Regulator grills Satyam's former finance chief in jailFebruary 17th, 2009 HYDERABAD - Market regulator Securities and Exchange Board of India (SEBI) Wednesday grilled Satyam Computer's former chief financial officer Vadlamani Srinivas in Chanchalguda central jail here. A SEBI team reached the jail and began interrogating him soon after a city court allowed the market watchdog to question Vadlamani and two former auditors of Pricewaterhouse in connection with the Rs.70-billion accounting fraud at the IT services firm.
SEBI plea to quiz Ramalinga Raju deferredJanuary 15th, 2009 HYDERABAD - The plea by India's market regulator Securities and Exchanges Board of India (SEBI) to question Ramalinga Raju, the disgraced former chairman of Satyam Computer Services, was deferred to Monday by a court here Friday. The police plea to extend the stay of Ramalinga Raju, his brother and Satyam's former managing director Rama Raju and former chief financial officer Srinivas Vadlamani will be taken up in court later Friday.
Now, anti-fraud cell to quiz Satyam Rajus SaturdayFebruary 12th, 2009 HYDERABAD - The Serious Fraud Investigation Office (SFIO) has been permitted by a court here to interrogate Satyam Computer's disgraced founder B. Ramalinga Raju, his brother B.
Regulator gives Raju 24 hours for Satyam probe hearingJanuary 8th, 2009 HYDERABAD - Market regulator Securities Exchange Board of India (SEBI) Friday granted 24 hours to B. Ramalinga Raju, the disgraced former chairman of Satyam Computer Services, to appear before it for a hearing into the Rs.70-billion (Rs.7,000-crore) fraud he admitted the company has committed.
Court rejects SEBI plea to question Satyam's RajusJanuary 22nd, 2009 HYDERABAD - Market regulator Securities and Exchange Board of India's plea to record statements of disgraced Satyam Computer Services founder B. Ramalinga Raju and his brother B.
Now, anti-fraud cell to quiz Satyam Rajus SaturdayFebruary 12th, 2009 HYDERABAD - The Serious Fraud Investigation Office (SFIO) has been permitted by a court here to interrogate Satyam Computer's disgraced founder B. Ramalinga Raju, his brother B.
Satyam Raju's brother fails to get anticipatory bailFebruary 12th, 2009 HYDERABAD - B. Suryanaryana Raju, the second brother of Satyam Computer Services' disgraced founder B.
Satyam's Raju to face market regulator SaturdayJanuary 8th, 2009 HYDERABAD - India's market regulator Friday summoned B. Ramalinga Raju, disgraced founder of Satyam Computer, to appear before it Saturday as it began a probe into his Rs.70-billion (Rs.7,000-crore) accounting fraud, even as the Andhra Pradesh police began an enquiry.
Satyam's Raju brothers, former CFO in police custody for four daysJanuary 16th, 2009 HYDERABAD - Disgraced Satyam Computer Services founder B. Ramalinga Raju, his brother B.
Court rejects SEBI plea to question Satyam's RajusJanuary 22nd, 2009 HYDERABAD - Market regulator Securities and Exchange Board of India's (SEBI) plea to record statements of disgraced Satyam Computer Services founder B. Ramalinga Raju and his brother B.
3G auction base price proposed at Rs.4,040 croreJune 19th, 2009 NEW DELHI - The finance ministry has proposed a reserve base price of Rs.4,040 crore for third generation (3G) spectrum auctions and the final announcement could be made in a week, IT and Commmunications Minister A. Raja said Friday.
L&T Ventures Into Microfinance with BR from CranesMarch 18th, 2009 Cranes software bags BR.net order from L and T finance ltd. BANGALORE - Cranes Software International Ltd.
New board shortlists three for Satyam's top postsJanuary 22nd, 2009 HYDERABAD - The government-appointed directors of the beleaguered Satyam Computer Services Friday announced that they have shortlisted three candidates for the posts of chief executive and chief financial officer, and that the names of those selected will be announced next week. 'The selected person will be uniquely qualified to lead the company during this period of transition and will be a leader of global standing and recognition,' the directors said in a statement issued to the Bombay Stock Exchange at the end of their two-day meeting here.
Hearing on Raju's bail petition adjourned to FridayJanuary 11th, 2009 HYDERABAD - A court here Monday adjourned the hearing on the bail petition of the disgraced former top brass of Satyam Computer Services to Friday. The court also adjourned the hearing on the petition of the Criminal Investigation Department (CID) seeking their custody and another petition by market regulator Securities and Exchange Board of India (SEBI) seeking permission to question them in connection with a Rs.70 billion ($1.43 billion) fraud.
Satyam's application for land in Orissa under scannerJanuary 8th, 2009 BHUBANESWAR - The Orissa government will re-examine the application for land that the scam-tainted IT bellwether Satyam Computer wants for setting up a new unit in the state, a senior official said here Friday. The company sought land to set up a business process outsourcing unit, information technology department P.K.