In a major setback to Sebi, SAT on Monday overturned the market regulator's order banning PricewaterhouseCoopers from auditing any listed company for two years for its role in the RS 7,800-crore......
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower For the first time in a decade, information technology (IT) companies reported a sequential decline in......
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave. It was on January 7, 2009, that B Ramalinga Raju, the poster boy of......
While the acquisition helped Tech Mahindra add $1.2 billion to its top line, it took almost eight quarters to do so; the company also spent around $200 million in legal fees. There are......
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......