After hearing Immaneni Rama Rao, counsel for the petitioner, the court directed issuance of notices to all respondents ...

Some analysts claimed that after adjusting the figures for overstated cash, accrued interest and debtors and understated ...

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing ...

Seventeen years on, the Satyam crisis still matters—not for the fraud alone, but for what it revealed about governance under ...

A key investor in Indian outsourcer Satyam Computer Services, Larsen & Toubro (L&T), is considering selling its stake, citing a lack of information on company's performance, financial and otherwise.

Satyam Computer Services, the Indian I.T. and outsourcing giant that was nearly sunk by its founder’s billion-dollar accounting fraud, has been sold to a smaller rival in an unusual auction in which ...

The government-appointed board at financially troubled Indian outsourcer Satyam Computer Services Ltd. has decided to appoint an accounting firm in the next 48 hours to restate the company’s accounts.

Although analysts expect that Satyam Computer Services will lose customers in the fallout of its accounting scandal, major customer General Electric said Tuesday it had not moved work from Satyam. “We ...

The criminal probe into the financial scandal at Satyam Computer Services Ltd. advanced today, with India’s Central Bureau of Investigation (CBI) filing charges against nine people, including six ...

BANGALORE (Reuters) - India's Satyam Computer Services Ltd handily beat expectations with a 20.6 percent rise in third-quarter profit before a one-off loss, joining larger rivals like Infosys in ...

The planned merger of Indian outsourcer Satyam Computer Services with Tech Mahindra, its dominant shareholder, will lead to the creation of an outsourcer focused on key segments like ...

SAN FRANCISCO (MarketWatch) -- Satyam Computer Services Ltd. on Friday said fourth-quarter net income was $62.3 million, up 36% year-over-year and 8.5% sequentially. The Indian IT group posted revenue ...