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Satyam Scandal
The Satyam scandal was a major corporate fraud that came to light in January 2009, involving Satyam Computer Services Ltd, one of India’s largest IT companies. The company’s chairman, Ramalinga Raju,
...Read more- Satyam Scam case: Tech Mahindra moves SC against ED
Tech Mahindra moves Supreme Court. Appeals against facing trial in Satyam scam. Ashmit Kumar joins us now with all the details.
- Court to pronounce verdict in Satyam case on March 9
Citing voluminous documents of the case, Special Judge BVLN Chakravarthi, trying the case probed by the Central Bureau of Investigation, said he would pronounce the judgement in the case on March nine.
- Satyam scam: Raju moves SAT against disgorgement order
SAT stays SEBI's impugned order with respect to disgorgement of Rs 1849 crore plus interest is not valid until further hearing, while stating that its decision to admit Raju along with four others‘ plea will be announced in December.
- Satyam scam: End of the road for Ramalinga Raju or CBI?
The court hearing the Satyam scam case is likely to complete examination of CBI officials in a week's time. CNBC-TV18's Appaji Reddem reports that a judgment can be expected anytime within the next three months.
- Satyam scam: HC asks Sebi to defer probe against PWC team
In partial relief to Price Waterhouse Coopers (PWC) auditors Subramani Gopalakrishnan and Sriniwas Talluri, accused in the Rs 14,000 crore Satyam scam, the Bombay High Court today directed market regulator SEBI to commence its inquiry against them from May.
- Expect Cos Bill to be passed in winter session: Moily
Corporate Affairs Minister, Veerappa Moily, today said he hopes the Companies Bill 2011, approved in the Cabinet yesterday, will be passed during the winter session of Parliament.
- Mahindra Satyam Q2 net surges 10-fold YoY to Rs 238.24 cr
Software services provider Mahindra Satyam (erstwhile Satyam Computer Services) has reported a better than expected increase of 5.7% in its net profit of Rs 238 crore for the second quarter of FY12 as against Rs 225.2 crore in a previous quarter. This was due to the depreciation in the rupee.
- 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
- Has brand perception changed for PwC post Satyam scandal?
The world's largest accounting and tax firm PwC's chairman Dennis Nally, in a special conversation with CNBC-TV18’s Siddharth Zarabi spoke about the effect that the Satyam scandal had on the firm and the changes which came about post the issue.
- ISB remains immune to scandals; brand still safe
The Indian School of Business (ISB) in Hyderabad is being battered by scandals. CNBC-TV18's Appaji Reddem and Suresh Venkat share how the school's image is faring in the back of the events.
