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Satyam founder B. Ramalinga Raju, who shocked India by admitting massive fraud over several years, was the Ernst and Young Entrepreneur of the Year in 2007 and the company won the Golden Peacock Global Award for Excellence in Corporate Governance given by the World Council for Corporate Governance.7:00 PM on January 07
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.40 billion (Rs.4,000 crore or $823 million) before he resigned, along with Managing Director Rama Raju.3:30 PM on January 07
Satyam was the brand image of Andhra Pradesh, Hyderabad was identified with this company, and its founder-chairman B. Ramalinga Raju was a hero to youngsters. But overnight, arguably the biggest fraud in India's corporate history has reduced the chairman and his company to a big zero.6:30 PM on January 07
In a development that shook India's corporate and financial worlds Wednesday, co-founder and chairman of Satyam Computers B. Ramalinga Raju resigned after confessing to a Rs.40 billion (Rs.4,000 crore or $823 million) fraud that had been going on for years.3:02 PM on January 07
Following is the transcript of a recorded video message by Satyam Computer Services interim CEO Ram Mynampati:9:02 PM on January 07
In a development that sent shockwaves through India Inc., the chairman of one of the country's top IT companies, Satyam Computer, Wednesday admitted to a Rs.65.92-billion (Rs.6,592-crore) fraud and sent its stock crashing.12:01 AM on January 08
Satyam Computer Services founder chairman B. Ramalinga Raju resigned from the IT major's board after admitting a fraud to the tune of Rs.40 billion ($823 million) in the balance sheet of the company.12:30 PM on January 07
Beleaguered former Satyam Computer founder-chairman B. Ramalinga Raju is in this city and has no intention to avoid the process of law, his lawyer S. Bharat Kumar claimed Thursday.5:30 PM on January 08
Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Wednesday urged Prime Minister Manmohan Singh to constitute a management team to run the affairs of crisis-ridden Satyam Computers to restore the confidence of global customers.11:32 PM on January 07
The game features recreated movie locations and scenes and the leading actor Aamir Khan has lent his voice8:55 PM on January 04
The new management team of the tainted Satyam Computer Services is looking for a strategic investor to bail it out from the severe liquidity crisis it is facing in the wake of the financial fraud admitted by founder chairman B. Ramalinga Raju, the company said here Thursday.8:00 PM on January 08
Shares of Satyam Computer Wednesday crashed by over 72 percent to Rs.50 from a opening of Rs.179.10 on the bourses around 1 p.m., following the resignation of its founder-chairman B. Ramalinga Raju after he admitted to a Rs.40 billion (Rs.4,000 crore or $823 million) fraud - the largest in India Inc.2:02 PM on January 07
Jolted by the biggest fraud in India's corporate history, thousands of employees of Satyam Computer Services have begun hunting for jobs in other companies.3:30 PM on January 08
Where is B. Ramalinga Raju? Everyone is trying to find an answer to the question after the chairman of Satyam Computers resigned Wednesday confessing to a Rs.70 billion (Rs.700 crore) fraud.12:31 PM on January 08
The Telangana Rashtra Samiti (TRS) appears all set to join the 'grand alliance', headed by Andhra Pradesh's main opposition Telugu Desam Party (TDP) and including the Left parties, for the ensuing elections to the assembly and the Lok Sabha.12:01 PM on January 06