The stunning cofessions by Satyam Chairman B Ramalingaraju on large scale manipulations in the company's accounts is likely to result in a loss of confidence of foreign investors in India in the near
Shocked over how the financial manipulation went on in Satyam Computer Services for so long, industry today said it was time corporate India stopped giving itself "self-congratulatory" awards and gave
Directors of the beleaguered IT major Satyam Computers Wednesday expressed shock the admission of founder-chairman B. Ramalinga Raju to committing a fraud to the tune of Rs 4,000 crore or $823 million
Years after the foreign media wondered if Americans should be afraid of Ramalinga Raju more than Osama Bin Laden due to jobs they lost to India, experts today said the fear seems to have come true, al
The government will examine the role of Satyam's auditors and directors, after its chairman resigned and said the company profits had been inflated, the federal company affairs minister said on Wednes
Nasscom, the apex body of the IT-BPO industry in India, expressed its shock Wednesday at the confession made by Satyam Computers' erstwhile chief B. Ramalinga Raju, who admitted to a Rs 4000 crore fra
Satyam Computer Services today said its founder Ramalinga Raju, who stepped down as Chairman of the board, would continue in the position till a replacement was found, even as speculation was rife tha
Satyam Computer Services is committed to staff, clients and shareholders, the interim CEO said on Wednesday, after its chairman resigned and said the outsourcer's profits had been inflated over the la
India's government is verifying the facts after Satyam's chairman resigned saying profits had been inflated, and will take action with the market regulator once they are established, the federal minis