Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: due date for vat payment :: form 3cd :: TDS :: VAT RATES :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: empanelment :: articles on VAT and GST in India
 
 
« General »
 Why consumers should welcome GST
 Retailers need to file single GST return every month
 Aadhaar is must for income tax returns if you have one; Here's how you can file it online
 Will it be a tax haven above the law?
 Your mutual fund investment tax efficient? Here are 3 steps to ensure utmost efficiency for your portfolio
 Finally a goods and services tax. But what lies ahead?
 Tax May Rise On Outbound M&As, Indian Mncs’ Investments
 Filing income tax return? Do remember to claim benefits on your reimbursements
 Banks will have a hard slog ahead to get GST-ready
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956
 Introduce indemnity clauses with suppliers on tax compliance: Expert

After SC cancels bail, Satyam's R Raju surrenders
November, 11th 2010

Ramalinga Raju, the former chairman and founder of Satyam Computer , on Wednesday surrendered to a lower court in a case of accounting fraud that turned out to be the countrys biggest corporate scandal.

Raju turned himself in after his bail was cancelled by the Supreme Court , VV Lakshmi Narayana, a Hyderabad-based senior official with the Central Bureau of Investigation (CBI) told Reuters. Raju, a management graduate from Ohio University who founded Satyam in 1987, shocked investors in January 2009 when he said the firms profits had been overstated for years and assets falsified in a fraud allegedly worth more than $1.5 billion.

He had been in police custody since the fraud was revealed until he was granted bail in August by a lower court in Hyderabad, where Satyam is based.

The CBI opposed the bail in the Supreme Court, which in October cancelled the bail granted to Raju and five other former employees and asked them to surrender. Raju sought an extension, but was denied.

The five former Satyam employees, including former managing director B Rama Raju and former finance head Vadlamani Srinivas,

also surrendered on Wednesday, Narayana said. Satyam was sold to Indian IT firm Tech Mahindra , majority-owned by automaker Mahindra & Mahindra and part-owned by British telecoms firm BT, in an auction in April last year. It was subsequently renamed Mahindra Satyam.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions