Former Satyam chairman Ramalinga Raju and his brother, former Satyam Managing Director Ram Raju surrendered before the Andhra Pradesh Director General of Police on Friday night and were subsequently arrested, police spokesperson said.
Ramalinga Raju has been charged under various sections of the Indian Penal Code including Section 120B for criminal conspiracy, under Section 409 for [...]
The Government on Friday disbanded the current board of troubled IT company Satyam Computers and will nominate 10 new directors.
“The current board ceases to exist and there would not be any meeting on Saturday,The Centre is considering the appointment of suitable persons as directors of Satyam following interim permission by the Company Law Board (CLB).” [...]
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