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Rs 7,000-crore fraud Ramalinga Raju admits to inflating Satyam profits. Hyderabad, Jan. 7 In perhaps one of Corporate India’s worst unfolding chapters, Mr B. Ramalinga Raju, Founder-Chairman of the $2-billion Satyam Computer Services, dramatically stepped ... Satyam spooks market Sensex sinks 750 points. Mumbai, Jan. 7 In a unique case of upheavals at a single company pulling down the Indian stock market, Wednesday’s disclosures by the founder-Chairman of Satyam Computer Services rocked the equities market, sending ...

Stunning exit: Sat...	‘It was like riding a tiger’ Satyam chief’s letter talks of ‘tremendous burden’ on his conscience. Following is the text of the letter Satyam Computer Services Chairman, Mr B. Ramalinga Raju, wrote to the company’s board. Copies of the letter were ...

Bolt from the blue for staff
Hyderabad, Jan. 7 It was like a bolt from the blue for the staff of Satyam Computer Services as the news of Chairman Mr B Ramalinga Raju’s resignation for faking numbers broke out. Not that the staff were not expecting something ...

Gupta talks tough, wants RoC to submit report on Satyam in a week
New Delhi, Jan. 7 Taking a tough stance, the Ministry of Corporate Affairs (MCA) has directed its field office to submit in a week’s time the report on the financial irregularities disclosed by the promoters of Satyam Computer ...

SEBI team to probe into Satyam share dealings
Experts say process might not lead to new discoveries. Mumbai, Jan. 7 SEBI said it has appointed an investigating authority to look into transactions in the shares of Satyam Computer Services to determine if there have been violations of SEBI ...

Poser on Raju’s confession after share sale by IL&FS
Did lenders have prior knowledge of trouble?. Mumbai, Jan. 7 The timing of Mr Ramalinga Raju’s confessional statement admitting to a Rs 7,000-crore fraud in his company has raised several eyebrows among the ...

When a management is intent on committing fraud…
The Satyam episode is all over the place. Who are responsible for this largest ever corporate scam reported in the Indian context? “Obviously, the primary responsibility to report ‘true and fair’ representation of ...

Simple manipulation of revenues & earnings
Chennai, Jan. 7 Just what exactly is the financial/accounting manipulation of Mr ...

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