News tagged with satyam

India fines ex-IT firm chief over 'India's Enron'

India's equity market regulator has slapped multi-million dollar fines on the former chief of outsourcing giant Satyam and his aides for manipulating the firm's shares in a scandal dubbed "India's Enron".

dateJul 16, 2014 in Business
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India court bails Satyam fraud accused

India's Supreme Court on Friday granted bail to the former chairman of Indian outsourcing giant Satyam, B. Ramalinga Raju, who is accused of one of the country's biggest corporate frauds.

dateNov 04, 2011 in Business
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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.

dateNov 16, 2009 in Business
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Third bidder joins race for Satyam

The board of India's Satyam Computer Services met Saturday to review a list of bidders for the fraud-hit outsourcer as a third company announced it had joined the race.

dateMar 21, 2009 in Business
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Satyam gets 'adequate bid response'

The board of swindled Indian outsourcing giant Satyam said it has received an "adequate response" to its invitation for bids, as a newspaper said Saturday that IBM had joined the race.

dateMar 14, 2009 in Business
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