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How To Announce A Multi-Billion-Dollar Fraud

Indian government appoints new Satyam bosses, Stock surges 56%

Even as the newly appointed board of the disgraced Indian company Satyam Computers is meeting to draw up a rescue plan for the firm that has been at the centre of a scandal over the falsifying of accounts, the...

created by Sanjay Jha | 3 years ago | updated 3 years ago
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Ramalinga Raju: Profile

Ramalinga Raju, the founder and chair of Satyam Computer Services, has resigned over Enron-esque "financial irregularities", as public trading on the stock of the company he built from the ground up has been suspended. Before reading the story linked above, I didn't know who...