In a letter to the Prime Minister, Reddy said though the CB-CID had been in constant touch with other investigating agencies, there were issues that needed to be looked into by central government organisations such as the Income Tax department, Enforcement Directorate, Registrar of Companies, Ministry of Company Affairs, Serious Fraud Investigation Office and the Securities and Exchange Board of India.
How many employees does Satyam Computer Services really have? Doubts over the company's claim of 53,000 employees have arisen ever since founder B Ramalinga Raju's January 7 confession to fraud.
The clearances are for three proposals submitted to the Foreign Investment Promotion Board by Bharti Telemedia, which offers direct-to-home television services, Tata Teleservices, in which Japan's DoCoMo has picked up 27.3 per cent equity, and SKR BPO Services, which has made downstream investments in Sparsh BPO. Press notes 2 and 4, issued in February this year, changed the way indirect foreign equity is treated while computing the total foreign investment.
Satyam Computer Services founder B Ramalinga Raju, ex-CEO B Rama Raju and ex-CFO Vadlamani Srinivas in window-dressing the company's accounts, according to the remand case diary filed by the Economic Offences Wing of the Andhra Pradesh Crime Investigation Department.
Referring to the various infrastructure projects being executed by Maytas and its joint venture partners in the state, the chief minister said: "If we have genuine doubt about their capabilities, we will look at alternatives. If work can go without any problem, we will continue. We will only see that there is no risk to the government."
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Many members of the association, who had bought shares of the IT firm at Rs 540 some four months back, had suffered heavy losses when the scrip crashed to Rs 39 on Wednesday, he said.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
All interest free advances stand discontinued with the exception of interest free advance for medical treatment, travelling allowance for family of deceased, travelling allowance on tour or transfer and leave travel concession
Bank of Maharashtra announces its written test for clerical cadre in Pune branch.
Satyam Computers founder B Ramalinga Raju, who is in jail for the past eight months in connection with a Rs 8,000 crore corporate fraud, suffered a massive heart attack and was admitted to a hospital on Monday night, jail and police sources said. Raju, who will turn 55 on September 16, was transferred to the Nizam Institute of Medical Sciences hospital from Chanchalguda jail, where he is under judicial custody on charges including fraud, forgery, cheating, embezzlement.
There is much to learn from how Brian Chesky, co-founder and CEO, Airbnb, let 1,900 employees know they had lost their jobs.
The US Securities and Exchange Commission (SEC) team met the six-member government appointed board of the Satyam Computer Services here on Thursday.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
In a sensational disclosure, a public prosecutor has told a local court in Hyderabad that the disgraced chairman of Satyam Computer Services B Ramalinga Raju had not only inflated the number of employees by thirteen thousand but also used the fictitious numbers to mint money.
Some employees have alleged that close to 20 employees of the troubled Satyam Computer Services have been promoted to the I-1 and I-2 bands (representing assistant vice-president and vice-president levels) and also received a salary hike of 20-40 per cent. The timing has caused much resentment with some employees taking up the matter with the human resources department.
Suriya Prabha trains students from government schools in rural Tamil Nadu to code and use Artificial Intelligence to solve problems.
Govt steps up security to check criminals seeking bank details of taxpayers
A scientist of Indian origin from MIT, along with colleagues and researchers from Texas Instruments, has developed an energy-efficient microchip for portable electronics, which could lead to longer-lasting, self-charging cell phones.
Dr Sangeeta N Bhatia, director, Laboratory for Multiscale Regenerative Technologies at the Massachusetts Institute of Technology, has been chosen to the newest class of the prestigious Howard Hughes Medical Institute investigators.
Vodafone Idea on Monday paid Rs 2,500 crore to DoT and promised to pay another Rs 1,000 crore before the end of the week.
B Teja Raju, the elder son of Saytam Computer chief B Ramalinga Raju, on Saturday took over additional charge of chief executive officer of Maytas Infra in place of P K Madhav, who was arrested on December 16, 2008 in connection with the Nagarjuna Finance depositors' case.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
'Hate and violence are an ever-present threat to us.' 'The community is staying vigilant of their surroundings.'
The reason for the largesse, a first in the revenue department, is on account of direct and indirect tax collections exceeding the target (Budget estimate) for 2006-07. Total revenue collections stood at Rs 470,987 crore (Rs 4,709.87 billion) for the year, against the targeted Rs 439,952 crore (Rs 4399.52 billion).
Maulana Azad National Institute of Technology, Bhopal, invites applications for admission to its various PhD programmes.
Verbal analogies are a fundamental constituent of the GRE - Computer Adaptive Test. Tips to crack these questions.
In June last year, Tech Mahindra completed acquisition of Mahindra Satyam -- erstwhile Satyam Computer Services -- to become India's fifth largest software services firm. Mahindra is also the Chairman of Tech Mahindra.
Blocking all websites with pornographic content in the country is not possible and it would cause more harm as literary content containing such words would also not be available for public on internet, the Centre on Monday told the Supreme Court.
Liquor shops reopened across the country in the non-containment zones after 40 days from Monday with people queuing up in large numbers, giving social distancing norms a toss at some places.
The blaze was spotted in a computer room on the second floor shortly after 9.45 pm
IT major Satyam Computer Services Ltd on Wednesday said it will implement an infrastructure lifecycle management solution for the Dubai Municipality engineering departments with a view to address its administrative and technical problems.
A bench headed by Chief Justice S A Bobde directed that the inquiry commission should start functioning within a week and the probe be concluded within two months.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
He, however, said the Russian government sought to interfere in US election process.
Rehman's body was found beside train tracks in Dum Dum in Kolkata on September 21.
Electrical Engineering Students Association (EESA), IIT Bombay is organising Aagomani '07, a 2-day workshop cum lecture series in the field of Multimedia and Digital Entertainment. It will be held at the Electrical Engineering Department, IIT Bombay on 13 and 14 of October 2007.
A quick computation puts the following value to the seizures.
