The founder and directors of India -based outsourcing company Satyam Computer Services, falsified the accounts, inflated the share price, and stole large sums from the company. Much …

Oct 3, 2025 · Satyam Computers was formerly the crown jewel of the Indian Information Technology (IT) industry, but its founders brought it to its knees in 2009 owing to financial …

Jan 20, 2025 · Satyam, once regarded as a symbol of India’s technological prowess, became synonymous with corporate fraud, shaking investor confidence and drawing widespread criticism.

Jan 9, 2009 · In one of the biggest frauds in India's corporate history, B. Ramalinga Raju, founder and CEO of Satyam Computers, India's fourth-largest IT services firm, announced on January …

Sep 27, 2024 · In 2009, India faced one of its biggest corporate scams—the Satyam scam case, which not only led to changing the whole corporate landscape in India but also raised several …

Jul 11, 2024 · Satyam computers management misled the market and the stakeholders by manipulating the company’s financial health. Material facts were misstated and went …

The Satyam scandal, often labeled "India's Enron," stands as one of the most significant corporate frauds in Indian history. It brought to light the fragility of corporate governance, the …

Jan 7, 2009 · Dec 16: Satyam announces the $1.6bn acquisition of two companies controlled by the family of Ramalinga Raju, chairman of the IT outsourcer. However, Satyam aborts the deal …

Satyam Computer Services Ltd was founded in 1987 by B.Ramalinga Raju. The company offers information technology (IT) services spanning various sectors, and is listed on NSE, BSE, the …

Mahindra Satyam (formerly Satyam Computer Services Limited) was an Indian information technology (IT) services company based in Hyderabad, India, offering software development, …