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Satyam new management scouting for investors, open to sell-off

As corporate India, particularly the IT industry, Thursday assessed the damage to Brand India caused by the Rs.70-billion financial fraud of Satyam Computer founder B. Ramalinga Raju, the new management team said it was looking for a strategic partner and was open to the idea of outright sale.10:01 PM on January 08


vsankar Friday, January 09, 2009

this fraud has come to light only thru a confessional letter from Raju.Other one wonders how long could it have been to have this scam exposed.Are there no checks or counter checks by the regulatory bdies.Investor should keep his fingers crossed that there are are no more skeletons in the(coporate) cupboards.

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