Special court will announce judgement in Satyam case on Dec 23.
This is one of the major corporate frauds in the country.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
On the basis of the complaint filed by Leena Mangat, the CB-CID had filed an FIR on Jan 9, 2009.
Employees of the beleaguered Satyam Computer Services are now finding it difficult to get personal loans or pay back equated monthly instalments. Even their credit card limits have been reduced by almost 80 per cent since banks have become stringent following reports of the severe cash crunch at Satyam on the back of the admission of a financial fraud by the former company chairman Ramalinga Raju.
With prominent Indian IT companies such as Tata Consultancy Services (TCS), Wipro, Infosys Technologies, Zensar Technologies and Satyam Computer Services increasing their presence in Japan, the world's second largest IT services market is becoming a lucrative market for India.
The 56-year-old Raju admitted to fraud in January 2009 in the IT major.
n February 2009, the CBI took over the investigation.
Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.
Raju pleaded for leniency citing his philanthropic activities.
Nipuna Services, Satyam Computer's BPO subsidiary, today signed a $25-million
There is a two-minute footage about Choksi in the series which allegedly shows him in a bad light and therefore, could affect the various proceedings against him in India.
Fraud is a big concern among many board members.
Often these IDs sit on the audit committee of the board or even chair it.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
Andhra Pradesh Chief Minister N Chandrababu Naidu, who was instrumental in developing Hyderabad as a key information technology services destination in the country, is now embarking upon a mission to establish the state as an electronics manufacturing hub.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Every day when Akhilesh returns after a joust with political adversaries to his Camelot, which is Lucknow's 5, Kalidas Marg, it is time to hold court with advisors and loyalists.
'India today has to fight many a battle, all of which cry out for innovation. This is where the experience of the Diaspora could be the most productive well-spring.'
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