Satyam case: Plea for leniency on quantum of sentence rejected

Last Updated: Thursday, April 9, 2015, 18:54

Raju and his brother and former Managing Director B Rama Raju in their statements before the court narrated about the "philanthropic activities" done by them through agencies like Emergency Management Research Institute (EMRI 108 services) and Byrraju Foundation.

Complaint by shareholder led to sentencing in Satyam case

Last Updated: Thursday, April 9, 2015, 18:27

On the basis of the complaint filed by Leena Mangat, a resident of Secunderabad, the CB-CID had filed an FIR on January 9, 2009 against Ramalinga Raju (Chairman), his brother B Rama Raju (MD) and other directors, auditors and others.

RBI to soon issue norms for Central Fraud Registry: Mundra

Last Updated: Sunday, March 29, 2015, 11:26

The proposed institution, which will enable quick sharing of information on entities found to be defrauding banks, would work under the supervision of RBI, he said.

Listed companies to disclose specific details on frauds

Last Updated: Wednesday, March 25, 2015, 15:09

Listed companies will soon have to provide specific details of any fraud, including its financial impact, by its executives as part of stringent disclosure norms finalised by capital markets regulator Sebi.

Frauds worth Rs 11,022 crore detected in PSU banks in Apr-Dec

Last Updated: Sunday, March 22, 2015, 13:25

PSU banks have reported over 2,100 fraud cases involving a sum of Rs 11,022 crore in the first nine months of the ongoing fiscal, with PNB reporting the maximum number of such instances.

Wipro, HCL in race for Sebi's fraud detection system upgrade

Last Updated: Thursday, March 19, 2015, 13:13

As markets watchdog Sebi plans a capacity augmentation of its fraud detection system, IT majors, including Wipro, HCL, Tech Mahindra and L&T Infotech, have evinced interest in bagging the contract.

SFIO registered 107 ponzi cases in 2 years: Govt

Last Updated: Tuesday, March 17, 2015, 18:02

As many as 107 cases for allegedly running ponzi schemes have been referred to the Serious Fraud Investigation Office (SFIO) for investigation in over two years, Parliament was informed on Tuesday.

Court sets April 9 as final date for verdict in Satyam case

Last Updated: Monday, March 9, 2015, 12:29

Citing voluminous documents in the case, Special Judge BVLN Chakravarthi said, "On April nine, the judgement will be pronounced. I am making it very clear."

Much-awaited verdict in Satyam fraud case deferred to April 9

Last Updated: Monday, March 9, 2015, 08:31

Around 3,000 documents were marked and 226 witnesses examined during the trial that began nearly six years back.

Prosecution proceedings soon in Rs 700 cr SpeakAsia scam: Govt

Last Updated: Friday, February 27, 2015, 14:46

About Rs 700 crore worth funds were defrauded by the Singapore-based company and "we are in the process of filing prosecution in the case," he said during the Question Hour.

Saradha, Rose Valley illicitly raised Rs 12,740 cr: Govt

Last Updated: Tuesday, February 24, 2015, 17:54

Probing illicit fund raising by Kolkata-based companies, Ministry of Corporate Affairs has found that group firms of Saradha and Rose Valley mobilised amounts to the tune of Rs 12,740 crore.

France issues warrants for UBS managers in tax fraud case

Last Updated: Tuesday, February 17, 2015, 17:59

French judges on Tuesday issued arrest warrants for three former managers at Swiss bank UBS over allegations it helped customers hide money from the taxman in Switzerland.