India's federal investigator has filed charges of criminal conspiracy, cheating and forgery against the disgraced founder of Satyam Computer Services, B. Ramalinga Raju, and eight others for stealing millions of dollars from the company
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The taste of India's merchant princes for extraordinarily lavish weddings has not been lessened by their rickety business finances, says top wedding planner Saurabh Agarwal ... more
Analysis: Scandal-hit Indian outsourcing firm Satyam has been accused of forging documents from four banks, including HSBC, to claim a cash balance of $1 billion... more
Technology: The new board of Satyam Computer Services, shaken by an accounting fraud going back years, is looking to sell the company, reports in Mumbai suggest... more
Citigroup's Corporate Special Opportunities hedge fund is returning only three cents on the dollar to investors — underscoring the depths of the difficulties at the alternative investment unit once headed by the bank’s current chief executive, Vikram Pandit... more
Scandal: Executives at India’s Satyam Computer Services grabbed $1.8 million from share sales in the six months before its stock collapsed amid accusations of fraud... more
Scandal: Shares in Satyam Computer Services rose by some 60%, after the Indian government stepped in to restore confidence in the scandal-ridden company... more
Stanley Fink, the former chief executive of Man Group, is a hugely able guy, but that does not make it a wise decision for him to become joint treasurer of the Conservative party with Icap's Michael Spencer... more
Legal: Several investors in Satyam Computer, the outsourcing giant that announced this week that it had concealed $1 billion in losses, are considering suing PricewaterhouseCoopers LLC, the auditor of the company's doctored accounts... more
Scandal: European customers of India’s Satyam, including London-listed news giant Thomson Reuters, are struggling to work out how the potential collapse of fraud-hit Indian IT Services giant Satyam would affect their operations... more
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Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
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