Central Bureau of Investigation

Satyam founder B Ramalinga Raju Source: AFP INDIA'S Central Bureau of Investigation said the accounting fraud at Satyam Computer Services is now estimated at 118.8 billion rupees ($2.8 billion), much larger than the amount estimated by...

In this article: Tech Mahindra, Satyam Computer Services, Business process outsourcing, Revenue, and Recession

...to fabricating "fictitious" cash and other non-existent assets worth about GBP1 billion over at least seven years. This week, the Central Bureau of Investigation (CBI), India's equivalent to the FBI, dismayed investors by revealing that...

In this article: India, Outsourcing, and FBI

...the fraud involving outsourcing company Satyam totalled over three billion dollars, double the amount originally suspected. The Central Bureau of Investigation (CBI) which filed new charges on Tuesday against 10 suspects, including...

In this article: Mahindra, Vineet Nayar, New Delhi, India, Allegation, and Balance sheet

BANGALORE: Mahindra-Satyam shares fell to a 4-month low on Thursday, before recovering, on concerns over its outlook after the Central Bureau of Investigation filed new charges over accounting fraud that hit Satyam earlier this year.

In this article: Tech Mahindra, Mahindra, Allegation, Revenue, Outsourcing, Economic Times, and Ramalinga Raju

...by India's biggest corporate fraud, which came to light in January. V. V. Lakshmi Narayana, deputy inspector general of India's Central Bureau of Investigation, told Reuters the extent of the fraud at Satyam could be much larger than...

In this article: Ramalinga Raju, Tech Mahindra, Allegation, Revenue, Outsourcing, and Satyam Computer Services

...per cent to Rs 82.35. Over 1.49 crore shares of Mahindra Satyam changed on both the bourses within minutes of opening of trade. The Central Bureau of Investigation (CBI) has filed the second chargesheet in the multi-crore Satyam scam...

In this article: Economic Times, Bombay Stock Exchange, and Mumbai

...cash balances, booking fake interest, overstating debt and understating liabilities. In a 200-page court brief filed Tuesday, India's Central Bureau of Investigation said Raju had understated the fraud by at least $1 billion. Raju and his...

In this article: India, Tech Mahindra, Revenue, Bombay Stock Exchange, Satyam Computer Services, and Mumbai

Satyam Computer Services Ltd.'s /quotes/comstock/13*!say/quotes/nls/say (SAY 4.65, -0.40, -7.96%) U.S. shares dropped 8.5% after the Central Bureau of Investigation in India reported details of extensive fraud at the outsourcing firm. A...

In this article: Outsourcing, Tiffany & Co., Satyam Computer Services Ltd., Clearwire Corp., JDS Uniphase Corp., Novartis AG, and Citigroup

...agency filed new charges over an accounting fraud that hit the company earlier this year. The Central Bureau of Investigation said it had filed on Tuesday a supplementary charge sheet containing new allegations against former...

In this article: Satyam Computer Services, Ramalinga Raju, Mumbai, India, Allegation, Revenue, Outsourcing, and Economic Times

New Delhi, Nov 22: The Central Bureau of Investigation (CBI), which has been investigating the Bofors gun payoff scandal, has refused to reveal any information sought under the Right to Information (RTI) about Italian businessman Ottavio...

In this article: Ottavio Quattrocchi, Bofors, Rajiv Gandhi, Bofors gun, and Supreme Court