Satyam Computers

The total amount that these entities need to pay is about Rs 1,747.5 crore assuming they pay it back by January 2024 when the deadline is set. This includes an interest amount of Rs 1123 crore for about 15 years.

Before Zee, these companies’ shareholders ousted promoters

Shareholders of Zee have called in for a special meeting seeking removal of MD Punit Goenka along with two other directors from the board. This isn’t the first time when shareholders of a certain company have shown exit door to the promoters. Watch the video to find out about such companies.

Satyam scam: SAT overturns SEBI order banning PW for 2 years

"SEBI has no authority to look into the quality of audit standards and audit services," SAT said

10 years to Satyam: How India's Enron moment unfolded

On January 7, 2009, Byrraju Ramalinga Raju, founder and chairman of Satyam, wrote to SEBI and the company's shareholders making an admission which shocked the global corporate community

Family members of Satyam Computers' Raju not complicit in fraud: SC

Ramalinga Raju, in his initial email to the Securities Exchange Board of India and the Board of Satyam, had said the books of the company were inflated since several years but his family members had no idea about the fraud.

Satyam case: Raju‘s plea to be taken on May 11 by court

Raju, the kingpin of the scam, and nine other convicts had filed the appeals and applications in the MSJ court challenging their conviction, besides sentences and fines imposed in the over Rs 7,000-crore scandal.

Mahindra did not anticipate legal hurdles after Satyam buy

In June last year, Tech Mahindra completed acquisition of Mahindra Satyam -- erstwhile Satyam Computer Services – to become India's fifth largest software services firm. Mahindra is also the Chairman of Tech Mahindra.

Tech Mahindra to acquire IT services arm of BASF

IT services major Tech Mahindra today said it has signed an agreement to acquire the IT and consultancy services business of chemical giant BASF in a bid to strengthen its presence in Western Europe.

Tech Mahindra extends merger with Mah Satyam by 6 months

Tech Mahindra today said it has extended the proposed merger of Mahindra Satyam with itself for six months.

CBI gets state nod to attach estate of Raju & kin

Andhra Pradesh government today gave its consent to CBI for attachment of 44 properties belonging to Satyam Computers founder B Ramalinga Raju and his family members.

Satyam founder Ramalinga Raju granted bail by SC

B Ramalinga Raju, the disgraced founder of Satyam Computers and prime accused in the company's multi-crore accounting fraud, was today granted bail by the Supreme Court after he spent two years and eight months in the jail.

Satyam's Raju out on bail for the second time

The Supreme Court has finally granted bail to former Satyam head, Ramalinga Raju. Appaji Reddem of CNBC-TV18 has a report

Tulsian's multibagger picks: IL&FS Eng, Hind Dorr Oliver

In an interview with CNBC-TV18, SP Tulsian of sptulsian.com talks to investors about two of his multibagger picks - IL&FS Engineering and Hindustan Dorr Oliver.

CBDT order on Mah Satyam won't take effect for 2 weeks

The Supreme Court today said the CBDT order, as and when it is passed, on Mahindra Satyam tax dispute case would not take effect for two weeks so that the IT company may challenge it in an appropriate forum.

CBI reduces number of witnesses in Satyam case

The CBI, probing the multi-crore Satyam Computers accounting scam, has reduced the number of witnesses in the case to 220 as against 690, mentioned in the chargesheet following directions from the Supreme Court and to speed up the trial, a top official said.

Satyam Computers looks strong: Diwan

Satyam Computers looks strong, says Prakash Diwan, Networth Stock Broking.

AP HC allows Mah Satyam to access bank accounts

The Andhra Pradesh High Court has issued an interim order in the Mahindra Satyam's tax case against the Central Board of Direct Taxes (CBDT), allowing the company to access its bank accounts which hold Rs 1,300 crore. However, the court has laid down some conditions.

Mah Satyam may approach govt to seek part of Raju's assets

Mahindra Satyam is likely to approach the government to seek a part of the prime accused in the Satyam Computers scam, R Raju's assets, reports CNBC-TV18 quoting sources in the knowledge of the development.