http://news.in.msn.com/business/article.aspx?cp-documentid=1773411
Satyam scam: The mega corporate fraud
Satyam
Computers Chief Ramalinga Raju's revelations about a Rs40 billion fraud
committed by him have sent shock waves across the corporate world.
India Inc's biggest fraud is bound to have a ripple effect on many
sectors. The Indian IT outsourcing industry, which is thriving on the
goodwill and reputation it has built over a period of time among the
global clients, is expected to bear a major brunt of the Satyam episode
in coming quarters. Though Satyam does not represent the whole Indian
IT industry, this one individual fraudulent act will erode Indian IT
industry's international standing. Read more about the different
dimensions of Satyam scam.....
Latest Headlines
- CID sleuths grill Ramalinga Raju, brother
- I-T dept to probe possible tax evasion by Satyam
- Sacked directors may be barred for 5 years
- CID sleuths grill Ramalinga Raju, brother
- Raju, brother to be produced in court on Saturday
- Rajus questioned throughout night: Lawyer
- Does Satyam have cash to pay salaries?
- Satyam investors lose over Rs 13,000 cr in a month
- Satyam's new directors to have sweeping powers
Ramifications of Satyam scam
On employees - Satyam may axe 10k employees next month
Directors, employees shocked by Raju's fraud
On IT industrySatyam fiasco: IT firms to feel the ripple effect
On stock marketNSE removes Satyam from Nifty; replaces Rel Capital
On auditorsSatyam auditor mum on fudging charges
Ramalinga Raju's startling revelationsRaju’s letter that unveiled corporate India’s biggest fraud
What the Satyam fraud is all aboutThe rise and fall of IT tzar Ramalinga Raju
How the world reacts to Satyam scamAmericans dreaded Raju more than Osama: Experts
The Road aheadSatyam faces class action lawsuit in US
Image gallerySatyam begins damage-control
Watch videoSatyam scam shocks India Inc
Speak upShould NMN, Premji step in to clean up Satyam?
MSN viewers speak