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Full Coverage - Satyam Scam

Satyam Scam

Market rally casts a shadow on Tech Mahindra offer for Satyam

In the month of January, it shattered the hopes of investors by being reckoned as a tainted company.

Satyam reveals its accounts, shows profit

Wednesday , 10 June '09

Satyam Computer Services, hit by the Rs 7,000-crore financial fraud perpetrated by its founder B Ramalinga Raju in early January...
Fidelity cuts stake in Satyam to 4.02 pc

Sunday , 10 May '09

Foreign fund house Fidelity has reduced its stake in beleaguered IT company Satyam Computer to 4.02 per cent after offloading shares worth Rs 55.80 crore...
Raju may face ‘destruction of evidence’ charge in Satyam case

Monday , 4 May '09

Satyam’s disgraced founder and Chairman B Ramalinga Raju may face another serious charge of ‘destruction of evidence’...
Tech Mahindra’s turnaround: posts net profit of Rs 230 cr

Monday , 27 April '09

Tech Mahindra, the new owner of scam-hit Satyam Computer, has come back in to the black in fourth quarter ended March 31, 2009 by posting Rs 230 crore net profit.
ED identifies 786 properties in Satyam scam

Saturday , 18 April '09

In what is unfolding as one of the biggest cases under the newly-amended Prevention of Money Laundering Act...
Satyam to delist from NYSE Euronext; retain members

Wednesday , 15 April '09

A day after Tech Mahindra won the race for the takeover of Satyam Computer Services, the scam-hit IT company has filed an application....
Satyam is Mahindra’s moment of truth

Tuesday , 14 April '09

Satyam Computer today went under the hammer for Rs 58 a share - about one-tenth of the level the IT company enjoyed about a year ago...
At Satyam office, trepidation, relief and a quiet celebration

Tuesday , 14 April '09

There was trepidation, relief and a quiet celebration at Satyam Computer Services Limited today as the Satyam Board announced...
Satyam management change after CLB approval, says Karnik

Monday , 13 April '09

The change of management in fraud-hit Satyam Computer Services is expected to take place by next weekend after the board gets...
Rajus gave fake papers to auditors: Ex-CFO to ICAI

Monday , 6 April '09

Accounting regulator, Institute of Chartered Accountants of India has claimed Price Waterhouse auditors for Satyam scandal...
Satyam extends deadline for bids

Sunday , 5 April '09

Satyam Computer Services Ltd has extended the deadline for submitting bids for the software services firm to April 13.
CBI to seek help from US Treasury on Raju’s accounts

Saturday , 4 April '09

The Central Bureau of Investigation, probing the multi-crore financial scam in Satyam Computer...
Satyam revises bidding process

Friday , 3 April '09

Satyam Computer has announced that it would conduct open auction in case there are one or more bidders within 90 per cent of the top financial bid.
Spice Group may withdraw from Satyam bidding

Thursday , 26 March '09

Spice Group may withdraw from the race to buy the fraud-hit Satyam Computer Services Ltd due to a lack of desired transparency in the bidding process...
Satyam board evaluates EoIs

Sunday , 22 March '09

Satyam’s Government-appointed board met here today to evaluate the Expressions of Interest from suitors to acquire a majority stake...
L&T, Spice, Mahindra vie for Satyam

Friday , 13 March '09

Larsen & Toubro, BK Modi-promoted Spice Corp and Tech Mahindra have submitted their expressions of interest...
CBI plea for Raju custody posted to March 6

Thursday , 5 March '09

A Hyderabad court on Wednesday posted to March 6 the plea of the CBI seeking custody of tainted Satyam founder B Ramalinga Raju...
ICAI hunts for skeletons in boards where independent directors quit

Monday , 2 March '09

The sudden spate of independent directors quitting the boards of several listed companies following the Satyam Computer scam...
CBI registers FIR against Raju

Saturday , 21 February '09

The Central Bureau of Investigation today registered a case against disgraced Satyam founder B Ramalinga Raju...
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