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galatime.com - 1/7/2009
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Well, Satyam’s off to an interesting start for 2009:
In a letter to the board of directors, Raju states that Satyam’s balance sheet as on Sep 30, 2008, carries an inflated (non-existent) cash and bank balances of Rs 5,040 crore (as against Rs 5,361 reflected in the books).
Further, it ...
sify.com - 1/8/2009
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sify.com —
Satyam was the brand image of Andhra Pradesh,
Hyderabad was identified with this company, and its founder-chairman...
B. Ramalinga Raju was a hero to youngsters. But overnight, arguably the biggest fraud in India's corporate history has reduced the chairman and his company to a big zero.
(more)
The man who shocked the nation, satyam computers scam, ...
6url.com - 1/7/2009
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6url.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. Chairman, B. Ramalinga Raju and Managing Director, B. Rama Raju, have resigned.
(more)
Latest Satyam News, Satyam Computers chief Ramalinga ...
minilien.com - 1/7/2009
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minilien.com —
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 Resigns, Chairman Ramalinga Resigns ...
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