Complaint by shareholder led to sentencing in Satyam case. Sanjay Raut needs a psychiatrist: Ashis... Sanjay Raut needs a psychiatrist: Ashish Shelar slams Sena MP for the language used in Saamana. Ramalinga Raju the Chairman of Satyam Computers decided to buy out 'Maytas" which is his son"s ailing infrastructure company. Maharashtra issues SOPs for New Year's ... Maharashtra issues SOPs for New Year's Eve: No stepping out for senior citizens, no firecrackers allowed. Similarly, B. Suryanarayana Raju (Brother of Ramalinga Raju) was a shareholder and/ or Director of 103 companies floated by Ramalinga Raju and his family members. India's Supreme Court cancels the bail of Ramalinga Raju, the founder of software services giant Satyam Computers, accused of staging India's biggest corporate fraud. It's been 10 years since B Ramalinga Raju, former CEO and Chairman of Satyam Computers, first admitted to have inflated the company's revenue to attract investors. No parallels to real life though — husband Rama Raju, the younger son of Ramalinga Raju (nicknamed Rama Raju Jr) whom she married in 2007 plays … Investigators looking into the Satyam case are still struggling to find answers to why Ramalinga Raju did what he did. B Ramalinga Raju born on 16-9-1954 —– 7 and 8. born on 16th which makes him 7 born and life path as 8, which is the major factor for his downfall and possible arrest. Schools in Mumbai to remain shut till J... Schools in Mumbai to remain shut till January 15, announces BMC. ‘We Can’t Condone Police Action On Any Journalist’, ‘We Have Enough Resources To Provide A Vaccine To Every Citizen’, ‘DATRI Has 4.8 Lakh Donors…Less Than 1% Of India’s Population’. He even invented debtors who owed 490 crore to Satyam Computers. B. Rama Raju was earlier a promoter of the controversial Maytas Properties. His career was flying, and there seemed to be no logical reason for him to want out. Shirdi Sai temple to remain open throug... Shirdi Sai temple to remain open through the night on December 31. Ramalinga Raju, however, enjoyed playing cards, it was almost a family pastime, but he did not go to the extent of his brother Rama Raju to play a rummy game at Rs. How have you found your feet after the debacle? My workload increased to a greater extent after the episode. Please enter it below, ‘It’s Nice—Satyam Survived, Jobs Were Preserved’. And on Wednesday, she again showed her unwavering faith by bailing him out. Hyderabad: He was once considered the IT czar and the Bill Gates of Andhra Pradesh, who founded and built Satyam into one of the top IT companies in India. He says Sandhya Raju, who is the daughter of P. R. Venketrama Raja, the Ramco vice chairman and managing director (she is also Ramalinga Raju's second son Rama Raju's … Amazon warehouse in Andheri, Pune vanda... Amazon warehouse in Andheri, Pune vandalised, allegedly by MNS workers. Diamond Broker falls prey to 'honey tra... Diamond Broker falls prey to 'honey trap' on Instagram, loses Rs 1 crore. In September 1999, when Satyam Computer Services was on a growth curve that promised never to flag, Srini Raju, brother-in-law of B Ramalinga Raju, abruptly quit the company. One of Raju's senior lawyers told … Find Ramalinga Raju Latest News, Videos & Pictures on Ramalinga Raju and see latest updates, news, information from NDTV.COM. Google takes away wide-angle astrophoto... Google takes away wide-angle astrophotography from Pixel phones, Hilarious replies from the desk of the Sexpert, Terms of Use and Grievance Redressal Policy. REUTERS/Krishnendu Halder/Files REUTERS - The founder of Satyam Computer Services(SATY.NS), Ramalinga Raju, who was found guilty in an accounting fraud case and sentenced to seven years' imprisonment last week, has filed an appeal to challenge the … Mumbai's famous sexpert Dr Mahinder Wat... Mumbai's famous sexpert Dr Mahinder Watsa passes away. Ulhasnagar: 7-year-old UK returnee test... Ulhasnagar: 7-year-old UK returnee tests positive for coronavirus; samples sent to Pune to check for new COVID-19 strain. So, ironically, I never had... To read this piece, and more such stories in India's most exciting and exacting magazine, plus get access to our 25-year archives goldmine, please subscribe. Garry Kasparov says Magnus Carlsen is '... Garry Kasparov says Magnus Carlsen is 'struggling with age' as champ makes final. New Year's Eve: 35,000 cops to be deplo... New Year's Eve: 35,000 cops to be deployed in Mumbai; parties on boats, terraces prohibited. B. Rama Raju, the 34-year-old younger son of Satyam founder B. Ramalinga Raju, speaks to Outlook about the SEBI order to ban the Rajus from trading for 14 years. For reprint rights:Times Syndication Service. But he is the son… 5000 per point. A two-judge bench of the Telangana High Court will watch an episode of the Netflix Series 'Bad Boy Billionaires' that is based on former Satyam Computers Chairman B Ramalinga Raju. Srini was a partner in Satyam, and had been its Chief Operating Officer since 1992. Problem started after that. 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. Ramalinga Raju’s wife Nandini Raju, sons Teja and Rama, and the wives of Ramalinga Raju’s younger brothers were among those convicted for evading paying income tax of … Horoscope today: Astrological predictio... Horoscope today: Astrological predictions for December 29. Raju was ordered to pay a personal bond of 100,000 rupees ($1,600; £1,000) while the others were asked to pay 50,000 rupees. 'Enough is Enough': Sanjay Raut warns B... 'Enough is Enough': Sanjay Raut warns BJP leaders on linking his family's name to PMC, HDIL scams. Rama Raju (Jr.) (Son of Ramalinga Raju) was the shareholder and/ or Director of 22 companies which were floated by Ramalinga Raju, Rama Raju and their family members. your username. According to Maytas Infra's shareholding pattern as on September 2008, Ramalinga Raju's son Teja Raju held 2.53 per cent stake, while the entire promoter group, which includes other members of the Raju family, holds … As it turned out, he perpetrated India's largest ever corporate fraud, with striking parallels to the Enron scandal. B. Rama Raju, the 34-year-old younger son of Satyam founder B. Ramalinga Raju, speaks to Outlook about the SEBI order to ban the Rajus from trading for 14 years. Three episodes of Bad Boy Billionaires: India sans the Ramalinga Raju episode was released this morning. Welcome! Copyright © Bennett, Coleman & Co. Ltd. All rights reserved. Excerpts: It has been over five years since the Satyam investigation started. How Dr Jagannath Dixit became a messiah... How Dr Jagannath Dixit became a messiah for the obese and diabetic in Maharashtra. Ramalinga Raju christened his fledgling IT company 'truth'. your password With Ramalinga Raju behind bars, the focus is now on elder son B Teja Raju, who industry senior think may not be able to deliver at Maytas. Ramalinga Raju (C), founder and former chairman of fraud-hit Satyam Computers, is escorted from a court in Hyderabad April 9, 2009. Maytas Infra's board of directors include R P Raju (Independent Director), B Teja Raju ( Vice Chairman), PK Madhav (Wholetime Director and CEO) and Chander Sheel Bansal (Wholetime Director). Satyam scam kingpin B. Ramalinga Raju and his brother B. 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