Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing ...
The government-appointed board at financially troubled Indian outsourcer Satyam Computer Services Ltd. has decided to appoint an accounting firm in the next 48 hours to restate the company’s accounts.
Scandal-wracked offshore outsourcing vendor Satyam Computer Services Ltd. today announced the start of a competitive bidding process that could lead to an investor acquiring a majority stake in the ...
A key investor in Indian outsourcer Satyam Computer Services, Larsen & Toubro (L&T), is considering selling its stake, citing a lack of information on company's performance, financial and otherwise.
MUMBAI (Dow Jones)--India's Satyam Computer Services Ltd. (500376.BY) has received a technology outsourcing contract worth as much as $15 million from a government agency in Qatar as part of the ...
The financial fraud perpetrated by Satyam Computer Services executives could trigger near-term disruptions across the outsourcing and IT industries. Ramalinga Raju, the company’s founder and chairman, ...
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