Former Satyam chief Raju gets bail (Second Lead)
August 18th, 2010 - 8:42 pm ICT by IANS
Hyderabad, Aug 18 (IANS) Andhra Pradesh High Court Wednesday granted bail to B. Ramalinga Raju, prime accused in the multi-crore Satyam fraud case.
After spending 19 months in jail, the former chairman ... Read more...
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Former Satyam chief Raju gets bail (Lead)
August 18th, 2010 - 5:54 pm ICT by IANS
Hyderabad, Aug 18 (IANS) Andhra Pradesh High Court Wednesday granted bail to B. Ramalinga Raju, the prime accused in the multi-crore Satyam fraud case.
Justice Raja Elango, who had reserved the orders ... Read more...
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Ramalinga Raju gets bail
August 18th, 2010 - 5:43 pm ICT by IANS
Hyderabad, Aug 18(IANS) Andhra Pradesh High Court Wednesday granted bail to B. Ramalinga Raju, the prime accused in the multi-crore Satyam fraud case.
Justice Raja Elango, who had reserved the orders after ... Read more...
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Satyam case: Andhra Pradesh High Court grants bail to Raju
August 18th, 2010 - 5:21 pm ICT by ANI
Hyderabad, Aug 18 (ANI): The Andhra Pradesh High Court on Wednesday granted bail to former Satyam Computers Chairman B Ramalinga Raju in connection with the multi-crore financial scam case.Raju has now ... Read more...
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Andhra High Court adjourns hearing on Raju’s bail plea
August 5th, 2010 - 5:10 pm ICT by IANS
Hyderabad, Aug 5 (IANS) The Andhra Pradesh High Court Thursday adjourned the hearing on the bail petition of B. Ramalinga Raju, the prime accused in the multi-crore Satyam fraud case.
Justice Raja ... Read more...
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Satyam scam: Examination of Raju, others adjourned to July 26
July 23rd, 2010 - 5:52 pm ICT by ANI
Hyderabad, July 23 (ANI): A local court on Friday adjourned the case of examination of former Chairman of Satyam Computers B Ramalinga Raju through a questionnaire and nine other accused in ... Read more...
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ED to probe money transfer in Satyam scam: Khurshid
July 13th, 2010 - 10:24 pm ICT by ANI
New Delhi, July 13 (ANI): Minister of State for Corporate Affairs Salman Khurshid on Tuesday said the Enforcement Directorate probing the financial irregularities in the multi-crore Satyam scam is investigating if ... Read more...
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Government hopeful US will not impose any penalty on Satyam
July 13th, 2010 - 5:25 pm ICT by IANS
Kolkata, July 13 (IANS) Corporate Affairs Minister Salman Khurshid said here Tuesday the government is hopeful that the capital market regulator in the United States would not impose any penalty on ... Read more...
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Satyam scam accused allowed to use computer in jail
June 25th, 2010 - 8:00 pm ICT by IANS
Hyderabad, June 25 (IANS) A city court Friday allowed an accused in the Rs.14,000 crore Satyam scam to use a computer in jail to prepare for his defence, while the Andhra ... Read more...
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CBI seeks to examine Satyam chief by video-conferencing
April 23rd, 2010 - 9:05 pm ICT by IANS
Hyderabad, April 23 (IANS) The Central Bureau of Investigation (CBI) Friday sought permission from the special court trying Satyam Computers' former chairman B. Ramalinga Raju in the Rs.78 billion scam to ... Read more...
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Satyam’s founder Raju denied bail
March 15th, 2010 - 8:48 pm ICT by IANS
New Delhi, March 15 (IANS) The Supreme Court Monday denied bail to scam-hit Satyam Computer Services Ltd's founder B. Ramalinga Raju, saying that he is the main accused in the case.
A ... Read more...
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Satyam’s Raju applies for bail in Supreme Court
March 12th, 2010 - 2:03 pm ICT by ANI
New Delhi, Mar 12 (ANI): B Ramalinga Raju, who resigned as chairman of Satyam Computer Services Ltd. after being charged for Rs 7,100 crore financial scam, has applied for bail in ... Read more...
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Hyderabad Metro Rail to be completed in five years
February 19th, 2010 - 5:32 pm ICT by IANS
Hyderabad, Feb 19 (IANS) The Hyderabad Metro Rail project will be awarded to a new developer in May this year and will be completed in five years, the Andhra Pradesh government ... Read more...
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Satyam probe almost complete, says Khursheed
February 7th, 2010 - 7:08 pm ICT by ANI
Chennai, Feb. 7 (ANI): Union Corporate Affairs Minister Salman Khursheed has said that the probe into the fiasco of Satyam Computer Services Limited is almost complete and the trial would take place ... Read more...
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Apex court grants bail to Satyam scam auditor
February 4th, 2010 - 9:07 pm ICT by IANS
New Delhi, Feb 4 (IANS) The Supreme Court Thursday granted bail to PriceWaterhouse auditor Talluri Srinivas, arrested for his alleged role in doctoring Satyam Computer's accounts in collusion with firm's founder ... Read more...
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Padma awardees Venu Srinivasan and Manoharan feel overwhelmed
January 26th, 2010 - 12:51 am ICT by IANS
Chennai, Jan 25 (IANS) Two of the Padma Shri awardees belonging to the trade and industry category are from Tamil Nadu - Venu Srinivasan, chairman TVS Motor Company Ltd, and T.N. Manoharan, ... Read more...
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CBI files second charge sheet in Satyam scam
January 7th, 2010 - 8:40 pm ICT by IANS
New Delhi, Jan 7 (IANS) The Central Bureau of Investigation (CBI) Thursday filed before a Hyderabad court a second charge sheet in the multi-million-rupee Satyam scam against the company's former chairman ... Read more...
