Search For Current Affairs 2011

Custom Search

Friday, November 4, 2011

Satyam Ramalinga Raju gets bail

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..


Satyajit said...

At last they have got bail after committing the worst corporate scam in Indian History...

Check the site for Current affairs and GK stuff

Current Affairs and General Knowledge

Uday Kiran said...

@satyajit.., he may commited scam.. but through his company many students who were fighting for their basic needs were fulfilled.,