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Satyam Scam

Satyam Computer case: Sebi lowers disgorgement amount to Rs 622 crore

In February, the Securities Appellate Tribunal (SAT) had remanded the matter back to Sebi, directing it to recalculate the unlawful gains and reconsider the ban on the promoters

Satyam Computer case: Sebi lowers disgorgement amount to Rs 622 crore
Updated On : 01 Dec 2023 | 10:29 PM IST

Had toyed merging with Satyam a year before it went bust: Anand Mahindra

The Mahindra Group had toyed with the idea of merging with Satyam Computer Services a year before the Hyderabad-based IT company went bust, its Chairman Anand Mahindra said

Had toyed merging with Satyam a year before it went bust: Anand Mahindra
Updated On : 20 Jan 2023 | 10:31 PM IST

India at 75: Gupta to Mallya - 6 leaders who began well but lost their way

They started something big, different and new. But somewhere down the line, they lost their way, even landed on the wrong side of the law. Here's a look at six high-fliers who fell from grace

India at 75: Gupta to Mallya - 6 leaders who began well but lost their way
Updated On : 12 Aug 2022 | 12:35 PM IST

India Inc's missing whistle-blowers

Domestic corporate scandals of recent vintage, such as Global Trust, Satyam, IL&FS or YES Bank, to name a few, have all been the result of implosions rather than employee revelations

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Updated On : 14 Jul 2022 | 12:13 AM IST

Netflix's docuseries 'Bad Boy Billionaires' tells stories all too familiar

The docuseries tells life stories of India's most notorious billionaires - Nirav Modi, Subrata Roy, Vijay Mallya and Ramalinga Raju

Netflix's docuseries 'Bad Boy Billionaires' tells stories all too familiar
Updated On : 08 Oct 2020 | 6:10 AM IST

Hyderabad court stays Netflix series on Satyam Ramalinga Raju's plea

The web series is promoted by Netflix as an "investigative docuseries" that "explores the greed, fraud and corruption that built up - and ultimately brought down - Indias most infamous tycoons"

Hyderabad court stays Netflix series on Satyam Ramalinga Raju's plea
Updated On : 02 Sep 2020 | 5:18 PM IST

The Satyam story and the unknown role of Pranab Mukherjee

Tarun Das recounts real stories from the time of the Satyam turmoil when Pranab Mukherjee, then the external affairs minister, straightened things out for the board tasked with handling the crisis

The Satyam story and the unknown role of Pranab Mukherjee
Updated On : 02 Sep 2020 | 8:37 AM IST

Top 10 biz headlines: Auto sales down 23.5%, direct tax code delay & more

From PV sales declining for the 10th straight month to chances that the govt is unlikely to replace the Income Tax Act with the direct tax code, here are the top business headlines for Tuesday

Top 10 biz headlines: Auto sales down 23.5%, direct tax code delay & more
Updated On : 10 Sep 2019 | 8:09 AM IST

SAT quashes Sebi's order against Price Waterhouse in Satyam scandal

The scandal involving overstatement of bank and cash balances by over Rs 3,300 cr had come to light in January 2009

SAT quashes Sebi's order against Price Waterhouse in Satyam scandal
Updated On : 10 Sep 2019 | 12:58 AM IST

Satyam scam: In setback for Sebi, SAT quashes 2-year audit ban on PwC

SAT says Sebi has no authority to look into the quality of audit and auditing services

Satyam scam: In setback for Sebi, SAT quashes 2-year audit ban on PwC
Updated On : 09 Sep 2019 | 1:07 PM IST

A decade after Satyam, systems still take time to detect fraud: C P Gurnani

The Rs 7,800 crore fraud at Satyam Computer came to light in January 2009 after Raju admitted to cooking up account books and inflated profits for several years

A decade after Satyam, systems still take time to detect fraud: C P Gurnani
Updated On : 30 Apr 2019 | 6:03 PM IST

10 years after Satyam: Who's who in the business scandal that shocked India

From Ramalinga Raju to S Gopalakrishnan, the key players in the scandal and their roles explained

10 years after Satyam: Who's who in the business scandal that shocked India
Updated On : 07 Jan 2019 | 12:41 AM IST

Satyam scam: Regulation is better, but implementation has a long way to go

It may be a while before governance standards can prevent another Satyam-like fraud

Satyam scam: Regulation is better, but implementation has a long way to go
Updated On : 07 Jan 2019 | 12:36 AM IST

10 years after Satyam, independent directors more than just a ticking box

Going by the provisions of the new company law, the responsibility and accountability equation for independent directors has seen a major change

10 years after Satyam, independent directors more than just a ticking box
Updated On : 07 Jan 2019 | 12:34 AM IST

10 years after Satyam, auditors still can't flag a management fraud

However, one important change in boardrooms, in the post-Satyam era, say many in the audit fraternity, is the auditor relationship with the audit committee

10 years after Satyam, auditors still can't flag a management fraud
Updated On : 07 Jan 2019 | 12:11 AM IST

10 years after Satyam, Raju remains patriarch of family-run business empire

According to CBI sources, efforts are now on to push for the commencement of arguments in the Satyam case

10 years after Satyam, Raju remains patriarch of family-run business empire
Updated On : 05 Jan 2019 | 2:02 AM IST

Satyam scam: Sebi asks Raju, three others to return Rs 8.13 billion

The latest Sebi ruling, pertaining to insider trading and fraudulent activities, has been passed after the Securities Appellate Tribunal (SAT) directed it to pass a fresh order in the matter

Satyam scam: Sebi asks Raju, three others to return Rs 8.13 billion
Updated On : 03 Nov 2018 | 12:27 AM IST

SAT rejects Price Waterhouse's plea to extend audit work till March 2020

The tribunal in its January order had clarified that PW and its network entities could carry out audit certification of listed companies till December 31, 2018

SAT rejects Price Waterhouse's plea to extend audit work till March 2020
Updated On : 22 Oct 2018 | 7:47 PM IST

Satyam scam: Sebi grants relief to 3 officials in modified order

According to Sebi's order issued on Tuesday, Srinivas and Ramkrishna have been barred from the securities market for seven years while the ban on Gupta is for four years

Satyam scam: Sebi grants relief to 3 officials in modified order
Updated On : 17 Oct 2018 | 2:06 PM IST

Satyam scam: Price Waterhouse goes all out to protect its reputation

The consulting firm goes all out to protect its reputation, keep the brand away from the flames of the Satyam saga

Satyam scam: Price Waterhouse goes all out to protect its reputation
Updated On : 22 Jan 2018 | 4:30 AM IST