This is by far Largest Corporate Scam in India Inc. Read more ...


Sensex may shrug off Satyam jolt, rebound »

A study of how the US stock markets performed in the aftermath of similar scandals in that country shows that share prices usually regain lost ground within a week of the initial shock. Investors rattled by the disclosure of an accounting fraud at Satyam Computer Services Ltd and the subsequent tumble in Indian equity prices could [...]

Bets are out: Can Satyam survive crisis? »

Confession Time

[/caption] Shares in Satyam Computer Services plunged more than 70 per cent to an 11-year low on Friday as investors questioned the survival of the fraud-hit outsourcing firm. Interim CEO Ram Mynampati has admitted the company, whose market value has evaporated to $170 million from over $7 billion just six months ago, [...]