The major stock index in India -- the BSE SENSEX -- fell 7.3 percent Wednesday. Satyam employs 53,000 people, operates in 65 ...
Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing ...
Satyam Computer Services, the Indian I.T. and outsourcing giant that was nearly sunk by its founder’s billion-dollar accounting fraud, has been sold to a smaller rival in an unusual auction in which ...
Law firms Izard Nobel LLP and Vianale & Vianale LLP have filed class-action lawsuits in the U.S. on behalf of investors who hold American Depositary Receipts (ADR) for shares of India-based outsourcer ...
When Satyam Computers’ founder, chairman & CEO Ramalinga Raju revealed the depth of the accounting fraud he had perpetuated for more than a decade, investors were left with more questions than answers ...
An Indian court on Thursday sentenced the former chief of outsourcing giant Satyam to seven years in jail over a $2.25 billion accounting fraud scandal dubbed "India's Enron". India's equity market ...
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