anuragjain199
New member
NEW MOVIE RAJU BAAN GAAYA CHOR......................................... GOVIDA WILL BE HERO IN CHOR NO1...................................
Satyam's Foul Play
- Thread starter trillionairegate
- Start date
sirisha6788
New member
the new ceo of satyam will be able to cope with the present situation?
well, it is a hugeissue that has dented corporate India's image but pls remember we are bewilderd just b'cos it is the first of this type in country.Look at other big countries n each has a couple of them. so,it is only tempering image temprorily.Believe in our regulatory procedures n u will see that it gets resolved.
dear all
this is a brief profile of raju
Ramalinga Raju Byrraju born on
16th sep,1954 in a family of farmers
In Bhimavaram town of Andhra Pradesh
He was an average student in class
He completed his (B. Com) degree in 1975 from Andhra Loyola College at Vijayawada
Raju's father, was one of the first farmers to start commercial grape production in Hyderabad.
The agribusiness' profits also went a long way in educating Ramalinga, the eldest son.
Ramalinga's childhood was pretty much typical of an upper middle class Hyderbadi family
He did his MBA from Ohio University, USA. trip to the US for his education changed his destiny
Back to India in 1977 and initially developed a textile industry named Sri Satyam.
Then he ventured into real estate business under the name Satyam Constructions
tazeen
this is a brief profile of raju
Ramalinga Raju Byrraju born on
16th sep,1954 in a family of farmers
In Bhimavaram town of Andhra Pradesh
He was an average student in class
He completed his (B. Com) degree in 1975 from Andhra Loyola College at Vijayawada
Raju's father, was one of the first farmers to start commercial grape production in Hyderabad.
The agribusiness' profits also went a long way in educating Ramalinga, the eldest son.
Ramalinga's childhood was pretty much typical of an upper middle class Hyderbadi family
He did his MBA from Ohio University, USA. trip to the US for his education changed his destiny
Back to India in 1977 and initially developed a textile industry named Sri Satyam.
Then he ventured into real estate business under the name Satyam Constructions
tazeen
vikrantverma
Vikrant Verma
SUPPORT FOR RAJU!!!
i know whatever hapened in SATYAM was shameful notonly for SATYAM, but also for INDIAN AUDIT dept. and else.
i m not in favour of what RAJU did, but just wanna give his viewpoint on the situation.
the things in support of his decision are:-
1) he was dying for the aquisition of MAYTAS, if the aquision had takebn place RAJU would have easily filled the broad gap b/w real and fictitious assets of SATYAM COMPANY.
2) he never used even a single penny from the money for personal use.
3) he pledged his 5% stake in the company 2 FII and the money generated, was put into the company by him as capital.
i know whatever hapened in SATYAM was shameful notonly for SATYAM, but also for INDIAN AUDIT dept. and else.
i m not in favour of what RAJU did, but just wanna give his viewpoint on the situation.
the things in support of his decision are:-
1) he was dying for the aquisition of MAYTAS, if the aquision had takebn place RAJU would have easily filled the broad gap b/w real and fictitious assets of SATYAM COMPANY.
2) he never used even a single penny from the money for personal use.
3) he pledged his 5% stake in the company 2 FII and the money generated, was put into the company by him as capital.
niraj_hattangdi
Niraj Hattangdi
its very shameful to see frauds of such a giant..
vikassahai
New member
There were news which said that pwc would also be penalized if found guilty....what happened to that?
hI need a project on fraud in SATYAm hI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAmhI need a project on fraud in SATYAm
neha20092009
Par 100 posts (V.I.P)
Simply shocking...
on the part of a company as big as Satyam.
I just dont believe the fact that its chairman Mr. Ramalinga Raju alone is responsible for this scandal and that none of its board members were even aware of it goin on..!!!!
on the part of a company as big as Satyam.
I just dont believe the fact that its chairman Mr. Ramalinga Raju alone is responsible for this scandal and that none of its board members were even aware of it goin on..!!!!
dimpy.handa
Dimpy Handa
Re: Satyam's Foul Play
ICAI, the regulatory body of chartered accountancy in the country, had reportedly found two PriceWaterhouse auditors, S Gopalakrishnan and Talluri Srinivas, prima facie guilty of professional misconduct. PriceWaterhouse was Satyams statutory auditor when the company's founder, B Ramalinga Raju, confessed to a massive accounting fraud in January 2009.
ICAI, the regulatory body of chartered accountancy in the country, had reportedly found two PriceWaterhouse auditors, S Gopalakrishnan and Talluri Srinivas, prima facie guilty of professional misconduct. PriceWaterhouse was Satyams statutory auditor when the company's founder, B Ramalinga Raju, confessed to a massive accounting fraud in January 2009.