In response to the petition, the XIV Additional Chief Metropolitan Magistrate court in Hyderabad directed the authorities of Chanchalguda jail, where former Satyam Computer Chairman Raju and the other five accused are being held, to give their views.
Corporate Affairs Minister Salman Khurshid on Friday said that he is not surprised that B Ramalinga Raju has retracted his infamous January, 2009, confession of perpetrating accounting fraud at Satyam.
A local court on Tuesday directed the NIMS hospital in Hyderabad to file a fresh report regarding the health condition of former chairman of Satyam Computers B Ramalinga Raju, before it by July 1, even as CBI filed a memo seeking second opinion report through independent committee of doctors.
Corporate Affairs Minister Salman Khurshid on Wednesday said that the bail granted to B Ramalinga Raju, the tainted founder of Satyam Computer Services, will not hamper investigations.
A local court in the district remanded farmers' leader Raju Shetty in magisterial custody after police formally arrested him in connection with Monday's violent protests by farmers in western Maharashtra.
Former chairman of Satyam Computer Services B Ramalinga Raju, the prime accused in multi-crore accounting fraud in the IT firm, on Monday gave consent for his examination on the charges against him through a questionnaire.
Thackeray also declared the candidature of Satyajit Patil, Bharti Kamdi and Karan Pawar from Hatkanangale, Palghar, and Jalgaon constituencies, respectively.
The bench said most of the allegations in the corruption case registered by the CBI against Sisodia were "hearsay", based on the statements made by approvers and would not pass scrutiny before the trial court without any concrete material.
The court also extended the judicial remand of all the 10 accused till March 18.
Modi, on his maiden visit to the UNESCO World Heritage Site, first took the elephant safari in Mihimukh area of the Central Kohora Range of the park followed by the jeep safari inside the same range.
The Supreme Court on Monday sought response of former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar on a plea of the CBI challenging the interim bail granted to them by the Bombay high court in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi issued notice on the plea of the CBI and sought the response of the couple in three weeks.
The vehicle, a Tavera, was on its way to Jammu from Srinagar and it fell into a 300-foot gorge at the Battery Cheshma area of the district around 1.15 am, they said.
The comedian's funny antics could save him no longer.
Satyam Computer Services Ltd founder, B Ramalinga Raju, his brothers and their spouses have acquired 1,065 properties with a registered value of Rs 350 crore (Rs 3.50 billion). These include 109 properties in coastal Andhra, 11 in Karnataka, 40 in Nagpur, 29 in Chennai and 876 in Hyderabad and the surrounding Rangareddy district, according to sources tracking developments in the Central Bureau of Investigation probe of the Satyam case.
Tainted chairman of Satyam Computers B Ramalinga Raju and five others were chargesheeted by the Central Bureau of Investigation (CBI) on Thursday for allegedly filing false income tax returns resulting in a loss of Rs 126.57 crore (Rs 1.26 billion) to the company and shareholders.
The Bombay high court on Tuesday put a stay on the on the production warrant against B Ramalinga Raju, former chairman of Satyam Computer and asked a local court to speed up the hearing on his application for transfer of a cheating case to Hyderabad.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
Senior Congress leader and Union Minister Pallam Raju has voiced his opposition over carving a separate Telangana state from Andhra Pradesh and said it was becoming apparent there was no unanimity among MPs and MLAs in the state.
Police earlier claimed the three "Naxalites" were killed on a forested hill between Bhomra-Hurtarai villages under Koyalibeda police station limits on Sunday morning in an encounter with security personnel during an anti-Naxal operation.
In this extract from The Satyam Saga, Business Standard looks into the origins of EMRI, the allies Raju assembled and the roots of his philanthropic works -- as well as the problems that quickly grew to endanger his vision.
Sebi on Tuesday restrained two Brightcom Group officials, M Suresh Kumar Reddy and Narayan Raju, from holding any managerial position in the company or its subsidiaries until further orders. Reddy is the promoter-cum-chairman and MD of Brightcom Group Ltd (BGL) while Raju is the chief financial officer. Besides, the regulator also banned Reddy from the securities market until further orders.
The tribunal posted the matter for further hearing in December, when it will decide whether to admit the pleas of the Raju brothers and others against Sebi order.
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.
The remand of Satyam founder B Ramalinga Raju and seven others was extended by 14 days by a local court in Hyderabad on Wednesday.
Prime accused B Ramalinga Raju has been avoiding court proceedings since September citing health reasons.
The latest penalties for insider trading follows an earlier disgorgement order passed by Sebi in July last year.
Satyam's founder chairman B Ramalinga Raju, who was on Tuesday chargesheeted by the Central Bureau of Investigation in the accounting fraud case involving thousands of crores of rupees, may face life imprisonment if convicted under Section 467 of the IPC.
Ramalinga Raju, his brother Rama Raju and six other accused were produced before the in-charge judge of XVI additional chief metropolitan magistrate, subsequent to which their judicial custody was extended till June 10. Satyam accused are lodged in Hyderabad's Chanchalguda jail.
Besides the Raju brothers, the CBI would be quizzing Satyam's former CFO Vadlamani Srinivas and audit house Price Waterhouse's partners S Gopalakrishnan and Talluri Srinivas in connection with the Rs 7,800 crore (Rs 78-billion)accounting fraud at Satyam Computer.
Counsel for Satyam Computer's founder B Ramalinga Raju on Wednesday objected to the manner in which market regulator Sebi was conducting the interrogation, saying his client was not allowed to have any legal assistance, and also threatened to challenge the process in the Supreme Court.
Market regulator Sebi is seeking the Supreme Court's permission to interrogate Satyam's disgraced founder Ramalinga Raju and his brother Rama Raju in connection with the Rs 7,800-crore fraud in the IT company.
Ramanathan Raju, a medical doctor who brings more than 30 years of experience in public and not-for-profit hospital systems, was on Tuesday appointed the commissioner of Health and Hospitals Corporation by New York City Mayor Bill de Blasio.
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.
The hearing of the forgery case filed by British mobile solution firm Upaid against Satyam Computer Services is not scheduled for hearing during this week. This means no Satyam official -- neither B Ramalinga Raju who stepped down as its chairman after admitting to a financial fraud nor any other top executive -- is in the US for the case. When contacted, a Satyam spokesperson confirmed the development and added that Raju was 'very much' in Hyderabad.
Satyam's disgraced chairman B Ramalinga Raju has been removed from all key positions in the apex industry body, CII, following his disclosure of a multi-billion dollar fraud in India's fourth largest IT firm.
Earlier during the day, the Andhra Pradesh chief minister Y S Rajasekhara Reddy told reporters in Delhi that a CB-CID enquiry will be ordered into this 'mind-boggling' fraud, immediately. According to official sources, the CB-CID would take up the investigation only when a Government Order is issued in this regard.
After being a part of the Telugu hit, Sita Ramam, Mrunal Thakur signs another.
A local court on Saturday extended the judicial custody of Ramalinga Raju, his brother and former managing director Rama Raju and former chief financial officer Vadlamani Srinivas till February 21.
A local court in Hyderabad on Thursday extended the police custody of disgraced former chairman of Satyam Computer B Ramalinga Raju by one more day. The 6th Additional Chief Metropolitan Magistrate Ramakrishna also extended the police custody of former chief financial officer Vadlamani Srinivas by one more day.
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.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances