| CBI arrests one more in Satyam fraud case | 22-NOV-09 |
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| The Central Bureau of Investigation (CBI), which is investigating the Satyam Computers accounting fraud case, has arrested the Hyderabad-based company’s former global head of internal audit, Prabhakar Gupta. |
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| 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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| Hyd court bars Maytas from loans on land collateral | 16-NOV-09 |
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| In a major setback to cash-strapped infrastructure company Maytas Properties, promoted by former Satyam Computer founder B Ramalinga Raju’s family, a local court has passed an order barring it from using land as collateral for loans. |
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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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| Maytas Infra bags Rs 790 cr road project | 06-NOV-09 |
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| Maytas Infra Ltd (MIL) has announced that it has bagged the Rs 790-crore Pune-Solapur road contract from IL&FS Transportation Networks Ltd (ITNL). The project is to be completed in 20 months. |
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| CBI team back from Mauritius | 05-NOV-09 |
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| Meanwhile, a second chargesheet in the multi-crore Satyam scam will be filed soon, as the CBI team probing the case has returned from Mauritius with some bank details from the island nation. |
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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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| CBI team in Mauritius to probe multi-crore scam | 24-OCT-09 |
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| Top officials of the Central Bureau of Investigation (CBI) are in Mauritius as part of the investigation into the multi-crore Satyam scam, which its founder B Ramalinga Raju confessed to in January. The CBI team will question several people there on the possible diversion of funds from the company to Mauritius. |
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| 'File separate chargesheet for PW auditor' | 23-OCT-09 |
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| Supreme Court Senior Counsel K T S Tulsi has said a separate chargesheet should be filed for Price Waterhouse auditor Srinivas Talluri, arrested in the Satyam case for allegedly conniving with its founder B Ramalinga Raju and other aides. There is no reason for combining the charge together with the cases relating to Raju, he added. Arguing for a bail petition of Talluri at the AP High Court on Thursday, Tulsi said the role of auditors in the scam was minimal. He said CBI was adopting an unprofessional approach by linking all the accused in one single chargesheet and this would delay justice. |
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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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| ED probing income source of Raju's lands | 10-OCT-09 |
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| The Enforcement Directorate (ED), which has attached close to 285 properties over Rs 1,000 crore of Satyam founder Ramalinga Raju, his relatives and others on the charge of money laundering, is now probing more such assets. |
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| Bail plea dismissed | 10-OCT-09 |
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| The fourth metropolitan sessions court here on Friday dismissed the bail petition of Satyam Computer Services founder B Ramalinga Raju. The court had heard the arguments on Thursday and reserved the orders for today. |
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