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- India: Satyam fraud $1B more than founder claimed 25 Nov 2009 19:04 GMT
... MUMBAI, India (AP) -- Indian investigators have said the fraud at Satyam Computer Services, once India's fourth-largest software services firm, was at least 47.39 billion rupees ($1 ...
- Satyam shares tumble over fresh charges 25 Nov 2009 19:12 GMT
... the Central Bureau of Investigation said that the alleged accounting fraud at the former Satyam Computer Services’ was significantly larger than previously stated by B. Ramalinga Raju, the former chairman ...
- India: Satyam fraud $1 billion more than founder claimed 25 Nov 2009 20:31 GMT
... MUMBAI, India — Investigators in India have said the fraud at Satyam Computer Services, once India's fourth-largest software services firm, was at least 47.39 billion rupees ($1 ...
- Additional Fraud at Satyam Discovered 25 Nov 2009 21:32 GMT
... NEW DELHI — The accounting fraud at Satyam Computer Services was 40 percent larger than what the Indian software company's former chairman had ...
- Mahindra Satyam shares tumble on new charges 25 Nov 2009 19:37 GMT
... former chairman and nine others associated with the outsourcing firm, which was then called Satyam Computer Services. The agency said the new charges included that revenues had been inflated by ...
- Raju bought 1,065 properties through unauthorised loans: CBI 25 Nov 2009 01:01 GMT
... board resolutions and unauthorisedly obtained loans to the tune of Rs 1,220 crore for Satyam Computer. They also prepared fake invoices worth Rs 430 crore”. The chargesheet comes within days ...
- Raju bought 1,065 properties through unauthorised l... 25 Nov 2009 06:14 GMT
... board resolutions and unauthorisedly obtained loans to the tune of Rs 1,220 crore for Satyam Computer. They also prepared fake invoices worth Rs 430 crore”. The chargesheet comes within days ...
- CLB's new chairman to join ahead of schedule 25 Nov 2009 17:58 GMT
... revisit cases handled by Vasudevan in the past, including that of the fraud at Satyam Computer Services Ltd. “Various cases including that of Satyam has been handled by a group ...
- Today's Big Losers: TBH, SAY, WMG 25 Nov 2009 19:12 GMT
... reporting that the Central Bureau of Investigation in India is claiming that insiders at Satyam Computer Services (NYSE: ) purchased more than one thousand pieces of property with diverted company ...
- IT cos cautious on growth, eye M&A 25 Nov 2009 13:56 GMT
... consolidation in the sector boosts demand for technology. Mahindra Satyam -- earlier known as Satyam Computer, a company that was rocked by India’s biggest corporate fraud and subsequently sold -- ...
- Indian IT companies cautious on gradual recovery, eye M&A 25 Nov 2009 20:40 GMT
... its revenue, as consolidation in the sector boosts demand for technology. Mahindra Satyam—the erstwhile Satyam Computer Services Ltd—is also adding new clients, said Atul Kunwar, president of its global operations. ...
- Sensex gains; rupee hits 1-month high 25 Nov 2009 21:40 GMT
... Cement rose 1.9% to 91.95 rupees, trimming its drop in the period to 6%. Satyam Computer Services Ltd fell 11% to 90.75 rupees, the most since January, after the nation’s ...
- ADR Report-Foreign shares rise after US jobless, housing data 25 Nov 2009 18:12 GMT
... to $7.13 after reporting third-quarter earnings that topped Wall Street's expectations. [ID:nWNAB9562] India's Mahindra Satyam Computer Services Ltd ( ) slumped 7.7 percent to $4.66 after India's federal investigation agency ...
- Rs4,739 cr more fraud in Satyam: CBI 24 Nov 2009 20:44 GMT
... of Investigation (CBI) has found evidence of an additional Rs4,739 crore corporate fraud in Satyam Computer Services Ltd, perpetrated by its founder R. Ramalinga Raju and his associates, the agency ...
- CBI files second chargesheet in the Satyam scam 24 Nov 2009 13:12 GMT
... board resolutions and unauthorisedly obtained loans to the tune of Rs 1,220 crore for Satyam Computer. "They also prepared fake invoices worth Rs 430 crore," the chargesheet said. The chargesheet ...
- CBI files second chargesheet in Satyam scam; probe over 24 Nov 2009 15:21 GMT
... today filed a second chargesheet against the accused in the multi-crore accounting fraud in Satyam Computer, including its founder chairman B Ramalinga Raju and Mahindra Satyam's internal audit head V ...
- CBI pegs Satyam fraud at Rs 14,000 crore 24 Nov 2009 21:13 GMT
... additional chargesheet however fails to nail Raju and aides on siphoning of funds from Satyam Computer, instead saying that the investigating agency was planning to file a separate chargesheet on ...
- Satyam Scam: CBI files second chargesheet 24 Nov 2009 13:17 GMT
... unauthorisedly obtained loans to the tune of Rs 1,220 crore (Rs 12.20 billion) for Satyam Computer. "They also prepared fake invoices worth Rs 430 crore (Rs 4.30 billion)," the chargesheet ...
- Indian authorities file new charges in Satyam scam 24 Nov 2009 18:04 GMT
... some of the world's biggest companies such as Nestle, General Electric and General Motors. Satyam Computer Services, based in the southern city of Hyderabad, re-branded itself in June as Mahindra ...
- Satyam scam is of over Rs.14,000 crore: CBI (Second Lead) 24 Nov 2009 22:49 GMT
... - 9:32 pm ICT by IANS Hyderabad, Nov 24 (IANS) The accounting scam at Satyam Computer Services is to the tune of Rs.14,000 crore (Rs.140 billion/$2.8 billion) and not Rs.7,800 ...
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