A city court on Monday granted bail to B Ramalinga Raju and all other accused in multi-crore-rupee Satyam accounting fraud case. The metropolitan sessions court granted bail to Satyam Computers Services Limited (SCSL) founder and former chairman Ramalinga Raju and his brother Rama Raju on a personal...

Agencies reported that Satyam founder B Ramalina Raju, his two brothers and seven others were sentenced to seven years in jail by a special CBI court in Hyderabad today for their role in the Rs 7,000 crore Satyam accounting fraud. Raju and his brother B Rama Raju were also fined Rs 5 crore, with fin...

Satyam settled a New York class action law suit against its shareholders for $125m. But was it good news for India?

Expert academic witnesses Vikramaditya Khanna and Sandeep Parekh locked horns with law firm JSA-instructed and ex-CJI Ahmadi’s testimony in the lead-up to yesterday’s $125m settlement before a New York court, US dockets reveal.

The Supreme Court has issued notice to ex-Satyam director B Rama Raju and four others following the Central Bureau of Investigation’s (CBI) challenge of the High Court’s grant of bail to the defendants, who were allegedly responsible for the Rs 7,000 crore scam that almost brought the IT company to ...