Finaly Supreme Court has granted bail for the Founder and Chariman of Satyam Computer Services LTD, Sri Ramalinga Raju.
He was arrested in a $1.5 billion financial fraud case by CBI in August. As a part Satyam Computer Services was auctioned and sold to IT Firm some part of Tech Mahindra, Mahindra & Mahindra and some partially owned by British Telecoms.
Now its renamed as Mahindra Satyam.
Well, its a good news for Satyam Employees..
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Friday, November 4, 2011
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