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sify.com - 1/8/2009
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 ...
flingk.com - 1/8/2009
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flingk.com —
The New York Stock Exchange on Wednesday halted
trading in the stock of beleaguered Satyam Computer Services...
prior to the opening of the market at 9.30 am US eastern time, the NYSE said in a statement.
(more)
Satyam nyse, NYSE halts Satyam stock, Satyam Stock news, ...
galatime.com - 1/7/2009
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galatime.com —
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 ...
(more)
Satyam Computers: Canary in a Coal Mine?
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