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SATYAM COMPUTERS SCANDAL
HDFC Bank exit spotlights board failures; from Satyam Computers to Tata Trusts, governance gaps hit corporates and nonprofits alikeCorporate and social sector boards face governance challenges. Recent events highlight the need for competent, diverse, and cohesive boards...
No instance of Satyam-like fraud seen in any other company so far, says governmentThe government said that no instance of corporate fraud noticed in Satyam Computers case has come to light in any other company till date.
- Satyam scam: Raju appears before local court
B Ramalinga Raju on Thursday appeared before a local court trying the multi-crore accounting scam in Satyam..
- US SEC may spare Satyam: Khurshid
The government expects the US market regulator Securities Exchange Commission (SEC) not to impose any penalty on Mahindra Satyam for frauds...
- Raju's health requires monitoring,court informed
B Ramalinga Raju, the prime accused in Satyam Computers multi-crore scam, needs continous medical attention, a special court trying Satyam ...
- Satyam defends position after police allegations
Fraud-hit outsourcing giant Satyam defended itself against police allegations that the scale of its false accounting scandal was far larger...
- Companies Bill Housed in Lok Sabha
The government on Monday re-introduced the new Companies Bill in the Lok Sabha, which will eventually replace a five-decade-old corporate l...
Satyam saga: Key clients may provide clarity to bidders on bizSatyam hopes some of its key existing customers will help the co provide clarity to potential bidders about future business. Work smart to ...
Spice says may withdraw from Satyam bid processSpice Group may withdraw from the race to buy Satyam due to a lack of desired transparency in the bidding process.
- Satyam effect: ADB study stresses on family-run business monitoring
India ranked fifth among the six nations in South Asian countries in terms of 'Ease of Doing Business' and 122nd in the world. India's bigg...
- ICAI wants 6 mths to determine PwC's involvement in Satyam
ICAI has announced that it will take six more months to determine the extent of the involvement of company's auditor in the Satyam fraud. T...
- Andhra CM hits back at Naidu over Satyam scam
Andhra Pradesh Chief Minister Y S Rajasekhara Reddy on Tuesday hit back at TDP leader Chandrababu Naidu on the Satyam Computer scam and sai...
- Maytas wants announcement date of results extended by a month
Maytas Infra has sought a month's extension of the date for announcing its third-quarter results.
- Land 'allotted' to Satyam to be handed over to Navy
A 50-acre land, "allotted" to Satyam Computers for setting up an IT Park at Kapuluppada village near Visakhapatnam, is now being handed ove...
- About a dozen lawsuits filed against Satyam in US
Lawsuits have been filed against Satyam in US courts, charging Indian IT firm with duping thousands of American investors. Employees of Sat...
- MFs which hiked Satyam stake in Dec after Maytas affair
Many fund houses like ICICI Pru and HDFC MF had trebled or doubled their exposure to Satyam, post the Maytas fiasco. Here are the firms. Wh...
- Satyam out of 'Dow Jones India Titans 30 Index'
Dow Jones Indexes, a leading global index provider, has removed scandal-hit Satyam Computer from its 'Dow Jones India Titans 30 Index' and ...
- Satyam's Qatar plan on track: official
Scandal-hit Satyam Computer Services has said it will go ahead with its plans to establish a wholly-owned branch in Qatar, it was reported ...
- Satyam executives try to reassure wary investors
Top executives of beleaguered Indian outsourcing company Satyam Computer struggled to reassure investors, employees and clients Thursday af...
- Satyam scandal sparks demand for better governance
Indian business leaders are demanding that authorities beef up corporate governance after an accounting scandal engulfed major outsourcing ...