Satyam diverted funds to buy Nipuna shares
HYDERABAD: The controversy over the claim of the former Satyam chairman, B. Ramalinga Raju, that he had infused Rs. 1,425 crore into the company took a new turn on Wednesday as the Central Bureau of Investigation charged the firm with investing Rs. 175 crore from out of the money to acquire preferential shares of Nipuna [...]
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