News tagged with corporate fraud

India's Mahindra Satyam posts strong profit growth

India's software outsourcer Mahindra Satyam on Wednesday posted a near five-fold jump in its third quarter net profit, beating market forecasts, as margins were boosted by a fall in the rupee.

Technology / Business

created Feb 01, 2012 | popularity not rated yet | comments 0

India's Satyam posts strong profit growth

Indian software outsourcer Mahindra Satyam on Thursday said its quarterly net profit soared more than ten-fold, beating market estimates, as demand for outsourcing grew.

Technology / Business

created Nov 10, 2011 | popularity not rated yet | comments 0

Porn sites closer to getting '.xxx' Web address

(AP) -- Porn sites are closer to getting their own address on the Internet.

Technology / Internet

created Dec 10, 2010 | popularity 4.3 / 5 (9) | comments 2

Court hears India's 'biggest corporate fraud' case

The disgraced founder of Indian outsourcing giant Satyam appeared in court Tuesday in a billion-dollar corporate fraud case dubbed "India's Enron".

Technology / Business

created Nov 02, 2010 | popularity 2 / 5 (1) | comments 1

India's top court cancels bail for IT group's founder

India's Supreme Court on Tuesday cancelled bail granted to the founder of IT outsourcing firm Satyam, who is accused of staging the country's biggest corporate fraud.

Technology / Business

created Oct 26, 2010 | popularity not rated yet | comments 0

India's fraud-hit Satyam posts loss but is on the mend

India's fraud-hit Satyam announced Wednesday a loss of 27.6 million dollars for the last fiscal year as it reported its first earnings since an accounting scandal pushed the firm to the edge of bankruptcy.

Technology / Business

created Sep 29, 2010 | popularity 3 / 5 (1) | comments 0

India's fraud-hit Satyam seeks delisting from NYSE

India's fraud-hit software firm Satyam Computers said on Friday it plans to delist from the New York stock exchange as it may not be able to meet the US deadline to file restated financial accounts.

Technology / Business

created Sep 24, 2010 | popularity not rated yet | comments 0

Former outsourcing tycoon 'bailed' in big fraud case

The founder of Indian outsourcing firm Satyam, who has been accused of staging India's biggest corporate fraud, was granted bail on Wednesday in the southern city of Hyderabad.

Technology / Business

created Aug 18, 2010 | popularity not rated yet | comments 0

Study shows anonymous whistle-blowers less likely to be believed

According to a new study, corporate directors, who are ultimately responsible for internal whistle-blowing systems, often do not take action at all regarding anonymous allegations, even when the allegation involves very serious ...

Other Sciences / Social Sciences

created Jul 12, 2010 | popularity 5 / 5 (1) | comments 0

India fraud office to prosecute Satyam founder

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.

Technology / Business

created Nov 16, 2009 | popularity 4.3 / 5 (3) | comments 0