Corporate Law : Explore the lessons from Satyam Computers and Enron scandals, their impact on corporate governance, and the role of transparency. ...
Finance : Explore Satyam and PNB scandals in India's corporate world and how government agencies like CBI, SFIO, and ED played a pivotal rol...
Company Law : Satyam fraud case serves as a cautionary tale that highlights the importance of corporate governance and the responsibilities of t...
Company Law : Satyam Case is a tale of irony in the name of the company. The word ‘Satyam’ means truth whereas the Satyam Case is about the ...
CA, CS, CMA : It is ripe time for ICAI to take initiative and show leadership in conveying and educating the investors, regulators and other sta...
CA, CS, CMA : The gloves are off in the fight between the Union Government and Opposition on who is helping scam-tainted Satyam Computer Service...
CA, CS, CMA : Tainted Satyam auditor Price Waterhouse heads for a disgraceful exit as the new board of the IT Company is believed to have initia...
CA, CS, CMA : The suitors seeking to take over the scam-hit Satyam Computers will not be able to go through the restated financial statement or ...
CA, CS, CMA : The cup of woes for B Ramalinga Raju seemed to be full as income tax officials drove down to the Chanchalguda jail on Thursday and...
CA, CS, CMA, Finance : PwC’s unqualified opinions of Satyam’s financial statements were materially false and misleading… as an accounting expert wh...
Fema / RBI : An Appellate Tribunal upheld the ED's provisional attachment of properties in a major fraud case. The ruling confirmed that the ...
There is no lapse in the standard of accounting and auditing ethics in India. Satyam shock is just an aberration or an accident, said Mr Ved Jain, president of the Institute of Chartered Accountants of India.
The Central Board of Direct Taxes has sought a fresh report from its field officers about the details of tax deducted at source (TDS) submitted by Satyam, to get fresh leads in the case after the Andhra Pradesh CID accused the company of having 13,000 ghost employees on its rolls, a senior government official said.
The Andhra Pradesh Police claims the two Price Waterhouse executives arrested in relation to the Satyam case have confessed, continuing the trend seen thus far with the police claiming significant success in getting almost everyone arrested in the case to sing.
The Parliamentary standing committee on Finance, headed by BJP member of parliament Ananth Kumar, has convened a meeting on Wednesday to examine the crisis sparked by the fraud in Satyam Computer Services. This could lead to changes in company law to strengthen regulation and governance.
As government sleuths dig deep into the Satyam quagmire, they have been able to find some of the missing pieces to this sordid jigsaw puzzle. Simultaneously , they have also come up with some new revelations that add to the mystery. Here’s the latest poser: Was Satyam flush with funds in excess of Rs 3,500 […]
According to Ernst & Young, its aluation of Maytas Properties was used inappropriately by Satyam Computer (Q, N,C,F)* Services for its merger with Maytas, reports Business Standard.
Sources in the Hyderabad police said the CB-CID police have arrested Satyam’s two Pricewaterhouse auditors S Gopal Krishnan and Srinivas Talluri last night. Pricewaterhouse had not responded to the arrest, at the time of filing the report.
The Satyam scandal continues to reverberate, with a host of competing companies aiming to pick up some U.S. business and some big firms facing questions about why they did business with the Indian outsourcer.
JPMorgan and Goldman Sachs are among the banks shortlisted to advise the new board of Satyam Computer Services as it tries to save the fraud-stricken Indian outsourcing firm, three banking sources said on Wednesday. The new six-member board appointed by the government to contain the fallout of country’s largest corporate scandal will consider appointing an […]
HYDERABAD: Dodgy Ramalinga Raju is proving to be a hard nut to crack even for the seasoned interrogators of the Crime Investigation Department (CID) questioning him, his brother Rama Raju and former CFO Vadlamani Srinivas in the multi-crore scam. On the second day of police custody, Raju proved to be a tough cookie either bluntly […]
