Archive for January 27th, 2009

IT Dept independently probing the Rs 7,800-crore accounting fraud in Satyam with a focus on TDS & benami deals.

MUMBAI: The Income Tax department is independently probing the Rs 7,800-crore accounting fraud in Satyam with a focus on tax deducted at source and benami deals.
“We are conducting an independent probe into the Satyam case,” Central Board of Direct Taxes chairman N B Singh told reporters here on Tuesday.
The I-T department will look into tax [...]

Jain

Satyam Ghotala

January 27, 2009

No Comments

Satyam Board to meet today, CEO’s name to be finalised

The new Board assigned the task of revitalising Satyam will meet in Hyderabad on Tuesday.
The Board of the company, now under a cloud for the Rs 8,000 crore fraud committed by its former founder Chairman B Ramalinga Raju, was supposed to finalise nominees for the crucial posts of CEO and CFO during its two-day session, [...]

Jain

Satyam Ghotala

January 27, 2009

No Comments