12:59 PM, Mar 11, 2012
New Delhi: Outraged over a case filed by Satyam against it, audit firm Price Waterhouse on Monday said it was an attempt to shift responsibility to auditors. "Price Waterhouse India is outraged that Satyam is attempting to shift responsibility to auditors for the consequences of a carefully and deliberately concealed fraud that was undertaken at the direction of its own senior management," said a statement by the audit firm. The...09:19 AM, Jan 10, 2012
Washington: US market regulator SEC on Tuesday said that India's fraud-hit Satyam Computer Services, now Mahindra Satyam, has agreed to pay $10 million to settle charges related to the accounting scam by its promoter B Ramalinga Raju. It also said five India-based affiliates of Price Water House Coopers (PWC), auditors to Satyam Computer, have agreed settle the SEC charges and pay $6 million in penalty. "Satyam, whose new leadership cooperated...11:52 PM, Apr 05, 2011
Swimmers dive into the Serpentine river for a Christmas Day dip. ...03:01 PM, Dec 28, 2009
CBI is still investigating, it is not proper to grant bail at this stage, ruled Court. ...10:46 PM, May 25, 2009
The auditing firm was reacting to the allegation made by SFIO. ...11:21 PM, Apr 17, 2009
The two auditors are now in jail for their alleged involvement in the scam. ...03:34 AM, Apr 04, 2009
Hyderabad: Satyam Computer Services will appoint a new accounting firm within the next 48 hours to work on restating the accounts and declare the December quarter earnings, a member of the new board said. Working capital issues require immediate attention at the company, Deepak Parekh, a senior banker and one of the government appointees to Satyam's board, said after the first meeting of the newly constituted board. The government dissolved...07:57 PM, Jan 12, 2009
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