga Raju admitted to a Rs 7,000-crore fraud in the company’s balance sheet, sending the market sentiments for a toss.
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4 votes
Mumbai, Jan. 7 The timing of Mr Ramalinga Raju’s confessional statement admitting to a Rs 7,000-crore fraud in his company has raised several eyebrows among the investor
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4 votes
Mumbai, Jan. 7 Several brokerage firms have dropped coverage on Satyam Computer Services with immediate effect following the stunning disclosures related to accounting discrepancies made by Mr B. Ramalinga Raju, the Chairman of the
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7 votes
We have just come to know of a gap in Satyam’s financial statements. For the first time in living memory, an iconic company in India is facing collapse because of financial reporting failure. The shocking revelations about Satyam’s
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6 votes
Mumbai, Jan. 7 SEBI said it has appointed an investigating authority to look into transactions in the shares of Satyam Computer Services to determine if there have been violations of SEBI rules.
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5 votes
Mumbai, Jan. 7 Domestic institutional investors in Satyam Computers Services such as LIC and ICICI Prudential Life have said that they will evaluate various options and take a decision on their holdings in the company, in the wake of the latest
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