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SATYAM ACCOUNTS
Supreme Court refuses to accept plea to conduct NEET-UG retest in CBT modeThe Supreme Court has rejected a request to conduct the NEET-UG 2026 re-test in computer-based format. Justices stated the National Testing...- Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
- Co Bill for refund of benefits in case of Satyam type fraudsCompanies Bill 2011 stipulates that such officials will have to refund the remuneration received in case the accounts are re-stated.
- Satyam scam: ICAI bars 2 CAs, slaps Rs 5 lakh penaltyICAI has barred two Lovelock & Lewes auditors from practice for life and slapped a penalty of Rs 5 lakh each on them for their role in the ...
- Satyam case: ICAI to complete examination of auditors soonICAI today said it will complete cross examination of witnesses in the Rs 14,000-crore Satyam accounting fraud case in the next two days.
- ICAI against giving adjournment for Satyam auditorsInstitute of Chartered Accountants of India (ICAI) was against giving any adjournment to auditors accused in the multi-crore accounting sca...
- No intentional wrongdoing in Satyam case, says PW IndiaPrice Waterhouse (PW) said there was no "intentional wrongdoing" by its professionals in the USD 1 billion Satyam accounting fraud case.
- Satyam Computer Services reaches settlement with SEC, stocks upShares of Satyam Computer Services, now Mahindra Satyam, jumped by over 9 per cent in early trade on the BSE today.
- I-T department directs Satyam to audit accounts for years 2002/03 and 2007/08In August, Mahindra Satyam announced its first earnings results in nearly two years after a massive false accounting scandal that threatene...
- Satyam to decide on relisting in US stock exchangeDays after announcing delisiting its ADRs from NYSE, Mahindra Satyam said it will take a final decision on relisting on a US stock exchange...
- Maytas Infra gives out fresh info on Satyam money trailMaytas Infra has now furnished details of the entire money trail for nearly Rs 232 cr out of the Rs 392 cr.
- Satyam scam: Clean chit to PriceWaterhouseCoopersInstitute of Chartered Accountants of India has withdrawn disciplinary proceeding against the auditing firm PwC. CBI team back from Mauriti...
- Satyam accounts restatement likely by end-December: DirectorThe restatement of fraud-hit Satyam Computer's accounts is likely to be completed by end-December, a top official said.
- Refund Rs 600 cr: Maytas to SatyamThe govt-controlled Maytas board had recently declared its intention to resort to legal action, if need be, to recover these ICDs. Full cov...
- Tech Mahindra may restate Satyam accounts for only one yearTech Mahindra is exploring option of restating accounts of Satyam for the past one year, instead of the preceding six years.
- 'Satyam misused accounting software'The former management of scam-hit Satyam kept loopholes in its accounting software and left passwords unsecured to facilitate fraud.
- Satyam's accounts lack information: AnalystsAnalysts also feel restatement of accounts could take several months and hence the recommendations are qualified.
- ICAI submits interim report on Satyam scamICAI said the report is interim in nature as restatement of Satyam A/Cs is in progress. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) ...
- Satyam's accounts cleaning to take at least 6 monthsThe "cleaning up" or restating of scam-tainted Satyam's accounts is expected to take at least six months as the newly-appointed auditing fi...
- Satyam fraud: AP CID arrests two top PwC officialsThe Andhra Pradesh police on Saturday arrested two top officials of auditing firm Price Waterhouse who worked on the Satyam account, in con...
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