Tag archive for ‘Ramalinga Raju’
Why Satyam won’t be rescued…
On January 7, 2009, B Ramalinga Raju admitted to orchestrating a 1.47 billion fraud on the balance sheets of Satyam Computer Services, the largest ever in Indian history. Satyam also happens to be 4th largest Information Technology company in India and employs over 53,000 professionals. Resignations from the Satyam’s board of directors trickled through for [...]