The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.
Charges against Raju and others include criminal conspiracy and forgery.
A first in 7 years, the combined institutional investor flow stands at Rs 69,000 crore in 2016-17
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
There is no doubt in our capabilities, says the Infosys co-founder.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
This is Gajendra Chauhan's resume: ...an actor who is best known for his portrayal of the eldest Pandava 'Yudhishthira' in the Mahabharat (TV series). He has worked in around 150 movies and over 600 TV serials
Four interesting films gear up to release on this festive occasion.
Singham director Hari Gopalakrishnan's latest film Poojai is all set to hit the screens on Diwali.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
On May 22 and 23, the Tamil Nadu police shot dead 13 persons in Tuticorin after the months-long anti-Sterlite protests turned violent. A month later, when A Ganesh Nadar visited the homes of a few victims, he found the families and friends still cowering under fear of the police.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Why top executives are trading cushy jobs for start-ups
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
Most successful and ambitious business leaders feel persuaded that they have no competent successor, says R G Vilakudi.
All the 10 accused in the case, including prime accused Satyam Computers founder and former chairman B Ramalinga Raju and his brother and Satyam's former MD B Rama Raju, appeared in the court, as per its direction.
In a one-horse race, ruling All India Anna Dravida Munnetra Kazhagam led by Jayalalithaa on Friday inflicted a crushing defeat on its arch-rival DMK, Congress and BJP-led six-party alliance, winning 4 seats and establishing unassailable leads in 33 out of the 39 Lok Sabha seats in Tamil Nadu.
Additional levy to eat into Rs 6,000-crore income of top promoters
With employees as brand ambassadors, can the company get the grime off its image?
At the helm of the Film and Television Institute of India, the government wants someone who could devote more time
The government's Swachh Bharat programme presents entrepreneurs with a chance to curb open defecation and make money in the process.
I have no hesitation to say that the cultural milieu is different, said chairman R Seshasayee in a rare media interaction.
India's nuclear establishment is continuing its march of folly at the expense of safety in the false belief that atomic power is the energy of the future. It's not. Nuclear power is in relentless global decline, says Praful Bidwai.
Farming and agriculture are crying out for a business model innovation, says R Gopalakrishnan.
Experts regretted that it has taken too long to deliver justice
n February 2009, the CBI took over the investigation.
There are quite a few lesson that upcoming entrepreneurs must learn from housing.com controversy.
'Gajendra Chauhan may be a good administrator, or even a good leader, but he lacks the basic quality of inspiring others.'
Funding Indian start-ups has slowed down.
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days.
Madha Yaanai Koottam reveals in great detail the rites and rituals followed after death and how pride, anger and vengeance can only lead to senseless violence and death.
This makes him corporate India's biggest donor to society.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
They expressed disappointment over the firm's performance.
The stark simplicity of the dialogues, the well-etched characters, the intriguing plot, the captivating music, the cinematography, but most of all the brilliant twist at the end makes Director Balaji K Kumar's Vidiyum Munn a must watch, says S Saraswathi
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