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ftalphaville.ft.com - 1/8/2009
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The chairman of Satyam Computer Services, which ranks as India's fourth-largest software operation, has fessed up to years of book-cooking. Shares in the company crashed 80 per cent on Wednesday, taking the wider Indian stock market down 7 per cent.
Here's his confession:
To the Board of ...
minilien.com - 1/7/2009
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minilien.com —
Hyderabad: Satyam Computer Services founder chairman B. Ramalinga
Raju resigned from the IT major's board after admitting...
a fraud to the tune of Rs 4000 crore ($823 million) in the balance sheet of the company.
(more)
Ramalinga Raju, Ramalinga Raju Resigns, Ramalinga Raju ...
lnk.in - 1/7/2009
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lnk.in —
Satyam Computer Services founder chairman B. Ramalinga Raju
resigned from the IT major's board after admitting a...
fraud to the tune of Rs 5,040 crore in the balance sheet of the company.
(more)
Ramalinga Raju quit, Satyam chairman Ramalinga Raju ...
minilien.com - 1/7/2009
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minilien.com —
Bangalore: The Satyam Computer Services Ltd founder Chairman,
B. Ramalinga Raju and Managing Director, B. Rama Raju,...
have resigned from the board on Wednesday, the company announced
(more)
Satyam Chairman B Ramalinga Raju Resigns, Ramalinga Raju ...
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Observations for Thursday
InvivoAnalytics.com —
... ? Or was it the resignation letter from the desk of B. Ramalinga Raju , Chairman of Satyam Computer Services, which ranks as India’s fourth-largest software operation? Whatever it is, news is not good and the market was unable to go up. The S&P 500 Index hit resistance on a test of the December 2008 high. Traders will see shortly if buyers are waiting at the 50-day moving average below. Questions and Comments Please ...
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