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Q.

Actually what is happened in SATYAM?Details.

Asked by sachin acharya, 11 Jan '09 12:34 pm
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Answers (4)

1.

Go thru the newspapers or net-news..... u wil get al the details
Answered by gaurav ochani, 11 Jan '09 12:37 pm

 
  
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2.

The Raju brothers were arrested by the Andhra Pradesh CID in connection with the Rs 7800 crore scam .Satyam Computer Chairman Ramalinga Raju revealed that the profits had been cooked for years together. In what is termed as India's Enron, Satyam saga comes soon after 26/11-terror attack in Mumbai which hurt Indias right under its belly, has dented Indias image and confidence. Satyam Computer Chairman Ramalinga Raju quit on Wednesday in biggest corporate scandals. Satyam saga has only raised more suspicion and that there could be many more skeletons in the closet of corporate boom. The government have detailed a three-member board, including former Nasscom chief Kiran Karnic and Deepak Parikh, chairman of HDFC,the third member will be C. Achuthan, former member of SEBI (Securities and Exchange Board of India), will ensure that Satyam continues to function in the "interest of the company and its shareholders". The IT bellwether has been hit by a Rs.70 billion fraud perpetr ...more
Answered by Durlabh Khanna, 11 Jan '09 01:56 pm

 
  
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3.

Its a very very serious manuculation of accounting and bogus entries in their profit-and capital-all the investors looted and cheated by SATYAM-WE CAN SAY ASATYAM
Answered by VIJAY SONI, 11 Jan '09 01:03 pm

 
  
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4.

It is well planned and mili bhagat of may crooks and soon this man will be out and all will share the proceedings
Answered by Dinesh C S, 11 Jan '09 02:54 pm

 
  
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