satyam

Satyam founder granted bail in fraud case

Satyam founder granted bail in fraud case

Raju released on medical grounds.
Staff Writers Aug 18 2010 11:32PM Financial Services
Victoria loses $75m software investment, 2000 jobs

Victoria loses $75m software investment, 2000 jobs

Mahindra Satyam pulls out of Geelong project.
Munir Kotadia Sep 11 2009 4:46PM Financial Services
CIOs warned against long outsourcing contracts

CIOs warned against long outsourcing contracts

Ten years? Tell him he's dreaming.
Brett Winterford Jul 30 2009 2:18PM Strategy
GlaxoSmithKline extends SAP contract with Mahindra Satyam

GlaxoSmithKline extends SAP contract with Mahindra Satyam

First significant deal after Tech Mahindra’s takeover of the fraud-hit Indian firm.
Angelica Mari Jul 13 2009 5:35AM Business
Satyam rebrands and announces new "corporate values"

Satyam rebrands and announces new "corporate values"

Trades scandals for "dignity" and “good corporate citizenship”.
Angelica Mari Jun 23 2009 1:31PM Business
Telstra awards $1.19 billion of services deals

Telstra awards $1.19 billion of services deals

EDS and Infosys will pick up the lion’s share of application development and maintenance contracts up for grabs after Telstra dumped Satyam in March.
Ry Crozier Jun 9 2009 11:20AM Software
Satyam staffer appointed as head of A/NZ

Satyam staffer appointed as head of A/NZ

Global IT service company shakes off board scandal and appoints new country manager for the Australia and New Zealand region.
Staff Writers Jun 2 2009 1:35PM Training & Development
Indian government files charges in Satyam scandal

Indian government files charges in Satyam scandal

The Indian government has officially filed charges against nine individuals believed to be connected to the accounting scandal at outsourcing firm Satyam.
Shaun Nichols Apr 9 2009 5:47AM Strategy
Satyam disputes WHO audit report

Satyam disputes WHO audit report

Satyam has disputed an audit report which highlighted problems in its contract with the World Health Organisation (WHO) for the development of a US$55.5m global business management system.
Rosalie Marshall Feb 6 2009 6:45AM Strategy
PwC auditors accused of assisting Satyam fraud

PwC auditors accused of assisting Satyam fraud

Two PricewaterhouseCoopers (PwC) auditors stand accused of helping Satyam chairman Ramalinga Raju to inflate the company's profits by 50.4bn rupees (US$1 billion) in a scandal that is now commonly referred to as 'India's Enron'.
Rosalie Marshall Feb 2 2009 12:32AM Financial Services
Wipro, Megasoft implicated in World Bank procurement scandal

Wipro, Megasoft implicated in World Bank procurement scandal

Two more Indian firms have been barred from doing business with the World Bank, less than a month after details of Satyam’s eight-year ban were revealed.
Staff Writers Jan 13 2009 3:04PM Financial Services
NAB future with Satyam ‘under review’

NAB future with Satyam ‘under review’

The National Australia Bank has confirmed the future of its services contract with Satyam is ‘under review’ following revelations of a US$1 billion accounting fraud at the Indian outsourcing giant.
Ry Crozier Jan 9 2009 12:19PM Strategy
Satyam says customers remain supportive

Satyam says customers remain supportive

India’s fourth largest outsourcing provider, Satyam, is busy reassuring customers that business will continue as usual following the financial fraud committed by the company’s chairman Ramalinga Raju.
Rosalie Marshall Jan 9 2009 10:24AM Strategy
Qantas has 'alternatives' in wake of Satyam scandal

Qantas has 'alternatives' in wake of Satyam scandal

Qantas has described the business risk currently posed by Satyam’s US$1 billion accounting scandal as ‘manageable’ but said it could activate ‘alternative’ arrangements if the outsourcer is unable to service the remaining five years of its contract.
Ry Crozier Jan 8 2009 1:42PM Strategy
Satyam chairman admits to US$1bn fraud

Satyam chairman admits to US$1bn fraud

The chairman of Satyam, one of India's largest outsourcing providers, has resigned after admitting to inflating profits for seven years, amounting to a sum of 50.4bn rupees (approx US$1 billion).
Rosalie Marshall Jan 8 2009 6:55AM Strategy

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