Breaking up with Manmohan a mistake, says Bardhan- Hindustan Times
Source: www.hindustantimes.com


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TODAY'S MAXIMUM LOSER (Rs)
No Losers

The above statement from my online portfolio at MoneyControl.com. Heh! The stock market likes the election results, at least for today.

Court extends police custody of Raju; CID says staff nos fakedRaju is singing like a canary. Now there is a big relief for about 12,000 employees of Satyam. They simply do not exist. So these non existant employees are collectively heaving a big non existant sigh, they don't have to search of non existant salaries, or non existant jobs anymore. ( Read more... )

Satyam auditors not part of PwC


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WB gives Satyam projects to TCS
TCS rebounds on WB contract

Heh!

Satyam CFO Srinivas Vadlamani confesses, blames PwC, Raju


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Wipro ineligible for contracts with World Bank till 2011

"Ah folks there is just this little matter of us not telling you this very little insignificant thing. Nothing serious."

"Oops there goes our share price! Down 10%!"

How one equity analyst almost nailed Satyam


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I just had a long chat with our Finance person here. He says there is no way Satyam could  have cooked books without anybody else in the company and their auditors being in the know of it. The only way the auditors can be free is if Satyam had shown they forgeries of everything, like their cash and bank balances. Which too he says is very difficult ( Read more... )

January 3: A sale of pledged shares by lenders of the Ramalinga Raju family led to the family's stake in Satyam falling to 4.4% from 8.27%

January 6: Satyam clarified news item of merger with Tech Mahindra; ILFS announced sale of 2.45 crore equity shares of Satyam

January 7: Mr. B Rama Raju, Managing Director, admitted fraud; resigned; Satyam books ( Read more... )