Archive for January 8th, 2009
The End of Satyam Saga: Raju quits
India’s fourth largest technology outsourcing companies, Hyderabad based Satyam Computers Ltd, on Wednesday admitted fraud and irregularities in its books and committing other grave corporate governance violations. Satyam Computer Chairman B. Ramalinga Raju admitted in his resignation submitted to the board.
The company issued a statement in this regards. Below is the text of the [...]