While authorities in India work to unravel a $1 billion fraud scheme at Satyam Computer Services, its U.S. customers would be wise to do some digging into their own books, some audit experts are ...
India was rocked by possibly its biggest corporate fraud on January 7 as B Ramalinga Raju, chairman of Satyam Computer Services, resigned after confessing that the company’s profits and cash reserves ...
NEW YORK (Reuters) - Satyam Computer Services Ltd has agreed to pay $125 million to settle U.S. shareholder litigation arising from an accounting fraud that in 2009 turned into India's biggest ...
The Confederation of Indian Industry (CII) has launched a corporate governance task force to report on the implications of the fraud at computer company Satyam. In a brief statement the business lobby ...
NEW DELHI (Reuters) - An Indian court on Wednesday granted bail to former chairman and founder of Satyam Computer Services Ramalinga Raju in a case of accounting fraud that turned out to be India's ...