SATYAM COMPUTERS SATYAM CRISES

  • Satyam 'apologises', vows to emerge stronger January 7, 2009

    Hyderabad: Indias two leading business chambers expressed their shock at Satyam Computers founderchairman B Ramalinga Rajus revelation of accounting frauds but the interim chief of the IT giant was confident that the company would emerge stronger. ''This is the time to prove to the world that we are united and will...
  • Satyam chief's truth 'horrifies' market regulator January 7, 2009

    Mumbai: Satyam Computers chief B Ramalinga Rajus admission of fraud in the companys is an event of horrifying magnitude," the countrys market regulator has said. "This is an event of horrifying magnitude and it's first of its kind," said C B Bhave, chairperson of the Securities and Exchange Board of India...