The tragic saga of Satyam

It was in January of 2009 that Mr Raju had confessed serious financial irregularities. On Thursday, the Hyderabad-based special court that was trying the case arising out of the giant accounting......

Satyam fine is a wake-up call for independent directors

Krishna Palepu fined Rs 2.66 crore (Rs 26.6 million) for conflict of interest, others Rs 20K by Hyderabad court; liability is on individuals, not firmThe role of high-profile independent directors......

ICAI to ban three auditors in Satyam case

The Institute of Chartered Accountants of India (ICAI) is set to ban three of its members, including Price Waterhouse partners Srinivas Talluri and S Gopalakrishnan, for life, with regard to the Rs......

Lessons for investors from the Satyam scam

Get worried when a company proposes something unusual and exit if you are not sure.The signs of the Satyam scam should have come almost three weeks before, Ramalinga Raju proposed to buy a......