Ramalinga Raju, brother, 8 others convicted in Satyam scam

April 09, 2015 11:02

Just in: All 10 accused in the Satyam Scan have been convicted. The conviction order comes more than six years after one of the biggest corporate scandals involving an Indian company erupted.

A special court in Hyderabad pronounced the verdict in the multi-crore accounting fraud in erstwhile Satyam Computer Services Ltd.

B Ramalinga Raju, one of the pioneers in the industry and Satyam's founder and then chairman, and his brother have been convicted in the case.

Raju confessed to manipulating his company's account books and inflating profits over many years to the tune of crores of rupees.

« Back to LIVE

TOP STORIES

EPL: Arsenal stun United; reignite title hopes

Arsenal reclaim provisional top spot with 1-0 win at Man United

In Pictures - 5 in a row! RCB thrash DC to stay alive

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

Only 12% of LS candidates in fray in phase 5 are women: ADR

The representation of women in the ongoing Lok Sabha polls continues to remain dismally low, as only about 12 percent of the candidates in the fray in the fifth phase are female, according to an analysis by poll rights body ADR.

One more Indian-origin held in Canada's CAD 22.5 mn gold, cash heist

The gold and currency had arrived on an Air Canada flight from Zurich, Switzerland, to Pearson International Airport in Toronto.

Shock at Italian Open: Tabilo upsets Djokovic

Tabilo broke the top seed four times on Centre Court while not conceding a single break point.