National

Ramalinga Raju found Guilty, 9 others Convicted in Satyam Case

Hyderabad, April 09: Erstwhile IT major Satyam founder B Ramalinga Raju was found guilty by a special court on Thursday in the multi-crore accounting fraud in the company. Along with him, nine others accused were also convicted in the case.

The court found Raju guilty of cheating, forgery and criminal breach of trust. The sentence will be pronounced tomorrow.

The nine others are his brother B Rama Raju, who is the former Managing Director of Satyam, another brother B Suryanarayana Raju, former Chief Financial Officer Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam and former internal chief auditor of Satyam V S Prabhakar Gupta.

All are charged with cheating, criminal conspiracy, forgery and breach of trust under relevant sections of IPC.

Satyam case, the biggest accounting scam in the country, had come to fore on January 7, 2009 after Raju confessed to the fraud. He was arrested along with his brothers who also confessed the same.

Satyam Computer Services is now touted as Tech Mahindra in India.

Air hostess suicide: Court dismisses husband's bail plea

New Delhi : Delhi's Saket court on Friday dismissed the anticipatory bail plea filed by the parents of Mayank Singhvi, the husband of the air hostess ...

Rahul Gandhi started 'chipko andolan' in Lok Sabha: Rajnath

New Delhi : Home Minister Rajnath Singh on Friday took a potshot at Congress President Rahul Gandhi's hug to Prime Minister Narendra Modi and said he ...

SC collegium reiterates Justice KM Joseph's elevation

New Delhi : The Supreme Court collegium on Friday unanimously reiterated the recommendation for elevation of Uttarakhand High Court Chief Justice K.M....

'Will turn you all into Congress': Rahul

New Delhi : Congress President Rahul Gandhi on Friday took a jibe at the Bharatiya Janata Party's "Pappu" tag for him saying that he does not hate the...