Tag Archives: ramalinga raju

Flash News: Ramalinga Raju, 9 others found guilty in Satyam case

A special CBI court on Thursday found B. Ramalinga Raju, his brother Rama Raju and eight others guilty in the multi-crore Satyam scam. Ramalinga Raju, the Satyam Computer Services Limited’s founder and former chairman, and his brother were found guilty of criminal breach of trust, a CBI lawyer said. Eight others were declared guilty of criminal conspiracy in the country’s ...

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Satyam merger with Tech Mahindra ends an era of IT fraud

Finally, Satyam’s saga will end with the proposed merger with its parent company Tech Mahindra to form one of the top five IT companies in the country. The announced merger will create a behemoth of $2.4 billion company, with more than than 75,000 employees serving about 350 clients in 54 countries. “This would make us a company with an annual ...

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