SC grants relief to Tech Mahindra in ED case

Last Updated: Monday, May 11, 2015, 18:59

In a breather to Tech Mahindra, the Supreme Court Monday restrained for four months a trial court in Andhra Pradesh from framing charges against the IT services company in connection with Enforcement Directorate's proceedings in the Satyam accounting fraud case.

Satyam case: Ramalinga Raju, 9 others granted bail; court suspends their sentences

Last Updated: Monday, May 11, 2015, 18:38

In a sigh of relief to Satyam Computers founder B Ramalinga Raju and 9 others sentenced to 7 years rigorous imprisonment in the multi-crore accounting fraud, the Hyderabad Court on Monday granted them bail.

PMO to review steps to check loan frauds on Thursday

Last Updated: Sunday, May 10, 2015, 13:20

Finance Ministry has already collected a comprehensive data on willful defaulters of public sector banks last month.

Satyam case: Court reserves order on Raju's plea till May 11

Last Updated: Friday, May 8, 2015, 19:10

A local court on Friday deferred to May 11 its order on an application filed by Satyam Computers founder B Ramalinga Raju and nine others, seeking suspension of their sentence and fines imposed on them in the multi-crore rupee accounting fraud.

SC seeks law officer's assistance on Tech Mahindra's ED case

Last Updated: Thursday, May 7, 2015, 20:50

The Supreme Court on Thursday sought the assistance of Centre's law officer to hear a petition filed by Tech Mahindra Ltd in connection with Enforcement Directorate's proceeding in the Satyam accounting fraud case.

Satyam case: Court to hear arguments on bail pleas Thursday

Last Updated: Wednesday, May 6, 2015, 21:25

A local court will take up Thursday the appeals filed by Satyam Computers founder B Ramalinga Raju and nine others, seeking suspension of their sentences in the multi-crore accounting fraud in the erstwhile IT company.

Satyam case: Raju moves sessions court against conviction

Last Updated: Tuesday, May 5, 2015, 19:10

Satyam Computer founder B Ramalinga Raju and nine others have moved a sessions court here challenging their conviction in the multi-crore accounting fraud at the erstwhile IT firm.

SFIO 'miserably' failed to develop fraud prediction model

Last Updated: Sunday, April 26, 2015, 12:13

The Serious Fraud Investigation Office (SFIO), under the administrative control of the Corporate Affairs Ministry, was asked to probe 139 cases in the last three years.

Spain rejects extraditing trader in `London Whale` case to US

Last Updated: Friday, April 24, 2015, 00:59

Spanish authorities have refused to extradite a former JPMorgan bank trader to the United States where he faces criminal charges in the massive "London Whale" fraud scandal.

Satyam case: Court rejects pleas of Raju, others

Last Updated: Monday, April 20, 2015, 19:42

A local court Monday rejected as non-maintainable the appeals filed by Satyam scam kingpin B Ramalinga Raju and others challenging a special court's verdict that found him and nine others guilty in the multi-crore rupee accounting fraud in erstwhile Satyam Computer Services Ltd (SCSL).

Sebi ups crackdown on money-pooling frauds; 92 firms face axe

Last Updated: Sunday, April 19, 2015, 12:24

Sebi's crackdown on illegal money pooling activities seems to be gaining momentum as the regulator has taken strict action against 92 firms so far in 2015 for fraudulently raising over Rs 2,000 crore from public.

Ex-JPMorgan investment adviser charged in $20 mn fraud

Last Updated: Friday, April 17, 2015, 03:32

A former investment adviser for JPMorgan Chase was arrested Thursday on charges he stole some $20 million from clients and put most of the money into losing investments, US authorities said.