Satyam Computer

  • Satyam case: Ramalinga Raju appears in court on money-laundering charges 04-04-2014 03:22 PM

    Satyam Computers founder Ramalinga Raju and another accused appeared before a court in Hyderabad in connection with a prosecution complaint filed by Enforcement Directorate against them for offences under the Prevention of Money Laundering Act (PMLA). The Enforcement Directorate in October last year had file the complaint against Raju and...
  • MSat-Tech Mahindra merger gets AP High Court approval 11-06-2013 08:38 PM

    Hyderabad: The Andhra Pradesh High Court on Tueday approved the merger of Mahindra Satyam (MSat) with Tech Mahindra while dismissing the petitions of some shareholders seeking to stall the proposal in its current form so as to safeguard their financial interest. The Court said, however, that the investigations into the...
  • Tech Mahindra shares fall as merger with Satyam delayed 26-03-2013 01:20 PM

    Mumbai: Shares in Tech Mahindra Ltd fall 1.9 per cent, while Satyam Computer Services Ltd drops 1.6 per cent, a day after the companies said a long-planned merger between the two had been delayed by an additional six months up to September 30. The companies did not give a reason...
  • Satyam fraud case: SC grants bail to 5 accused 12-10-2011 12:57 PM

    New Delhi: The Supreme Court on Wednesday gave a conditional bail of six months to former Satyam employees G Ramakrishna, D Venkatpathi Raju, Srisailam, Ramalinga Raju's brother B Suryanarayana Raju, Satyam's former MD B Rama Raju and former PricewaterhouseCoopers (PwC) auditor Subramani Gopalakrishnan in the Rs 617 crore income tax...
  • Mahindra Satyam gets Rs 2,114 cr tax demand 22-08-2011 08:47 PM

    Mumbai: The Income Tax Department has slapped a tax demand of Rs 2,114 crore on IT firm Mahindra Satyam (erstwhile Satyam Computer Services), after disallowing exemptions claimed by the company. "The company has received draft notices of demand for Rs 1,037.69 crore and Rs 1,075.73 crore for assessment years 2002-03...
  • SC orders status quo on Rs 617 cr Satyam tax case 06-04-2011 03:13 PM

    New Delhi The Supreme Court on Wednesday ordered the Central Board of Direct Taxes (CBDT) to maintain status quo on its demand for Rs 617 crore income tax from Satyam Computer, while asking for a list of the actual liabilities of the scam-hit information technology (IT) firm. A three-judge bench...
  • MahSatyam settles SEC charges for $10 million 05-04-2011 11:52 PM

    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...
  • SC notice to Satyam fraud accused on bail issue 01-04-2011 01:56 PM

    New Delhi: The Supreme Court on Friday issued notices to Price Waterhouse (PW) partner Subramani Gopalakrishnan and Satyam Computers' former auditor VS Prabhakar Gupta over a CBI plea seeking cancellation of their bail granted by the Andhra Pradesh High Court. A bench of justices P Sathasivam and BS Chauhan issued...
  • Mahindra Satyam to settle US suit, pay $ 125 mn 17-02-2011 11:26 AM

    Mumbai: Mahindra Satyam, formerly known as Satyam Computer Services, on Thursday said it has agreed to pay $125 million to settle a putative class action suit filed against the company in a United States District Court. The litigation relates to the 2009 accounting fraud at Satyam Computer, which was later...
  • Ramalinga Raju, 5 others to go back to jail 10-11-2010 12:46 PM

    Hyderabad: B Ramalinga Raju, the prime accused in the multi-crore Satyam accounting fraud, and five others surrendered before a trial court in Hyderabad on Wednesday. Ramalinga Raju, his brother B Rama Raju, former Satyam CFO V Srinivas and three other former employees of the IT firm -- G Ramakrishna, Venkatapathi...
  • Ramalingam Raju to surrender before CBI court 10-11-2010 08:54 AM

    In a big blow to B Ramalingam Raju, former chairman of Satyam Computers, the Supreme Court on Tuesday rejected a petition seeking an extension of his bail. He will now have to surrender before a special CBI court in Hyderabad. ...
  • SC directs Ramalinga Raju to surrender 09-11-2010 01:54 PM

    New Delhi: The Supreme Court has refused to give more time to former Satyam Computers chairman B Ramalinga Raju to surrender in the multi-crore accountying fraud in the IT major. The apex court heard his petition seeking an extension of time on Tuesday but directed him to surrender on November...
  • Raju leaves CBI office after 4 hours of grilling 06-10-2010 10:40 AM

    Hyderabad: Former Satyam Chairman Ramalinga Raju left CBI office after almost four hours of questioning for the second day on Wednesday. Raju was accompanied by his brother Rama Raju and former CFO Srinivas Vadlamani in the CBI office. The CBI questioned Raju in the 14 thousand crore accounting fraud for...
  • Ex-Satyam chief Raju discharged from hospital 02-10-2010 04:11 PM

    Hyderabad: B Ramalinga Raju, former chairman of Satyam Computers and the prime accused in the Rs 14,000-crore accounting fraud, was today discharged from the Nizam Institute of Medical Sciences where he was undergoing treatment for hepatitis C for the past ten months. NIMS gastroenterologist Ajit Kumar said Raju requested the...
  • SC notice to Raju on plea to cancel his bail 01-10-2010 12:19 PM

    New Delhi: The Supreme Court on Friday sought a response from Satyam Computer's disgraced founder, B Ramalinga Raju, on the CBI's plea for cancellation of his bail in the multi-crore rupee accounting scam. A bench comprising Justices Dalbeer Bhandari and Deepak Sharma has issued a notice to Raju on the...
  • Satyam ex-chief Raju reaches court in a face mask 31-08-2010 01:47 PM

    Hyderabad: The founder of Satyam Computers B Ramalinga Raju made his fourth appearance in a Hyderabad court on Tuesday in connection with the multi-crore accounting scam in the IT giant. Raju made his appearance in a medicated face mask. He had been avoiding appearing in person to testify in the...
  • Ramalinga Raju gets bail in Satyam scam case 18-08-2010 02:27 PM

    Hyderabad: Former Satyam chairman B Ramalinga Raju was granted bail in the multi-crore scam by Andhra Pradesh High Court on Wednesday. The High Court granted bail to Raju on health grounds saying he should not be discharged from the hospital. Raju has been hospitalised at Nizam's Institute of Medical Sciences...
  • Satyam's Raju a pauper now: US court 28-01-2010 10:55 AM

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  • Watch: Ex-Satyam chief feigning a heart attack? 09-09-2009 12:04 AM

    Ramalinga Raju is now recovering in the intensive care unit. ...
  • Satyam Computers is now Mahindra Satyam 21-06-2009 09:20 PM

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