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Satyam News

09 Sep 2019

Big win for PW, setback for SEBI in Satyam Case

The bench of SAT ruled that SEBI can not take action against auditors, only ICAI as per law has the power to do so.

19 May 2017

Five-year-old dies after being rescued from borewell in Madhya Pradesh

A young boy taken to hospital after being rescued from a 100 ft deep borewell, dies.

07 May 2015

Satyam case: Court to hear arguments on bail pleas today

A local court will take up on Thursday the appeals filed by Satyam Computers founder B Ramalinga Raju and nine others, seeking suspension of their sentences in the multi-crore accounting fraud in the erstwhile IT company.

09 Apr 2015

Satyam case: Plea for leniency on quantum of sentence rejected

Raju and his brother and former Managing Director B Rama Raju in their statements before the court narrated about the "philanthropic activities" done by them through agencies like Emergency Management Research Institute (EMRI 108 services) and Byrraju Foundation.

09 Apr 2015

Complaint by shareholder led to sentencing in Satyam case

On the basis of the complaint filed by Leena Mangat, a resident of Secunderabad, the CB-CID had filed an FIR on January 9, 2009 against Ramalinga Raju (Chairman), his brother B Rama Raju (MD) and other directors, auditors and others.

09 Mar 2015

Court sets April 9 as final date for verdict in Satyam case

Citing voluminous documents in the case, Special Judge BVLN Chakravarthi said, "On April nine, the judgement will be pronounced. I am making it very clear."

09 Mar 2015

Much-awaited verdict in Satyam fraud case deferred to April 9

Around 3,000 documents were marked and 226 witnesses examined during the trial that began nearly six years back.

08 Mar 2015

Much-awaited verdict in Satyam fraud case likely on Monday

A special court here is slated to pronounce on Monday the much-awaited judgement in the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL).

22 Dec 2014

Hearing on SEBI plaints against Raju, others on Jan 20

A special court here on Monday posted to January 20, the hearing of two complaints filed by market regulator SEBI against Satyam Computers founder and former chairman B Ramalinga Raju and others.

13 Nov 2014

SEBI complaints: Ramalinga Raju, others appear in court

Nearly six years after the multi-crore rupee scam in Satyam jolted corporate India, a special court here will pronounce its verdict on December 23 in the case.

15 Sep 2014

Satyam case: All accused asked to appear in court on Oct 27

The court has not given any date for judgement, CBI special public prosecutor K Surender said.

Securities Appellate Tribunal

08 Sep 2014

SAT stays SEBI's Rs 1,849-crore penalty against Satyam

The Securities Appellate Tribunal on Monday stayed the Rs 1,849-crore penalty that Sebi had slapped on the founder-chairman of Satyam, B Ramalinga Raju and four others, but upheld a ban on them from accessing the markets.

07 Sep 2014

Satyam scam: Raju, others move SAT against disgorgement order

As per Sebi's order, the money was asked to be deposited with the regulator within 45 days, while interest would be levied at 12 percent per annum with effect from January 7, 2009.

26 Jun 2014

Satyam case: Court to pronounce date of verdict on July 28

All the ten accused on Thursday attended the court proceedings. However, media persons were not allowed inside the court hall.

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