@B. Ramalinga Raju
Satyam Probe Brings US SEC Team to India
by CXOtoday Staff    Jul 24, 2009
Category : News & Analysis
Technology : Infrastructure
A US Securities and Exchange Commission team, probing the multi-crore rupee accounting fraud by Satyam Computer, has arrived in India. The tainted BPO company is listed on the New York Stock Exchange.The team will be meeting with a variety of...
Satyam Computers is now Mahindra Satyam
by CXOtoday Staff    Jun 22, 2009
Category : News & Analysis
Two months after taking over Satyam Computer Services, Tech Mahindra yesterday renamed the IT company as Mahindra Satyam. Customer centricity, high standards of corporate governance, unimpeachable ethics form the cornerstones of the...
Tech Mahindra Nominees Join Satyam Board
by CXOtoday Staff    May 28, 2009
Category : News & Analysis
Vineet Nayyar, CEO of Tech Mahindra, along with three top executives, today joined the Satyam Computer Services board. The board now has the full complement of ten members, which includes the six government appointed members. Tech Mahindra,...
India Inc Asks: Was the Board Really Unaware?
by CXOtoday News Team    Jan 07, 2009
Category : News & Analysis
Technology : Infrastructure
Condemning attempts to mislead stakeholders, software major Wipro has demanded a detailed investigation into the Satyam fraud case involving its founder Ramalinga Raju. Suresh Senapathy, executive director and chief financial officer at Wipro...
CXOs React Strongly to Satyam Saga
by Manu Sharma    Jan 07, 2009
Category : News & Analysis
Technology : Infrastructure
The Satyam "Saga" took a dramatic turn on Wednesday with B. Ramalinga Raju, the chairman of Satyam Computer resigning from the company's board. In a shocking disclosure, he admitted some financial irregularities in the company,...
Two More Satyam Directors Resign
by CXOtoday Staff    Dec 29, 2008
Category : News & Analysis
Technology : Infrastructure
Vinod Dham, non executive and independent director, and Krishna G. Palepu, non executive director at Satyam, have resigned. Acknowledging the resignations, B. Ramalinga Raju, chairman and founder of Satyam said that among other issues to be...
Satyam Board to Meet on Jan. 10
by CXOtoday Staff    Dec 29, 2008
Category : News & Analysis
B. Ramalinga Raju, chairman and founder of Satyam said that the board will require more time to properly address queries raised by the stakeholder over the events that have unfolded over the last two weeks. It may be recalled that Satyam had...
Satyam Calls Off Maytas Deal
by CXOtoday Staff    Dec 17, 2008
Category : News & Analysis
A strong pressure from the stakeholders has forced Satyam to call off the proposed Maytas acquisition deal. Satyam yesterday had announced that it was acquiring Maytas Properties for $1.3 billion (Rs.62.28 billion) and taking 51% stake in...
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