Satyam chairman Ramalinga Raju, MD Rama Raju quit

January 8th, 2009 HYDERABAD - The Andhra Pradesh police Friday night arrested disgraced former founder-chairman of Satyam Computers B. Ramalinga Raju and his brother and former company managing director B.

January 23rd, 2009 HYDERABAD - Two officials of PricewaterhouseCoopers, the firm that audited fraud-hit Satyam Computer Services' books, were arrested Saturday for their alleged role in the irregularities. The Crime Investigation Department (CID) of the Andhra Pradesh police, probing the Rs.70 billion (Rs.7,000 crore/$1.43 billion) fraud in the IT bellwether, arrested chief relationship partner S.

January 6th, 2009 HYDERABAD - Satyam Computer Services founder chairman B. Ramalinga Raju resigned from the IT major's board after admitting a fraud to the tune of Rs.40 billion ($823 million) in the balance sheet of the company.

January 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.

January 15th, 2009 HYDERABAD - Satyam Computer Services' disgraced founder B. Ramalinga Raju and his brother B.

January 9th, 2009 HYDERABAD - In the third arrest in the Satyam Computer Services scam, the former chief financial officer (CFO) of the IT bellwether Vadlamani Srinivas was held by Andhra Pradesh police Saturday night in connection with the Rs.70 billion fraud. Srinivas was very close to the company's founder chairman B.

January 8th, 2009 HYDERABAD - Disgraced former founder-chairman of Satyam Computers B. Ramalinga Raju surrendered before the Andhra Pradesh police chief Friday night.

January 8th, 2009 HYDERABAD - The Andhra Pradesh police Friday night arrested disgraced former founder-chairman of Satyam Computers B. Ramalinga Raju and his brother and former company managing director B.

January 6th, 2009 HYDERABAD - Shares of Satyam Computer Wednesday crashed by over 72 percent to Rs.50 from a opening of Rs.179.10 on the bourses around 1 p.m., following the resignation of its founder-chairman B. Ramalinga Raju after he admitted to a Rs.40 billion (Rs.4,000 crore or $823 million) fraud - the largest in India Inc.

January 22nd, 2009 HYDERABAD - Disgraced Satyam Computer Services founder B. Ramalinga Raju bought lands not only in India but in other countries also, prosecutors told a court here Friday.

March 7th, 2009 HYDERABAD - B. Suryanarayana Raju, the younger brother of disgraced founder of Satyam Computer Services B.

February 12th, 2009 HYDERABAD - B. Suryanaryana Raju, the second brother of Satyam Computer Services' disgraced founder B.

February 20th, 2009 NEW DELHI - The Central Bureau of Investigation (CBI) Friday registered a case against disgraced Satyam founder B. Ramalinga Raju for the Rs.70 billion fraud and constituted a multi-disciplinary investigation team (MDIT) for the probe.

January 22nd, 2009 HYDERABAD - The judicial custody of Satyam Computer Services' former chairman B. Ramalinga Raju, his brother and former managing director B.

January 12th, 2009 HYDERABAD - Almost all the top names including former president of India A.P.J. Abdul Kalam have resigned from the board of Emergency Management and Research Institute (EMRI), promoted by disgraced founder and former chairman of Satyam Computer Services B.