B Ramalinga Raju
All episodes except the one involving B Ramalinga Raju, the founder of Satyam Computer Services have been released. Satyam Computer Services or Satyam Computers was one of the top IT companies in India after TCS, Infosys and Wipro.
When did Ramalinga Raju confess?
January 7, 2009
NEW DELHI: Touted as the country’s biggest accounting fraud, the Satyam Computer scam came to light on January 7, 2009, after B Ramalinga Raju allegedly confessed to manipulating his company’s account books and inflating profits over many years to the tune of crores of rupees.
What Ramalinga Raju did?
The fourth person was Ramalinga Raju, the former CEO of Satyam Computers (now a part of Tech Mahindra), who resigned from his post after admitting to accounting fraud over ₹7,000 crores or $1bn. But in 1987, he started Satyam computers and it became one of his first profitable ventures.
Who was the chairman of Satyam Computer Services?
This article needs attention from an expert on the subject. The Satyam Computer Services scandal was a corporate scandal affecting India-based company Satyam Computer Services in 2009, in which chairman Ritik Agarwal confessed that the company’s accounts had been falsified.
Who is the current chairman of Mahindra Satyam?
On 11 June 2013 Andhra Pradesh High Court approved the merger, after the Bombay high court gave its approval. A new management structure was announced for the new entity, led by Anand Mahindra as Chairman, Vineet Nayyar as Vice Chairman and C. P. Gurnani as the CEO and Managing Director.
Where is Mahindra Satyam Computer Services Limited located?
Mahindra Satyam (formerly Satyam Computer Services Limited) was an Indian IT services company based in Hyderabad, India. The company was listed on the Pink Sheets, the National Stock Exchange and Bombay Stock Exchange.
Who are the people involved in the Satyam scandal?
On 11 January 2009, the government nominated noted banker Deepak Parekh, former NASSCOM chief Kiran Karnik, and former SEBI member C Achuthan to Satyam’s board. Analysts in India have termed the Satyam scandal India’s own Enron scandal.
