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Page 9 - Satyam Scam

Satyam verdict date: Court adjourns proceedings to August 11

The case is touted as the biggest corporate fraud in the country

Satyam verdict date: Court adjourns proceedings to August 11
Updated On : 11 Jan 2018 | 8:30 AM IST

Court reserves judgement in Satyam case

A local court trying the case of multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) today reserved its judgement while asking all the accused to appear before it on September 15.

Court reserves judgement in Satyam case
Updated On : 11 Jan 2018 | 8:30 AM IST

Raju, other ex-Satyam execs get breather on Rs 3k-cr Sebi penalty

Sebi had in July asked Ramalinga Raju and others to disgorge wrongful gains of Rs 1,850 crore, with interest of 12% per annum since January 2009, within 45 days

Raju, other ex-Satyam execs get breather on Rs 3k-cr Sebi penalty
Updated On : 11 Jan 2018 | 8:30 AM IST

Mahindra did not anticipate legal hurdles after Satyam buy

Surprised by tax claims on its investments in scam-tainted Satyam Computers, Mahindra Group Chairman Anand Mahindra said he had not anticipated that the Group will be battling Indian government and tax authorities in court for its own money.

Mahindra did not anticipate legal hurdles after Satyam buy
Updated On : 11 Jan 2018 | 8:30 AM IST

Satyam scam: Raju moves SAT against disgorgement order

Sebi on July 15 barred the erstwhile Satyam Computers and four others from markets for 14 years and asked them to return Rs 3,000 cr

Satyam scam: Raju moves SAT against disgorgement order
Updated On : 11 Jan 2018 | 8:30 AM IST

The elephant in the board room

Corporate India's 'tick-in-the-box' approach to detect and report fraud and misconduct is making many independent directors and auditors apprehensive

The elephant in the board room
Updated On : 11 Jan 2018 | 8:30 AM IST

Satyam case: All accused directed to appear in court on Oct 27

A local court trying the case of multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) today ordered all the accused to appear before it on October 27. The court has not given any date for judgement, CBI special public prosecutor K Surender said. The ten accused in the case include prime accused Satyam Computers founder and former chairman B Ramalinga Raju, his brother and Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, and Satyam's former internal chief auditor V S Prabhakar Gupta. The trial in Satyam fraud case had concluded in the second half of June before the special court, which examined 216 witnesses and marked 3,038 documents during the course of the hearing. Touted as the country's biggest accounting fraud, the scam came to light on January 7, 2009, after Raj

Satyam case: All accused directed to appear in court on Oct 27
Updated On : 11 Jan 2018 | 8:29 AM IST

Court asks Satyam case accused to appear before it next month

Trial in the biggest corporate fraud case was completed in June

Court asks Satyam case accused to appear before it next month
Updated On : 11 Jan 2018 | 8:29 AM IST

Satyam case verdict likely on Dec 23

A special court here will pronounce its verdict on December 23 in the accounting fraud in the erstwhile Satyam Computer Services Limited, nearly six years after the the multi-crore rupee scam jolted corporate India.

Satyam case verdict likely on Dec 23
Updated On : 11 Jan 2018 | 8:28 AM IST

SEBI complaints: Ramalinga Raju, others appear in court

One complaint alleges unfair trade practices adopted by Raju and second one pertains to 'violations' of Insider Trading Regulations committed by Raju and his kin

SEBI complaints: Ramalinga Raju, others appear in court
Updated On : 11 Jan 2018 | 8:28 AM IST

Satyam case: Court to fix verdict date on December 23

The court posted the verdict date after hearing arguments from the defence counsel

Satyam case: Court to fix verdict date on December 23
Updated On : 11 Jan 2018 | 8:27 AM IST

Special court to fix date for Satyam verdict on Oct 30

The special court set up to try the multi-crore accounting fraud at erstwhile Satyam Computer Services Limited on Monday said that it would pronounce the date of the much-awaited verdict on October 30.

Special court to fix date for Satyam verdict on Oct 30
Updated On : 11 Jan 2018 | 8:27 AM IST

Don't do a Satyam on FTIL

If the buzz in the corridors of the ministry of corporate affairs is to be believed, the government is keen on removing the management of Financial Technologies India (FTIL), which substantially owns the National Spot Exchange (NSEL).

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Updated On : 11 Jan 2018 | 8:27 AM IST

Court sentences Ramalinga Raju to six months imprisonment in Satyam fraud case

Raju also fined Rs 10 lakhs for violation of various provisions of the Companies Act

Court sentences Ramalinga Raju to six months imprisonment in Satyam fraud case
Updated On : 11 Jan 2018 | 8:27 AM IST

Satyam fine sends signals to all independent directors

Krishna Palepu fined Rs 2.66 cr for conflict of interest, others Rs 20k by Hyderabad court; liability is on individuals, not firm

Satyam fine sends signals to all independent directors
Updated On : 11 Jan 2018 | 8:27 AM IST

Special court verdict in Satyam case likely on December 23

Days after Satyam founder B Ramalinga Raju was convicted in SFIO cases, a special court here is expected to pronounce its verdict on Tuesday in the multi-crore accounting fraud in the erstwhile Satyam Computer Services Limited (SCSL), capping a nearly six-year trial.

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Updated On : 11 Jan 2018 | 8:27 AM IST

Satyam scam: HC orders removal of Tech Mahindra from ED case

Hyderabad High Court today ordered removal of Tech Mahindra from the chargesheet filed by the Enforcement Directorate for money laundering against the erstwhile Satyam Computers Services Limited (SCSL) and its promoters.

Satyam scam: HC orders removal of Tech Mahindra from ED case
Updated On : 11 Jan 2018 | 8:26 AM IST

Satyam case: Special court posts hearing on Sebi plaints to Jan 20

The complaints filed by Sebi against Ramalinga Raju and other accused was for violation of the Sebi Act

Satyam case: Special court posts hearing on Sebi plaints to Jan 20
Updated On : 11 Jan 2018 | 8:26 AM IST

Ratatouille Raju: Will he get his just desserts or just some desert?

Faster and harsher punishments will deter corporates from committing such crimes

Ratatouille Raju: Will he get his just desserts or just some desert?
Updated On : 11 Jan 2018 | 8:26 AM IST

Special court to pronounce judgment on Satyam case on March 9

The scam came to light on January 7, 2009, after Ramalinga Raju allegedly confessed to manipulating his company's account books

Special court to pronounce judgment on Satyam case on March 9
Updated On : 11 Jan 2018 | 8:26 AM IST