| Price Waterhouse auditor moves SC, seeks bail | 20-NOV-09 |
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| Price Waterhouse auditor Srinivas Talluri, arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju and other aides, has moved the Supreme Court seeking bail in the matter. |
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| CBI files memo in Satyam case | 18-NOV-09 |
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| The Central Bureau of Investigation (CBI), which is investigating into the Satyam case, has filed a memo in Nampally court today for hearing the charges against nine accused in the case. |
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| Satyam gets refund notices from 37 firms | 18-NOV-09 |
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| Satyam Computer Services (rebranded Mahindra Satyam) has received legal notices from 37 companies claiming a refund of $265 million (approximately Rs 1,230 crore), allegedly given as temporary advance. |
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| Govt asks SFIO to commence prosecution proceedings | 14-NOV-09 |
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| The government today asked the Serious Fraud Investigation Office (SFIO) to initiate prosecution proceedings against persons involved in the Satyam accounting fraud and partners of Price Waterhouse, the auditors of the IT company. |
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| CBI files memo in Satyam case | 12-NOV-09 |
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| The Central Bureau of Investigation (CBI) has filed a memo in a local court seeking its permission to hear the charges against the accused in the multi-crore accounting fraud case in Satyam Computer, on the basis of material it provided in the first charge sheet. |
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| SFIO asked to stop Satyam probe to avoid duplication | 02-NOV-09 |
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| The government has asked the Serious Fraud Investigation Office (SFIO) to discontinue its inquiry into the alleged siphoning of funds by Satyam Computer to avoid duplication as the Central Bureau of Investigation (CBI) is also probing if funds were parked abroad by the IT company. |
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| Sebi asks Raju to file reply by Oct 30 | 11-OCT-09 |
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| Market regulator Securities and Exchange Board of India (Sebi) today asked R Rama Raju, brother of Satyam founder B Ramalinga Raju, and two others to reply by October 31 to the show-cause notices issued to them in connection with the multi-crore accounting fraud case in the IT company. |
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| Hyd Metro ropes in Deloitte as adviser | 21-SEP-09 |
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| Consultancy firm Deloitte India has been appointed financial consultant and transaction adviser for the Rs 12,132-crore Hyderabad Metro Rail project. |
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| Angioplasty conducted on Raju | 16-SEP-09 |
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| Satyam Computer Services’ founder B Ramalinga Raju, under arrest since January for masterminding a massive accounting fraud, and who suffered a heart attack last week, underwent angioplasty on Tuesday for blockages in blood vessels. |
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| Raju being treated for heart attack | 10-SEP-09 |
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| Satyam Computer Services’ founder-head, B Ramalinga Raju, taken from jail to the Nizam’s Institute of Medical Sciences following complaint of chest pain, is now being treated for a heart attack. |
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| Raju being treated for heart attack | 09-SEP-09 |
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| Satyam Computer Services founder B Ramalinga Raju, admitted to Nizam's Institute of Medical Sciences (NIMS) in Hyderabad following complaint of chest pain, is now being treated for heart attack. |
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| Raju in ICU, will be under observation for some days | 09-SEP-09 |
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| The condition of B Ramalinga Raju, founder of Satyam Computer Services and an inmate of Chanchalguda Central Prison since January, when he confessed to a mssive accounting fraud, is now stable. Raju was admitted to Nizam's Institute of Medical Sciences (NIMS) on Monday after he complained of chest pain. |
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| Satyam founder Raju admitted to hospital | 08-SEP-09 |
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| Satyam Computers founder B Ramalinga Raju, who was arrested and kept in jail since January 9 this year for committing a massive accounting fraud, was admitted to the Nizam’s Institute of Medical Sciences (NIMS) in Hyderabad on Monday after he complained of chest pain. According to the Chenchalaguda jail superintendent Chandrasekhar, Raju complained of chest pain in the afternoon and was shifted to NIMS for a check-up. The doctors there confirmed that Raju was suffering from myocardial infraction, a type of chest pain. Chandrasekhar said that medical investigations on Raju would be continued on Tuesday. |
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| A way out | 07-SEP-09 |
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| As the Maytas Infra story takes a turn, its share price is scaling new highs. The stock has moved up four-fold from its low of Rs 31.40 in March 2009. Among latest events, Maytas Infra’s management control has been handed over to Infrastructure Leasing & Financial Services (IL&FS). While the move looks good, what does it bring for IL&FS and investors? For one, IL&FS had already invested substantial money in Maytas, and currently owns 37 per cent stake in the latter. With it taking control of Maytas, IL&FS is required to make an open offer (already announced; at Rs 112.80 a share) for an additional 20 per cent. |
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| Maytas Properties to get a collaborator to pump in funds | 02-SEP-09 |
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| A new collaborator would step in to pump in the required funds to complete the works pending at Maytas Hill County, the prestigious residential real estate project of Maytas Properties, the unlisted company belonging to the family of Satyam Computer Services founder B Ramalinga Raju. |
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