Satyam Raju resigns admits fraud SoftwareInfotech - Instablogs
Satyam Raju resigns admits fraud SoftwareInfotech
Girish , Shimla: Jan 7 2009
Made Popular Jan 7 2009
India :
Satyam Computer Services has informed the Bombay Stock Exchange that its chairman B Ramalinga Raju and managing director B Rama Raju have resigned. ( Watch ) The IT services firm has been in the middle of a controversy since it announced a bid to...
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Girish
Jan 20 2009
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Girish
Jan 20 2009
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Girish
Jan 20 2009
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1 Stars
Brajesh
Banglore, India
The position of the manager-promoters in Satyam Computer Services has become untenable, as is clear from the revelations that have come tumbling out after the company's aborted bid to buy two companies belonging to the promoter group. What makes matters even worse is that serious charges have been cited by the World Bank while barring the company from all WB contracts for eight years.
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Brajesh
Banglore, India
Raju further assured employees that customers continue to show a high level of trust in Satyam.
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