| Price Waterhouse auditor moves SC, seeks bail | 20-NOV-09 |
|
| 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. |
|
|
|
| Reading Raju's mind | 20-NOV-09 |
|
| On January 7, Ramalinga Raju confessed to his monumental fraud. He had, Raju said in a letter to the stock exchanges, cooked Satyam’s books for seven long years — revenue, profit, bank balance et al. Raju was soon arrested and put in the Chanchalguda prison. The Union government swung into action. A board was appointed to manage the affairs of the company. In a matter of months, Satyam was sold to Tech Mahindra. |
|
|
|
| Mah Satyam to repay funds of Geelong project | 19-NOV-09 |
|
| Mahindra Satyam is reportedly on the verge of finalising a deal to payback an undisclosed sum to the Victorian government following the collapse of a $75 million IT project in Geelong. |
|
|
|
| CBI files memo in Satyam case | 18-NOV-09 |
|
| 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. |
|
|
|
| Satyam gets refund notices from 37 firms | 18-NOV-09 |
|
| 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. |
|
|
|
| Satyam gets notices for Rs 1,230 cr worth claims | 17-NOV-09 |
|
| Mahindra Satyam today said it has received legal notices for claims totalling Rs 1,230.40 crore from as many as 37 companies, to whom it has replied terming these claims as "legally untenable". |
|
|
|
| Mahindra Satyam to explore New Zealand market with Gen-i | 17-NOV-09 |
|
| “We have been providing Windows 7 migration services to our internal customers across all the geographies. This strategic alliance with the local partner Gen-i will allow us to explore opportunities in the New Zealand market more efficiently,” a Satyam spokesperson told Business Standard. |
|
|
|
|
|
|
|
|
|
| Mahindra Satyam joins Symbian Foundation | 16-NOV-09 |
|
| Mahindra Satyam announced today that it has joined the Symbian Foundation, which, together with its ecosystem, is creating an open and complete mobile software platform. |
|
|
|
| Hyd court bars Maytas from loans on land collateral | 16-NOV-09 |
|
| 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. |
|
|
|
| Govt asks SFIO to commence prosecution proceedings | 14-NOV-09 |
|
| 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. |
|
|
|
| L&T's Satyam share sale pulls down scrip | 14-NOV-09 |
|
| Larsen & Toubro (L&T) has sold a third of its holding in Mahindra Satyam, or 27.24 million shares, for Rs 306.54 crore, taking the software company’s share price down by 6.6 per cent, the biggest fall in five months. |
|
|
|
| Govt asks SFIO to start prosecution in Satyam case | 13-NOV-09 |
|
| The government today asked investigating agency Serious Fraud Investigation Office (SFIO) to initiate prosecution proceedings against persons involved in Satyam accounting fraud and partners of Price Waterhouse, the auditors of the IT company. |
|
|
|
| L&T sells 2.32% in Satyam for Rs 306 cr | 13-NOV-09 |
|
| Larsen & Toubro (L&T), one of the failed suitors for scam-hit Satyam Computer, today sold 2.32 per cent stake in the IT company (now Mahindra Satyam) for over Rs 306 crore, exactly a month after the lock-in perid on sale of its holding ended. |
|
|
|
Content Guide
