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Satyam chief admits to mega fraud, quits
Published January 7, 2009, 2:33 pm, Deccan Herald
IT major Satyam Computers plunged into crisis on Wednesday as its chairman B Ramalinga Raju announced his exit from the top post after making a dramatic confession of serious financial and accounting frauds running into around Rs 8,000 crore.
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Shock over 'India's Enron' as Ramalinga Raju says profits at Satyam ... - News.com.au
THE head of Indian outsourcing company Satyam Computer Services quit overnight, after disclosing that profits had been falsely inflated for years and sending its shares plunging nearly 80 per cent. India's biggest corporate scandal in memory ...
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