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BIGGEST FRAUD IN INDIAN CORPORATE HISTORY - SATYAM CEO RESIGNS

Posted by m.s.chowdary at 5:30 AM

Wednesday, January 7, 2009

Satyam Computers' CEO B. Ramalinga Raju has resigned. In his resignation letter he made more shocking confessions. He himself exposed the fraud he had done. The fraud is being described as the largest of its in kind in the history of corporate Indian Business. This had made the stock price dip very steeply by about 78%.

For more news on this please visit:

CNBC TV 18 Website
CNNIBN Website; Business Page

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