The 4-5 shortlisted, serious bidders out to acquire Satyam Computer Services have been given full access to the liabilities and legal issues through a ‘virtual data room’.

The Serious Fraud Investigation Office probing the multi-crore Sataym accounting fraud case today questioned and recorded on oath the statements of two sacked Pricewaterhouse auditors S Gopalakrishnan

US-based private equity firm WL Ross & Co is believed to be one of the parties interested in buying out the scam-hit Satyam Computer Services.

The CBI, probing the multi-crore scam of Satyam Computer, is likely to file a chargesheet soon against former Chairman Ramalinga Raju and others, a development that would lead to the beginning of the

A special CBI court here today dismissed the bail application of disgraced Satyam Computer founder B Ramalinga Raju and two others.

Satyam Computer Services has reportedly decided to go ahead with the announced bidding process, despite the criticism from Spice Corp that the process was not transparent.

Tarun Das, CII's chief mentor and a member of the government-appointed Satyam Computer Board, today met Prime Minister Manmohan Singh and is believed to have discussed the fallout of the global financ

Spice Group on Friday said it is pulling out of the race to acquire controlling stake in Satyam Computer Services “for now”.

Larsen & Toubro is seen as the front-runner to acquire fraud-tainted outsourcer Satyam Computer Services Ltd but a potential purchase could bring more pain than gain.

Satyam Computer Services Ltd's search for a buyer suffered a setback on Thursday, as a source said IBM is not in the bidding, while the Spice Group remains undecided about its participation.