Satyam’s Founder B. Raju Resigns, Shares Plunge by 80%, The Resignation Letter Discussed

Satyam’s Founder B. Raju Resigns, Shares Plunge by 80%, The Resignation Letter Discussed

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Shares of Satyam Computer Services plunged more than 80% in Mumbai Wednesday, after the founder and chairman B. Ramalinga Raju shocked every one by resigning. Satyam Computers is reportedly the fourth largest software company in India. Currently there was much speculation about Satyam’s credibility after World Bank snapped of their multi million dollar deal with [...]

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