0
votes

Ramalinga Raju Shares Satyam Computer Fraud Blame, Stock Dives

posted January 7, 2009 - 7:33am
Ramalinga Raju Shares Satyam Computer Fraud Blame, Stock Dives

Satyam founder Ramalinga Raju has taken the blame for the Satyam Computer fraud and has resigned. The Satyam computers stock is now in doldrums. The BSE and NSE inices haave also tanked as a result of this. This news is not a good story for the stock markets. Just when things were looking up for the stock markets...

Read full story of the Satyam Fiasco

Stock Markets Analysts say Satyam Fiasco is like the Enron Scandal.


Website: http://www.moneycontrol.com/india/news/business/ra...
Author: Prabhjeet
-A +A

A Xomba Account Lets You:

Read - Expand your mind. Write - Share your ideas Get Paid - Expand your pocketbook Get Started Today!


Comments

Post new comment

  • Lines and paragraphs break automatically.
  • You can use BBCode tags in the text. URLs will automatically be converted to links.
  • Allowed HTML tags: <p> <br> <b> <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <span> <object> <param> <embed> <table> <tr> <td> <div>
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

Join Xomba Today

Do you like to write? Would you like to make a little extra money on the side? These people do. Join the Xomba community today.
Become a Member