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The Satyam Story: Many Questions and A Few Answers
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20

augustus 2024

2024/2025

A+
The shocking resignation of Mr. B Ramalinga Raju, the Founder and Chair man of Satyam, on January 7, 2009, came as the climax of twenty-two days of drama that started on December 16, 2008, with the negative reaction of shareholders towards the proposed acquisition of Maytas Infrastructure (a fam ily-owned company of Mr. Raju) for $1.6 billion. On January 2, 2009, Mr. Raju disclosed to the stock exchange that his family had pledged all its shares held in its holding firm, SRSR Limited, ...
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