satyam computers

Richest MP Jagan is now prisoner 6093


May 28th, 2012 - 9:52 pm ICT by IANS
Hyderabad, May 28 (IANS) Another high-flying businessman-politician Y.S. Jaganmohan Reddy, said to be the richest MP, has landed in Chanchalguda Central Jail.The son of late Andhra Pradesh chief minister ... Read more...

Posted in Politics |

Government keen on passing new companies act


March 1st, 2012 - 6:13 pm ICT by IANS
New Delhi, March 1 (IANS) Corporate Affairs Minister M. Veerappa Moily Thursday said the government was keen on getting the new companies act passed in parliament to help curb unfair ... Read more...

Posted in Business |

Satyam officials issued notices as CBI drags case


September 19th, 2011 - 9:27 pm ICT by IANS
New Delhi, Sep 19 (IANS) The Supreme Court Monday issued notices to the founder chairman of the erstwhile Satyam Computers B. Ramalinga Raju and five others on a CBI ... Read more...

Posted in Uncategorized |

CBI issued notice on four Satyam officials’ bail plea


September 16th, 2011 - 10:39 pm ICT by IANS
New Delhi, Sep 16 (IANS) The Supreme Court Friday issued a notice to the Central Bureau of Investigation (CBI) on a bail plea of four officials of the erstwhile ... Read more...

Posted in Business |

Satyam case: no bail for Raju, seven others


August 30th, 2011 - 5:49 pm ICT by IANS
Hyderabad, Aug 30 (IANS) The Andhra Pradesh High Court Tuesday dismissed the bail pleas of former chairman of Satyam Computers B. Ramalinga Raju and seven other accused in India's ... Read more...

Posted in Business |

Raju, others denied bail in Satyam scam


August 4th, 2011 - 4:57 pm ICT by IANS
Hyderabad, Aug 4 (IANS) A city court Thursday rejected the bail petition of B. Ramalinga Raju, former chairman of Satyam Computers, and seven other accused in India's biggest corporate ... Read more...

Posted in Business |

Mahindra Satyam reports loss due to lawsuit settlements (Lead)


May 23rd, 2011 - 8:03 pm ICT by IANS
Hyderabad, May 23 (IANS) Mahindra Satyam, formerly Satyam Computers, has posted a net loss for the quarter ended March 31, 2011, due to huge exceptional expenditure on account of ... Read more...

Posted in Business |

Mahindra Satyam reports net loss due to lawsuit settlements


May 23rd, 2011 - 6:33 pm ICT by IANS
Hyderabad, May 23 (IANS) Mahindra Satyam, formerly Satyam Computers, has posted a net loss for the quarter ended March 31, 2011, due to huge exceptional expenditure on account ... Read more...

Posted in Uncategorized |

Mahindra Satyam posts 3 percent revenue growth in Q3


February 14th, 2011 - 9:06 pm ICT by IANS
Hyderabad, Feb 14 (IANS) Mahindra Satyam, formerly Satyam Computers, has posted three percent growth in its revenues for the third quarter ended December 2010.The revenues during the quarter were Rs.1,279 crore ... Read more...

Posted in Business |

Kiran Karnik joins Attero Recycling board


February 13th, 2011 - 7:03 pm ICT by IANS
New Delhi, Feb 13 (IANS) Former Nasscom president Kiran Karnik has joined venture capital funds-backed Attero Recycling, an electronic waste management firm, as its first independent director."I am excited to join ... Read more...

Posted in Business |

Kiran Karnik joins Attero Recycling Board as first ‘Independent Director’


January 28th, 2011 - 4:59 pm ICT by ANI
New Delhi, Jan 28 (ANI): In a significant development in the rapidly evolving e-waste recycling sector, former National Association of Software and Services Companies (NASSCOM) President Kiran Karnik has joined the Attero ... Read more...

Posted in National |

Mahindra Satyam appoints three executives for Americas


November 22nd, 2010 - 8:01 pm ICT by IANS
Mumbai, Nov 22 (IANS) Mahindra Satyam, which was delisted from the New York Stock Exchange in September, said Monday it has appointed three new executives for its Americas operations with a ... Read more...

Posted in Business |

Mahindra Satyam posts flat Q1, Q2 revenues (Lead)


November 16th, 2010 - 12:13 am ICT by IANS
Hyderabad, Nov 15 (IANS) Mahindra Satyam, formerly Satyam Computers, has posted flat revenues during the first two quarters of the current fiscal year but claimed that it is now "stable and ... Read more...

Posted in Business |

Satyam scam: Ramalinga Raju surrenders before trial court


November 10th, 2010 - 2:22 pm ICT by ANI
Hyderabad, Nov 10 (ANI): Former chairman of Satyam Computers, B Ramalinga Raju surrendered before a trial court here Wednesday.The Supreme Court had on Tuesday rejected the petitions of the accused seeking ... Read more...

Posted in National |

Satyam suffers net loss of Rs.8,177 crore in fiscal 2009 (Lead)


September 29th, 2010 - 9:23 pm ICT by IANS
Hyderabad, Sep 29 (IANS) Mahindra Satyam, formerly Satyam Computers, suffered a net loss of Rs.8,177 crore in fiscal 2008-09 on net sales of Rs.8,813 crore as a result of exceptional items ... Read more...