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Salman Khurshid assures Maytas’ NRIs investors of government help
January 7th, 2010 - 8:38 pm ICT by ANI
By Damanjeet KohliNew Delhi, Jan. 7 (ANI): Union Corporate Affairs Minister Salman Khurshid has said that government will help the non-resident Indians (NRIs) who invested money in Maytas hill country project, ... Read more...
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New norms, obligations on corporate governance unveiled
December 21st, 2009 - 4:29 pm ICT by IANS
New Delhi, Dec 21 (IANS) In a bid to bring more accountability and responsiveness among companies toward all stakeholders, new guidelines on corporate governance that will be voluntary for a year ... Read more...
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Mahindra Satyam settles US law suit with $70 mn
December 9th, 2009 - 6:46 pm ICT by IANS
Hyderabad, Dec 9 (IANS) Mahindra Satyam Wednesday said it had settled a US lawsuit filed by Updaid, a client of erstwhile Satyam Computer Services, for $70 million.
"The board approved a settlement ... Read more...
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Reports don’t reflect financial position: Satyam
December 3rd, 2009 - 5:05 pm ICT by ANI
Bangalore, Dec.3 (ANI): Satyam Computer Services has said recent media reports on the magnitude of the accounting fraud at the company don't reflect its current financial position and liabilities.India's Central Bureau ... Read more...
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Mahindra Satyam to expand operations in Malaysia
December 1st, 2009 - 7:00 pm ICT by IANS
Mumbai, Dec 1 (IANS) Mahindra Satyam is expanding its operations in Malaysia by moving more software development and delivery operations to its solution centre in that country, the IT bellwether said ... Read more...
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No special favours to Mahindra Satyam: Minister
November 26th, 2009 - 7:14 pm ICT by IANS
New Delhi, Nov 26 (IANS) Corporate Affairs Minister Salman Khurshid Thursday said his ministry had granted no special favours to Mahindra Sataym in giving it extra time to state its book of ... Read more...
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Satyam scam is of over Rs.14,000 crore: CBI (Second Lead)
November 24th, 2009 - 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 crore (Rs.78 billion) as the company's disgraced ... Read more...
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Satyam scam is of over Rs.14,000 crore, says CBI (Lead)
November 24th, 2009 - 8:59 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 crore (Rs.78 billion) as the company's disgraced ... Read more...
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CBI files additional charge sheet in Satyam case
November 24th, 2009 - 8:27 pm ICT by IANS
Hyderabad, Nov 24 (IANS) The Central Bureau of Investigation (CBI) Tuesday filed an additional charge sheet against former Satyam Computer Services founder-chairman B. Ramalinga Raju and others accused in the Rs.78-billion ... Read more...
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No law can guarantee safety from fraud, says ICAI president
September 19th, 2009 - 10:38 pm ICT by IANS
Chandigarh, Sep 19 (IANS) Corporate enterprises will have to make extra efforts to avoid fraud in their companies as no law can guarantee against it, the Institute of Chartered Accountants of ... Read more...
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Ramalinga Raju stable in intensive care unit
September 8th, 2009 - 11:54 am ICT by IANS
Hyderabad, Sep 8 (IANS) Disgraced founder of Satyam Computer Services Ltd B. Ramalinga Raju remained in the intensive care unit of a government-run hospital Tuesday after he suffered a cardiac arrest ... Read more...
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Ramalinga Raju suffers cardiac arrest in jail, shifted to hospital
September 8th, 2009 - 2:29 am ICT by IANS
Hyderabad, Sep 8 (IANS) Disgraced founder of Satyam Computer Services Limited B. Ramalinga Raju suffered cardiac arrest in a jail here Monday night and was rushed to a hospital.Raju, who is ... Read more...
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Chartered Accountants meet in Hyderabad Aug 29
August 25th, 2009 - 7:09 pm ICT by IANS
Hyderabad, Aug 25 (IANS) Forensic accounting, fraud detection, convergence to international financial reporting standards and non-resident taxation are among key issues that will come up for discussion at the 41st southern regional ... Read more...
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New companies bill introduced in Lok Sabha
August 3rd, 2009 - 7:56 pm ICT by IANS
New Delhi, Aug 3 (IANS) A new Companies Bill was introduced in the Lok Sabha Monday with stringent clauses to deal with corporate frauds against the backdrop of the Satyam Computer Services ... Read more...
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Ramalinga Raju’s judicial custody ends today
July 22nd, 2009 - 11:19 am ICT by ANI
Hyderabad, July 22 (ANI): The judicial custody of former Satyam Computers chairman B Ramalinga Raju and other accused in connection with the 7,800 crore fraud at the IT major ends today. ... Read more...
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Fresh global bids invited for Hyderabad Metro
July 17th, 2009 - 2:50 pm ICT by IANS
Hyderabad, July 17 (IANS) The Andhra Pradesh government has invited fresh global bids for the Rs.121-billion ($2.4-billion) Hyderabad Metro Rail project in a public-private partnership (PPP) mode.
The notification issued late Thursday ... Read more...
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Andhra to call global bids for Hyderabad Metro
July 13th, 2009 - 8:21 pm ICT by IANS
Hyderabad, July 13 (IANS) A week after scrapping the deal with Maytas Infra-led consortium for the Hyderabad Metro Rail, the Andhra Pradesh government Monday decided to invite fresh global bids for ... Read more...
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Mahindra Satyam retains contract with GlaxoSmithKline
July 9th, 2009 - 10:12 pm ICT by IANS
Hyderabad, July 9 (IANS) Mahindra Satyam renewed a five-year multi-million dollar contract with GlaxoSmithKline (GSK) to provide system application products (SAP) and other critical systems support worldwide, the IT services provider said ... Read more...
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