satyam computers

The Supreme Court today said the CBDT order, as and when it is passed, on Mahindra Satyam tax dispute case would not take effect for two weeks so that the IT company may challenge it in an appropriate forum. Full Article

The Institute of Chartered Accountants of India (ICAI) today said it expects to complete the investigation against the auditors of Satyam Computers in three months from the day the Delhi High Court , where the case is being heard, gives a final verdict. Full Article

Brushing aside fears that it was sacrilegious to criticise established accounting standards in a room packed with hundreds of chartered accountants, Gautam Doshi, group managing director of Reliance-Anil Dhirubhai Ambani Group, decided it was time to turn the tables. Full Article

When its auditors were wrongly led to believe that the current asset figures given to it by Satyam Computers was prim and proper, the episode threw light on a fear that chartered accountants in the country have long harbored at the back of their mind Full Article

The CBI, probing the about Rs 14,000-crore accounting scam in IT firm Satyam Computers today completed its arguments on the charges to be framed against 10 accused in the case. CBI's Special Public Prosecutor K Surendra who had last week begun argume Full Article

The Andhra Pradesh High Court on Wednesday posted the hearing on a bail petition moved by B Ramalinga Raju, prime accused in the multi-crore Satyam Computers accounting scam, to August 5. The company's former chairman moved the petition exactly one week after the same court granted bail to five of his co-accused. He requested the court to grant him bail as accused 2 and 5 had been let out on bail despite facing similar charges. Full Article

Mr Justice D. D. Sinha of the Bombay High Court, one of the judges on the Division Bench hearing audit firm Price Waterhouse's petition against Securities and Exchange Board of India, recused himself from hearing the case on Friday, without assigning any reason. Full Article

A high-level team of CBI sleuths, led by director Ashwini Kumar, will reveal how it successfully investigated India's biggest corporate fraud, involving the Hyderabad-based Satyam Computers. The disclosure will be made during the three-day conference of senior CBI officials that begins on Saturday. Full Article