Posted in Business |

Ministry asked to define independent directors’ role


September 7th, 2010 - 5:38 pm ICT by IANS
New Delhi, Sep 7 (IANS) A parliamentary committee has asked the corporate affairs ministry to define the role of independent directors, specifying their responsibilities and liabilities, to ensure that their presence in ... Read more...

Posted in Business |

Satyam fraud case: Sick Raju makes dramatic appearance in court


August 24th, 2010 - 3:04 pm ICT by ANI
Hyderabad, Aug.24 (ANI): The tainted founder of Satyam Computer, B Ramalinga Raju, appeared before a local court here today, after avoiding appearance since September last year on health grounds.Raju is being ... Read more...

Posted in National |

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...

Posted in Business |

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...

Posted in National |

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...

Posted in National |

CBI for second opinion on Satyam ex-chief’s health


June 29th, 2010 - 8:04 pm ICT by IANS
Hyderabad, June 29 (IANS) The Central Bureau of Investigation (CBI) Tuesday raised doubts about the hospital report on the health of disgraced former chairman of Satyam Computers B. Ramalinga Raju and ... Read more...

Posted in Uncategorized |

Court orders clubbing three chargesheets in Satyam scam


June 23rd, 2010 - 5:11 pm ICT by IANS
Hyderabad, June 23 (IANS) The special court trying the Satyam scam cases here Wednesday clubbed three chargesheets filed by the CBI in the multi-crore accounting scam. Pronouncing the order reserved last week, ... Read more...

Posted in Business |

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...

Posted in Business |

Satyam’s Raju declared pauper by US court


January 28th, 2010 - 9:22 am ICT by IANS
New York, Jan 28 (IANS) A US court has declared former Satyam Computers chairman Ramalinga Raju, who last year was jailed after admitting to falsifying his company's accounts by ... Read more...

Posted in Sci-Tech |

Interests of NRIs investing in property to be protected: Government


January 7th, 2010 - 8:59 pm ICT by IANS
New Delhi, Jan 7 (IANS) The government is taking various steps to safeguard the interests of overseas Indians who have invested in property in India, according to Minister for Corporate Affairs ... Read more...

Posted in Business |

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...

Posted in National |

India’s tech industry relieved as ‘Year of Satyam’ blows over (Flashback 2009)


December 27th, 2009 - 1:35 pm ICT by IANS
Bangalore, Dec 27 (IANS) It's a year Indian IT sector would like to forget for more than one reason. Even as the industry was braving a global meltdown, its reputation was ... Read more...

Posted in Business |

Satyam’s Raju put in Forbes `2009 Hall of Shame’


November 27th, 2009 - 12:15 am ICT by IANS
New York, Nov 26 (IANS) The Forbes, best known for its rankings of the richest and the most powerful the world over, has put Ramalinga Raju, the founder-chairman of Satyam Computers ... Read more...

Posted in Business |

US Congress to discuss immigration reforms in future: Official


November 12th, 2009 - 8:15 pm ICT by IANS
Kolkata, Nov 12 (IANS) The US Congress is likely to address the immigration reform policies "in future", US assistant secretary of state for consular affairs Janice L. Jacobs said Thursday. She said the ... Read more...

Posted in Business |

Centre to finalise IFRS roadmap by Nov: Khurshid


September 15th, 2009 - 11:26 pm ICT by IANS
Kolkata, Sep 15 (IANS) The centre will finalise a comprehensive roadmap for Indian corporates by November to adopt the International Financial Reporting Standards (IFRS) set to be operational from 2011, Corporate Affairs ... Read more...

Posted in Business |

Enforcement Directorate yet to give final report on Satyam


September 15th, 2009 - 10:15 pm ICT by IANS
Kolkata, Sep 15 (IANS) The Enforcement Directorate (ED) is yet to give its final report on the multi-crore accounting fraud in Satyam Computers, Corporate Affairs Minister Salman Khurshid said here Tuesday. "The ... Read more...

Posted in Business |

Krushi Bank scam prime accused released on bail (Lead)


September 11th, 2009 - 6:40 pm ICT by IANS
Hyderabad, Sep 11 (IANS) Kosaraju Venkateswara Rao, the prime accused in the Rs.32 crore Krushi Bank scam that rocked Andhra Pradesh eight years ago, was Friday released from Chanchalguda central jail ... Read more...

Posted in Business |

Prime accused in Krushi Bank scam released on bail


September 11th, 2009 - 5:49 pm ICT by IANS
Hyderabad, Sep 11 (IANS) Kosaraju Venkateswara Rao, the prime accused in the Rs.32 crore Krushi Bank scam that rocked Andhra Pradesh eight years ago, was Friday released from Chanchalguda central jail ... Read more...

Posted in Business |

Satyam founder Raju placed under medial observation for 48 hours


September 8th, 2009 - 1:24 pm ICT by ANI
Hyderabad, Sep 8 (ANI): Satyam Computers founder B Ramalinga Raju, who suffered a massive heart attack on Monday, has been put under observation for next 48 hours in the Intensive Care ... Read more...

Posted in National |

Fast-track court to settle Satyam case soon: Salman Khurshid


September 5th, 2009 - 5:53 pm ICT by IANS
Kolkata, Sep 5 (IANS) The Andhra Pradesh High Court has approved setting up a fast track court to settle the multi-crore accounting fraud in Satyam Computers, Corporate Affairs Minister Salman Khurshid ... Read more...

Posted in Business |

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