satyam

Tech Mahindra bags Satyam

The telecom outsourcing company of the Mahindra group will pay around $580 million to acquire 51% of Satyam Computer, ending the saga of India's biggest corporate fraud.
April 14, 2009

Fraud at Satyam drags down Sensex

The Satyam saga continues with the company's chairman and managing director resigning over accounting fraud. Satyam's shares lose almost 80% and drag down the overall market.
January 07, 2009