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Ramalinga Raju quits Satyam; admits to fraud

Hyderabad: Satyam Computer on Wednesday plunged into a deep crisis, as B Ramalinga Raju resigned as its Chairman after admitting to major financial wrong-doings and saying his last-ditch efforts to fill the "fictitious assets with real ones" through Maytas acquisition failed. The beleaguered IT giant, alr  ....Read more

RAMALINGA RAJU SURRENDERED OR HATCHED LOTTERYBy: ECONOMIST | Saturday , 21 Mar '09 17:43:16 PM Reply | Forward Have anyone noticed why this fraud person "Ramalinga Raju" have changed to a saint on January 10,2009
Let Truth Come Out By: D B Atkinson | Tuesday , 3 Mar '09 8:45:21 AM Reply | Forward Ramalinga Raju has yet to speak the truth even if means involvment of the highest political circle. The public have an inside feeling that there is much more to this fraud and who the insiders are.
rama linga rajuBy: prem tripathy | Monday , 2 Mar '09 11:02:16 AM Reply | Forward z this the right way to treat Mr. Raju...who has made such a great contribution to India's economy and IT sector.where as corrupted politicians who have not made single contribution to ours and roaming freely????/
satyam caseBy: anunay | Friday , 6 Feb '09 23:46:53 PM Reply | Forward all the hard earned money of the investors and shareholders seems to be going in vain.....This is absolutly a shame for each one of us,the investors invest their small and very valuble amount by buying the shares of so called IT GAINTS and now look!!!!!!! they are killing their stakeholders so badly, so it proved that the culprits are among us or on whom we trust...and why we have to blame an outsider!! these people are killing both moral and their inner soul shame on them.......they have put a spot on indian trade....
HCL - the fraud mastersBy: Hcliite | Thursday , 8 Jan '09 2:57:09 AM Reply | Forward Soon HCL will also be exposed. HCL claims to carry around a billion dollar in cash - all bogus -
hclBy: Raj | Sunday , 11 Jan '09 16:32:22 PM Reply | Forward What a ridiculous statement- HCL made the largest IT acquisition last month of over 600 M USD pipping Infy out of the race. That can't happen with bogus cash. Go and buy a UK company with bogus cash if you can.
congress terroristsBy: govi | Thursday , 8 Jan '09 0:54:27 AM Reply | Forward What a shame. Only 7 years of prison he should be hanged, we are yet to see Afzal Craputo go to gallows. This is the doing of Congress became they all like raju. Chidambran/antulays/Antonys/Ahmeds etc deceiving us with their lungis
Satyam's doomBy: Pinna | Wednesday , 7 Jan '09 23:33:27 PM Reply | Forward So now Ramalinga has resigned. Will his resignation exempt him from criminal proceedings. he has betrayed the trust of millions of people and tarnished the image of india world over, he should not be let off the hook. all his personal property should immediately be ceased and he be rested in jail. and this is the minimum punishment.
Back To Basics please...By: Murthy Vanka | Wednesday , 7 Jan '09 21:22:51 PM Reply | Forward I hope this and other events in the financial world take us all back to re committing to ethical standards (corporate et. al) focusing on sustainable long term growth.As evident in the current global economic crisis, Greed has become rampant in all parts of the society, may we all learn to overcome it.
COMEDYBy: PAP | Wednesday , 7 Jan '09 20:43:45 PM Reply | Forward This s a mockery made at the investors , there s no way that such a big gap goes unidentified by anyone in a company of this magnitude.
BRAMLINGARAJU,EXCHAIRMAN,SATYAM MAY CONSIDER FOR BHARATRATNAAWARDBy: BRAJA BANDHU BEHERAADVOCATEORISSAHIGHCO | Wednesday , 7 Jan '09 19:26:14 PM Reply | Forward THIS IS NOT NEW IN INDIA,WHAT B RAMLINGA RAJU,EX FOUNDER CHAIRMAN DONE HENIOUS CRIME IN THE COUNTRY.HE HIMSELF ADMITTED FRAUD OF 5040 CRORES OF RUPEES AND ALL CRIMES,BUT FROMMY EXPERINCE NOTHING WILL HAPPEN TO HIM AS IT IS INDIA.DURING LAST EIGHT YEARS HE RECEIVED 39 AWARDS,NOW MAY CONSIDER FOR BHARAT RATNA,AS WE HAVE GIVEN PADMABIBHUSAN TO LNMITTAL WHO IS PARTNER OF INDIABULLS SECURITIES AND INDIABULLS CHEATED LOOTED AND EXPLOITED CRORES OF INNOCENT PEOPLE WITH KNOWLEDGE OF SEBI,NSE,BSE,NSDL AND CDSL,EVEN CDSL PEOPLE HELPING INDIABULLS IN THEIR CRIME,BUT NOTHING HAPPENDTO SAMEER GEHLAUT,RAJEEV RATAN GAGAN BANGA OTHERS.SIMILARLY NOTHING WILL HAPPEN TO B RAMLINGA RAJU HIS BROTHER RAMA RAJU AND OTHER.BASICALLY WHAT HE IS,HE IS A BLACK LISTED CONTRACTOR,THIKADAR AND EXPLOITOR OF POOR LABOURERS,WHEN HE WAS CONTRACTOR OF IRRIGATION DEPT OF ORISSA.BUT WHAT WILL BE INAMERICA.ENRON CHEATED VERY FEW PEOPLE,BUT THE WAY GOVT TAKEN ACTION CHAIRMAN DIED,AND CEO JEFFSKILLING JAILED FOR 24 YEARS.
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