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The Satyam Saga: Fidelity raises stakes while insider trading confirmed
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January 31, 2009
A private newspaper reported that CID and Andhra Police investigations have confirmed speculations of insider trading at Satyam. On the other hand, Fidelity Investors raised their stake once more taking it up from 6.79% to 7.7% |
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Telcos against Raja's lock-in period move
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January 31, 2009
Telecom operators are up against IT and communication minister A Raja's attempt to free himself off the responsibility to give new telecom licences and spectrum at low prices. |
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The Satyam Saga: Firms express their interest for acquisitions
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January 30, 2009
Around seven companies have shown interest in complete acquisition of Satyam Computer Services. Suitors, include global and Indian IT firms, besides private equity funds. |
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The Satyam Saga: Head likely to be announced soon
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January 29, 2009
The Corporate Affairs minister has revealed that the government appointed board is close to finalizing the new head of Satyam Computers.
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The Satyam Saga: Bitter-sweet developments for Satyam Employees
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January 28, 2009
The latest news in the three week long ordeal that Satyam employees have had to deal with brings some good news while apprehensions about the future continue to hold sway.
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The Satyam Saga: Updates
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January 27, 2009
In the latest developments of the Satyam debacle, the income tax department has begun its own independent probe of the scam while agencies line up their own barrage of investigations. |
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Satyam Saga: Highs and Lows
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January 23, 2009
In the latest of the series of damage control measures taken by Satyam, the board is planning to mortgage company assets to raise money for its revival. 40 applications for the post of CEO and CFO are also being considered by the board and the names are expected to be announced soon. |
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The Satyam Saga: L&T denies revival plans, investigators find more made up statistics
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January 22, 2009
While more fictitious numbers and startling facts emerge, board meets to appoint new CEO, CFO. |
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Satyam irregularities: Past and Present
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January 21, 2009
14 days have passed since B Ramalinga Raju accepted the Satyam fraud but the future of the company and its associates still remains in the dark. The after-effects needs to be recapitulated and analysed to determine what shortcomings of the government machinery led to such a magnanimous corporate fraud in the country. |
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The Satyam Saga: Updates
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January 20, 2009
Probe extends to Maytas, YSR facing questions and analysts remain perplexed about what the future holds for the company, its clients and employees. |
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