Archive for May 11th, 2009

Satyam-Upaid case may be settled for $10mn: Sources

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 [...]

Jain

Satyam Ghotala

May 11, 2009

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Satyam fraud: ICAI committee to submit recommendations in June

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 [...]

Jain

Satyam Ghotala

May 11, 2009

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