NEW DELHI: Some of Satyam Computer’s 105 offices and 30 delivery centres worldwide may soon cease to exist. According to a report in a business daily, the Hyderabad-based company “is evaluating options to downsize operations at its overseas development centres and terminate lease contracts for offices and other properties.”
By consolidating its offices and delivery infrastructure [...]
NEW DELHI: The Satyam fraud case is top priority of the government, and the investigating agency, the Serious Fraud Investigation Office (SFIO), has been asked to put the prosecution on fast track, Minister of State for Corporate Affairs (independent charge) Salman Khurshid said here Friday.
“The case is required to be put on the fast track [...]
Even as the Upaid class action lawsuit against Satyam dangles over the crisis-ridden outsourcing giant like a sword, it is now learnt from sources that the case could be settled at a measly USD 10 million, a far cry from the USD 1 billion Upaid was once demanding. CNBC-TV18’s Vivek Law reports.
The Upaid case [...]
KOLKATA: The high-level committee set up to look at the multi-crore rupee fraud at Satyam Computer by the Institute of Chartered Accountants of India is close to coming out with its recommendatations by June.
“The high-level committee set up to look into matters arising out of Satyam fraud is carrying out deliberations and is likely to [...]
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