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Satyam was India Inc’s biggest fraud, it won’t be the last

Posted on: August 29th 2009 in Press Releases.

If it is a fraud to conceal fraud, consider this a sincere effort to shed some light. With 697 cases of fraud filed under the Companies Act and Fraud Top Accounting scandals | Satyam’s rise, fall & resurrection | Decoding the Satyam buy | The Great Fall of Satyam | The c…

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Satyam ‘ghost’ haunts Maytas

Posted on: July 16th 2009 in Press Releases.

The fact it is promoted by kin of disgraced Satyam founder Ramalinga Raju is continuing to haunt Maytas Infrastructure, although it has a healthy order book of Rs 8,000 crore and is no longer run on a day to day basis by Teja Raju. “We feel pained by the continuous equation of May…

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Satyam fraud report by ICAI on July 9

Posted on: June 28th 2009 in Stock News.

The high-powered committee set up by the Institute of Chartered Accountants of India (ICAI) to look into the multi-crore fraud at erstwhile Satyam Computer will submit its report on July 9.”We will submit the report to the Ministry of Corporate Affairs on July 9 after we finalise th…

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Satyam still among top 5, says MCA official

Posted on: April 10th 2009 in Press Releases.

Maytas Infra appoints K Ramalingam as chairman and Anil K Agarwal on the board Satyam Computer Services Ltd continues to retain its position among India’s top five software service providers, according to a senior Ministry of Corporate Affairs (MCA) official …

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Three more arrests in Satyam case

Posted on: April 6th 2009 in Stock News.

The Central Bureau of Investigation (CBI), probing the Satyam fraud case, arrested the IT firm’s Vice-President (Finance) G Ramakrishna and two other employees on last night.According to CBI Deputy Director General V V Lakshmi Narayana, the arrested employees were involved in prepar…

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