Wednesday, December 17, 2025 | 02:58 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Sebi team reaches Hyderabad to start Satyam probe

Image

Press Trust of India Mumbai

A special team formed by the market regulator Securities and Exchange Board of India (Sebi) to probe the Satyam scam reached Hyderabad today.

The committee, headed by Sebi's Southern Region General Manager A Sunil Kumar, has been asked to submit the report to the Sebi at the earliest, a senior Sebi official told PTI here.

"They have left for Hyderabad to start the investigation process," the official said.

Sebi formed the special team following the confession by the IT-major's Chairman B Ramalinga Raju admitted gross manipulations in the company's balance sheets in the past several years.

Shares of Satyam had slumped to a 10-year low yesterday following the developments in the company.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 08 2009 | 2:30 PM IST

Explore News