India's fourth-largest information technology (IT) company, Satyam Computers, is on the verge of collapse following its chairman's admission that for "several years" he fraudulently misstated the ...

Investors sit outside the house of Ramalinga Raju, founder and former chairman of Satyam Computer Services, during a protest in the southern Indian city of Hyderabad, July 10, 2009. The placards read: ...

A court in India has condemned Ramalinga Raju, the founder of Satyam Computers, to seven years in jail, in one of the country’s biggest ever corporate scandals involving an IT outsourcing firm. The ...

Warren Buffett once said, "It's only when the tide goes out that you realize who has been swimming naked." Well, it's ebb tide for the global economy, and high-flying companies are being caught in the ...

Satyam Computer Services, the Indian I.T. and outsourcing giant that was nearly sunk by its founder’s billion-dollar accounting fraud, has been sold to a smaller rival in an unusual auction in which ...

The head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years. Satyam's shares plunged almost 80 percent. India's ...

New Delhi: India's information technology services provider Satyam Computer Services Ltd, now known as Mahindra Satyam, has acquired the overseas operations of business process outsourcing company ...

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing ...

Tech Mahindra Ltd., the highest bidder for a majority stake in Satyam Computer Services Ltd., said Monday that it plans to leave the current management team at the scandal-wracked outsourcing vendor ...

Satyam Computer Services, which had been rattled by accounting fraud, has been sold to a unit controlled by Tech Mahindra, an Indian outsourcing firm. On behalf of all Satyamites and their families, ...

The government-appointed board at financially troubled Indian outsourcer Satyam Computer Services Ltd. has decided to appoint an accounting firm in the next 48 hours to restate the company’s accounts.

Satyam Computer Services, the Indian outsourcing company hit by an accounting fraud in 2009, has been merged with parent Tech Mahindra. The combined entity has total IT services revenue of $2.7 ...