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Satyam Computers News

13 May 2015

Satyam case: Ramalinga Raju, 9 others released from prison

The Metropolitan Sessions Court, on May 11, suspended seven-year rigorous imprisonment awarded to Raju and others in the Satyam case, known as one of the biggest corporate frauds in India.

13 May 2015

Satyam case: Raju, others may be released today

Satyam Computers founder B Ramalinga Raju and nine others are expected to be released from the Cherlapally Central Prison Wednesday, as the prison authorities did not receive the bail order yesterday.

12 May 2015

Satyam case: Raju, others may be released Wednesday

Satyam Computers founder B Ramalinga Raju and nine others are expected to be released from the Cherlapally Central Prison Wednesday, as the prison authorities did not receive the bail order today.

11 May 2015

Satyam case: Ramalinga Raju, 9 others granted bail; court suspends their sentences

In a sigh of relief to Satyam Computers founder B Ramalinga Raju and 9 others sentenced to 7 years rigorous imprisonment in the multi-crore accounting fraud, the Hyderabad Court on Monday granted them bail.

08 May 2015

Satyam case: Court order on Ramalinga Raju's appeal for sentence suspension today

A local court would pronounce its order on Friday on appeals filed by Satyam Computers founder B Ramalinga Raju and nine others, seeking suspension of their sentences and the fines imposed on them in the multi-crore accounting fraud in the erstwhile IT firm.

07 May 2015

Court order on Raju's appeal for sentence suspension tomorrow

A local court would pronounce its order on Friday on appeals filed by Satyam Computers founder B Ramalinga Raju and nine others, seeking suspension of their sentences and the fines imposed on them in the multi-crore accounting fraud in the erstwhile IT firm.

30 Apr 2015

Satyam scam: HC asks Raju & others to move Sessions Court

The Hyderabad High Court Thursday declined to admit appeals filed by Satyam Computer founder B Ramalinga Raju and others against their conviction in the multi-crore accounting fraud at the erstwhile IT firm, observing it is not maintainable before it and told them to move sessions court.

13 Apr 2015

Satyam scam: Ramalinga Raju challenges fraud case verdict

The founder of Satyam Computer Services, Ramalinga Raju, who was found guilty in an accounting fraud case and sentenced to seven years` imprisonment last week, has filed an appeal to challenge the court`s verdict.

10 Apr 2015

Satyam case: Ramalinga Raju, brother sentenced to 7 years in jail, Rs 5.5 crore fine

The 10 accused were convicted of criminal conspiracy and cheating among other offences in the scam dubbed as the country's biggest accounting fraud.

09 Apr 2015

Satyam scam: All you want to know about Ramalinga Raju

A special court on Thursday sentenced the former chief of outsourcing giant Satyam to seven years in jail over a USD 2.25 billion accounting fraud scandal dubbed "India`s Enron".

09 Apr 2015

Satyam founder Raju, 9 others guilty of accounting fraud

Charges against Raju and others include criminal conspiracy and forgery of valuable security.

09 Apr 2015

Satyam scam: Ramalinga Raju, 9 others sentenced to 7-year rigorous imprisonment

The special court found Raju guilty of cheating, forgery and criminal breach of trust.

09 Apr 2015

Court to pronounce verdict in Satyam case today

Raju and others were charged with offences like cheating, criminal conspiracy, forgery and breach of trust under relevant sections of IPC.

08 Apr 2015

Court to pronounce verdict in Satyam case tomorrow

A special court here trying the multi-crore accounting fraud in erstwhile Satyam Computer Services Ltd (SCSL) will pronounce its judgement in the CBI- probed case on Thursday.

23 Dec 2014

Court to pronounce verdict in Satyam case on March 9

A special court on Tuesday set March 9, 2015, as the date for the verdict in the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL).

23 Dec 2014

Satyam case: Need more time to deliver judgement, says special court

SFIO had filed seven complaints against SCSL and its directors for violations of the Companies Act in the Special Court for Economic Offences here in December 2009.

22 Dec 2014

HC quashes all money laundering cases against Tech Mahindra

In a major relief to Tech Mahindra Monday, the High Court at Hyderabad quashed all money laundering cases filed by Enforcement Directorate (ED) against the infotech major.

Satyam Computers

08 Dec 2014

Satyam case: B Ramalinga Raju, others get 6-month sentence

A local court Monday convicted Satyam founder B Ramalinga Raju, accused of one of the most sensational corporate frauds in the country, and other accused in connection with complaints filed by Serious Fraud Investigation Office (SFIO).

08 Dec 2014

Satyam case: Court sentences Raju brothers to 6-month jail

A Court on Monday sentenced scam-hit Satyam Computers founder Ramalingam Raju and his brother Rama Raju 6-months jail and fine.

13 Nov 2014

SEBI complaints: Ramalinga Raju, others appear in court

Nearly six years after the multi-crore rupee scam in Satyam jolted corporate India, a special court here will pronounce its verdict on December 23 in the case.

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