Satyam Board
- All
- News
- Videos
-
Govt sacks Satyam Board, to appoint 10 new directors
The government on Friday disbanded the board of Satyam Computers for ",failing to do what they were supposed to", and would soon appoint 10 new directors, who would hold its first meeting within a week.
-
Ramalinga Raju, brother arrested in Satyam scam
Two days after shocking the country by admitting to Rs 7,800-crore fraud, Satyam founder Ramalinga Raju and his brother Ram Raju were arrested on Friday night as part of the crackdown by state authorities and the central government, which disbanded the tainted IT firm's board on a day of fast-paced developments.
-
Bidding for Satyam underway
Satyam's sale process is underway and at least three firms have confirmed that they have put in an initial bid for a controlling stake in the fraud-hit firm. Satyam had set Friday's deadline for receiving initial bids. L&T, Tech Mahindra and Spice Group have put in expressions of interest while Hindujas have pulled out of the race. Satyam's bo...
-
US authorities in India to probe Satyam scam
A high-level delegation from the US, Securities and Exchange Commission, is in India to meet capital market regulator SEBI and Satyam board in the next two days to gather information on the Satyam scandal. After the confession of B Ramalinga Raju, US investors have filed over a dozen lawsuits against the company in various US courts. Satyam Compu...
-
Satyam board to announce new CEO, CFO today
Satyam's new board will announce the company's new CEO and CFO on Monday. However, the designations will be slightly different. The CEO is expected to be designated as Advisor Management Operations and CFO is expected to be designated as Advisor Financial Operations. In an exclusive interaction with NDTV Profit, Minister of Corporate Affairs, PC ...
-
Satyam board to meet today, announce of new CEO, CFO likely
The six-member board of Satyam will meet on Tuesday to pick a new chief executive officer and finalise funding arrangements to ensure the fraud-hit company's smooth operations in the next two months. Also, the bail applications of Ramalinga Raju, V Srinivas and the two auditors of Pricewaterhouse Coopers will come up for hearing in a Hyderabad cou...
-
Satyam questions police claim on headcount
Satyam on Friday questioned the state police's claim that the company's employee numbers were inflated by over 12,000, saying there appears no basis for doubting the actual staff strength even as the new board committed to name a new CEO and CFO by next week.
-
Satyam board to meet today
The six-member Board of Satyam will begin a crucial two-day meet in Hyderabad on Thursday in an effort to steer the company away from the current crisis following the Rs 7,800 crore financial fraud.
-
SEBI board meet to take stock of Satyam fiasco
Capital market regulator Securities and Exchange Board of India (SEBI) will hold its Board meeting on Wednesday, an official said. It is, however, understood that the Board meet, the first after the Satyam scam, would discuss the issue in detail.
-
Satyam board meets today; to discuss funds
Action and not just assurances - that is what investors, clients and employees of Satyam would be hoping for as the expanded board of directors meets on Saturday in Hyderabad. However, steering the scam-tainted company out of the woods is not going to be an easy task. One of the biggest challenges facing the board is arranging the desperately need...
-
New Satyam board to take stock of situation shortly
The government has acted swiftly just days after the Rs 7000 crore Satyam fraud came to light. It has appointed a new board bringing together highly respected individuals from the fields of Finance, IT and Law. HDFC Chairman Deepak Parekh, former NASSCOM chief Kiran Karnik and former SEBI member C Achuthan constitute the new board. Making the a...
-
Govt sacks Satyam Board, to appoint 10 new directors
The government on Friday disbanded the board of Satyam Computers for ",failing to do what they were supposed to", and would soon appoint 10 new directors, who would hold its first meeting within a week.
-
Ramalinga Raju, brother arrested in Satyam scam
Two days after shocking the country by admitting to Rs 7,800-crore fraud, Satyam founder Ramalinga Raju and his brother Ram Raju were arrested on Friday night as part of the crackdown by state authorities and the central government, which disbanded the tainted IT firm's board on a day of fast-paced developments.
-
Bidding for Satyam underway
Satyam's sale process is underway and at least three firms have confirmed that they have put in an initial bid for a controlling stake in the fraud-hit firm. Satyam had set Friday's deadline for receiving initial bids. L&T, Tech Mahindra and Spice Group have put in expressions of interest while Hindujas have pulled out of the race. Satyam's bo...
-
US authorities in India to probe Satyam scam
A high-level delegation from the US, Securities and Exchange Commission, is in India to meet capital market regulator SEBI and Satyam board in the next two days to gather information on the Satyam scandal. After the confession of B Ramalinga Raju, US investors have filed over a dozen lawsuits against the company in various US courts. Satyam Compu...
-
Satyam board to announce new CEO, CFO today
Satyam's new board will announce the company's new CEO and CFO on Monday. However, the designations will be slightly different. The CEO is expected to be designated as Advisor Management Operations and CFO is expected to be designated as Advisor Financial Operations. In an exclusive interaction with NDTV Profit, Minister of Corporate Affairs, PC ...
-
Satyam board to meet today, announce of new CEO, CFO likely
The six-member board of Satyam will meet on Tuesday to pick a new chief executive officer and finalise funding arrangements to ensure the fraud-hit company's smooth operations in the next two months. Also, the bail applications of Ramalinga Raju, V Srinivas and the two auditors of Pricewaterhouse Coopers will come up for hearing in a Hyderabad cou...
-
Satyam questions police claim on headcount
Satyam on Friday questioned the state police's claim that the company's employee numbers were inflated by over 12,000, saying there appears no basis for doubting the actual staff strength even as the new board committed to name a new CEO and CFO by next week.
-
Satyam board to meet today
The six-member Board of Satyam will begin a crucial two-day meet in Hyderabad on Thursday in an effort to steer the company away from the current crisis following the Rs 7,800 crore financial fraud.
-
SEBI board meet to take stock of Satyam fiasco
Capital market regulator Securities and Exchange Board of India (SEBI) will hold its Board meeting on Wednesday, an official said. It is, however, understood that the Board meet, the first after the Satyam scam, would discuss the issue in detail.
-
Satyam board meets today; to discuss funds
Action and not just assurances - that is what investors, clients and employees of Satyam would be hoping for as the expanded board of directors meets on Saturday in Hyderabad. However, steering the scam-tainted company out of the woods is not going to be an easy task. One of the biggest challenges facing the board is arranging the desperately need...
-
New Satyam board to take stock of situation shortly
The government has acted swiftly just days after the Rs 7000 crore Satyam fraud came to light. It has appointed a new board bringing together highly respected individuals from the fields of Finance, IT and Law. HDFC Chairman Deepak Parekh, former NASSCOM chief Kiran Karnik and former SEBI member C Achuthan constitute the new board. Making the a...
