7-year-jail, Rs 5 crore fine, for Satyam founder Ramalinga Raju

April 09, 2015 14:47

The court has also slapped a Rs 5 crore fine on Ramalinga Raju. While the accounting fraud was to the tune of Rs 7,000 crore, it had caused an estimated notional loss of Rs 14,000 crore (Rs 140 billion) to investors and unlawful gains of Rs 1,900 crore (Rs 19 billion) to Raju and others.

« Back to LIVE

TOP STORIES

Companies bribed parties via electoral bonds for projects: Prashant Bhushan

He said a petition has been filed before the Supreme Court, seeking an independent probe by a special investigation team into the alleged nexus between political parties and companies for corruption through electoral bonds.

Actor Allu Arjun booked for poll code breach in Andhra

The Pushpa actor waved to a large crowd from a balcony with the YSRCP candidate and also posted a message on 'X' in his favour.

In Pictures - Patidar, Jacks give RCB healthy total vs DC

Images from the IPL match between Royal Challengers Bengaluru and Delhi Capitals at the M.Chinnaswamy Stadium, in Bengaluru, on Sunday.

I won't have to return to jail if...: Kejriwal at Delhi roadshow

The AAP national convenor is out on an interim bail till June 1. He has to surrender on June 2.

Saini govt ready for floor test? Khattar dares Oppn to parade its MLAs

Former chief minister ML Khattar also indicated the BJP government was not averse to a floor test and that six Jannayak Janta Party MLAs are with it.