An overview on what happened to the company after the fraud. Use the links below to find out more about the conviction sections of the Indian Penal Code (IPC) and the consequences to PwC
Convictions
Auditor Ramifications
Convictions
Auditor Ramifications
What happened to the company a year later - http://www.thenational.ae/business/technology/mahindra-satyam-bounces-back-after-fraud-scandal
Tech Mahindra wins bid to acquire Satyam - renames it Mahindra Satyam
http://www.hindustantimes.com/business-news/tech-mahindra-buys-satyam-for-rs-2-889-cr/article1-399803.aspx
Tech Mahindra finalizes merger with Mahindra Satyam
http://www.thehindu.com/business/Industry/185-swap-for-tech-mahindra-mahindra-satyam-merger/article4849296.ece
Tech Mahindra values purchase of Satyam at $1.8b
http://www.bloomberg.com/news/articles/2012-03-21/tech-mahindra-to-purchase-rest-of-satyam-for-1-8-billion
|
Videos
Rama Raju court sentencing - https://screen.yahoo.com/current-affairs/satyam-founder-9-others-guilty-135025661.html Verdicts & the fines: go to 3:21 for verdicts & the implications on white collar crime, 4:32 for auditor responsibility - http://www.dailymotion.com/video/x2micif_satyam-verdict-penalty-for-ramalinga-raju-justified-in-satyam-scam_news Wife of Rama Raju speaks out on what he did - https://www.youtube.com/watch?v=eWQb0VcX9rc Improvements in Satyam's financials - http://www.ndtv.com/video/player/news/improvement-in-satyam-s-detailed-financials-kiran-karnik/136928 Has corporate governance evolved in India? - http://www.ndtv.com/video/player/ndtv-special-ndtv-profit/has-corporate-governance-evolved-in-india/184250 Indian Gov't to bail out Satyam - http://www.ndtv.com/video/player/news/govt-to-bail-out-satyam/50679 |